Langley Acquires GKN Hydrogen.
Langley Holdings has acquired GKN Hydrogen, the Italian Hydrogen Storage and Power-to-Power specialist, from Dowlais Group.
Based in Pfalzen, northern Italy, with subsidiaries in Germany and the USA, GKN Hydrogen is pioneering a ‘frontier technology‘ for the safe storage of hydrogen.
Formerly part of GKN Powder Metallurgy, a division of Dowlais Group plc, the company has brought together materials science and engineering to create advanced metal hydride compounds. The technology captures and stores hydrogen in a solid state form at x 16 the density of compressed hydrogen gas without degradation for up to 30 years, according to company literature.
Hydrogen is converted back to a gas when required by heating the hydride to 60°C (140°F). The company has proven the system over 7,000 charge / discharge cycles with 99% efficiency.
Anthony Langley, Chairman & CEO, Langley Holdings plc:
This acquisition underscores Langley Holdings’ strategic focus on sustainable energy solutions and commitment to a greener future.
GKN Hydrogen becomes part of Langley ‘s Power Solutions Division. During the integration process, Langley Holdings will work closely with the GKN Hydrogen management team to ensure a smooth transition of the business.
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Langley Acquires GKN Hydrogen. source