17.11.2020 18:17:16 CET |TECO 2030 ASA | Non-regulatory press releases Lysaker,Norway ,17 November 2020 :TECO 2030 ASA (OSE: TECO-ME) today announced that it is named byVerbund ,Austria's leading electricity company, as technology partner in the ambitious renewable project Green Hydrogen@Blue Danube. Please readVerbund's press release here: https://www.verbund.com/en-at/about-verbund/news-press/press-releases/2020/11/17 /greenhydrogenbluedanube The plan is to produce green hydrogen from renewable electricity in south-easternEurope . The hydrogen will then be transported via the River Danube to hydrogen users inAustria andGermany by push tugs to be driven by TECO 2030 fuel cells. "TECO 2030 is extremely pleased to be partnering withVerbund , one of the strongest forces within European renewable energy, and we look forward to further cooperation on the ambitious Green Hydrogen@Blue Danube project," saidTore Enger , CEO of TECO 2030. DISCLAIMER This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. CONTACTS *Tore Enger , CEO, +4792083800, tore.enger@teco.no ABOUTTECO 2030 ASA TECO 2030 (OSE: TECO-ME) aims to tackle one of the biggest environmental challenges of our time: How to combine growing global shipping volumes with reduced emissions. We believe the shipping industry can move to zero emissions by implementing new technologies, with hydrogen-based fuel cells as the ultimate solution. TECO 2030 - powering the maritime industry's transition to renewable energy. [http://www.teco2030.no] ATTACHMENTS * Download announcement as PDF.pdf [https://kommunikasjon.ntb.no/ir-files/17847477/179/204/Download%20announceme nt%20as%20PDF.pdf] * 17112020 Press Release Verbund_TECO 2030 English.pdf [https://kommunikasjon.ntb.no/ir-files/17847477/179/203/17112020%20Press%20Re lease%20Verbund_TECO%202030%20English.pdf]
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