Press release

Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO

Blue World Technologies is on a voyage towards supporting net-zero shipping and with Maersk’s venture arm and EIFO participating in a financing round, the company has taken yet another step towards providing multi-megawatt fuel cell solutions. Aalborg, Denmark, 5 December 2023 – Today Blue World Technologies announced that Maersk Growth, the venture arm of A.P. […]

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Fuel cell manufacturer Blue World Technologies in collaboration with AGCO Power on electric Fendt tractor to run on methanol

Blue World Technologies and AGCO Power have developed a range extender concept and prototype for an electric Fendt e100 Vario tractor based on Blue World’s HT PEM fuel cell platform enabling long operation time using liquid methanol as fuel. Aalborg, Denmark, 7 November 2023 – In collaboration, AGCO Power, a global leader in sustainable powertrain

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Torben Madsen enters the role of Chief Strategy Officer and Head of Product Office

Blue World Technologies has, with a strengthened focus on industrialisation and commercialisation, appointed Torben Madsen as Chief Strategy Officer and Head of Product Office. Aalborg, Denmark, 30 June 2023 – The development of Blue World Technologies is progressing rapidly, and after years with a strong focal point on technology development and the build-up of the

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Blue World Technologies gets new Chief Technology Officer with extensive industry experience

With a strong background, Dennis Naldal Jensen enters the position of Chief Technology Officer at Blue World Technologies. Dennis will take over from Co-founder Mads Bang, who will return to Aalborg University in the position of Innovation Director. In the role of CTO, Dennis will, as part of the company’s corporate management, lead the technology

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Damen Yachting teams up with Blue World Technologies

Damen Yachting and Blue World Technologies have signed a high-level strategic collaboration in the field of energy technology. This collaboration, which was made official at the end of April 2023, reflects Damen Yachting’s commitment to the research and implementation of more sustainable and future fuel technologies. Located in Aalborg in Denmark, Blue World Technologies is

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Blue World Technologies launches next-generation methanol fuel cell system for stationary power generation

Every year several hundreds of thousands of smaller fossil-based power generators are installed around the world leaving a hazardous footprint. With the launch of the CellPack™ Stationary, Blue World Technologies brings a green alternative to the global market. Aalborg, Denmark, 3 February 2023 – Following the start of series production of fuel cells in December

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Fuel cell manufacturer Blue World Technologies sets sail for the maritime market

The shipping industry accounts for around three per cent of global greenhouse gas emissions annually. With the development of a fuel cell-based APU system running on methanol, Blue World Technologies wants to accelerate the green transition of the maritime market. Aalborg, 8 December 2022 – The Danish fuel cell manufacturer Blue World Technologies extends its

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Breakthrough Energy Ventures backs Blue World Technologies by joining its €37 million series-B

With high-efficient methanol fuel cells, Blue World Technologies paves the way for making renewable e-fuels competitive. AALBORG, 30 August 2022, 14:00 CET – Today Blue World Technologies announced that the Bill Gates-founded Breakthrough Energy Ventures (BEV) enters as an investor in Blue World Technologies alongside Vaekstfonden (The Sovereign Investment Fund of Denmark), DEUTZ AG, and

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Commercial collaboration between Tuco Marine and Blue World Technologies

Blue World Technologies and Tuco Marine have entered a partnership to develop methanol fuel cell-powered workboats. To secure long range, no harmful emissions, and a net-zero operation, Blue World and Tuco have agreed on developing and demonstrating a flexible methanol fuel cell solution for electric workboats. The Blue World methanol fuel cell technology provides a

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Paving the way for efficient use of PtX fuels

Loan financing from the Danish Green Investment Fund will contribute to Blue World Technologies’ transition from pre-series production to actual series production this year. With large-scale production, the company looks forward to contributing to the global green transition. Many major steps need to be taken to meet global climate goals, and this requires upscaling on

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Blue World inhouse production of fuel cell components

Vaekstfonden and DEUTZ AG invest EUR 15 million in Blue World Technologies

With a total investment of EUR 15 million, Vaekstfonden, the Danish Growth Fund and the German engine manufacturer DEUTZ AG will enter as investors in Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. In October, it was announced that Vaekstfonden and DEUTZ AG

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Blue World Technologies fuel cell stack

