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IN BRIEF: TP Group Signs Deal To Target Hydrogen Fuel In Rail Industry

17th Sep 2020 19:23

TP Group PLC - Reading-based consulting, software and engineering services provider - Signs three-way partnership agreement with Vanguard Sustainable Transport Solutions Ltd and Fuel Cell Systems Ltd to target hydrogen fuelling solutions in the rail industry.

"The three-year, non-exclusive agreement will explore opportunities for a range of services, including on-site hydrogen generation, storage and dispensation, and fuel cell integration into rail rolling stock such as the HydroFLEX train, which has been developed by the University of Birmingham's Centre for Railway Research & Education alongside rolling stock solutions provider, Porterbrook," TP added.

Current stock price: 7.50 pence

Year-to-date change: up 15%

By Paul McGowan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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