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
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Proton Mtr Pwr (PPS)