TECO 2030 plans fuel cell factory in Norway

Norwegian engineering company TECO 2030 is aiming to establish Norway’s first large-scale production of fuel cells, optimised to be the heart of hydrogen-powered ships and other heavy-duty installations.

“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 1,200 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 Norway and a hub for the Norwegian hydrogen industry.” said Tore Enger, CEO of TECO 2030.

“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,” said. Enger.

TECO 2030’s fuel cell development is done in collaboration with Austrian engineering company AVL, the world’s largest independent company for development of powertrain systems. 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 says it 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 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 Verbund, the large Dutch inland shipping company Chemgas, and the seventh-generation innovative Dutch shipyard Thecla Bodewes. TECO 2030 will continue forging such partnership as a platform for the energy transition in the marine industry.

“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 industrialisation of maritime fuel cells is an area of particular importance for Norway. This is a call to action we’re now responding to,” said Enger.

TECO 2030 primarily wants to establish the facility in Eastern Norway, probably in Viken, Vestfold or Telemark counties. The company is assessing potential locations. An important factor will be proximity to competence clusters within technology and shipping. The giga factory may create 500 jobs within research and development, pilot production and full-scale industrial production.

 

Expected investments are nearly a €100 million over around ten years. Financing alternatives are being evaluated. TECO 2030 has through the Norwegian state enterprise Enova applied for support under the IPCEI Hydrogen program and is optimistic regarding a positive response.

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