PowerCell develops fuel cell system for Kalmar Cargotec

 
 

The leading fuel cell company PowerCell Sweden AB (publ) has reached an agreement with Kalmar Cargotec Sweden AB on developing a fuel cell system for Kalmar Cargotec’s future electric forklift truck. This will help the end consumer, SSAB, to diminish carbon dioxide emissions at the site. The system will be developed and installed in 2017, and field testing will begin in Q1 2018.

The system is based on PowerCell’s proven fuel cell technology, and will be installed and tested in a medium sized forklift truck from Kalmar Cargotec, with a capacity to lift 9-18 tons. The fuel cell system, which runs on hydrogen, replaces the current combustion engine that runs on diesel, thus contributing to a diminished demand for fossil fuels. The order is strategically important, but has a limited impact on PowerCell’s results.

- Since water is the only emission, this alternative is considerably better than the diesel engine. I am enthusiastic that we, together with Kalmar Cargotec, can contribute to reducing SSAB’s fossil dependence. In addition, this is a development project that opens doors to an international market with great potential, says Andreas Bodén, Sales Manager at PowerCell Sweden AB.

Kalmar Cargotec is a leading provider of sustainable solutions for lifting equipment to the heavy industry for example. The company has a wide selection of forklift trucks.

According to plan, the fuel cell system will be developed Q2 2017 and installed in Q3. In Q1 2018, field testing at SSAB will begin.

Gothenburg, Sweden, December 2, 2016

For further information, please contact:

Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 (31) 720 36 20
Email: per.wassen@powercell.se

The following documents can be retrieved from beQuoted:
PowerCell_Pressrelease_2016-12-02_English.pdf

This information is insider information that PowerCell Sweden AB (Publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16:50 CET on December 2, 2016.



 
 
 

PowerCell has together with project partners applied for EU funding for development of fuel cell systems for marine applications

 
 

Together with a consortium, the leading fuel cell company PowerCell Sweden AB (publ) has applied for EU funding through the Fuel Cells and Hydrogen 2 Joint Undertaking for the development of a system based on the fuel cell stack PowerCell S3 for integration and testing in marine environments. The application has been positively assessed.

Together with other partners of the MARANDA consortium, PowerCell Sweden AB has applied for EU funding through the Fuel Cells and Hydrogen 2 Joint Undertaking for developing a system based on the fuel cell stack PowerCell S3 for integration and testing in marine environments. The application has been positively assessed and contract signing is expected late December, 2016.

The MARANDA consortium will develop a complete and competitive fuel cell system based on the PowerCell S3 (100kW) fuel cell stack. The system will be installed on board the arctic research vessel Aranda operated by SYKE Marine Research Centre, and it will be validated in demanding marine application during an 18 month period.

“This is a really exciting project and we look with confidence forward to start the cooperation with the other partners in the consortium, to jointly develop a complete and competitive fuel cell system and adopt it for marine environment. As an important part of the project, there is a business case analysis for hydrogen fuel cells in marine applications, taking into account the needs for development of regulations, codes and standards (RCS)”, said Per Wassén, CEO, PowerCell Sweden AB.

The PowerCell S3 is a scalable prototype in the 20-100kW range and is designed to use pure hydrogen as fuel. The fuel cell system entails high potential for reducing energy consumption and emissions from harbour boats and tugs.

The consortium consists of the following European companies and research institutions: ABB Oy (Finland), OMB Saleri S.p.A. (Italy), PersEE (France), Suomen ympäristökeskus (Finland), Swiss Hydrogen SA (Switzerland), and Teknologian tutkimuskeskus VTT Oy (Finland).

The EU funding through Fuel Cells and Hydrogen 2 Joint Undertaking is strategically important, but has a limited impact on the company’s results.

Gothenburg, Sweden, November 22, 2016

For further information, please contact:

Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 (31) 720 36 20
Email: per.wassen@powercell.se

The following documents can be retrieved from beQuoted

Powercell_Pressrelease_2016-11-22_English.pdf



 
 
 

PowerCell has delivered fuel cell stack as Coop in Switzerland launches distribution truck with fuel cell technology.

