The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just 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: 2.10
Bid: 2.00
Ask: 2.20
Change: 0.175 (9.09%)
Spread: 0.20 (10.00%)
Open: 1.925
High: 2.10
Low: 1.925
Prev. Close: 1.925
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 signs deal with German sales partner

Mon, 06th Aug 2012 09:39

Proton Power's subsidiary, Proton Motor Fuel Cell, has signed a co-operation agreement with Modl to provide interruption-free and energy efficient storage for the stationary power supply market. Both partners will offer complete solutions for Uninterrupted Power Supply (UPS) and grid shaving applications based on Proton Motors' hydrogen fuel cell technology and Modl's product portfolio.The development is particularly relevant in Germany, given the recent shutdown of nuclear power stations and the growing reliance on renewable energy supplies which are intermittent requiring increased storage, the firm said. Modl, Proton Motor's sales partner in southern Germany, has many years' experience in the market and a large customer base for stationary power supply.Thomas Melczer, Director of Business Development said: "Partnering with Modl, the leading supplier of intelligent power system solutions, demonstrates that Proton Motor is a key supplier of hydrogen-based fuel cell technology in Germany. "The market for energy efficient backup power supply is expected to experience significant growth in the near future, as expected power outages and power supply shortages become the focus of operators of mission critical applications such as hospitals, data centres, telecommunications companies and airports."The products are specially engineered to provide a long period of backup power of over five hours, and will range from five to 120 kilowatts. The first joint projects are underway.The share price rose 6.67% to 2.00p by 09:58.NR
More News
23 Jan 2015 13:36

UK DIRECTOR DEALINGS SUMMARY: Shanta Gold Non-Executive Sells Stake

Read more
22 Jan 2015 15:57

DIRECTOR DEALINGS: Proton Power Executive Sells 250,000 Shares

Read more
20 Jan 2015 09:11

Proton Power Systems Says Revenue Rose In 2014 But Still In Loss

Read more
2 Oct 2014 10:27

DIRECTOR DEALINGS: Proton Power Executive Sells 300,000 Shares

Read more
23 Sep 2014 07:37

Proton Power Systems Looking To China Despite Increased Losses

Read more
2 Sep 2014 09:25

Proton Power Systems In Austria Project For Fuel Cell In Duty Vehicle

Read more
11 Aug 2014 10:04

Proton Power Systems Finalises Development Of New Fuel Cell System

Read more
31 Jul 2014 10:03

Proton Power Systems Appoints Non-Executive Chairman

Read more
31 Jul 2014 07:41

UK MORNING BRIEFING: Afren, Balfour Beatty And Carillion Hit FTSE 250

Read more
17 Jun 2014 08:52

DIRECTOR DEALINGS: Proton Power Systems Director Sells 10,000 Shares

LONDON (Alliance News) - Proton Power Systems PLC Tuesday said Business Development Director Thomas Melczer sold 10,000 shares at a price of 7.75 pence per share Monday pursuant to the exercise of options. Shares in the fuel cells developer were down 3.2% at 7.50p Tuesday morning. By

Read more
13 Jun 2014 07:34

UK MORNING BRIEFING: Iraq Worries Weigh; Petra Finds Blue Diamond

LONDON (Alliance News) - The deteriorating situation in Iraq has depressed shares early Friday, as the UK market also contemplates a sooner-than-expected rise in interest rates by the Bank of England.

SSE, Tullow Oil and BG Group le

Read more
13 Jun 2014 07:08

Proton Power Systems Chairman John Wall Dies

LONDON (Alliance News) - Fuel cells developer Proton Power Systems PLC Friday said Chairman John Wall has died. Wall joined the board of the company back in 2006 and was a key part of the company's development, having served in both executive and non-executive roles. By Rowena Harris-

Read more
4 Jun 2014 09:28

Wednesday broker round-up UPDATE

Advanced Computer Software: Panmure Gordon ups target price from 139p to 155p and stays with its buy recommendation. Avacta: Numis shifts target price from 1.9p to 2p and retains a buy recommendation. Balfour Beatty: Westhouse Securities reduces target price from 302p to 220p keeping its neutral r

Read more
6 May 2014 10:37

UPDATE: Proton Power Systems Widens Pretax Loss In 2013

LONDON (Alliance News) - Proton Power Systems PLC, the fuel cell system developer, Tuesday reported a bigger loss in 2013, despite a 21% increase in revenue, after booking a hefty fair value loss on embedded derivatives. In 2013, the group's pretax loss widened to GBP9.3 million, from GBP4.

Read more
6 May 2014 10:16

Proton Power Systems Widens Pretax Loss In 2013

LONDON (Alliance News) - Proton Power Systems PLC, the fuel cell system developer, Tuesday reported a bigger loss in 2013, despite a 21% increase in revenue, after booking a hefty fair value loss on embedded derivatives. In 2013, the group's pretax loss widened to GBP9.3 million, from GBP4.

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.