RNS Number : 2918M
Acta S.p.A.
15 July 2014
15 July 2014
Acta S.p.A. ("Acta" or "the Company")
Product Development Partnership and New Customer Sale
Acta S.p.A (AIM: ACTA), the hydrogen energy company, announces a product development partnership with Dantherm Power A/S ("Dantherm"), a subsidiary of Ballard Power Systems
Inc (NASDAQ: BLDP), to develop a self-recharging fuel cell backup power system to address the significant opportunities for off-grid backup power in cold and remote geographic regions where traditional power sources suffer from severe drawbacks.
Inc (NASDAQ: BLDP), to develop a self-recharging fuel cell backup power system to address the significant opportunities for off-grid backup power in cold and remote geographic regions where traditional power sources suffer from severe drawbacks.
Initially, Acta will support Dantherm to integrate Acta's EL 1000 electrolyser with Dantherm's fuel cell backuppower system. Once integrated, the combined device will be deployed on an island location close to the Arctic Circle, where it will be powered by a wind turbine. Shipment of the order is scheduled for September 2014.
system. Once integrated, the combined device will be deployed on an island location close to the Arctic Circle, where it will be powered by a wind turbine. Shipment of the order is scheduled for September 2014.
Following previous demonstrations of the capabilities of Acta's system in arid and humid environments, the project is expected to demonstrate the suitability of Acta's electrolyser products for renewable energy storageapplications in challenging cold environments. The Company and Dantherm are already in discussion regarding a number of suitable opportunities across the Nordic region.
applications in challenging cold environments. The Company and Dantherm are already in discussion regarding a number of suitable opportunities across the Nordic region.
Paolo Bert, CEO of Acta, commented: "We have been discussing technical collaboration with Dantherm for some time and we are pleased to be going ahead together with this installation. We see a significant opportunity for fuel cell backup power systems for remote locations including cold environments, where the ability to generate hydrogen onsite from renewable power sources is a key enabler.
"We also note Ballard's recent announcement regarding an engineering services agreement between Dantherm and M-Field Energy, our system integration customer in Taiwan, to enter the European material handling systems market, and believe that this channel collaboration will strengthen our leadership in onsite hydrogen generation for energy applications. We look forward to the success of the partnership with Dantherm and to extending our reach into the telecommunications backup power market together with them."
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