Acta S.p.A. Acta Power to Trial in Philippines (0175K)
July 24 2013 - 3:03AM
UK Regulatory
TIDMACTA
RNS Number : 0175K
Acta S.p.A.
24 July 2013
Acta S.p.A.
("Acta" or "the Company")
Acta Power to Trial in Philippines
Acta S.p.A. (AIM: ACTA), the clean energy products company, is
pleased to announce that it has signed a contract with a new
customer for a trial of its Acta Power back-up power system for
telecommunications applications. The system is to be placed on
trial with a major mobile telecoms company at a telecom base
station located in the Philippines.
The Acta Power is a self-recharging back-up power system
incorporating a fuel cell and low cost on-board hydrogen
generation. It has been developed to meet the back-up requirements
of telecom base stations in off-grid or bad grid locations, by
avoiding the cost and logistical barriers of hydrogen delivery to
base stations in remote or inaccessible sites.
The trial will be undertaken in partnership with SMS Global
Technologies Inc. ("SMSGT"), a local technical support company and
system integrator specialising in telecommunications equipment and
solutions. SMSGT will be Acta's engineering and client services
partner and responsible for the installation and technical
management of the trial, as well as the commercial promotion of the
installed system.
The trial unit is due to be shipped shortly and will undergo
initial testing on site prior to the two-month live trial at a
telecom base station. Subject to the successful outcome of the
trial, the partners believe that a larger order will be placed by
the mobile operator for Acta Power systems to be installed as an
alternative to the methanol-based fuel cell systems currently being
trialled which have been found to suffer problems of methanol
logistics and theft.
Paolo Bert, Chief Executive of Acta, commented: "This is another
positive step forwards for the adoption of the Acta Power system.
Acta believes that this trial, with an important mobile operator in
the Philippines, will demonstrate that the Acta Power can compete
effectively not only with traditional diesel generator and battery
solutions, but also with other fuel cell back-up power systems
which lack the critical component of low-cost, on-site hydrogen
generation from water. Such systems still rely on the logistics of
bottled hydrogen or methanol and suffer the problems of fuel
delivery and theft which the Acta Power has been designed to
avoid."
- ENDS-
For further information please contact:
Acta S.p.A
Paul Barritt, Chief Financial Officer Tel: +39 050 644281
www.actagroup.it
Altium Capital (Nominated Advisor)
Adrian Reed / Dom Orsini Tel: +44 (0)845 505 4343
Cantor Fitzgerald Europe (Broker)
Mark Percy / David Banks Tel: +44 (0)20 7894 7000
Media enquiries:
Abchurch Communications Limited
Janine Brewis / Shabnam Bashir / Jamie Tel: +44 20 7398 7707
Hooper www.abchurch-group.com
About Acta S.p.A.
Acta S.p.A. is a developer and manufacturer of a range of clean
energy products. Based on its world-leading expertise in alkaline
membrane technology, the Company has developed a unique range of
low-cost, compact hydrogen generators (electrolysers) which produce
pure, dry compressed hydrogen at high efficiency from renewable or
grid power.
In April 2013 Acta launched the Acta Power, an integrated
electrolyser and fuel cell system for use in back-up power and
renewable energy storage applications. Best understood as a
"Hydrogen Battery", the system converts energy from renewable or
grid power when it is available and stores it in the form of
hydrogen, and then converts the hydrogen back to electrical power
when needed due to grid black-out or lack of solar / wind
power.
This system has extensive application as a back-up power unit
for telecommunications base stations, where it competes on cost
against traditional battery and diesel solutions while offering a
cleaner solution and better service. In particular the generation
of hydrogen on site removes the cost and logistical barriers of
fuel delivery, while also avoiding the theft risk associated with
diesel, methanol and battery systems.
The supply of fuel cell back-up power systems for
telecommunications base stations represents a large and
fast-growing market, especially in extensively bad-grid and
off-grid locations such as in Asia and Africa. Battery sales to the
Chinese telecoms industry are currently valued at $4.7 bn to $7.8
bn per annum (Fuel Cell Today, China).
Acta holds a portfolio of patents and patent applications on its
key technologies, manufactures its products through a combination
of production, component subcontracting, and final product assembly
and quality control, and has established distribution channels
through partnerships in China, India, SE Asia, Australia, Africa,
Middle East, Germany, UK, USA and South America.
Acta S.p.A. is based near Pisa, Italy, and was admitted to
trading on AIM in October 2005.
www.actagroup.it
About the Acta Power
The Acta Power is a modular system available with a 2kW or 4kW
power output and with a 500 L/h or 1,000 L/h hydrogen generator. It
includes a flexible, wireless GSM communication module for remote
management, control, alarm and assistance, and incorporates an
award-winning fuel cell system. The Acta Power produces compressed
hydrogen directly from renewable energy and is designed to replace
diesel gensets which are traditionally used to provide back-up
power at remote telecom sites.
Since up to 50% of a base station's operating cost is energy and
in many emerging markets operators struggle with diesel theft and
difficult access to remote sites, the system can offer a cleaner
and more reliable back-up solution while saving money for the
mobile operator.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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