Proton Motor Power Systems plc ("Proton Motor" or the "Company")
Fifth order from GKN
Proton Motor Power Systems plc (AIM: PPS), Europe's leading designer, developer and producer of fuel cells and electric hybrid systems with a zero-carbon footprint, is pleased to announce that it has received a fifth order from GKN Powder Metallurgy ("GKN PM") for an additional PM Module S8 designed for the autonomous provision of energy and heat. GKN PM is part of GKN, the Aerospace, Automotive and Powder Metallurgy international business controlled by Melrose Industries plc.
As for previous orders from GKN PM, the Proton Motor system will be deployed to supply self-sufficient clean power and heat in a residential setting from hydrogen generated from renewable sources.
Dr. Nahab, CEO of Proton, commented: "We are delighted to continue to support GKN PM in their drive to demonstrate the use of hydrogen as a means of storing energy produced from renewable resources and look forward to expanding our relationship to include training and services to support GKN PM's international sales." |