HYG Hydrogenics enters first European fuel cell project
2004-11-19 09:37 ET - News Release
Mr. Gary Brandt reports
Hydrogenics Corp. has been contracted by the Ministry for Transport Energy and State Planning of the State North-Rhine-Westphalia (NRW), Germany, to develop a fully operational electric hybrid "midi-bus." The propulsion system of the 17-foot European-manufactured bus platform will be based on the company's high-performance fuel cell hybrid design that integrates HyPM power module technology. Also under the terms of the contract, Hydrogenics will supply full-scale testing and select demonstrations in NRW. The contract is a cost share arrangement in which NRW will finance 50 per cent of the project cost up to 566,000 euros (approximately $735,000 (U.S.)).
"This is an exciting opportunity for Hydrogenics as we undertake our first European fuel cell integration project in an effort to advance the commercialization of fuel cell technology in this key region," said Pierre Rivard, Hydrogenics president and chief executive officer. "It is very gratifying that NRW has recognized the strengths of Hydrogenics' technology and technical support. From the time of our acquisition of Enkat in 2002, NRW's progressive stance on new energy technologies and international collaboration has made them an important partner for Hydrogenics. In the context of this project, the state has voiced some exciting ambitions around the demonstration and deployment of zero-emission transit technology and we would like very much to be there with them as they strive for these outcomes.
"The project and its assessment will take place over a one-year period. Demonstrations are expected to be under way by the middle of next year."
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