SGL Carbon and the Hyundai Motor Group have agreed on an early extension to the existing supply agreement for fuel cell components. The long-term agreement provides now for a substantial ramp-up of current production and delivery volumes of gas diffusion layers for the NEXO fuel-cell car to support Hyundai’s objectives in the area of fuel cell drives.
PowerCell Sweden AB has been informed that the formerly large shareholder in PowerCell, Midroc New Technology, has acquired 2,138,114 shares in PowerCell, representing 4.1 percent of votes and capital, from the Belgian investment company Finindus.
With hydrogen produced from renewable sources such as wind power, a significant portion of today’s carbon emissions from industry, transport and heat generation could be avoided. Vattenfall is, therefore, exploring different options for using hydrogen to decarbonise our society.