focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksProton Mtr Pwr Regulatory 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: -0.10 (-4.55%)
Spread: 0.20 (10.00%)
Open: 2.20
High: 2.20
Low: 2.10
Prev. Close: 2.20
PPS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Introduction of new commercial vehicle

27 Sep 2013 07:00

RNS Number : 0592P
Proton Power Systems PLC
27 September 2013
 



 

 

 

 

27 September 2013

 

Proton Power Systems plc

 

("Proton Power" or the "Company")

 

The world's first electrically operated commercial vehicle in the 7.5 to 12 tonne class with a battery and HyRange fuel cell system from Proton Power

 

Proton Power is pleased to announce the introduction, by its subsidiary Motor Fuel Cell GmbH ("Proton Motor") based in Puchheim near Munich, of the world's first battery and fuel cell operated electric commercial vehicle in the 7.5 to 12 tonne weight class. The vehicle is based on the battery-powered Newton vehicle built by Smith Electric Vehicles.

Proton Motor has integrated a HyRange hydrogen fuel cell system with an output of 8kW into the vehicle which supplies the battery with electrical energy. This significantly improves the vehicle's range and enables power to be supplied to the driver cabin air conditioning unit or additional equipment such as electrically powered refrigeration units.

 

The vehicle is available immediately for field testing by interested customers in the box van and tail lift configuration. The project was supported by funding from the NIP (National Hydrogen and Fuel Cell Technology Innovation programme).

 

Dr. Francoise Faiz Nahab, Managing Director of Proton Motor Fuel Cell GmbH, said:

 

"We developed our HyRange system for buses and commercial vehicles for inner-city use. The vehicles are extremely quiet and emissions free. This is an optimal solution for every city that needs to meet the planned environmental targets. We are very proud of the results of our work over the last 3 years and hope that we will see considerable interest. Field testing the vehicles should give users from the logistics and service sectors an impression of the performance and reliability of our technology."

 

The Proton HyRange system is available for commercial vehicles up to 12 tonnes and for buses for local public transport. The modular design of the fuel cell system enables the electric output to be scaled accordingly.

 

The vehicle will be presented at the World of Energy Solutions trade fair next week in Stuttgart and will be available for test drives there.

 

- Ends -

 

 

For further information:

Proton Power Systems plc

John Wall, Chairman

Tel: +44 (0) 7802 917 615

Achim Loecher, FD

Tel: +49 (0) 89 127 626 550

www.protonpowersystems.com

 

 

 

Westhouse Securities Limited

Nominated adviser and broker

 

Tel: +44 (0) 20 7601 6100

Antonio Bossi

www.westhousesecurities.com

 

 

About Proton Motor Fuel Cell GmbH

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 17 years of experience in this sector. Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source - from the development and production through the implementation of customized solutions. The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications. The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

 

Proton Motor acquired SPower GmbH in 2013. Established in 2007, SPower serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage.

 

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc. The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCPGUWPBUPWGBQ
Date   Source Headline
21st May 20133:49 pmRNSIssue of equity and director shareholding
16th May 20138:48 amRNS10,000 hours operation of PM200 Fuel Cell
14th May 20137:00 amRNSFinal Results
11th Feb 20137:00 amRNSAcquisition of SPower
12th Dec 20127:00 amRNSFuel Cell deployment with E.ON
28th Nov 201212:00 pmRNSLoan Agreement
28th Nov 201212:00 pmRNSGrant of Options
4th Oct 20127:00 amRNSChange of Adviser
28th Sep 20127:00 amRNSInterim Results
6th Aug 20127:00 amRNSProton Motor signs cooperation agreement with Modl
26th Jun 20124:26 pmRNSResult of AGM
1st Jun 20127:00 amRNSFinal Results
14th May 20127:00 amRNSProton Motor at The Hannover Industrial Fair 2012
26th Mar 20127:00 amRNSSuccessful Integration of Fuel Cell Range Extender
1st Feb 20127:00 amRNSChange of Name of Nominated Adviser and Jt Broker
1st Feb 20127:00 amRNSIssue of Equity
22nd Dec 201110:11 amRNSGrant of Options
22nd Dec 201110:02 amRNSGrant of Options
29th Nov 20117:00 amRNSFirst commercial sales of 5kVA hydrogen fuel cell
24th Nov 20117:00 amRNSService contract with ATG
4th Nov 201112:00 pmRNSIssue of Equity
17th Oct 20117:00 amRNSConversion of convertible loan
6th Oct 20117:00 amRNSAppointment of Joint Broker
29th Sep 20117:00 amRNSInterim Results
1st Jul 20113:11 pmRNSGrant of Options
28th Jun 20111:30 pmRNSResult of AGM
7th Jun 201110:25 amRNSExtension of convertible loan agreement
3rd Jun 20117:00 amRNSFinancial Results
2nd Mar 20117:00 amRNSDirectorate Change
14th Dec 201012:20 pmRNSExtension of convertible loan agreement
1st Dec 20107:00 amRNSStrategy update including Board Changes
14th Oct 20107:00 amRNSConvertible loan and director shareholding
29th Sep 20107:00 amRNSInterim Results
20th Sep 201012:31 pmRNSChange of Registrar
26th Jul 20109:54 amRNSDirectorate Change
1st Jul 201011:59 amRNSGrant of Options
23rd Jun 20107:00 amRNSResult of AGM
10th Jun 20108:41 amRNSGrant funding and bank facility
24th May 20107:00 amRNSPreliminary Results
13th May 20108:34 amRNSNotice of Preliminary Results
12th May 20107:00 amRNSSPower agreement
23rd Apr 20107:00 amRNSExtension of Convertible Loan
20th Apr 20108:30 amRNSProton Power Systems exhibits at Hanover Fair 2010
6th Apr 20107:00 amRNSDirectorate Change
2nd Feb 20107:00 amRNSMoU with Smith Electric Vehicles
27th Jan 20102:35 pmRNSExtension of convertible loan
18th Jan 20107:00 amRNSConversion of Loan
10th Dec 20094:15 pmRNSGrant of Options
9th Nov 20097:00 amRNSConvertible Loan
30th Sep 20097:00 amRNSInterim Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.