- Norway-based Teco 2030, a subsidiary of Teco Holdings, listed on the Merkur Market Norway.
- Blue Danube hydrogen project aims to ship hydrogen produced in Romania.
According to Ship & Bunker News Team, a marine tech firm from Norway signs the deal of Tug Fuel Cell.
TECO to join AVL & Chegmas
Engineering company Teco 2030 has joined forces with AVL List and Chemgas Shipping to develop fuel cell Technology for tugboats operating on inland waterways.
Hydrogen Shipping
The move falls within the Blue Danube hydrogen project which aims to ship hydrogen produced in Romania from wind power by river barge to Austria and Germany.
“The production goal is 80,000 metric tonnes a year.”
Agreement Signed
The letter of intent signed by the three companies is for Chemgas-owned push tugs to be powered by TECO 2030 fuel cells developed in partnership with AVL.
Norway-based Teco 2030, which is a subsidiary of TECO Holdings, is to list on the Merkur Market Norway.
The company says – “It is a newly established innovation engineering and equipment development company with a focus on a greener and cleaner environment.”
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: Ship & Bunker
