TECO 2030 signs MoU with thyssenkrupp Automation Engineering for delivery of Fuel Cell production equipment in Narvik
(Hamburg, Germany, September 8th 2022) TECO 2030 (OSE: TECO) and thyssenkrupp Automation Engineering GmbH have signed a Memorandum of Understanding (MoU) to supply the total PEM fuel cell production line to TECO 2030’s Innovation Center in Narvik, Norway.
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.
TECO 2030: Tore Enger, Group CEO of TECO 2030, +47 920 83 800, email@example.com
thyssenkrupp Automation Engineering: Michael Menneking, CEO of thyssenkrupp Automation Engineering GmbH, +49 421 6888 0, firstname.lastname@example.org
Tore EngerCEOTel:+47 920 83 email@example.com
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
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Latest releases from TECO 2030 ASA
TECO 2030 wins award at the ZeroEmission@Berth innovation competition30.9.2022 10:02:39 CEST | Press release
(Lysaker, Norway, September 30th 2022): TECO 2030 (OSE: TECO, OTCQX: TECFF) has been awarded as the winner of an innovation competition in the category of “Innovation Concepts” with the TECO 2030 Power Barge concept. The innovation competition ZeroEmission@Berth is hosted by The Maritime Cluster Northern Germany.
TECO 2030 launches new product concept TECO 2030 Power Barge16.9.2022 10:45:00 CEST | Press release
(Lysaker, Norway, September 16th 2022): TECO 2030 has launched a new product concept for its containerized fuel cells, the TECO 2030 Power Barge.
TECO 2030 signerer MoU med thyssenkrupp Automation Engineering for levering av produksjonsutstyr for brenselceller i Narvik8.9.2022 07:30:00 CEST | Pressemelding
(Hamburg, Tyskland, 8. september 2022) TECO 2030 (OSE: TECO) og thyssenkrupp Automation Engineering GmbH har signert et Memorandum of Understanding (MoU) for å levere hele PEM brenselcelleproduksjonslinjen til TECO 2030s Innovasjonssenter i Narvik, Norge.
TECO2030 receives BWTS order15.8.2022 07:30:00 CEST | Press release
(Lysaker, Norway, August 15th, 2022): TECO 2030 ASA (OTCQX: TECFF, OSE: TECO) has received an order for 1 TECO 2030 Ballast Water Treatment System (BWTS) powered by BIO-SEA from CMI Ship Management, for the ship M/V Ocean Diamond, worth approximately NOK 910 000.
The market for HyTruck concept8.8.2022 14:36:09 CEST | Press release
(Lysaker, Norway, August 8th 2022) TECO 2030 (OSE: TECO) elaborates on the HyTruck concept and market size, there are currently roughly 6.2 million trucks in circulation throughout the European Union, each with an average lifetime of 13 years. The HyTruck fuel cell system can easily be retrofitted to existing trucks, and enable zero emission hydrogen operations.
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