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: 2.00
Bid: 1.80
Ask: 2.20
Change: 0.00 (0.00%)
Spread: 0.40 (22.222%)
Open: 2.00
High: 2.05
Low: 2.00
Prev. Close: 2.00
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 Power Systems In Austria Project For Fuel Cell In Duty Vehicle

Tue, 02nd Sep 2014 09:25

LONDON (Alliance News) - Proton Power Systems PLC Tuesday said it will participate with other partners in a project involving the integration of a HyRange 25 fuel-cell system into a three-tonne passenger transport vehicle manufactured by a major automotive original equipment manufacturer.

In a statement, Proton Power said it is partnering with an Austria-based university, a research institute, and an international automotive component supplier on the 30-month project. The project value for Proton Power is expected to be EUR130,000, according to the statement.

The vehicle is currently a pure battery-powered version. The integration of a hydrogen fuel cell system should allow an increase of the vehicle's range of operation to 300 kilometres, according to the company, while the total cost of the vehicle is expected to be reduced by 25% against the pure battery version.

The project is being funded by the Austrian government to demonstrate the possibility of equipping light duty vehicles with a hybrid battery/fuel cell system for emission-free operation with more mileage and less cost, Proton Power said.

According to Proton Power, HyRange 25 is capable of providing enough electric energy on board of an electric-powered heavier duty vehicle for full day-to-day operation. The company also said the heat from the system can be used to support the heating system in the vehicle, which increases overall efficiency. It said the battery on board can be downsized to allow for an increased payload or number of passengers and cost reduction.

"Proton Power has considerable know-how in mobile fuel cell applications. The smaller HyRange 8 System with 8kW of net power has been in operation for two years in a 7.5 tonne light-duty vehicle with customers in the logistic market in Germany. The vehicle runs a full time service without interruption with extremely pleasing results," the company said in a statement.

"With the HyRange 8 and HyRange 25 systems, Proton Power can offer a complete portfolio of products for the duty vehicle market. The integration support from Proton Power allows a fast and efficient integration process," the company added.

Proton Power shares were Tuesday quoted up 1.1% at 7.70 pence.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.

More News
27 Jan 2020 18:21

DIRECTOR DEALINGS: Proton Says Associate Of CEO Nahab Sold Shares

DIRECTOR DEALINGS: Proton Says Associate Of CEO Nahab Sold Shares

Read more
22 Jan 2020 14:09

Proton Motor Power Shares Surge On EU Sustainability Project Order

Proton Motor Power Shares Surge On EU Sustainability Project Order

Read more
17 Jan 2020 11:38

DIRECTOR DEALINGS: Proton Says Associate Of CEO Nahab Sold Shares

DIRECTOR DEALINGS: Proton Says Associate Of CEO Nahab Sold Shares

Read more
10 Jan 2020 11:53

DIRECTOR DEALINGS: Proton Motor Says Associate Of CEO Nahab Sold Shares

DIRECTOR DEALINGS: Proton Motor Says Associate Of CEO Nahab Sold Shares

Read more
2 Jan 2020 11:45

Proton Motor Power Says Controlling Shareholder Sells 65,000 Shares

Proton Motor Power Says Controlling Shareholder Sells 65,000 Shares

Read more
2 Dec 2019 15:46

Proton Power gets pilot order from shipbuilder Fincantieri

(Sharecast News) - Fuel cell and electric-hybrid systems developer and producer Proton Power Systems has agreed with shipbuilding giant Fincantieri to provide a 38 kW fourth generation fuel cell, it announced on Monday.

Read more
2 Dec 2019 14:41

Proton Power Systems Secures Fuel Cell Order From Italy's Fincantieri

Proton Power Systems Secures Fuel Cell Order From Italy's Fincantieri

Read more
27 Nov 2019 14:57

Proton Power Systems To Supply APEX With 10 Fuel Cell Containers

Proton Power Systems To Supply APEX With 10 Fuel Cell Containers

Read more
14 Oct 2019 11:02

Proton Power inaugurates new fuel cell stack assembly plant

(Sharecast News) - Fuel cell and electric hybrid system developer Proton Power Systems reported the successful inauguration of its new fuel cell stack assembly plant on Monday.

Read more
30 Sep 2019 11:53

Proton Power Systems sales shrink in first half

(Sharecast News) - Fuel cells and electric hybrid systems developer and producer Proton Power Systems reported lower sales in its first half on Monday, at £0.27m, which was down from £0.51m year-on-year, which included delivery in the first half of 2018 of an additional order from Deutsche Bahnbau, in line with the cooperation agreement signed in 2015.

Read more
30 Sep 2019 11:06

Proton Power Systems Makes Progress In First Half But Loss Widens

Proton Power Systems Makes Progress In First Half But Loss Widens

Read more
27 Aug 2019 10:45

Proton Power Systems launches electronic vehicle charging joint-venture

(Sharecast News) - Proton Power Systems on Tuesday entered into a joint-venture agreement with Schäfer Elektronik, with the two new partners aiming to build an integrated plug and play power unit.

Read more
11 Jul 2019 13:24

Proton Power Gets EUR1.3 Million Financing For ebe Europa Order

(Alliance News) - Proton Power Systems PLC on Thursday said it has obtained EUR1.3 million of financing for its ebe Europa GmbH order of 15 hydrogen powered fuel cells.Shares in Proton were

Read more
28 May 2019 11:34

Proton Power Installs Manufacturing Robot To Ramp Up Production

LONDON (Alliance News) - Proton Power Systems PLC on Tuesday said it is installing a stack manufacturing robot to increase production capacity to 5,000 fuel cell units per year.Proton Power

Read more
28 May 2019 10:09

Proton Power prepares for anticipated demand with stack manufacturing robot

(Sharecast News) - Fuel cell and electric hybrid systems developer Proton Power Systems announced on Tuesday that, following the recent conclusion of cooperation and partnership agreements and "clear signs" that industry demand for hydrogen fuel cells was rapidly increasing, it was now installing a stack manufacturing robot.

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.