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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 green alternative to the maritime industry and depending on boat type, the flexible fuel cell-powered solution can be used for auxiliary power or propulsion. Due to its flexibility, it is adaptable in terms of space

Former Danish Minister of Energy 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’ Board of Directors where she will support the company’s journey towards providing a strong green alternative to combustion engines and diesel generators for industries around the world. “We are very pleased to announce that Lykke Friis has entered our Board of Directors. We

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 Blue World Technologies, millions of cars will in the future be powered by the renewable fuel, methanol. With cutting-edge technology, the company has built a green alternative for the combustion

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. The methanol fuel cell power unit can be applied to trucks to power appliances such as air conditioning and TV.   Blue World Technologies and Clayton Power are committed to the development of next-generation methanol fuel cell solution to deliver safe, reliable, and low-cost energy to auxiliary power demands. The methanol fuel cell solution combines Blue World

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 in August 2019 as Head of Finance and Business Administration, and he has proven to be an enormous asset for the company. During the past years, Christian has played an important role in securing financing,

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. (Hans Aage Hjuler at the fuel cell lab at the Kvistgaard site) As Co-founder of Danish Power Systems, Hans Aage Hjuler is one of the first scientists to start research and development activities within HT-PEM technology (

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 technology through large-scale production providing a green alternative to combustion engines and generators for industries around the world. Therefore, the company has been on a search for the right production facilities. Several options have been

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

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 Blue World Technologies to strengthen the market position of Blue World Technologies. The transaction follows the acquisition Blue World Technologies made in August 2019, where the company initially

Blue World Technologies closes investment round with great success

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 happy to announce to have closed a successful investment round with both large and smaller investors. Meanwhile, the investment round was ongoing a leasing agreement was signed on a new production building at the Port of Aalborg. At the beginning of 2020, Blue World Technologies was expected to close an investment round, but COVID-19 threw a

Blue World Technologies invites smaller investors to join green tech adventure

Blue World Technologies is currently in the subscription phase with investors and have 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 world at the beginning of the year, Blue World Technologies was in the process of closing an investment round that had been on the way for months. Terms and conditions were agreed on, but the uncertainties following the

Blue World Technologies is starting production

The methanol fuel cell developer and manufacturer, Blue World Technologies, is starting a limited production which is the first step in commercialising their fuel cell technology. It is two years ago that Blue World Technologies was founded in October 2018. In these two years, the company has concentrated on optimising the production processes working towards the goal of commercialising the methanol fuel cell technology through large-scale production. As many other start-ups, Blue World Technologies has met challenges on the way and in September 2019, just a year after the company’

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 is necessary. For passenger and light-duty vehicles direct electrification with batteries is a promising and energy-efficient candidate for reducing CO2 and other harmful emissions. For heavy-duty

Blue World Technologies celebrates a successful first year

A year ago, the methanol fuel cell manufacturer Blue World Technologies saw the light of day – now, one year later, many goals have been accomplished and the company is continuing the path towards supplying a real green alternative to the combustion engine. Before production of the methanol fuel cells has even begun, Blue World Technologies has received committed orders worth a significant double-digit million euro. It was with an ambitious mindset that Blue World Technologies was founded one year ago on 10 October 2018. The aim was to make a difference in the world by being the

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 capacity of 50,000 units. Today, Anders Korsgaard, CEO at Blue World Technologies and Wang Yanqing, Chairman at Wuxi Lead Intelligent Equipment Co., Ltd., signed a strategic partnership agreement as a first step towards realising

Blue World Technologies in strategic collaboration with world-class university

As part of the research and development work on the Blue World Technologies fuel cell technology, the company has entered a strategic collaboration with Aalborg University, a top-ranking University in engineering that is highly recognised worldwide for its work within fuel cell technologies. At Aalborg University, the Department of Energy Technology has for the past two decades, taken an active part in research and development of the fuel cell technology, and both students and researchers come to the department from all over the world. Therefore, the university holds an intensive

Blue World Technologies closes seed round with impressive result

In October last year, Blue World Technologies saw the light of day as a new player in the methanol fuel cell market for the transport sector. Since then, interest has been enormous, and the company has now closed the initial investment round with great success. The goal is a stock exchange listing within five years. Five months ago, they were three, now the team counts 23 people, all of whom are dedicated to ensuring Blue World Technologies a good launch. But the rapidly growing number of employees does not stop here, within a year they expect that there will be 100

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 is newly founded but has ambitious goals from the start by targeting the most potential markets in form of automotive and electric mobility. The challenge is daunting, but also the possibility to really make a difference in the world. Today

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