Proton Motor Power Systems PLC New order from University of Stuttgart (4122B)
02 Junho 2023 - 3:00AM
UK Regulatory
TIDMPPS
RNS Number : 4122B
Proton Motor Power Systems PLC
02 June 2023
2 June 2023
Proton Motor Power Systems plc
("Proton Motor" or the "Company")
New order from University of Stuttgart
Proton Motor Power Systems plc (AIM: PPS), the designer and
producer of hydrogen fuel cells and hydrogen fuel cell electric
hybrid systems, is pleased to announce that it has received an
order from the University of Stuttgart for a containerised fuel
cell power plant with a power output of up to 240 kW.
The "HyShelter(R)" plant will be integrated into a large
industrial hydrogen research proving ground and is expected to
generate power and supply electricity to the grid from the second
quarter of 2024.
This project fits well the Company's market approach to offer
turn-key solutions to its customers. Proton's vision is to support
customers providing climate neutral solutions for electricity and
heating production. In this respect, Proton's portfolio addresses
applications such as uninterruptible emergency power supply, peak
shaving and off-grid charging infrastructure.
Proton Motor anticipates that the plant will be delivered to the
customer in 2024 and revenues recognised in that year.
For further information:
Proton Motor Power Systems
Plc
Dr Faiz Nahab, CEO
Helmut Gierse, Chairman
Roman Kotlarzewski, CFO +49 (0) 173 189 0923
Antonio Bossi, Non-Executive
Director
Investor relations: www.protonpowersystems.com
investor-relations@proton-motor.de
Allenby Capital Limited
Nominated Adviser & Broker +44 (0) 20 3328 5656
James Reeve / Vivek Bhardwaj
About Proton Motor Fuel Cell GmbH
Proton Motor has 25 years of experience in Power Solutions using
CleanTech technologies such as hydrogen fuel cells, fuel cell and
hybrid systems with a zero carbon footprint . Based in Puchheim
near Munich, Proton Motor develops and produces standard Products
as well as customised solutions. The focus of Proton Motor is on
stationary solutions, as well as mobile, marine and rail
applications. The product portfolio consists of base-fuel cell
systems, standard complete, as well as customised systems.
Proton Motor Fuel Cell GmbH is a wholly owned subsidiary of
Proton Motor Power Systems plc. The Company has been quoted on the
AIM market of the London Stock Exchange since October 2006 (code:
PPS).
About University of Stuttgart
The University of Stuttgart develops sustainable energy
solutions for industrial applications, mainly for process industry,
and aims to bring them quickly to market.
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June 02, 2023 02:00 ET (06:00 GMT)
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