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Real-time Oslo Bors  -  05/20 03:35:28 am EDT
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05/06TECO 2030 ASA – Notice of Annual Meeting of Shareholders
05/06TECO 2030 ASA - Notice of Annual Meeting of Shareholders
05/02TECO 2030 : Annual Report 2021
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TECO 2030 ASA Signs Memorandum of Understanding with Gen2 Energy to Cooperate on Relevant Projects

01/11/2022 | 08:00pm EDT

TECO 2030 ASA and Gen2 Energy signed a Memorandum of Understanding to cooperate on relevant projects where green hydrogen is needed for fuel cells. The parties jointly commit to investigate supply of green hydrogen from Gen2 Energy for relevant projects where customers need hydrogen and power conversion through fuel cells either in ports, offshore fish farms or other heavy-duty customers. Further, Gen2 Energy will involve TECO 2030 Marine Fuel Cells in Gen2 Energy's seaborn value chain, allowing hydrogen to be transported onboard vessels powered by hydrogen fuel cells. The parties intend to work together for soft funding regarding maritime hydrogen applications and develop a complete hydrogen value chain, through the project "Hydrogen Hub Nordland". Together, the parties will work to develop and establish a functional and effective value chain for hydrogen industry in northern Norway and enabling zero emission sailing along the Norwegian coastline. The MoU is intended to support the opposing party with the establishment of their shared vision of an emissions-free ocean and heavy-duty industry space in the Nordic region. Jointly the parties will promote each other's products and services towards the hydrogen community.

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ChangeLast1st jan.
ON SEMICONDUCTOR CORPORATION 0.43% 56.07 Delayed Quote.-17.45%
TECO 2030 ASA 2.94% 4.9 Real-time Quote.-0.31%
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Sales 2022 91,0 M 9,38 M 9,38 M
Net income 2022 -49,0 M -5,05 M -5,05 M
Net cash 2022 336 M 34,6 M 34,6 M
P/E ratio 2022 -19,8x
Yield 2022 -
Capitalization 676 M 69,6 M 69,6 M
EV / Sales 2022 3,73x
EV / Sales 2023 1,78x
Nbr of Employees 23
Free-Float 42,3%
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Number of Analysts 1
Last Close Price 4,76 NOK
Average target price 8,00 NOK
Spread / Average Target 68,1%
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Managers and Directors
Tore Enger Co-Chairman & Chief Executive Officer
Pål Christian Johnsen Chief Financial Officer
Sigurd Gaarder Lange Co-Chairman
Arild Eiken Chief Technology & Project Officer
Birgit Marie Liodden Director