17th Sep 2013 07:00
Press Release | 17 September 2013 |
Acta S.p.A.
("Acta" or "the Company")
Second Acta Power Trial in Philippines
Acta S.p.A. (AIM: ACTA), the clean energy products company, is pleased to announce that it has signed a contract with a new customer for a trial of its Acta Power back-up power system for telecommunications applications. The system is to be placed on trial with a second major mobile telecoms company at a telecom base station located in the Philippines.
The Acta Power is a self-recharging back-up power system incorporating a fuel cell and low cost on-board hydrogen generation. It has been developed to meet the back-up power requirements of telecom base stations in off-grid or bad grid locations by utilising rainwater for water supply and avoiding the cost and logistical barriers of hydrogen delivery to base stations in remote or inaccessible sites.
Acta's first Acta Power trial in the Philippines was announced in July 2013 following the announcement of trials in Africa and Australia, all with major mobile telecoms operators, and a separate renewable energy storage trial in the UK. In addition, earlier this month the Company signed a distribution partnership with Shanghai Sunwise Energy Systems Co. Ltd for the distribution of electrolyers and back-up power systems in China.
The new Philippine trial will be undertaken in partnership with Lead Core Technology Systems Inc. ("LCTSI"), a technical support company specialising in battery systems and engineering support services for telecommunications and other industries. LCTSI will be Acta's engineering and client services partner and will be responsible for the installation and technical management of the trial as well as the commercial promotion of the installed system within the final client's organisation.
The trial unit is due to be shipped in October and will undergo initial testing on site for one month prior to a two-month live trial at a grid-connected telecom base station. Subject to the successful outcome of the trial, the partners believe that there is the potential for a significant level of orders in this marketplace for Acta Power systems.
Paolo Bert, Chief Executive of Acta, commented:
"We have seen a strong level of interest in the capabilities of the Acta Power among the major mobile phone operators in the Philippines, and we are delighted to be entering our second trial agreement there. We believe there is an outstanding business opportunity in the region for our unique back-up power system."
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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:
Abchurch Communications Limited Janine Brewis / Shabnam Bashir / Jamie Hooper
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Tel: +44 20 7398 7707 www.abchurch-group.com |
About ActaS.p.A.
ActaS.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
About the Acta Power
The Acta Power is a modular system available with a 2kW or 4kW power output and with a 500 L/h or 1,000 L/h hydrogen generator. It includes a flexible, wireless GSM communication module for remote management, control, alarm and assistance, and incorporates an award-winning fuel cell system. The Acta Power produces compressed hydrogen directly from renewable energy and is designed to replace diesel gensets which are traditionally used to provide back-up power at remote telecom sites.
Since up to 50% of a base station's operating cost is energy, and in many emerging markets operators struggle with diesel theft and difficult access to remote sites, the system can offer a cleaner and more reliable back-up solution while saving money for the mobile operator.
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