TECO 2030 signs MoU with thyssenkrupp Automation Engineering for delivery of Fuel Cell production equipment in Narvik
![TECO 2030 Innovation Center in Narvik, Norway. Credit: TECO 2030](/data/images/00295/369ca711-7036-45e0-b05d-b47074adc379-w_720.png)
TECO 2030 is well under way with the planning of the production line equipment in Narvik and is pleased to have signed a MoU with an industry leading supplier thyssenkrupp Automation Engineering.
The MoU is the collaboration platform for the delivery and installation of the fuel cell production line in TECO 2030’s Innovation Center in Narvik. All the equipment will be delivered from thyssenkrupp Automation Engineering and is intended to complete the first full production line including stack assembly, module assembly and test equipment. This first production line will be the first of several production lines at the TECO 2030 Innovation Center in Narvik and will contribute to creating many new jobs in the northern Norway region.
“I believe this MoU with thyssenkrupp Automation Engineering represents the beginning of a long-term and strong partnership. We are looking forward to moving on with the fuel cell production project in Narvik and are excited to team up with renowned supplier like thyssenkrupp Automation Engineering,” says Tore Enger, Group CEO, TECO 2030.
“We are really looking forward to work with TECO 2030 in realizing zero emission shipping and heavy industry, and their goal of establishing a complete PEM fuel cell production line in Narvik,” Michael Menneking, CEO of thyssenkrupp Automation Engineering.
Contacts
TECO 2030: Tore Enger, Group CEO of TECO 2030, +47 920 83 800, communications@teco2030.no
thyssenkrupp Automation Engineering: Michael Menneking, CEO of thyssenkrupp Automation Engineering GmbH, +49 421 6888 0, automation.engineering@thyssenkrupp.com
Tore EngerCEO
Tel:+47 920 83 800tore.enger@teco2030.noImages
![TECO 2030 Innovation Center in Narvik, Norway. Credit: TECO 2030](/data/images/00295/369ca711-7036-45e0-b05d-b47074adc379-w_240.png)
![Picture text: Example of thyssenkrupp Automation Engineering fuel cell stack End of Line test station. Credit: thyssenkrupp](/data/images/00219/74552f68-92cb-459c-ba42-9398de34b42e-w_240.png)
![Picture text: From left: TECO 2030 EVP Operations Tor-Erik Hoftun, Chairman Sigurd Lange, thyssenkrupp Automation Engineering CEO Michael Menneking, Head of Business Line Powertrain Stefan Brandt and Head of Fuel Cell Thomas Kuschel. Credit: TECO 2030](/data/images/00353/5676f796-99a0-4f76-b43e-ed8618c4fbc1-w_240.png)
About TECO 2030 ASA
About TECO 2030:
TECO 2030 accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO 2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO 2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under the ticker TECO. TECO 2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no
About thyssenkrupp Automation Engineering:
thyssenkrupp Automation Engineering is an internationally operating business unit of the Multi Tracks segment of thyssenkrupp AG. The company bundles all activities in the field of powertrain, fuel cell and battery assembly including test with a major focus on the transformation towards electro mobility. More than 1.400 employees work in ten countries worldwide. For more information, please visit www.thyssenkrupp-automation-engineering.com
Subscribe to releases from TECO 2030 ASA
Subscribe to all the latest releases from TECO 2030 ASA by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from TECO 2030 ASA
TECO 2030, BLOM Maritime and Samskip receive ENOVA grant to retrofit Samskip LNG Vessel with fuel cells and hydrogen fuel14.6.2024 07:00:00 CEST | Press release
(Lysaker, Norway, June 14th 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) together with BLOM Maritime and Samskip receive a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel.
TECO 2030’s Fuel Cell is Running at 100% Power Capacity in Test Bed29.5.2024 12:25:00 CEST | Press release
(Norway and Austria, May 29th, 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) has today successfully reached stable and maximum power output of zero emission hydrogen-electric power with its disruptive fuel cell system.
TECO 2030 raises NOK 43 million and partners up with Advait Infratech Limited (Advait) in India16.4.2024 08:45:00 CEST | Press release
(Norway and India, April 16th 2024) TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) and Advait Infratech Limited (BOM: 543230) invests and partners up for fuel cell expansion in India and SAARC countries. Simultaneously, Advait injects approx. NOK 43 million (USD 4 million) through a private placement in TECO 2030 ASA at a price of NOK 2.00 per share.
TECO 2030 Receives AIP for Containerized Fuel Cell Power Generator8.4.2024 07:00:00 CEST | Press release
(Lysaker, Norway, April 8th 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) has, in connection to the HyEkoTank project, received an Approval in Principe (AIP) from the Norwegian classification society DNV for a containerized fuel cell power generator (FCPG) for use onboard oceangoing applications.
TECO 2030 Receives AIP from DNV for Onboard Compressed Hydrogen Fuel Systems19.3.2024 07:00:00 CET | Press release
(Lysaker, Norway, March 19th 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) is proud to announce that it has received an additional Approval in Principle (AiP) from DNV regarding compressed hydrogen fuel systems. This milestone achievement marks a significant step forward in the development of sustainable propulsion solutions for the maritime industry.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom