TECO 2030 to set up giga factory for production of hydrogen-based fuel cells in Narvik, Norway

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    TECO 2030 to set up giga factory for production of hydrogen-based fuel cells in Narvik, Norway

    (Narvik, Norway, March 10th, 2021): TECO 2030 ASA (OSE-Ticker: TECO) plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Fuel cells enable ships and other heavy-duty applications to switch from fossil fuels such as heavy oil and diesel to climate-friendly hydrogen, and thereby reduce greenhouse gas emissions from the shipping industry.

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