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November 2nd, 2021 | 11:07 CET

Nel ASA, Water Ways Technologies, Everfuel - Unfortunately, this is the future

  • GreenTech
Photo credits: pixabay.com

Water scarcity is an ever-growing problem for many countries, especially on the African continent. More than two billion people live in water-scarce countries and lack access to clean drinking water and sanitation. In the run-up to the UN Climate Change Conference COP26, scientists and activists are urging policymakers to act and address the looming water crisis. For years, companies in the water industry have been wallflowers on the stock market. Yet this issue, in particular, has enormous potential.

time to read: 3 minutes | Author: Stefan Feulner
ISIN: NEL ASA NK-_20 | NO0010081235 , Water Ways Technologies | CA9411881043 , Everfuel A/S | DK0061414711

Table of contents:


    Too little action

    It is all connected. Climate change, which directly affects the world's population and the environment, includes health risks due to rising air temperatures, heat waves, and economic consequences for the elimination of climate-related damage, as well as an increase in hunger and water crises, especially in developing countries. The United Nations warns of a growing imbalance in the global water balance with catastrophic consequences. Currently, two billion people live in countries without a secure supply of drinking water.

    By 2050, the number is expected to grow to more than five billion people without adequate access to drinking water. Some 107 nations are likely to miss the development target of sustainable water management by 2030. However, according to the Secretary-General of the World Meteorological Organization (WMO), Petterie Tallas, society is far from prepared for this looming crisis. In addition to the underfunding of actions against climate change, there is a particular lack of systems for water management. Especially in the agricultural sector, which is blamed for consuming 70% of freshwater withdrawals, technologies are outdated, and waste is thus not under control.

    Business is booming

    Since 2003, when the first branch was established in Israel, Water Ways Technologies has been developing intelligent and complex irrigation and control systems for agricultural producers. The focus is on developing solutions for commercial applications in the micro and precision irrigation segments. Currently headquartered in Canada with offshoots in Israel and China, the Company serves more than 400 customers in 40 countries.

    Business is booming. After Water Ways Technologies reported record figures for the first half of the year and doubled its sales to EUR 8.5 million, the Canadians are receiving orders from all over the world. In addition to the largest single order in the Company's history, worth EUR 2.86 million from Uzbekistan, for installing a fully automatic drip irrigation system for a 1,200-hectare cotton field and four associated water treatment plants, orders came in from Ethiopia, Canada, Mexico and China. Due to the precarious situation surrounding the issue of water, the director at Water Ways Technologies, Ronnie Jaegermann, expects global demand for innovative irrigation technology to continue to grow strongly in the coming years.

    Expansion into other markets, such as the USA, is planned for the future. The share is extremely exciting in the long term, also against the background that around 57% of the share capital is in firm hands.

    Automated into the future

    Shortages and bottlenecks as far as you can see. According to a study by the International Energy Agency, it has been pointed out that too few electrolyzers could pose a problem in the expansion of hydrogen production. Nel ASA, a specialist in the hydrogen sector, could benefit from this dilemma, as the Norwegians are currently building a fully automated production facility for electrolyzers at the Heroya site in Norway.

    Nel ASA's management team has a vision that a kilogram of green hydrogen should cost USD 1.5. To achieve this, Nel ASA wants to expand the electrolyzer capacity of its plants in Norway. Currently, the capacity is 40 MW per year, thanks to the Notodden plant. But when the major project in Heroya is completed, the combined annual capacity will be 500 MW. In addition, there should be enough room at Heroya to expand Nel ASA's electrolyzer capacity in Norway to 2 GW per year. According to management, the production of Nikola and Everfuel's orders is expected to begin as early as the fourth quarter of this year.

    After a brilliant rebound from EUR 1.20 to EUR 1.95, the striking resistance at the EUR 2 mark now awaits. Should this mark fall, there would be potential for a further 20%.


    Climate change also means that fresh water is becoming increasingly scarce. Around 5 billion of the world's population are expected to lack access to an adequate water supply by 2050. Water Ways Technologies holds the key with an intelligent control system and is well prepared for the future. Nel ASA has further potential after the recent share price increases.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

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    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author



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