Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Fuel-cell developer Proton Power Systems said it had officially inaugurated a new fuel-cell stack assembly plant in Germany.
The manufacturing machine was delivered to Munich-based subsidiary Proton Motor Fuel in the early summer.
'With the only stack robot in Bavaria, Germany, Proton will be able to increase production capacity up to at least 5,000 stack units per annum,' the company said.
;With further moderate investment, the robotic unit will be able to produce 30,000 stack units per annum.'
'This milestone in the company`s more than 20-year-history is a response to the increasingly heavy demand from industry for hydrogen fuel cells, which is clearly reflected in Proton´s current cooperation agreements and strategic partnerships.'
At 9:21am: (LON:PPS) Proton Power Systems PLC share price was 0p at 21.5p