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PowerCell Sweden AB ( (SE:PCELL) ) has shared an update.
PowerCell Sweden AB has achieved a significant milestone with its Marine System 225 receiving Type Approval from Lloyd’s Register, a prestigious classification society. This certification validates the system’s compliance with stringent safety, design, and performance standards, enhancing its marketability in the maritime industry. The Marine System 225 is designed to provide 225 kW of clean, vibration-free power and supports shipowners in meeting decarbonization goals and EU regulations. The approval is expected to facilitate commercial projects and pilot integrations in various marine vessels, signaling the readiness of hydrogen fuel cell systems for maritime deployment.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK35.00 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 global leader in hydrogen electric solutions, specializing in unique fuel cell stacks and systems. With decades of experience, the company focuses on accelerating the transition to a sustainable, emission-free world, targeting industries such as aviation, marine, off-road, on-road, and stationary power generation. Headquartered in Gothenburg, Sweden, PowerCell is listed on Nasdaq Stockholm and operates with a global sales network.
YTD Price Performance: -33.11%
Average Trading Volume: 151,235
Current Market Cap: SEK1.37B
See more data about PCELL stock on TipRanks’ Stock Analysis page.