Blue World Technologies, developer and manufacturer of methanol fuel cells, is acquiring Danish Power Systems, a 25-year-old HT-PEM material research company.

The methanol fuel cell developer and manufacturer, Blue World Technologies, has closed an investment round with an investment of more than 6 mEUR and is handed over the keys for a new production site 1 January 2021.

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.

Back in September, we had EY visiting us, informing us that we were nominated for EY Entrepreneur of The Year in the Start-up category for Denmark’s north region. Now we have been happily informed that we have become one of the three finalists.

Mads Friis Jensen, CCO, and Co-founder of Blue World Technologies is speaking at the Riviera Maritime Hydrogen & Fuel Cells online conference which is taking place from 7 to 8 December 2020.

Blue World Technologies’ CEO and Co-owner, Anders Korsgaard, is appointed green role model in the Global Entrepreneurship Week (GEW) Denmark. Anders will participate in the opening of the week among many other great Danish entrepreneurs.

A few months ago, Blue World Technologies received a nomination for the award Best Climate Impacts Startup in the Nordic Startup Awards 2020 and have now proceeded as one of the top five finalists from Denmark.

Blue World Technologies’ CCO and Co-founder Mads Friis Jensen will once again speak at an event, and this time it is the online event, Supplier Day: Automotive Industry Baden-Württemberg on 5 November 2020.

Mads will be talking about the benefits methanol for fuel cells has on our planet, especially with Blue World Technologies methanol fuel cell technology. The technology can be adapted in multiple industries with minor changes and Mads will elaborate on how methanol for fuel cells is a sustainable, scalable, and storable energy carrier.

This week it is two years ago that Blue World Technologies was founded with an aim to commercialise the methanol fuel cell technology through large-scale production. The company was shaped by strong ambitions and with a goal to retire the combustion engine, the company strives to provide a positive contribution to the global challenges with climate changes and air pollution.