 
 

Gothenburg, Sweden, November 4, 2016. The leading fuel cell company PowerCell Sweden AB (publ) has, together with Swiss Hydrogen, supplied a fuel cell system to Coop in Switzerland when the company launches Switzerland´s first distribution truck with fuel cell technology. The system is built on PowerCell S3.

Today Coop in Switzerland took the first steps towards a landmark for climate-neutral mobility. At the same time that Coop inaugurated Switzerland’s first hydrogen gas station, the company presented the country’s first hydrogen truck.

“I am proud that our PowerCell S3 is in place. This is a big step and our strategic collaboration with Swiss Hydrogen is starting to give results. We are now helping Coop with completely fossil-fuel free transport,” says Per Wassén, CEO of PowerCell Sweden AB.

The electric truck is adapted with a fuel cell system based on a PowerCell S3 prototype. PowerCell’s partner Swiss Hydrogen has installed and developed the system (the order was communicated in January).

“Swiss Hydrogen is honored to deliver this first hydrogen fuel cell system for the Coop truck and is looking forward to further collaborations. The power density and efficiency reached with the integration of the S3 stack from PowerCell will certainly set a milestone in the zero emission delivery truck sector for the logistic companies”, says Alexandre Closset, CEO of Swiss Hydrogen SA.

The need for climate-neutral transport has resulted in truck manufacturers and distributors starting to electrify their vehicles. Coop´s is taking the next step by closing the hydrological cycle with the fuel cell truck powered by hydrogen. After tests are completed it is Coop’s ambition to successively replace its entire fleet of vehicles with fuel cell operated trucks. Coop will also set up its own hydrogen gas stations alongside its distribution centres.

“We want to kick things off and help ensure that a pioneering technology succeeds”, says Joos Sutter, CEO of Coop in Hunzenschwil.
“We receive many requests from the automotive industry because their end customers are demanding fossil fuel-free vehicles. A strong argument is that the fuel cells only waste product is water,” says Per Wassén.

PowerCell S3 is compact and designed to easily be installed in a vehicle. It is specially designed for the automotive industry in order to meet the strict requirements of the sector. PowerCell S3 operates on hydrogen gas and has a high degree of efficiency which creates competitive advantage compared to other fuels. The stack is at 100 kW which corresponds to 134 hp. Due to the fact that the system is scalable, the stacks can be connected in series, and in this way produce a few hundred hp.

PowerCell Sweden AB has developed fuel cell technology for more than a decade and has completed a unique design, which enables production of a light, versatile and reliable source of power for cars, transport and stationary applications. Fuel cell stacks PowerCell S1, S2 and S3 cover the power rage of 1-100 kW.

Since April 2016 PowerCell has had a collaborative agreement with Swiss Hydrogen SA. Swiss Hydrogen has broad experience of design, assembly and of integrating the fuel cell system in various applications. The company has also cooperated with sales and marketing activities world-wide and the current hydrogen gas truck is an example of these efforts.

For further information, please contact:
Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 (31) 720 36 20
Email: per.wassen@powercell.se

This information is insider information that PowerCell Sweden AB (Publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14:30 CET on November 4, 2016.

__________________________________________________________________________________________________________________________________

About PowerCell Sweden AB (publ)
PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics, which develops and produces environmentally friendly power systems for stationary and mobile customer applications.

PowerCell has developed a modular system of fuel cell platforms, powered by clean environmentally friendly produced hydrogen where only electricity, heat and water are emissions. The fuel cells are also designed to handle the reformed hydrogen from e.g. biogas, natural gas, biodiesel or standard diesel.

In case hydrogen infrastructure is missing, PowerCell has combined its leading fuel cell and reformer technology and developed a fuel cell system, PowerPac, which converts standard diesel, with hydrogen, into electricity. This is done in an energy efficient and environmentally friendly way, in which emissions of carbon monoxide, nitrogen oxides and particles are completely eliminated and the carbon dioxide is greatly reduced compared with a conventional diesel engine.

