News

Proton Motor Starts with a Record Quarter

By May 12, 2020 2   min read  (360 words)

May 12, 2020 |

Fuel Cells Works, Proton Motor Power Systems' Largest Shareholders Waive Loan Conversion Rights

Demand is stable despite the corona situation: Proton Motor Fuel Cell GmbH, a hydrogen fuel cell manufacturer, is pleased with its successful economic development at the start of the year, which has meant pandemic-related crisis scenarios for many industries.

Accordingly, the Bavarian company was able to record the end of the first quarter of 2020 with a record order intake of 6.4 million euros. 

proton motors container

Proton Motor’s new container fuel cell system has been completed for Germany’s largest hydrogen power plant, which APEX Energy Teterow will open in Rostock-Laage in June. Photo: Proton Motor

“Our quality products play a significant role against global warming. We continue to see relevant indicators in the market that the strategic investments in the high-tech development of Proton Motor have paid off sustainably in the past two decades, ”comments board member and finance director Roman Kotlarzewski about the positive start of the year. This is also analyzed by the listed English parent company “Proton Motor Power Systems” as a clear sign of the correct market positioning.

This goes hand in hand with the effectiveness of joint ventures and cooperations, as implemented by Puchheim engineers in a variety of ways. The latest example – in addition to the current completion of the 180 kW container solution for Germany’s largest hydrogen power plant, which is to be opened by “APEX Energy Teterow” in Rostock in June – is the collaboration with the Fraunhofer Institute IWKS, which is supported by several industrial partners as well as Proton Motor Fuel Cell GmbH has started a recycling concept for the recycling of fuel cells. Under the name “BReCycle”, the high-quality precious metals such as platinum and ruthenium from the electrode coating of the polymer membrane are to be fractionated in the circular economy and processes are to be processed.

In addition, the “PM Modul S8” fuel cell solution developed for the “Hy2Green” order, which generates emission-free energy from hydrogen and was implemented in 2019 in the South Tyrolean project “Knappenhaus”, was awarded for the “Bavarian Energy Prize 2020″ and for the ” Bavaria 2020 Innovation Award ”.

Source: Proton Motor Fuel Cell GmbH

Read the most up to date Fuel Cell and Hydrogen Industry news at FuelCellsWorks

FuelCellsWorks

Author FuelCellsWorks

More posts by FuelCellsWorks
error: Alert: Content is protected !!