23rd Sep 2013 07:00
Press Release | 23 September 2013 |
Acta S.p.A.
("Acta" or "the Company")
Notice of Interim Results
Acta S.p.A. (AIM:ACTA), the clean energy products company, confirms that it will be announcing its Interim Results for the six months ended 30 June 2013 on Monday, 30 September 2013.
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For further information please contact:
ActaS.p.A Paul Barritt, Chief Financial Officer
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Tel: +39 050 644281 www.actagroup.it
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Altium Capital (Nominated Advisor) Adrian Reed / Dom Orsini |
Tel: +44 (0)845 505 4343
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Cantor Fitzgerald Europe (Broker) Mark Percy / David Banks |
Tel: +44 (0)20 7894 7000
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Media enquiries:
Kreab Gavin Anderson Robert Speed / Ross Gillam / Christina Clark
| Tel: +44 20 7074 1800 www.kreabgavinanderson.com
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About Acta S.p.A.
Acta S.p.A. is a developer and manufacturer of a range of clean energy products. Based on its world-leading expertise in alkaline membrane technology, the Company has developed a unique range of low-cost, compact hydrogen generators (electrolysers) which produce pure, dry compressed hydrogen at high efficiency from renewable or grid power.
In April 2013 Acta launched the Acta Power, an integrated electrolyser and fuel cell system for use in back-up power and renewable energy storage applications. Best understood as a "Hydrogen Battery", the system converts energy from renewable or grid power when it is available and stores it in the form of hydrogen, and then converts the hydrogen back to electrical power when needed due to grid black-out or lack of solar / wind power.
This system has extensive application as a back-up power unit for telecommunications base stations, where it competes on cost against traditional battery and diesel solutions, while offering a cleaner solution and better service. In particular, the use of rainwater and the generation of hydrogen on-site removes the cost and logistical barriers of fuel delivery, while also avoiding the theft risk associated with diesel, methanol and battery systems.
The supply of fuel cell back-up power systems for telecommunications base stations represents a large and fast-growing market, especially in extensively bad-grid and off-grid locations such as in Asia and Africa. Battery sales to the Chinese telecoms industry are currently valued at $4.7 bn to $7.8 bn per annum (Fuel Cell Today, China).
Acta holds a portfolio of patents and patent applications on its key technologies, manufactures its products through a combination of production, component subcontracting, and final product assembly and quality control, and has established distribution channels through partnerships in China, India, SE Asia, Australia, Africa, Middle East, Germany, UK, USA and South America.
Acta S.p.A. is based near Pisa, Italy, and was admitted to trading on AIM in October 2005.
www.actagroup.it
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