TECO 2030 has signed a strategic cooperation agreement with Netherlands-based Thecla Bodewes Shipyards which will see the partners develop zero emission hydrogen-based fuel cell propulsion on all types of river going vessels.
The agreement will provide a platform for potential joint projects to develop efficient and safe hydrogen fuel cell river vessels, such as push tugs, dredgers, passenger and cargo ships and low-profile coasters. Projects will include manufacturing, installation, testing and common marketing.
‘The partnership with Thecla Bodewes enables TECO 2030 to commercialise the TECO 2030 Marine Fuel Cell on newbuilds for inland waterway transport,’ said Tore Enger, CEO of TECO 2030 ASA. ‘This is just the beginning of TECO 2030 becoming a major provider of marine fuel cell systems.’
Thecla Bodewes, CEO and owner of Thecla Bodewes Shipyards, added: ‘The strategic cooperation with TECO 2030 will enable us to build world-class zero emission vessels, realising the sustainability goals of our shipyards.’
Teco 2030 is involved in several zero-emission projects, including the Future Funnel marine emissions reduction system and stationary fuel cell concept, both currently under development with long-term partner AVL in Austria.
In October 2020, the company announced plans to list on the Merkur Market in an initial public offering (IPO) worth between NOK 80-100 million.