PowerCell Sweden AB (publ) is listed on First North at Nasdaq Stockholm and is an industrial spinout from the Volvo Group. G&W Fondkommission is appointed Certified Adviser by the Company. Among the largest owners are Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture Capital. For additional information, please visit: www.powercell.se

About Swiss Hydrogen SA
Swiss Hydrogen SA is a company that conceives, designs, assembles and integrates hydrogen technologies for numerous applications, such as, all sorts of electrical vehicles and small to large stationary power plants. Swiss Hydrogen believes that the expanded use of hydrogen will help to significantly reduce our dependence on fossil fuels, and will likewise permit us to slash our CO2 emissions.

The company was incorporated in July 2008 as a subsidiary of Belenos Clean Power with the aim to develop hydrogen production technologies from renewable sources. In collaboration with the Paul Scherrer Institut in Switzerland, Belenos Clean Power invested seven years in the development of PEM fuel cell technology for stationary and mobility applications. Mid-2015, Swiss Hydrogen took over the development of the PEM fuel cell technology from Belenos Clean Power to focus on its commercialization.
For additional information, please visit: http://swisshydrogen.ch

 
 
 

PowerCell Sweden AB (publ) has received the first marine order for two PowerCell S3 prototype stacks – to be installed on a ship powered by photovoltaics

 
 

[Gothenburg, Sweden, November 3, 2016.] .] The leading fuel cell company PowerCell Sweden AB (publ) has received the first marine order for two PowerCell S3 prototype stacks, which Swiss Hydrogen will install on a ship powered by photovoltaics.

“The marine industry is a very interesting area, in which our capacity to deliver electricity without emissions is extremely important. This order comprises two PowerCell S3 prototypes. The order is of strategic importance, but has a limited effect on the result. We are responsible for the fuel cells and Swiss Hydrogen will manufacture the system and conduct adjustments to certify it for the marine environment. The advantage is that our fuel cell stacks are modular and in this way we can get in a few hundred horsepower where it is required in marine applications”, said Per Wassén, CEO, PowerCell Sweden AB.

More and more countries are demanding fossil-free energy for marine fields of application. The Netherlands has decided to develop fossil-free ferries. Norway, that was an early user of battery operations, is far advanced in establishing fuel cell-powered ships. Over the next few years car ferries, passenger ferries and a fishing boat will be powered by fuel cell technology in Norway.

PowerCells’ partner Swiss Hydrogen is developing energy systems for a long range of fuel cell applications. The current order placed by Swiss Hydrogen at PowerCell comprises two PowerCell S3 prototypes that will be part of a system that is developed and adjusted to the marine environment. The order is a result of the collaboration agreement, which PowerCell signed with Swiss Hydrogen in April 2016.

“Hydrogen gas will replace diesel in a marine industry that is forced to reduce its emissions. The ship in question will be a mobile show-case that describes how effective and reliable the hydrogen gas technology is in marine environments”, said Alexandre Closset, CEO, Swiss Hydrogen SA.

The ship will be supplied with a system that encompasses on board production of hydrogen gas from solar electricity, storage of hydrogen gas and two fuel cells each one 30 kW, which amounts to 80 hp in total.

PowerCell has, in the past, had many requests concerning marine applications. However, this is the first time that the company’s PowerCell S3 stacks will be tested together with a partner in a marine environment. The fuel cells will quadruple the ships autonomy and hydrogen gas is a way for the marine sector to gain access to a fossil free energy solution.

For further information, please contact:

Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 (31) 720 36 20
Email: per.wassen@powercell.se

This information is insider information that PowerCell Sweden AB (Publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:45 CET on November 3, 2016.

About PowerCell Sweden AB (publ)
PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics, which develops and produces environmentally friendly power systems for stationary and mobile customer applications.

PowerCell has developed a modular system of fuel cell platforms, powered by clean environmentally friendly produced hydrogen where only electricity, heat and water are emissions. The fuel cells are also designed to handle the reformed hydrogen from e.g. biogas, natural gas, biodiesel or standard diesel.

In case hydrogen infrastructure is missing, PowerCell has combined its leading fuel cell and reformer technology and developed a fuel cell system, PowerPac, which converts standard diesel, with hydrogen, into electricity. This is done in an energy efficient and environmentally friendly way, in which emissions of carbon monoxide, nitrogen oxides and particles are completely eliminated and the carbon dioxide is greatly reduced compared with a conventional diesel engine.

