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Share Price: 2.40

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IN BRIEF: Proton Motor Power touts 240KW order for power plant

Fri, 02nd Jun 2023 08:19

Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Receives an order from the University of Stuttgart for a containerised fuel cell power plant with a power output of up to 240 kilowatts.

The plant will be integrated into a large industrial hydrogen research proving ground. It should be delivered in 2024, and is expected to generate power and supply electricity to the grid from the second quarter of that year.

Current stock price: 10.38 pence, up 6.5% on Friday morning in London

12-month change: down 17%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

10 Aug 2020 11:03

IN BRIEF: Proton Motor Power Gets New Order From Shell New Energies

10 Jul 2020 14:20

IN BRIEF: Proton Motor Power Systems Converts GBP400,000 Loan Interest

10 Jul 2020 09:00

Proton Motor Power major shareholder converts interest into shares

(Sharecast News) - Fuel cell and electric hybrid systems developer Proton Motor Power Systems announced on Friday that SFN Cleantech Investment has requested the conversion of part of the interest matured on loans provided, into 20,000,000 shares in Proton.

8 Jul 2020 15:07

IN BRIEF: Proton Power Investor Converts Part Of Loan To Stock

23 Jun 2020 15:36

Proton Motor Power increases and extends loan facilities

(Sharecast News) - Fuel cell and electric hybrid system company Proton Motor Power Systems has agreed to increase its existing loan facilities with SFN Cleantech Investment and Falih Nahab by €3.6m (£3.26m) each.

4 Jun 2020 15:28