TECO 2030 ASA

HyEkoTank: Start of new Horizon Europe project Hydrogen PEM fuel cell system retrofit to make marine transport more ECO-friendly

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A 36-month EU funded project aiming to develop technology to retrofit a 2.4 MW fuel cell system and swappable hydrogen storage onto a Bitumen carrier.

Eight project partners from three European countries (Norway, Sweden and Netherlands) got together in Lysaker, Norway, to launch the HyEkoTank project and discuss the procedures that the consortium will follow during its implementation period as well as the work to be carried out the upcoming period. The HyEkoTank is a project funded by the European Union under the Horizon Europe programme with a lifespan of thirty-six months.

About the Project

HyEkoTank consortium has identified the need of optimised hydrogen fuel cell solutions for maritime applications. The consortium was built to merge key knowledge and experience in hydrogen, fuel cells and the maritime industry and propose a solution to cost-effectively retrofit fleets to significantly reduce their GHG emissions.

HyEkoTank project intends to develop and in 2024 install a retrofit solution to transform the existing fleet and accelerate the achievement of climate neutrality of both sea-going and inland waterway waterborne transport. The proposed solution comprises:

1)    A standardised and easy-to-integrate 40ft ISO container including a 2.4 MW fuel cell system, hydrogen fuel gas conditioning, air filtration systems, power converters, battery storage and automation system.

2)    A containerised, 350 bar, compressed hydrogen storage with 4000 kg capacity with type approval to perform hydrogen refuelling by swapping of containers using cranes.

Besides that, the project will support the delivery of other relevant results, namely:

3)    A feasibility assessment and a model to optimise the hydrogen supply chain to ports

4)    Concept designs to standardise the technology to be easy to install in any ship independently on its operations.

At a Glance

Acronym: HyEkoTank  

Title: Hydrogen PEM fuel cell system to retrofit ships in the marine transport industry

Call identifier: HORIZON-CL5-2022-D5-01-04

Topic: Transformation of the existing fleet towards greener operations through retrofitting (ZEWT Partnership)

Total EU Grant: 5.092.999 EUR

Project duration: 36 months

Start Date: 1st February 2023

Project Coordinator: Universitetet i Tromsoe - Norges Arktiske Universitet, Norway (UiT)

Consortium:

  • SHELL International Exploration and Production Bv, Netherlands
  • TECO 2030 AS, Norway
  • Fartygskonstruktioner AB, Sweden
  • Umoe Advanced Composites AS, Norway
  • TECO Solutions AS, Norway
  • BLOM Maritime AS, Norway
  • Tarbit Shipping AB, Sweden

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About TECO 2030 ASA

TECO 2030 ASA
TECO 2030 ASA
Lysaker Torg 45
1366 Lysaker

+47 672 00 300http://www.teco2030.no

TECO 2030 is building up Europe's first Giga production facility of hydrogen PEM fuel cell stacks and modules in Narvik, Norway. The production capacity will be built up through 2023 and early 2024, targeting an output capacity of 120 MW of fuel cells in 2024, 400 MW in 2025 and 1.6 GW in 2030.

TECO 2030 is a Norwegian based clean tech company developing zero-emission technology for the maritime and heavy industry. We are developing PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules, that enable ships and other heavy-duty applications to become emissions-free. The company is listed on Euronext Growth on Oslo Stock Exchange under the ticker TECO and in New York, OTCQX under the ticker TECFF. TECO2030 is a spinoff from TECO Maritime Group, a group that has provided technology and services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.

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Latest releases from TECO 2030 ASA

TECO 2030 kunngjør strategisk skifte til global leverandør av brenselcelleteknologi26.9.2024 07:00:00 CEST | Pressemelding

(Lysaker, Norge, 26. september 2024) – TECO 2030 er begeistret over å kunngjøre et strategisk skifte fra å produsere brenselceller i Norge i dag til å posisjonere seg som en global teknologileverandør. Ved å tilby lisensavtaler til internasjonale partnere er TECO 2030 klar til å akselerere den globale adopsjonen av sin brenselcelleteknologi for tungtransport. Dette skiftet gjør det mulig for selskapet å fokusere på sin kjernekompetanse for å låse opp nye vekstmuligheter internasjonalt. Produksjonen av stacker kan fortsatt finne sted i Norge.

TECO 2030 Announces Strategic Shift to Global Fuel Cell Technology Provider26.9.2024 07:00:00 CEST | Press release

(Lysaker, Norway, September 26th, 2024) – TECO 2030 is excited to announce a strategic shift from manufacturing fuel cells in Norway at present, to positioning itself as a global technology provider. By offering licensing agreements to international partners, TECO 2030 is poised to accelerate the global adoption of its fuel cell technology in heavy-duty applications. This shift allows the company to focus on its core technology to unlock new international growth opportunities. Stack production might still take place in Norway.

Samskip joins TECO 2030’s Horizon Europe project “HyEkoTank”30.8.2024 07:00:00 CEST | Press release

(Lysaker, Norway, August 30th 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) and the HyEkoTank consortium are proud to announce that Samskip has been formally approved by the EU as partner in the HyEkoTank project. The consortium also announces that the vessel to be retrofitted with their zero-emission technology will be Samskip’s MPP vessel Kvitnos. Samskip Kvitnos, built in 2015, is a cargo ship which operates in a fixed route on a weekly multipurpose service from Rotterdam, along the Norwegian west coast, all the way north to Hammerfest.

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