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Syntholene Energy (OTCQB: SYNTF) selected Danish vendor Dynelectro as electrolyzer supplier for its planned synthetic fuel demonstration facility in Iceland on February 10, 2026. The selection follows a two-year technical and commercial evaluation and aims to validate low-cost, scalable hydrogen production for eSAF.
Dynelectro describes its SOEC electrolyzer as highly efficient and modular, claiming up to 90% conversion of renewable electrical energy into hydrogen when integrated with Syntholene's hybrid thermal system. The vendor choice is presented as a technical milestone toward multi-megawatt commercial deployment.
Syntholene Energy Corp (OTCQB: SYNTF) nominated Jens Thordarson, former COO of Icelandair, to its Advisory Board on February 5, 2026. Thordarson brings 17 years at Icelandair, expertise in operations, infrastructure development, and fleet management, and current CEO role at GeoSalmo.
The company said his Icelandic network and regulatory insight will support commercialization of Syntholene's sustainable synthetic fuels for Icelandic and European transportation and logistics markets.
Syntholene Energy (TSXV: ESAF; OTCQB: SYNTF) announced on January 30, 2026 that its common shares commenced trading on the OTCQB Venture Market under the symbol SYNTF. The co-listing is intended to broaden U.S. investor access and increase visibility in the aviation fuel and energy infrastructure capital markets.
The company said the OTCQB quotation aligns its capital markets strategy with U.S. demand growth and project financing for sustainable aviation and synthetic fuels, and noted accelerating U.S. policy support including tax credits and programs tied to the Inflation Reduction Act.
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