A large coalition of European partners has launched Hydrogen Mobility Europe project (H2ME) to support the introduction of hydrogen-fuelled transport
Intelligent Energy (IE), the energy technology company, welcomes the announcement from the Hydrogen Mobility Europe project (H2ME), launching the deployment of fuel cell electric vehicles and hydrogen refuelling stations across Europe.
A large coalition of European partners has launched H2ME which is co-funded with €32 million from the Fuel Cells and Hydrogen Joint Undertaking (FCH JU). The project will support the deployment of 200 Fuel Cell Electric Vehicles (FCEVs) and 125 fuel cell range-extended electric (FC RE-EVs) commercial vans across Europe. This is closely aligned to IE's own ZERE strategy announced two weeks ago. H2ME will also deploy 29 new Hydrogen Refuelling Stations (HRS) in 10 countries (Austria, Belgium, Denmark, France, Germany, Iceland, Netherlands, Norway, Sweden and the UK). Taken together with existing plans for the roll-out of over 50 stations in Europe over the same period, this will create the world's largest network of hydrogen stations and provide FCEV drivers with the beginnings of a network enabling Europe wide driving.
The consortium, led by Element Energy, includes global leaders in the hydrogen and fuel cell sector, from fuel cells and car manufacturers (Daimler, SymbioFCell, Hyundai, Honda, Intelligent Energy, Nissan) and infrastructure providers (Air Liquide, BOC, H2Logic, ITM Power, Linde, McPhy, OMV, AREVA, EIFER, H2 MOBILITY Deutschland, HYOP, Icelandic New Energy, Communauté d'Agglomération Sarreguemines Confluences) to data monitoring and dissemination organisations (Cenex, WaterstofNet).
What it means to Intelligent Energy
Intelligent Energy is currently working with nearly 25% of the global OEMs which produce over 1million cars a year allowing those OEMs to leverage IE's IP technology and IP portfolio to help them transition from internal combustion engines to fuel cell electric drivetrains.
H2ME's announcement is closely aligned to IE's ZERE (Zero Emission Range Extended fuel cell electric vehicles) strategy. Two weeks ago IE launched ZERE to help replace diesel engines in cities, for example for fleet delivery vans which all use diesel engines.
IE is leading a UK industry consortium with partners such as Frost EV, Frost Electronics, Millbrook, CENEX, British Gas and DHL to develop a new class of zero-emission, light commercial vehicle (LCV) by integrating fuel cell technology into battery electric vehicles (BEVs). £6.3m was granted from the Advanced Propulsion Centre (APC) as part of a £12.7m three - year project for this consortium.
IE is also associated with H2Mobility where in Germany, 400 hydrogen refuelling stations are planned with the first 50 already being built. In the UK, an initial network of up to 15 hydrogen refuelling stations by the end of 2015 are to be established according to UKH2Mobility.
If you have any questions or would like more information please contact Investor Relations at: ir@intelligent-energy.com
About Intelligent Energy
Intelligent Energy Holdings plc is an energy technology group which develops efficient and clean hydrogen fuel cell power systems for the global automotive, consumer electronics, distributed power and generation markets - from powering zero-emission vehicles to compact energy packs for mobile devices and stationary power units for the always-on infrastructure.
Working with international companies, Intelligent Energy aims to embed its technology in mass market applications to solve the challenges of continuous power and productivity, by creating everyday energy solutions to power people's lives. The Group's intellectual property and expertise is based around proprietary fuel cell technologies, which are the product of over 25 years of research and development. Its patent portfolio includes more than 900 patents granted (and over 1000 patents pending) across more than 400 patent families. The Group also maintains a significant body of confidential know-how and trade secrets.
With its principal facility and headquarters in Loughborough, UK, the company also has operations in India, Japan and Singapore, a commercial office in Silicon Valley, USA and development facilities co-located at the French Alternative Energies and Atomic Energy Commission in Grenoble and at NASA in Florida, USA. Intelligent Energy Holdings plc is listed on the London Stock Exchange and has an ADR program in the USA (LSE: IEH; ADR: INGYY).
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