Fuel Cells – Proton Motor Power Systems Plc Announces New Production Facility to Significantly Expand Manufacturing Capability.
Proton Motor Power Systems Plc announced that it has signed a fifteen-year lease agreement for a modern 13,500m2 facility (the “Facility”) that will be used to substantially expand the Company’s manufacturing, testing and development capacity.
Proton Motor has been developing its fuel cell technology since 1998 to be probably one of the leading fuel cells in industrial, long-lifetime markets. There is an increased political awareness that hydrogen and fuel cells will play a fundamental role to overcome the climate energy crisis and this is expected to lead to an increased demand for fuel cells.
In anticipation of this increased demand for the Company’s products, Proton Motor intends to increase its annual…