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Fuel Cell Manufacturer Blue World Technologies Closes Financing Round With Maersk Growth And Eifo

Fuel Cell Manufacturer Blue World Technologies Closes Financing Round With Maersk Growth And Eifo
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Damen Yachting Teams Up With Blue World Technologies

Breakthrough Energy Ventures Backs Blue World Technologies By Joining Its €37 Million Series-B

Methanol fuel cell developer Blue World closes €6M investment round, leases production building

Methanol fuel cell developer Blue World closes €6M investment round, leases production building Methanol fuel cell developer and manufacturer Blue World Technologies (earlier post) has closed an investment round with an investment of more than €6 million. The company has also signed a leasing agreement on a new production building at the Port of Aalborg. Blue World Technologies’ methanol fuel cells are combined with batteries in hybrid configurations. The complete system includes methanol reformer for fuel conversion, DC/DC for power conversion and fuel cell stack for power production. The fuel cell control unit governs the fuel cell system as well as communicates with the vehicle. The methanol fuel cell system is based on High-Temperature PEM technology and methanol to hydrogen reforming.

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