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PowerCell Sweden AB ( (SE:PCELL) ) has issued an announcement.
PowerCell Sweden AB has joined the €7 million EU‑funded MiNaMi project to develop Europe’s first megawatt‑scale Proton Exchange Membrane fuel cell system for maritime use, aiming for ultra‑long lifetimes of up to 80,000 operating hours. PowerCell will receive about €2.6 million through 2028 as part of a consortium spanning the full value chain, targeting modular systems that can scale beyond 10 MW for large vessels and other high‑power applications.
The initiative builds on PowerCell’s recent launch of a new generation of marine fuel cell systems with improved stability, performance and durability, positioning the company to advance to megawatt‑scale, zero‑emission solutions. By deepening understanding of system behaviour and lifecycle optimisation in demanding maritime environments, MiNaMi is expected to strengthen PowerCell’s existing product portfolio and support Europe’s ambition to maintain a leading global role in marine fuel cell technology.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK20.50 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
More about PowerCell Sweden AB
PowerCell Sweden AB is a Gothenburg‑based developer and manufacturer of hydrogen electric solutions, specialising in fuel cell stacks and systems for emission‑free power. The company serves global markets including aviation, marine, off‑road, on‑road and stationary power generation, and is listed on Nasdaq Stockholm.
Average Trading Volume: 288,631
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.21B
See more data about PCELL stock on TipRanks’ Stock Analysis page.