PowerCell Sweden AB (publ) is listed on First North at Nasdaq Stockholm and is an industrial spinout from the Volvo Group. G&W Fondkommission is appointed Certified Adviser by the Company. Among the largest owners are Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture Capital. For additional information, please visit: www.powercell.se

About Swiss Hydrogen SA
Swiss Hydrogen SA is a company that conceives, designs, assembles and integrates hydrogen technologies for numerous applications, such as, all sorts of electrical vehicles and small to large stationary power plants. Swiss Hydrogen believes that the expanded use of hydrogen will help to significantly reduce our dependence on fossil fuels, and will likewise permit us to slash our CO2 emissions.

The company was incorporated in July 2008 as a subsidiary of Belenos Clean Power with the aim to develop hydrogen production technologies from renewable sources. In collaboration with the Paul Scherrer Institut in Switzerland, Belenos Clean Power invested seven years in the development of PEM fuel cell technology for stationary and mobility applications. Mid-2015, Swiss Hydrogen took over the development of the PEM fuel cell technology from Belenos Clean Power to focus on its commercialization.
For additional information, please visit: http://swisshydrogen.ch

 
 
 

PowerCell receives order from a Taiwanese customer – to meet a growing demand for zero-emission solutions in Asia

 
 

[Gothenburg, Sweden, November 1, 2016.] .] The leading fuel cell company PowerCell Sweden AB (publ) has received an order of PowerCell S2 from a Taiwanese customer previous ordering PowerCell S1 fuel cell stacks. The customer’s intensions now are to use PowerCell´s fuel cell stacks and know-how also in other applications, with the need of higher power range, where the PowerCell S2 fuel cell stack will fit perfectly. The order consists of two PowerCell S2 fuel cell stacks that the customer will integrate and test in two different fuel cell systems, adapted to be driven by reformate respective hydrogen gas.

The leading fuel cell company PowerCell Sweden AB has received yet another order for two PowerCell S2 fuel cell stacks from an existing customer in Taiwan. The Taiwanese customer has a long-termed relationship with PowerCell Sweden as they have been purchasing PowerCell S1 with great satisfaction. As the customer also is working with new applications that require a higher power range, they have as a start ordered two PowerCell S2 fuel cell stacks and some auxiliary components for integration and test in two different kind of fuel cell systems, fuelled by reformate respective pure hydrogen.

The Taiwanese company wants to expand their market in Asia with their own reformate based system, a system that can replace diesel generators. The company also see a great possibility to grow in Taiwan as the local companies seek hydrogen solutions for electricity as the emission regulations has become much harder.

“We are pleased that our Taiwanese customer is satisfied with our PowerCell S1 fuel stacks and that they yet again have chosen PowerCell for their new applications that require greater effect. We see an increase in interest and inquiries from Asia, which we are excited of. PowerCell Sweden has a good reputation in Asia and we are being recognized for our extensive expertise in fuel cells and reformer technology”, said Andreas Bodén, Sales Director at PowerCell Sweden AB.

The order is strategically important, but have a limited impact on the company’s results.

For further information, please contact:

Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 (31) 720 36 20
Email: per.wassen@powercell.se

This information is insider information that PowerCell Sweden AB (Publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:45 CET on November 1, 2016.

About PowerCell Sweden AB (publ)
PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics, which develops and produces environmentally friendly power systems for stationary and mobile customer applications.

PowerCell has developed a modular system of fuel cell platforms, powered by clean environmentally friendly produced hydrogen where only electricity, heat and water are emissions. The fuel cells are also designed to handle the reformed hydrogen from e.g. biogas, natural gas, biodiesel or standard diesel.

In case hydrogen infrastructure is missing, PowerCell has combined its leading fuel cell and reformer technology and developed a fuel cell system, PowerPac, which converts standard diesel, with hydrogen, into electricity. This is done in an energy efficient and environmentally friendly way, in which emissions of carbon monoxide, nitrogen oxides and particles are completely eliminated and the carbon dioxide is greatly reduced compared with a conventional diesel engine.

PowerCell Sweden AB (publ) is listed on First North at Nasdaq Stockholm and is an industrial spinout from the Volvo Group. G&W Fondkommission is appointed Certified Adviser by the Company. Among the largest owners are Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture Capital. For additional information, please visit: www.powercell.se