Proton Motor Power Systems plc (AIM: PPS), the designer, developer, and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announces that, following an initial order in 2019, it has signed a framework agreement with APEX Energy Teterow GmbH (APEX) in Rostock, Germany, to provide by the end of 2021 a further 10 container integrated 100 kW fuel cell systems.
The total value of the order is approximately EUR 5 million. Proton and APEX are envisaging the conclusion of a licensing agreement for further deliveries over and above the units specified above.
Dr Nahab, CEO of the Company, commented: “We are delighted with this order as it further demonstrates that our fuel cell solutions are attracting commercial customers interested in hydrogen as a clean energy source.”
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