Blue World Technologies receives €15m investment to develop a manufacturing plant for 500MW hydrogen fuel cells

The Danish Growth Fund Vaekstfonden and Deutz AG have invested €15m ($16.91m) into Blue World Technologies that aims to progress the hydrogen economy by developing a manufacturing plant capable of producing 500MW fuel cells.

With each company investing €7.5m ($8.45m) in the company, it showcases both companies’ commitment to transitioning to low-carbon solutions whilst also exploring opportunities to implement innovative hydrogen fuel cells into their own operations.

Read more: Karma Automotive, Blue World Technologies to test fuel cell propulsion system for future vehicles
Read more:
Deutz hydrogen engine ready for market

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