TECO 2030 ASA
25.11.2021 07:01:35 CET | ACCESS Newswire | Press release
The Port of Narvik in northern Norway needs a new workboat which should be both fast and emissions-free. Together with eight project partners, they are now seeking public funding to build one of the world's first hydrogen-powered, high-speed vessels.
LYSAKER, NORWAY / ACCESSWIRE / November 25, 2021 / The boat will be equipped with hydrogen fuel cells from TECO 2030 and will be built by the shipyard Grovfjord Mekaniske Verksted (GMV), which is located near Narvik.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.When completed, the boat will replace one of the port's diesel vessels. As a result, the Port of Narvik will be able to reduce both its diesel consumption and its CO2 emissions significantly.
"A new hydrogen-powered workboat will put the Port of Narvik in a unique position, where we will reduce our own emissions and use pioneering technology that will become important for both national and international shipping in the years to come," says Børge Edvardsen Klingan, Port Director at the Port of Narvik.
"This project will contribute to economic growth and development in Narvik and its surrounding regions and will also be an important contribution to the green transition in the maritime industry. We are very happy that we are able to take the lead in reducing emissions from ships," Klingan says.
The boat is planned to be completed in 2023. The Port of Narvik will mainly use it for keeping an overview of the port and the activities there, for emergency preparedness, and for teaching and training of crews.
The Port of Narvik aims to get the boat classified as a long-range, high-speed passenger vessel, and the plan is that it should be able to keep a pace of 23 knots.
The vessel's fuel cells will be produced in Narvik
The fuel cells that will ensure the boat's propulsion will be produced at the TECO 2030 Innovation Center in Narvik and will enable it to operate emissions-free. The boat will be one of the first vessels that will get fuel cells from TECO 2030 installed.
"We are thrilled that the Port of Narvik plans to build a hydrogen high-speed boat which will be powered by fuel cells from TECO 2030. We are looking forward to working on this project, and we are happy and grateful that the Port of Narvik has chosen TECO 2030 as supplier of fuel cells to their new hydrogen vessel," says Tore Enger, CEO of TECO 2030 ASA.
"Now we only need to get support for this project by the Norwegian state enterprise Enova. Everything else has already been prepared, and we are ready to get to work. Hydrogen will be key to reducing greenhouse gas emissions from the maritime industry, but the development of hydrogen technology for ships and other hydrogen infrastructure requires large resources," says Enger.
"We hope that the Norwegian government will stand by their promise to promote the development of climate and environmentally friendly shipping, and that we will therefore receive support from Enova for this project," he adds.
UiT in Narvik is a research partner in the project
TECO 2030 has signed an agreement with UiT The Arctic University of Norway - which has a campus in Narvik - to cooperate on enhancing research and education in Norway on hydrogen and fuel cells.
UiT Narvik will therefore participate in the project as a research partner, with the aim of gaining expertise in maritime hydrogen systems. This will ensure that they can provide education that will enable their students to become valuable potential, future employees of the partners in the project.
The maritime engineering company BLOM Maritime, the hydrogen supplier Everfuel, the consultancies Proactima and KUPA, and the company Norinnova Narvik, which specialises in commercialising research results, are also partners in the project.
BLOM Maritime and Proactima will contribute to the development of the boat. BLOM Maritime will provide technical assistance to Grovfjord Mekaniske Verksted during the building of the boat, and Proactima will be responsible for risk assessments and analyses to ensure that it will be safe to use.
Knowledge dissemination will be an important part of the project, and KUPA will focus on disseminating the knowledge about hydrogen boats that will be developed during the boat's building and testing phase. KUPA is leading a maritime technology cluster in Norway and will pass on lessons learned in the project to its members.
Hydrogen filling station for ships and road transport
The hydrogen boat will become Narvik's first hydrogen consumer and will need to be refuelled on a regular basis. The project therefore also involves the establishment of a hydrogen filling station.
Everfuel will seek to develop this filling station. The company is currently working to establish hydrogen filling stations for trucks, buses and other heavy-duty transport all across Norway.
Other users of the port will also be able to use the planned filling station in Narvik. About 500 trucks drive through the city every day, and the filling station will therefore not solely be intended to cater for sea traffic.
The goal is that it will become the world's first hydrogen filling station that can serve both ships and road traffic, and that its establishment will make it possible for more companies and people in the region to switch to climate-friendly hydrogen.
Everfuel will now, together with UiT and Norinnova Narvik, work to find possible new hydrogen users within the municipality and county municipality, such as buses, waste collection vehicles and taxis.
Hydrogen fuel cells: The engines of tomorrow
TECO 2030 is developing hydrogen fuel cells together with the Austrian powertrain technology company AVL. Hydrogen fuel cells are the engines of tomorrow and convert hydrogen into electricity while emitting nothing but water vapour and warm air.
By installing fuel cells, ships and other heavy-duty applications that are powered by diesel engines or generators can switch from fossil fuels to hydrogen and reduce their greenhouse gas emissions to zero.
Hydrogen fuel cells can also be used during port-stay, loading and discharging, enabling zero-emission operation at berth, without having to connect the ship to an onshore power supply.
Green transition in the maritime industry
Norway aims to reduce emissions from domestic shipping by at least 50% by 2030, compared with 1990. This target should be reached through a stronger focus on the development of low- and zero-emission solutions, and by setting emission requirements for ships operating on Norwegian fjords.
Norway plans to introduce requirements for low- and zero-emission solutions in public tenders to speed up the green transition in the maritime industry. Such requirements will be introduced in 2023 in new public tenders for ferry connections, and in 2025 for high-speed vessels.
Moreover, from 2026 only zero-emission cruise ships and ferries will be allowed entry into the Norwegian world heritage fjords.
