Electro Power Systems Selected as a World Economic Forum Technology Pioneer 2012
Prestigious Award Recognizes the Company’s Unique Vision, Pragmatic Execution and Its ElectroSelf Fuel Cell System, One of the Most Innovative Technologies of 2011
TORINO, Italy–Electro Power Systems SpA (ElectroPS) has been selected by the World Economic Forum as a Technology Pioneer 2012, a prestigious award granted to visionary companies whose cutting edge technologies are transforming business and society. The honor was presented in recognition of the company’s use of fuel cell technology to provide clean back-up power, and power grid/renewables extension and optimization, anywhere in the world.
An integral part of the ElectroPS advantage is the ElectroSelfTM fuel cell system, the World’s only self-recharging, logistics-free backup power solution. ElectroSelf is an enabling technology for Distributed Energy. It significantly increases the value of small-scale renewables infrastructures by minimizing the mismatch in energy production and consumption. It does this by efficiently storing energy from the grid or when renewables are plentiful, and instantaneously releasing energy whenever there is a power dip or outage.
News highlights:
- Since 2000, the World Economic Forum has recognized innovative start-ups from around the world whose cutting-edge technologies are transforming business and society
- ElectroPS was selected based on its unique vision, pragmatic execution and its ElectroSelf fuel cell system
- ElectroPS combines revolutionary long-term vision (easy-to-use fuel cells at an accessible price) with concrete and pragmatic execution (over 600 units have been installed within core markets worldwide)
- ElectroPS is delivering automatically rechargeable clean backup power all over the world. Its high-performance fuel cell power solutions minimize the mismatch in energy production and consumption both on and off-grid.
- More information can be found at www.electrops.it
About Electro Power Systems
Italian-based Electro Power Systems is the emerging leader in fuel cell systems for mission-critical backup power applications. Its self-recharging ElectroSelf platform was named “Most Innovative Product Enabling a Greener World” at the GSMA’s Mobile Innovation EMEA event in June 2009. The Company has a robust Intellectual Property portfolio, a track record of successful innovation and a growing revenue base. At present, over 600 fuel cell power systems have been installed within Europe, Asia, Africa and the Americas. ElectroPS is still managed by its cofounders and has recently opened branches within the UK and India. Its shareholders include selected strategic partners and key institutional investors.













