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TECO2030 has reached a series of significant milestones and great progress through Q1 2023:
* During January, TECO 2030 completed the selection of all major component suppliers and procured necessary parts for the first fuel cell modules (FCM400) marking that the FCM400 development is close to completion and the first units are ready for assembly.
* During February, the HyEkoTank project which has been awarded a
* In February, TECO 2030 and
* During March, TECO 2030 signed an MOU with an undisclosed party for cooperation on several fuel cell projects which in total could represent 50MW of fuel cell output. The projects represent marine fuel cells- and on-shore stationary fuel cell systems in megawatt scale. The MOU outlines a 3-year cooperation commitment to successfully execute the project objectives.
* In March, TECO 2030 fulfilled all prerequisites connected with the
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
Pål Christian Johnsen , CFO, +47 412 76 747, pcj@teco2030.noTore Enger , CEO ofTECO 2030 ASA , +4792083800, tore.enger@teco2030.no
About TECO 2030 ASA
TECO 2030 is a Norwegian based clean tech company developing zero-emission technology for the maritime and heavy industry. We are developing PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules, that enable ships and other heavy-duty applications to become emissions-free. The company is listed on Euronext Growth on
Attachments
- Download announcement as PDF.pdf
- TECO 2030 Q1 Report 2023.pdf
© NTB Norway, source