Norwegian electrolyser maker Nel saw its losses shrink in the first quarter of 2024 — mainly buoyed by NKr96m ($8m) of extra revenue from a renegotiated deal with truck manufacturer Nikola. Nel had originally signed a supply agreement with Nikola in 2018, which included a firm purchase order of 85MW of electrolysers and refuelling equipment for the latter’s Phoenix Hydrogen Hub in Arizona. However,...