PowerCell Sweden AB has received a follow-on order for two 100 kW fuel cell systems from a global U.S. agriculture equipment manufacturer. The systems will be used for further tests of electrification of tractors using fuel cells and hydrogen and will be delivered during the fourth quarter 2021.
The fuel cell system has been developed for an electrification of, among other things, vehicles within the off-road segment, for example, material handling equipment, construction equipment and various other types of vehicles such as agriculture equipment.
The off-road segment requires reliable operation, high power output and flexibility but also a good ability to withstand shocks and vibrations. The current follow-on order has been placed by a major U.S. manufacturer of agriculture equipment and the systems will be used for additional testing of an electrification of tractors using fuel cells and hydrogen.
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About PowerCell Sweden AB (publ)
PowerCell Sweden AB (publ) develops and produces fuel cell stacks and systems for stationary and mobile applications with a world class energy density. The fuel cells are powered by hydrogen, pure or reformed, and produce electricity and heat with no emissions other than water. As the stacks and systems are compact, modular and scalable, they are easily adjusted to any customer need.
PowerCell was founded in 2008 as an industrial spinout from the Volvo Group. The share (PCELL) is since 2014 subject to trade at Nasdaq First North Growth Market, Stockholm. G&W Fondkommission is Certified Adviser, e-mail: ca@gwkapital.se, phone: +46 8 503 000 50.
PowerCell recieves follow-on order for two fuel cell systems from global U.S. agriculture equipment manufacturer, 01 April 2021
