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MarketScreener Homepage  >  Equities  >  Merkur Market  >  TECO 2030    TECO   NO0010887516

TECO 2030

(TECO)
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TECO 2030 : partner in breakthrough hydrogen project

11/17/2020 | 12:18pm EST

Lysaker, Norway, 17 November 2020: TECO 2030 ASA (OSE: TECO-ME) today announced that it is named by Verbund, Austria's leading electricity company, as technology partner in the ambitious renewable project Green Hydrogen@Blue Danube.

Please read Verbund’s press release here: https://www.verbund.com/en-at/about-verbund/news-press/press-releases/2020/11/17/greenhydrogenbluedanube

The plan is to produce green hydrogen from renewable electricity in south-eastern Europe. The hydrogen will then be transported via the River Danube to hydrogen users in Austria and Germany by push tugs to be driven by TECO 2030 fuel cells.

“TECO 2030 is extremely pleased to be partnering with Verbund, one of the strongest forces within European renewable energy, and we look forward to further cooperation on the ambitious Green Hydrogen@Blue Danube project,” said Tore Enger, CEO of TECO 2030.

Disclaimer

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • Tore Enger, CEO, +4792083800, tore.enger@teco.no

About TECO 2030 ASA

TECO 2030 (OSE: TECO-ME) aims to tackle one of the biggest environmental challenges of our time: How to combine growing global shipping volumes with reduced emissions. We believe the shipping industry can move to zero emissions by implementing new technologies, with hydrogen-based fuel cells as the ultimate solution. TECO 2030 – powering the maritime industry's transition to renewable energy.

Attachments

  • Download announcement as PDF.pdf
  • 17112020 Press Release Verbund_TECO 2030 English.pdf

© NTB Norway, source NTB English Regulatory Releases

Stocks mentioned in the article
ChangeLast1st jan.
TECO 2030 -6.21% 68 Real-time Quote.1.49%
VERBUND 1.58% 80.25 Delayed Quote.14.89%
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