TECO 2030 has announced a strategic shift in its operations, moving from manufacturing fuel cells in Norway to becoming a global technology provider through licensing agreements. By offering its fuel cell technology internationally, the company aims to accelerate the adoption of its innovative solutions in heavy-duty applications. While stack production may continue in Norway, the focus will now be on core technology development to unlock new growth opportunities on a global scale. Initiatives like the Bipartisan Infrastructure Law and the Inflation Reduction Act in the U.S. are creating conducive conditions for hydrogen development, with substantial funds allocated for hydrogen hubs and climate initiatives. TECO 2030's American entity, TECO2030 INC, is poised to capitalize on these opportunities and establish a strong presence in the growing U.S. hydrogen market. The company is also eyeing the Indian market for government-backed projects focusing on emissions reduction and renewable energy expansion. By shifting towards a licensing model, TECO 2030 can tap into high-potential international markets where demand is stronger, ensuring sustainable growth and reinforcing its position at the forefront of hydrogen fuel cell innovation. TECO 2030's collaboration with AVL List GmbH, a prominent powertrain developer, has resulted in cutting-edge PEM fuel cell technology designed to meet the demands of heavy-duty industries. The company's FCM400 system and fuel cell stack, along with the Fuel Cell Backup solution, offer efficient and zero-emission backup power for critical infrastructure. With a vast amount of man-hours dedicated to fuel cell technology advancement, TECO 2030 is well-equipped to meet the global demand for clean energy solutions. Through its strategic expansion into different markets such as data centers, mining, and heavy-duty trucking, including joint ventures in India and operations in the U.S., TECO 2030 aims to leverage favorable market conditions and public funding to drive growth and make a significant impact in the clean energy sector.