Hydrogenics Awarded Fuel Cell And Vehicle Project By The US Department Of Energy
MISSISSAUGA, Ontario, Dec. 18, 2013 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (Nasdaq:HYGS) (TSX:HYG) ("Hydrogenics"), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, is pleased to announce that it was been selected as a participating partner in a United States Department of Energy (" DOE") project award to supply hydrogen fuel cell modules to the Center for Transportation and the Environment to be incorporated into fuel cell hybrid electric delivery vehicles.
This project is part of a larger $7.2 million series of awards the DOE announced this week to help bring cost-effective, advanced hydrogen and fuel cell technologies online faster for both mobile and stationary applications.
Hydrogenics' partner CommScope Inc. was also awarded a project to supply rooftop telecommunication equipment for Sprint. This project will demonstrate modular and lightweight fuel cell systems that can be easily installed without heavy cranes and can be refuelled from the ground, overcoming the need for transporting fuel to rooftops. Hydrogenics supplies all fuel cell power modules to CommScope for their fuel cell cabinets.Through the leadership of the DOE hydrogen and fuel cell program, many significant technical and economic milestones have been achieved. The current program will continue to advance the technical and commercial performance of these important lead applications. Electrification and decarbonisation of transport remains an important theme globally. Hydrogen and fuel cell technology offer greater range autonomy and opens up the field of commercial electric vehicle applications. Delivery vehicles are a particularly attractive market opportunity due to high range requirements and the convenience of depot fuelling. "We want to congratulate the US Department of Energy and their ongoing leadership for the development and implementation of hydrogen technologies, in particular recognizing the value of the fuel cell power module as a range extender for commercial electrical vehicles," said Daryl Wilson, Hydrogenics' CEO.
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