Alkaline Fuel Cell Power Corp. start testing

0
  • Gaskatel, based in Germany, is a leading provider of testing, measurement and analysis for electrochemical projects integrating physics, chemistry and process engineering.
  • The collaboration of AFCP and Gaskatel will also ensure that the processes have high integrity and optimal performance.

VANCOUVER, British Columbia, September 09, 2021 (GLOBE NEWSWIRE) – Power Corp. Alkaline Fuel Cell (NEO: PWWR) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP“or the”Society“), an organization that markets next-generation alkaline fuel cell heating and power systems for residential, industrial and commercial markets around the world, is pleased to announce the signing of a Letter of Understanding (LOU) with Gaskatel GmbH (“Gaskatel”), One of the world’s leading authority in electrode research and development, to undertake advanced third-party testing of AFCP’s hydrogen alkaline fuel cell product.

Founded in 1997, Gaskatel’s team of physicists, chemists, engineers and laboratory staff focuses on the development, manufacture and sale of various types of electrodes and censors, including hydrogen reference electrodes and hydrogen pH electrodes. By performing precision analytical measurements, Gaskatel strives to identify and map out a full cycle solution to meet the challenges of its customers. Gaskatel offers expertise and accessibility to electrochemical test equipment, gas diffusion electrodes, fuel cells and electrolysers.

“Securing this collaboration with Gaskatel is a crucial step on the road to commercialization of our next-generation alkaline fuel cell system, designed to generate clean electrical energy and heat with zero CO.2 and pure water as the only by-product, ”said Jef Spaepen, CEO of AFCP. “In addition, the management of AFCP brings previous success in commercializing earlier versions of this technology, supporting our ability to effectively advance the development of this important and cost effective clean energy solution. “

While AFCP management has already marketed and deployed similar iterations of its signature Alkaline Power System, the company’s advanced third-generation system, for residential and small to medium-sized electricity markets, including Including modular combination units used for storage and marine power generation, the Gaskatel collaboration will focus on positive improvements to its next-generation technology, including optimizing unit size, maintaining ‘relatively quiet operation and high overall efficiency.

AFCP will leverage the expertise and many years of experience provided by Gaskatel’s global leadership in this area as the companies jointly undertake product durability and benchmark testing to improve existing patented technologies and systems. Working alongside the Gaskatel technical team, AFCP’s qualified technical staff will integrate new approaches to optimize performance. Through intelligent design and planning in collaboration with Gaskatel, AFCP plans to combine its own highly efficient and efficient manufacturing protocols with those of Gaskatel. Through this collaboration, AFCP is paving the way for cost-effective, high-volume production of its innovative alkaline fuel cell system.

About Alkaline Fuel Cell Power Corp.

The Company is focused on the development and production of micro-combined heat and power (“micro-cogeneration”) systems based on alkaline fuel cell technology. A fuel cell is a system for converting / producing clean electrical energy, similar to small power plants that provide electricity and an equivalent amount of heat for a variety of purposes. Based on alkaline hydrogen fuel cell technology, our technology provides an energy source that generates zero CO2 with pure water as the only by-product, making it ideal for residential and small to mid-size electricity markets. We believe that Fuel Cell Power is well positioned to become a positive contributor to the global demand for clean energy, particularly in Europe where demand exceeds supply and current technology remains inadequate to meet market needs. Further information is available on our website at https://www.fuelcellpower.com/ and on our SEDAR profile at www.sedar.com. We encourage investors and other interested stakeholders to follow us on LinkedIn, Twitter, Facebook and Instagram. Our common shares are listed on the NEO Exchange (“NEO”) under the symbol “PWWR” and on the Frankfurt Stock Exchange under the symbols 77R and WKN A3CTYF.

For more information, please contact:

Forward-looking information

This press release contains beforeforward-looking and forward-looking statementssearch for information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact can be transmittedstatements or research information. In some cases, forward-looking statements may be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “forecasts”. “,” The intention “,” “anticipates”, “believes” or variations of these words and expressions or statements that certain actions, events or results “could”, “could”, “would”, “could”, ” to occur ”or“ to achieve ”. Forward-looking statements may include, without limitation, statements regarding technology, intellectual property, the business plan, objectives and strategy of the Company.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of the Company’s management for the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since beforeforward-looking statements and information relate to future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently expected due to a number of factors and risks. Therefore, readers should not place undue reliance onthe forward-looking statements and information contained in this press release. Readers are cautioned that the above list of factors is not exhaustive. The frontforward-looking statements and information contained in this press release are made as of the date hereof and no commitment is made to publicly update or reviseforward-looking statements or information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement.

NEO NEO EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER (AS DEFINED IN THE POLICIES OF NEO EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.


Source link

Share.

Leave A Reply