In Aalborg, Denmark, three executives with extensive experience from the fuel cell industry have formed Blue World Technologies, a company currently closing up the first investment round. The purpose is to develop and manufacture methanol fuel cell system for the mobility business.
The trio highlight that methanol fuel cells have zero harmful emissions and use a simple liquid and renewable fuel. The focus on methanol is logical – clean, cheap and simple to store and distribute. When made from renewable sources, it has a very low well-to-wheel (WtW) carbon footprint and can enable a global trade of renewable energy across borders and continents using existing infrastructure.
With superior energy, density methanol can ensure a range in vehicles beyond 1 000 km and a refueling times below three minutes without compromise
Blue World will focus on retiring the combustion engine by supplying a sustainable alternative, said Mads Friis Jensen, CCO at Blue World Technologies.
Full commercialisation
According to the company, with advanced manufacturing, and significant technology innovations, the technology will be more economical than combustion engines in the purchase, operation, and maintenance. By introducing fourth-generation technology, the already proven technological concept will be taken to a fully commercial level.
Blue World products are centered around the High-temperature PEM-technology combined with integrated methanol-reforming. The combination ensures a simple system design with high conversion efficiency and compliance with automotive design requirements.
The end solution is a vehicle with all benefits; long-range, fast refueling, zero harmful emissions, and low fuel cost.
Strong leadership
Although newly founded the starting point for the company is well advanced and combined with a sharp focus and strategy the goal is to bring products to the market within a few years.
It is clear that combustion and fossil fuels are out, but we need to put something feasible in its place, said Anders Korsgaard, CEO at Blue World Technologies.
The headquarters of Blue World Technologies is in Aalborg, Denmark which is a stronghold of highly qualified engineering within the technological area and competent industrial workforce for specialized component manufacturing.
Furthermore, Blue World Technologies is planning to set up development and manufacturing activities in key markets to optimize the supply chain and ensure proximity to the customers.
