TECO 2030 has been granted NOK 5.4m ($628,365) to support the development of its first semi-automated production line for hydrogen fuel cells in Norway.
Situated in Narvik, Northern Norway, the company previously said it plans to produce fuel cells with a total capacity of 10MW at the site in 2022 and intends to gradually scale up the plant’s output over the following years.
By 2030, the factory will be able to produce 1.2GW of fuel cells every year, which will lead to several billions of NOK in annual turnover.
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