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Sweden : POWERCELL wins loan to set up fuel cell system.

The Swedish Energy Agency has granted a SEK10m loan to energy technology firm PowerCell to develop a next generation fuel cell system.

The company is setting up the PowerPac generator which uses diesel fuel to generate electricity. The power generator generates no toxic emissions because of the controlled catalytic process in the reformer. The noise level will be lowest due to the non occurrence of combustion and the company asserts that the diesel fuel's high energy content makes it ideal for remote power stations.

According to PowerCell, the generator will have a bolstered life-span of the stack and the reformer along with a reduced production cost. The unit produces around 3kW of electric power and can be optimized for several applications and markets, as well as offer clean power using existing fuel.

PowerCell Sweden CEO Magnus Henell commented "We expect that the interest for the next generation of PowerPac to be huge within the telecommunications and transport sectors globally, as these industries need to significantly reduce their operating costs. PowerPac can help achieve this with a power solution that is clean, durable and compatible with increasingly stringent environmental laws."

PowerCell is a spinout from the Volvo Group with the focus to set up and produce environmentally friendly power systems based on a fuel cell and reformer technology that matches the existing fuel infrastructures.

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Publication:Mena Report
Date:Oct 9, 2014
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