(Lysaker,
"Our ambition is to build an advanced innovation centre combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1,2 gigawatt, per year. This corresponds to several hundred million EUR in annual turnover. This will be the first volume production of fuel cells in
Fuel cells convert hydrogen into electricity with water vapor as the only emission. "We are optimising fuel cells from the bottom up for heavy-duty marine use. We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry," says
Fuel cell development is done in collaboration with Austrian engineering company AVL, the world’s largest independent company for development of powertrain systems. TECO 2030 has established a unique cooperation with one of the world’s most sophisticated R&D clusters; AVL has 20 years of experience and more than 150 patents within the fuel cell industry. AVL will also contribute to the planning and construction of the factory. TECO 2030 will deliver a marine hydrogen solution that is more efficient, compact and durable than fuel cells based on modified automotive stacks. The partnership with AVL has already resulted in bringing to production the TECO Future Funnel, the world’s most complete exhaust gas cleaning system. The plan is to start fuel cell production in 2022.
In addition to AVL, TECO 2030 has already established partnerships with high-quality industrial players such as the main Austrian electricity company
"We're thrilled about the extensive support for our plans from key actors within the shipping and energy industries as well as from universities. We're also excited about the Norwegian government’s clear message that industrialization of maritime fuel cells is an area of particular importance for
Location to be chosen
TECO 2030 primarily wants to establish the facility in
Expected investments are nearly a
Background
TECO 2030 originates from the
TECO 2030 focuses on one of the biggest environmental challenges of our time: How to combine ever-increasing shipping volumes with reduced emissions? The company's vision is emission-free shipping, with hydrogen-based fuel cells in a leading role. The company also provides optimal emission reduction for traditional fuel vessels. The TECO 2030 Marine Fuel Cell System is based on a modular design, enabling system configuration in the multi-megawatt scale. It is compact and suitable for retrofits as well as newbuilds.
TECO 2030 is a partner in the ambitious project Green Hydrogen @ Blue Danube, together with significant players such as
The trend towards reduced maritime emissions is accelerated by upcoming global emission legislations. IMO, the
© NTB Norway, source