PowerCell Sweden AB Secures Major Order for Next-Generation Fuel Cell System

In a significant development for PowerCell Sweden AB, the Goteborg-based industrial company specializing in environmentally friendly power systems has secured a major order worth 44 million SEK. This order marks PowerCell’s first commercial deal for their next-generation marine fuel cell system, MS-500, from a leading Italian OEM in the maritime sector. The announcement, made on June 30, 2025, highlights the growing demand for sustainable energy solutions in the marine industry.

The MS-500 system, valued at 44 million SEK, is a modular setup capable of delivering up to 1 megawatt of power. It is based on PowerCell’s innovative HDS platform, designed to power electrical systems on ships. Of the total order value, 11 million SEK will be recognized as revenue within the current year. Richard Berkling, CEO of PowerCell, emphasized the significance of this order, stating, “This order represents a step forward in increasing power output, reducing costs, and making the technology more accessible for large-scale use.”

This development comes at a time when PowerCell’s stock is navigating through market fluctuations. As of June 26, 2025, the company’s close price stood at 24.94 SEK, with a 52-week high of 49.8 SEK and a low of 21.9 SEK. The recent order could potentially bolster investor confidence and impact the stock’s performance positively.

In related financial news, Norges Bank and the Oil Fund, managed by Norges Bank Investment Management, have both reduced their holdings in PowerCell to below 5%. Norges Bank’s stake decreased to 4.91% as of June 27, 2025, down from 5.00% earlier in the month. Similarly, the Oil Fund’s holding fell to 4.91% from 5.00%. These adjustments reflect a strategic shift in their investment portfolios.

Meanwhile, the broader market has shown positive momentum, with the OMXS30 index rising by 2.3% to 2,506 points. Companies like Sinch and Electrolux have emerged as winners on the green exchange, benefiting from the overall market upswing. This positive trend in the stock market, coupled with the recent order for PowerCell, underscores a growing interest in sustainable technologies and their potential to drive future growth.

As PowerCell continues to expand its footprint in the renewable energy sector, this order from a prominent maritime player not only validates their technological advancements but also sets the stage for further commercial opportunities in the global market.