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Norwegian fuel cell maker TECO 2030 files for bankruptcy

"The board of directors has decided to file for bankruptcy. The board decision is unanimous and is due to the fact that there is no longer a realistic opportunity to raise sufficient capital to continue operations", was written in an official note.

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Hydrogen

Hydrogen ICE trucks, the German government funds R&D project

The HyCET research project will have an investment volume of 19.5 million euros, of which 11.3 million euros will be funded by the Federal Ministry for Digital and Transport (BMDV). Over the course of the HyCET project, the BMDV also provided an additional 5.7 million euros in funding for constructi...
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