TECO 2030 Achieves Milestone with Hydrogen-Electric Power Fuel Cell System

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On May 29, 2024, TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) announced the successful attainment of stable and maximum power output from its innovative zero-emission hydrogen-electric power fuel cell system. This significant achievement positions TECO 2030’s fuel cell as the most powerful marine fuel cell system worldwide, specifically designed for heavy-duty industrial applications.

Development and Testing
Since November 2023, the fuel cell system has been connected to AVL’s testbed facility in Graz, Austria, where it has undergone minor modifications and adjustments to reach its maximum power output. Leveraging 30 years of maritime experience and AVL’s two decades of research and development in hydrogen and fuel cell technologies, TECO 2030 has crafted a unique and powerful solution for the marine industry.

Features and Capabilities
TECO 2030’s fuel cell technology boasts a modular system with an installed power capacity of 400 kW. Key features include:
– Exceptional energy efficiency
– Inherent safety concept
– Optimal weight and size dimensions
– Advanced component design
– Extended lifespan
– Rapid dynamic load response

A Significant Achievement
Tore Enger, Group CEO of TECO 2030, highlighted this milestone as the most significant in the company’s history. The fully functional fuel cell is almost ready for market deployment, offering zero-emission hydrogen-electric power for various client applications. Enger praised the entire TECO 2030 and AVL teams for their dedication and success, noting that the system’s performance has exceeded expectations, affirming TECO 2030’s leadership in heavy-duty fuel cell applications.

“This is a moment we have all been waiting for since we started our development four years ago,” Enger stated. “A huge achievement by the entire team at TECO 2030 and AVL. We are overwhelmed by how well the system operates and how the design has surpassed our expected performances, proving our position as a leading provider of heavy-duty fuel cell applications.”

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Source: TECO 2030