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Proton Motor Power Systems PLC - Newcastle-based producer of hydrogen fuel cells and electric hybrid systems - Launches a 90 kilowatt power generation pack. Says the pack is based on the new generation of the company's existing PM400 stack modules. ‘The 90 kW Module will be installed in a cabinet with a volume of 452 litres and include a complete balance of plant and power electronics,’ it notes.
Chief Executive Officer Faiz Nahab says: ‘We have been serialising our products for mass production, we increased our personnel by 60% over the last 18 months, with more new developments on the way, we aim to eliminate diesel engines by replacing them with Hydrogen fuel cell engines.’
Current stock price: 13.25 pence, down 3.6%
12-month change: down 34%
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