Ships operating in Norwegian waters will therefore have to reduce their emissions and become more climate-friendly, and TECO 2030 will help them with that.
TECO 2030 is delivering technology that helps ships to reduce their environmental and climate impacts. In addition to hydrogen fuel cells, the company is developing carbon capture and exhaust gas cleaning systems for the maritime industry, which will enable ships running on fossil fuels to reduce their environmental and climate footprints.
For more information, please contact:
Port of Narvik: Børge Edvardsen Klingan, Port Director, Port of Narvik. +47 916 39 906, bek@narvikhavn.no
TECO 2030: Tore Enger, CEO of TECO 2030 ASA. +47 920 83 800, tore.enger@teco2030.no
SOURCE: TECO 2030 ASA
View source version on accesswire.com:
https://www.accesswire.com/674611/TECO-2030-is-Leading-a-Project-Group-That-Will-Build-A-Hydrogen-Powered-High-Speed-Vessel-For-The-Port-of-Narvik
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
U.S. Polo Assn. Takes No. 1 Spot for All Sports Brands and Climbs to No. 22 Overall on License Global's 2026 'Top Global Licensors' Ranking13.8.2026 13:00:00 CEST | Press release
WEST PALM BEACH, FL / ACCESS Newswire / August 13, 2026 / U.S. Polo Assn.®, the official sports brand of the United States Polo Association (USPA), was named the highest-ranking sports brand on License Global's annual Top Global Licensor list for the second consecutive year, surpassing the NFL Players Association, PGA Tour, and Formula 1. Marking another milestone, U.S. Polo Assn. climbs to No. 22 overall on the global licensor list spanning the entertainment, fashion, lifestyle, and sports industries. This achievement reflects the continued expansion of the multi-billion-dollar brand globally as it delivered a record year on all fronts with $2.7B in retail sales in 2025. U.S. Polo Assn.®, the official sports brand of the United States Polo Association (USPA), ranked the No. 1 Sports Licensor on License Global's annual Top Global Licensor list. This achievement reflects the continued expansion of the multi-billion-dollar sport brand globally as it delivered a record year on all fronts
Fermi Announces Second Quarter 2026 Results and Delivers on All Five 90-Day Objectives13.8.2026 13:00:00 CEST | Press release
Company Signed Its First Anchor Customer, Named a CEO, Added a Strategic Alliance and Premier Contractors, Received Three F-Series Turbines and Raised More Than $431 Million of Shareholder-Friendly Capital DALLAS, TX / ACCESS Newswire / August 13, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced full execution of the 90-day plan provided in May. The Company established significant momentum and took a major step toward delivering its large-scale, reliable private power grid for AI and advanced computing. The Company also reported second quarter 2026 financial results. A conference call is scheduled for 9 a.m. Eastern Time / 2 p.m. British Time today, August 13, 2026. Accompanying slides and prepared remarks can be found at https://investor.fermiamerica.com. Participation details are included in this release. Delivering on Commitments "Roughly 90 days ago, we put ourselves on the clock with a clear set of aggressive object
Fermi Names Lee McIntire as Chief Executive Officer12.8.2026 22:01:00 CEST | Press release
Engineering executive with more than 40 years of experience building and operating complex global industrial and governmental projects at Bechtel, CH2M Hill, and TerraPower DALLAS, TX / ACCESS Newswire / August 12, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today named Lee McIntire Chief Executive Officer, effective Tuesday, August 11, 2026. McIntire has served as an independent director on Fermi's Board since September 2025. "Fermi's next chapter is a construction and power delivery story, and we believe Lee is the ideal executive to lead Fermi through that process," said Marius Haas, Chairman of the Board of Fermi Inc. "The job now is to build on schedule, on budget, and safely. Lee has spent 40 years delivering exactly this kind of large, complex project. He also knows Fermi from the inside, having served on our board through our latest period of growth, and he brings a reputation for integrity that Fermi's customers, employees
Model ML Secures Investment From HSBC Asset Management to Scale Its Agentic Operating System for Financial Services12.8.2026 18:05:00 CEST | Press release
The investment reflects growing demand for specialist AI platforms designed specifically for financial services. LONDON, UK / ACCESS Newswire / August 12, 2026 / Model ML has announced an investment from HSBC Asset Management, made through its flagship Venture Capital (VC) strategy. The funding will support Model ML's growth as the focus of enterprise AI shifts from individual models to the systems required to implement them. Model ML's platform is purpose-built for financial services. The company works with many of the world's leading banks, asset managers and advisory firms, helping to automate complex workflows across research, due diligence, financial analysis and client-ready document creation, while maintaining governance, accuracy and consistency. Its model-agnostic approach routes each task to the AI model best suited to the job, enabling firms to benefit from advances across the AI ecosystem without changing the way teams work. The company has grown rapidly since launching les
GoodData.AI Cuts BI Migration From 18 Months to Weeks for DACH Enterprises, Opening the Fastest Route to Production AI12.8.2026 16:20:00 CEST | Press release
With around 80 percent of migration functions automated, enterprises skip the multi-year consulting engagement that has kept them on aging BI platforms. SAN FRANCISCO, CA / ACCESS Newswire / August 12, 2026 / GoodData.AI today announced its AI-driven BI migration offering for enterprises across Germany, Austria, and Switzerland, delivered with German-language support and a regional team. Migration agents are able to move organizations off Tableau, Power BI, Qlik, Looker, MicroStrategy, and any other BI platform in days to weeks instead of the 12 to 18 months that a manual rebuild takes. Up to 80 percent of the migration work is automated, which cuts the cost along with the timeline, and GoodData engineers review every change before the customer approves it. It follows GoodData.AI's expansion in the region earlier this year and its work with DATEV, one of Germany's most recognized enterprise software companies. "Every migration conversation in Germany starts with the same question: will
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
