TECO 2030 ASA, a Norwegian-based clean tech company, has announced an Extraordinary General Meeting (EGM) scheduled for June 25th, 2024, in Lysaker, Norway. The meeting aims to address the development plans for Europe's first Giga production facility of hydrogen PEM fuel cell stacks and modules located in Narvik, Norway. The company is strategically focusing on expanding its production capacity throughout 2024 and 2025 to achieve a target output of up to 200 MW of fuel cells by 2025, with further plans to ramp up to a gigawatt production capacity by 2030. TECO 2030 specializes in zero-emission technology for the maritime and heavy industry, with a core focus on developing PEM hydrogen fuel cell stacks and modules to facilitate emissions-free operations for ships and heavy-duty applications. The company, listed on Euronext Growth on the Oslo Stock Exchange and in New York OTC markets, is a spinoff from TECO Maritime Group, leveraging its expertise in providing technology and services to the global shipping industry since 1994. Shareholders are encouraged to participate in the EGM, emphasizing the pivotal role of sustainable technology development in achieving environmental goals within the industry. For more information, shareholders can access the announcement and register for the meeting through the Company's website.