Blue World Technologies enters strategic alliance with DEUTZ AG

The partnership, which is centred around a sale and service agreement with DEUTZ, will strengthen Blue World Technologies’ market access through DEUTZ’ large worldwide sales and service network. As a technology leader in the development and production of methanol fuel cell components, stacks, reformers, and systems Blue World Technologies has since the company was founded

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Lykke Friis_Blue World Technologies' Board member

Former Danish Minister of Energy enters Blue World Technologies’ Board of Directors

Lykke Friis enters Blue World Technologies’ Board of Directors Blue World Technologies is strengthening its Board of Directors by welcoming former Danish Minister of Energy, Lykke Friis, to the table. At an extraordinary general assembly, the former Danish Minister of Climate, Energy, and Gender Equality, Lykke Friis, has been elected for the Blue World Technologies’

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Blue World Technologies is part of project submission for the IPCEI programme

The Danish Ministry of Industry, Business and Financial Affairs has announced that the Green CCU Hub Aalborg project – in which Blue World Technologies plays an important part as fuel cell technology partner – has been pre-qualified and will proceed to the next phase in the IPCEI programme. The IPCEI programme – Important Project of

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Founders of Blue World Technologies

Blue World Technologies’ green journey gets support from the Danish Green Investment Fund

Blue World Technologies has received loan financing from the Danish Green Investment Fund that administrates green investments from the Danish Government. With the cutting-edge methanol fuel cell technology and the support from the Danish Government, this capital will help push forward the green transition of the transportation industry. The ambition has been set: according to

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Green transportation

Blue World Technologies and Clayton Power join forces

The two companies are working together to develop a small-scale mobile methanol fuel cell solution for stationary and auxiliary power. The target is to develop a solution in the 5 to 15-kilowatt power range. Blue World Technologies and Clayton Power are committed to the development of next-generation methanol fuel cell solution to deliver safe, reliable,

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Alfa Laval and Blue World Technologies collaboration

Blue World Technologies partners up with Alfa Laval on a carbon-neutral methanol fuel cell system for shipping

An innovative fuel cell system based on high-temperature proton exchange membrane (HTPEM) technology from Blue World Technologies is being constructed for testing at the Alfa Laval Test & Training Centre in Aalborg, Denmark. The test installation, which will use methanol as fuel, will explore the technology’s potential as a source of marine auxiliary power. Funded

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Christian Peter Schou Jakobsen Chief Financial Officer

Blue World Technologies recruits Chief Financial Officer from within own ranks

Driving the financial strategy, Christian Peter Schou Jakobsen has been appointed Chief Financial Officer of Blue World Technologies supporting the development of the company in achieving its strategic growth ambitions. On 1 April 2021, Christian Peter Schou Jakobsen entered the position as Chief Financial Officer at Blue World Technologies. Christian joined the Blue World team

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Danish Power Systems Hans Aage Hjuler and Blue World Technologies

Blue World Technologies presents Chief Scientific Officer with a unique background

Following Blue World Technologies’ acquisition of Danish Power Systems, the former CEO and Co-founder, Hans Aage Hjuler, continues as Chief Scientific Officer at Blue World Technologies. With his extensive knowledge and experience, Blue World Technologies is strengthening its position as one of the world’s leading companies within HT-PEM fuel cell technology. As Co-founder of Danish

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Blue Aalborg Factory

Blue World Technologies upgrades production facilities to match growing demand

The methanol fuel cell developer and manufacturer has taken over an 8,500 m2 production building on the Port of Aalborg, which has the capacity to commercialise Blue World Technologies’ methanol fuel cell technology. Ever since Blue World Technologies saw the light of day in 2018, the aim has been to commercialise the methanol fuel cell

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Blue World Technologies and Karma Automotive to collaborate on fuel cell propulsion system

AALBORG, Denmark and IRVINE, California, USA (Feb. 2, 2021) – Blue World Technologies today announced that we have agreed to collaborate with Karma Automotive to explore the viability of a fuel cell system to provide primary propulsion power for a variety of future passenger and light commercial vehicles. Fuel cells enable fast refueling and extremely

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Blue World Technologies fuel cell stack

Danish Authorities have approved Blue World Technologies’ acquisition of Danish Power Systems

Following the press release on 13 January, where Blue World Technologies announced the acquisition of Danish Power System, the final approval from the Danish Business Authorities has now been granted. With the acquisition, Blue World Technologies is welcoming fifteen highly skilled employees, and are thereby, strengthening their team. Going forward, Blue World Technologies will besides

