Norway’s TECO 2030 has signed an agreement for cooperation on “several” fuel cell projects which could see up to 50MW of hydrogen fuel cells supplied.
Signed with an undisclosed party, the Memorandum of Understanding (MoU) covers numerous projects representing marine fuel cells and onshore stationary fuel cell systems at a megawatt scale.
Outlining a three-year cooperation commitment to successfully execute the project, the MoU comes less than a week after TECO 2030 revealed it would receive an NOK 50m ($4.8m) grant from Innovation Norway to support the deployment of its PEM fuel cell technology.
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