TECO 2030, a Norwegian hydrogen fuel cell firm, has announced plans to expand to the US after facing regulatory delays in its home market. The company aims to raise capital to establish a high-capacity fuel cell manufacturing site in the US to meet the growing demand in sectors such as transport, data centers, and heavy industry. TECO 2030 is in discussions with Hamilton Clark Sustainable Capital to launch its US subsidiary, TECO 2030 Inc., and is exploring collaborations with a government-funded Regional Clean Hydrogen Hub and several US universities to strengthen its research and development capabilities. The CEO, Tore Enger, highlighted the favorable ecosystem in the US for scaling hydrogen solutions, citing robust investor interest and government support. In response to the uncertain stage of its 1.2GW fuel cell factory project in Norway, TECO 2030 has shifted its focus to international markets like the US, India, and Southeast Asia. By adopting a licensing model for international success, the company aims to capitalize on opportunities outside Norway. The move signifies a strategic shift for TECO 2030 to overcome the challenges posed by the lack of clear incentives and government support in its home country. The company's decision to explore new markets and partnerships demonstrates its commitment to advancing hydrogen technology and driving its adoption on a global scale.