TECO2030 Fuel Cell Update March 2022
Marine fuel cells have come a long way into 2021 with several exciting zero-emission fuel cell projects. The development of the fuel cell is progressing as planned and the first fuel cell modules will be deployed as part of the demonstration project of a zero-emission construction site with Implenia Norway in the summer of 2023. This project was financed by the public company ENOVA. The project group has bi-weekly meetings to align on project execution and in mid-February TECO2030 visited Implenia Norway’s construction site just outside
The project in Narvik for the
The first fuel cells and prototypes will be delivered to customers in the second and third quarters of 2023.
There are many other very promising and interesting projects underway and further details will be released in due course and as required by the scholarship. Ongoing projects are of all sizes and include Green Hydrogen @ Blue Danube which is currently awaiting a response on its IPCEI application. There is no doubt that renewable energy will play a key role in the decarbonization of heavy and marine applications in the years to come and TECO2030 is positioning itself as a key player in the field of hydrogen.
There are also things going on in Narvik. The start of the development of the production plant in Narvik began at the beginning
TECO2030 is proud to showcase greater efficiency at the Innovation Center with increased production capacity, and the company now aims to achieve 1.6 GW of annual PEM fuel cell production at the Narvik facility by 2030. increased production capacity is in line with market demands and the company’s recently released strategy.
“We are currently in a good position to supply PEM fuel cells to marine and heavy industry, and customer interest is high. Currently I would estimate that we are involved in 65 fuel cell projects of all sizes and appropriate stock market notices will be given when they are ready for launch,” said
This information is subject to the disclosure requirements in accordance with Section 5-12 of the Norwegian Securities Act.
Ripped EngerCEO, +47 920 83 800, [email protected]
About TECO 2030 ASA
TECO2030 accelerates the green transition in the maritime sector by providing technology that helps ships reduce their environmental and climate impacts. TECO2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emission-free. The company is also developing other solutions that can help the marine industry reduce emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO2030 was founded in 2019 and is headquartered in Lysaker,
- Download the announcement in PDF format.pdf
- TECO 2030 ASA Company Update March 2022.pdf
© NTB Norway, source