10th Mar 2020 16:24
(Alliance News) - Proton Motor Power Systems PLC on Tuesday said it has signed a framework agreement with APEX Energy Teterow GmbH to provide a further ten container integrated 10-kilowatt fuel cell systems.
The fuel cell electric hybrid systems provider said the deal follows an initial order secured in 2019 and the delivery of the further systems is expected by the end of 2021.
The total value of the order is EUR5 million, Proton Motor said.
"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," said Chief Executive Faiz Nahab.
AIM-listed Proton Motor shares were trading 21% higher in London on Tuesday at 37.00 pence each.
By Evelina Grecenko; [email protected]
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