TECO 2030 ASA
TECO 2030 ASA

TECO 2030 ASA is an innovative engineering and equipment development company with focus on a greener and cleaner environment. Our core objective is to identify and develop high quality, cutting edge and cost-effective solutions to significantly reduce ecological impact of maritime pollution.

TECO 2030 is striving in a fast-paced environment to help clients operate within the maritime rules and regulations at present, and to meet new standards in the future. We are aiming to become a leading provider for Green Maritime Technology, through developing and delivering solutions for a cleaner global environment.

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Key milestone for one of the world´s most powerful hydrogen fuel cells, TECO 2030 on schedule for first customer deployment H1 202424.11.2023 07:00:00 CET | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway and Graz, Austria, November 24th 2023): TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) has successfully injected its fuel cell system with hydrogen and created emission free hydrogen-electric power. The 400kW module represents the most compact and energy dense system available for marine vessels and other heavy-duty equipment.

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TECO 2030 and Yokogawa Sign Partnership and Investment Agreement1.11.2023 07:00:01 CET | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, and Tokyo, Japan – November 1, 2023): TECO 2030 ASA ("TECO 2030", OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) and Yokogawa Electric Corporation ("Yokogawa Electric", TOKYO: 6841) announce that they have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under this agreement, Yokogawa Electric has invested in TECO 2030 by way of acquiring treasury shares, and the two companies will collaborate on optimizing hydrogen fuel cell technology and exploring business opportunities for distributed power sources in the maritime transportation and other industrial sectors.

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TECO 2030 progresses on the fuel cell technology development25.10.2023 10:59:07 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, October 25th, 2023): TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) is pleased to show the progress that has happened through the 3-years of development of its heavy-duty and marine 400kW fuel cell module, the FCM400. The FCM400 is the world’s most compact and efficient inherently safe marine fuel cell system. The FCM400 possesses built-in gas safety features, making it an ideal choice for seamless integration on board a ship to enable zero-emission energy generation.

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TECO 2030 launches the world’s most compact and efficient inherently safe marine fuel cell system13.10.2023 07:00:00 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, October 13th, 2023): TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) is pleased to elaborate on the world’s most power dense marine and heavy-duty fuel cell module, the FCM400. The FCM400 has already an Approval in Principle from DNV and currently undergoes type approval process for maritime and heavy-duty applications. FCM400 is inherently gas-safe to accommodate easy integration onboard a ship for zero emission energy generation.

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TECO 2030 and Pherousa Green Shipping sign supply agreement to realize ammonia powered zero-emission deep-sea shipping14.9.2023 07:00:03 CEST | TECO 2030 ASA | Additional regulated information required to be disclosed under the laws of a member state

(Lysaker, Norway, September 14th, 2023): TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) and Pherousa Green Shipping AS (PGS) sign green package supply agreement for up to six modern, zero-emission Ultramax dry bulk carriers of about 63.000 deadweight tons each. Each vessel will be equipped with 12 megawatts (MW) of TECO 2030 fuel cells for main propulsion onboard.

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TECO 2030 has started the countdown!5.9.2023 10:34:24 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, September 5th, 2023): TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) has started the countdown for the first TECO 2030 FCM400 being in operation at AVL’s facility in Graz, Austria! The first state-of-the-art 400kW fuel cell system for marine and heavy-duty applications is currently being built and will be deployed for validation and testing purposes very soon at AVL’s facility in Graz, Austria.

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TECO 2030 and partners to receive EUR 13.5 million Horizon Europe grant for passenger ferry project24.7.2023 07:00:03 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, July 24th 2023): TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) with partners have been invited for HORIZON EUROPE funding of EUR 13.5 million to build and demonstrate a passenger ferry powered by TECO 2030 fuel cells. The grant amount reserved for TECO 2030 is EUR 2.3 million. The principal goal of the project is to accelerate the transition towards safe use of sustainable fuels in waterborne transport through full-scale demonstration of hydrogen fuel cells within maritime applications.

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TECO 2030 and Skeleton Technologies enter a strategic partnership to boost zero-emission technologies7.6.2023 07:00:01 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, June 7th 2023) TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) and Skeleton Technologies have entered into a strategic partnership to accelerate the use of renewable hydrogen in the maritime sector and demonstrate zero-emissions voyage and port operations. Skeleton Technologies is a global technology leader in high power, fast charging energy storage for transportation, grid, automotive and industrial applications.

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TECO 2030 Expands its Partnership with Chart Industries Inc3.5.2023 07:00:00 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, May 3rd 2023 – TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) and Chart Industries, Inc. (NYSE: GTLS, “Chart”) have expanded their existing cooperation agreement on Chart’s Cryogenic Carbon Capture™ process technology (“CCC”), to include Chart’s offer of liquid cryogenic fuel storage and supply systems, as well as Howden’s hydrogen solutions.

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TECO 2030 ASA is an innovative engineering and equipment development company with focus on a greener and cleaner environment. Our core objective is to identify and develop high quality, cutting edge and cost-effective solutions to significantly reduce ecological impact of maritime pollution.

TECO 2030 is striving in a fast-paced environment to help clients operate within the maritime rules and regulations at present, and to meet new standards in the future. We are aiming to become a leading provider for Green Maritime Technology, through developing and delivering solutions for a cleaner global environment.