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Fuel cell stack assembling

Blue World Technologies acquires globally recognised manufacturer of fuel cell components to strengthen its market position

Blue World Technologies, developer and manufacturer of methanol fuel cells, is acquiring Danish Power Systems, a 25-year-old HT-PEM material research company. On 29 December 2020, the respective general assemblies at Blue World Technologies and Danish Power Systems approved a combination of the two companies, whereby Danish Power Systems is acquired by and subsequently merged into

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Blue World Technologies fuel cell stack

Blue World Technologies invites smaller investors to join green tech adventure

Blue World Technologies is currently in the subscription phase with investors and has received commitments of more than 3 mEUR from European investors. Several of the investors have a history of investing in fuel cell technology. Smaller investors are also invited to join this unique investment opportunity. As the COVID-19 pandemic began spreading around the

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Heavy-duty

Blue World Technologies addresses emerging market: The future of climate-neutral heavy-duty

Blue World Technologies addresses the heavy-duty market based on market demand and a solid technology match, where the methanol fuel cell technology can contribute to the decarbonisation of a sector where direct electrification alone is not possible. Electrification of road transport is gaining momentum as a solution for long-term decarbonisation of the global transportation sector

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EMPOWER Blue World Technologies

EMPOWER project kicks off – Blue World Technologies is key player

The European project “EMPOWER – European methanol powered fuel cell CHP” kicked off on 4 February 2020, in Espoo, with an EU funding of 1.5 million euro. Blue World Technologies, as a key player, is proud to be part of the EMPOWER project. Together with other EU partners, Blue World Technologies will develop, manufacture and

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Blue World and AIWAYS signs strategic cooperation agreement

Blue World Technologies signs strategic cooperation agreement with Chinese electric vehicle manufacturer AIWAYS

Blue World Technologies has signed a strategic cooperation agreement with the fast-moving new energy vehicle manufacturer AIWAYS, with the purpose of supplying the market with vehicles powered by methanol fuel cells for fast refuelling and long range. During the Chinese International Import Expo 2019 (CIIE 2019), taking place these days – 5-10 November 2019 –

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Groundbreaking

Groundbreaking: Blue World Technologies has taken the first step in realising the world’s largest methanol fuel cell factory

17 September 2019, the ground was broken for the construction of the world’s largest methanol fuel cell factory at the Port of Aalborg. The factory covers 5,285 m2 and will have a yearly production capacity of 750 MW, equivalent to 50,000 fuel cell units. The groundbreaking is an important milestone in realising the vision of

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Blue World Technologies membrane electrode assembly

Blue World Technologies acquires part of world-class fuel cell component manufacturer

To strengthen their market position, Blue World Technologies has acquired 15 per cent of Danish Power Systems, a highly recognised developer and manufacturer of MEA-technology. The MEA (membrane electrode assembly) is one of the core components in the fuel cell stack, and with a focus on high-efficiency Blue World Technologies is going to utilise the

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Blue World and Wuxi Lead sign partnership agreement

Blue World Technologies signs partnership agreement with world-leading supplier of intelligent production equipment

In September the construction of the largest methanol fuel cell factory in Europe will begin at the Port of Aalborg, and today Blue World Technologies has signed a partnership agreement with world-leading supplier of intelligent production equipment, Wuxi Lead Intelligent Equipment Co., Ltd. as key supplier of a fuel cell production setup with a yearly

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Blue World Technologies collaborates with Aalborg University

Blue World Technologies in strategic collaboration with world-class university

From left Steffen Frensch – Development Engineer at Blue World Technologies and former PhD-student at Aalborg University, Department of Energy, Søren Knudsen Kær – Professor at the Department of Energy Technology at Aalborg University At Aalborg University, the Department of Energy Technology has for the past two decades, taken an active part in research and

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Groundbreaking Blue World Technologies

Blue World Technologies presenting plans for large-scale manufacturing facility

Blue World Technologies today presents plans for the world’s largest methanol fuel cell factory located at the Port of Aalborg ready for global export of clean energy technology. Methanol fuel cell components will be produced in high volume enabling electric vehicles to have a 1,000 km range with 3 minutes refuelling time. Blue World technology

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