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September 26,2024

Norway's TECO 2030 Shifts Focus to Global Licensing Model

TECO 2030 plans to pivot from in-house Hydrogen fuel cell production to a licensing model due to declining support in Norway. This shift aims to focus on advancing core technology while addressing regulatory delays, particularly regarding fossil-fuel cruise ships. The company seeks to capitalize on global opportunities, especially in the US and India, to ensure sustainable growth and reinforce.

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