The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksProton Mtr Pwr Share News (PPS)

Share Price Information for Proton Mtr Pwr (PPS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.40
Bid: 2.30
Ask: 2.50
Change: 0.00 (0.00%)
Spread: 0.20 (8.696%)
Open: 2.40
High: 2.40
Low: 2.40
Prev. Close: 2.40
PPS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Proton Motor Power inks first order in Spain for fuel cell system

Tue, 25th Jul 2023 10:59

(Alliance News) - Proton Motor Power Systems PLC on Tuesday said that it has received an order from an unnamed supplier of gas related energy and infrastructure in Spain for a standalone fuel cell system.

The London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems said that the system, which is based on a 50 kilowatt container solution, will be deployed at a hotel in Palma de Mallorca as part of the Green Hysland project.

The Green Hysland project aims to turn Mallorca into the first hydrogen hub in southern Europe by producing green hydrogen from solar energy and delivering it for use by the island's tourism, transport, industry and energy sectors.

Proton expects to deliver the system in the first half of next year, with revenues correspondingly recognised in that year.

"This is the company's first order from within Spain and therefore represents a further expansion in its market footprint. It also demonstrates the versatility of the company's offer, with the standalone solution being used across a variety of industries to deliver reliable, secure and clean energy for a range of business-critical systems," said Chief Executive Officer Faiz Nahab.

Proton Motor shares were trading 1.5% lower at 8.62 pence each in London on Tuesday morning.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 May 2019 12:37

Proton Power Obtains Loan Extension And New Order; Posts Loss For 2018

LONDON (Alliance News) - Proton Power Systems PLC on Tuesday announced a loan extension, a EUR630,000 fuel cell package order, and a more than doubled annual loss due to convertible loan company a

Read more
30 Apr 2019 09:33

Proton Power surges on joint agreement

(Sharecast News) - Shares in Proton Power Systems surged more than 30% on Tuesday after the fuel cell specialist announced a joint agreement with Dutch engineer MTSA Technopower.

Read more
4 Apr 2019 14:13

Proton Power gets order for 15 fuel cells for German buses

(Sharecast News) - Fuel cell electric hybrid systems developer Proton Power Systems announced the receipt of a confirmed order from ebe EUROPA of Memmingen, Germany on Thursday, for 15 hydrogen powered fuel cells of 60kW generating capacity each.

Read more
4 Apr 2019 10:53

WINNERS & LOSERS SUMMARY: Saga Plunges On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.---------FTSE 100 - LOSERS----------Direct down

Read more
4 Apr 2019 09:25

Proton Power Systems Receives EUR4.1 Million Order For Fuel Cells

LONDON (Alliance News) - Proton Power Systems PLC said on Thursday it has received a confirmed order worth EUR4.1 million for 15 hydrogen powered fuel cells from German electric buses distributor

Read more
15 Mar 2019 10:50

WINNERS & LOSERS SUMMARY: Wetherspoon Settles, Restaurant Group Soars

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Berkeley up

Read more
15 Mar 2019 10:28

Proton Power Systems to work with Skoda Electric on fuel cell buses

(Sharecast News) - Proton Power Systems has signed a letter of intent with Skoda Electric in the Czech Republic, it announced on Friday, with the objective of entering into a cooperation to develop, sell and service fuel cell electric buses using Proton's modular 'HyRange' systems.

Read more
9 Jan 2019 08:06

Proton Power Systems launches hybrid truck joint-venture

(Sharecast News) - Proton Power Systems on Wednesday signed a joint-venture agreement to establish hybrid heavy-duty truck maker Clean Logistics GmbH.

Read more
15 Oct 2018 11:31

Proton Power sets up joint-venture with German carmaker

(Sharecast News) - Fuel cell outfit Proton Power Systems has agreed to establish a joint venture with electric carmaker e.GO Mobile that will see the London-listed group build a range extender for the German startup's mini-buses.

Read more
26 Sep 2018 13:15

Proton Power Systems Interim Loss Narrows On Reduced Cost Of Sales

LONDON (Alliance News) - Proton Power Systems PLC on Wednesday reported a narrowed interim loss on reduced cost of sales.In the six months ended June, the designer, developer and producer a

Read more
29 May 2018 11:39

Proton Power Boosts Loan Facility As 2017 Loss Narrows On Cost Cuts

LONDON (Alliance News) - Proton Power Systems PLC on Tuesday said it has increased its loan facility to EUR34.5 million after its loss narrowed in 2017 despite a fall in revenue.The a loss

Read more
2 Aug 2016 10:35

Proton Power surges on sales rebound and corporate restructure

(ShareCast News) - Hydrogen fuel cells maker Proton Power has impressed investors with news of strong current trading, plans to restructure the business into three divisions and for a boardroom reshuffle. AIM-quoted Proton, whose shares shot up 91% to their highest in a year, forecast revenue for ca

Read more
2 Aug 2016 09:39

WINNERS & LOSERS SUMMARY: Direct Line Up After Outpacing Expectations

Read more
2 Aug 2016 08:18

Proton Power Shares Soar On Restructuring Plan And Revenue Outlook

Read more
31 May 2016 09:47

WINNERS & LOSERS SUMMARY: Alliance Trust Rises On RIT Approach

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.