Swedish hydrogen fuel cell provider, PowerCell, has secured a groundbreaking order from an undisclosed European shipyard for its M2Power 250 system, a fully integrated methanol-to-power solution. The order, valued at approximately $14.85 million, signifies a key commercial milestone for this innovative technology. Scheduled for delivery in 2029, the system will convert methanol into clean electricity to support the vessel's internal electrical systems. CEO Richard Berkling expressed enthusiasm for the rapid market acceptance of the M2Power 250, highlighting its role in simplifying integration for shipyards and system integrators. By leveraging reformed methanol to expand hydrogen availability, PowerCell aims to broaden its market reach while enhancing the overall value per installation, aligning with its strategy of 'industrialized innovation.' This approach emphasizes delivering scalable impact through certified, proven solutions in line with the evolving energy transition landscape. PowerCell's recent achievements include securing orders for marine fuel cell systems on commercial cruise ships and collaborating with an Italian marine OEM manufacturer on one of the world's largest orders of marine fuel cell systems. Additionally, the company obtained approval in principle from DNV for its methanol-to-power solution, underscoring the effective combination of a methanol reformer with a fuel cell system. These developments position PowerCell as a key player in advancing clean energy solutions within the maritime sector.