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TECO 2030 to set up giga factory for production of hydrogen fuel cells in Narvik, Norway

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TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Through the initiative in Narvik, the company contributes to the Norwegian government’s ambition that Norway should build a complete value chain for the utilization of hydrogen as an energy carrier.

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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

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Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. The round was co-led by AP Ventures and Mitsubishi Corporation.

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FREYR Battery announces public offering of 13,500,000 ordinary shares

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Norway-based FREYR Battery plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering. FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering.

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Hydrogenics to provide fuel cell systems for four Scandia fuel-cell trucks in Norway

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Hydrogenics Corporation, a developer and manufacturer of hydrogen generation and hydrogen-based power modules, has been awarded a contract to deliver four HyPM-HD90 fuel cell systems to be integrated into Scania hydrogen trucks owned and operated by ASKO, Norway’s largest grocery wholesaler. Earlier post.)

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Nikola orders enough electrolysis equipment from Nel to produce 40,000 kg of hydrogen per day

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Nikola Corporation, which is making its public-trading debut on the NASDAQ today (NKLA), signed a purchase order with Nel ASA for 85-megawatt alkaline electrolyzers to support five of the world’s first 8-tonne-per-day hydrogen fueling stations. —Trevor Milton, Nikola Corporation’s founder and executive chairman.

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Volvo Car Corporation begins production of the Volvo C30 Electric for leasing customers in Europe

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The Volvo Car Corporation has begun production of the C30 Electric ( earlier post ); initial deliveries to leasing customers, mainly companies, authorities and governmental bodies, will take place immediately after the summer. Volvo says it will build about 250 cars by the end of 2012, possibly more if market interest takes off.

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RøhneSelmer in Norway places early repeat order for 100 more Transit Connect Electric vans

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Azure Dynamics Corporation announced that its Norwegian Ford dealership, RøhneSelmer, has signed an order for an additional 100 Transit Connect Electric vans. RøhneSelmer’s original order in March was for 58 units for various clients, among them Norway Post (Posten Norge AS). —Scott Harrison, Azure’s CEO.