TIDMACTA
RNS Number : 1514E
Acta S.p.A.
07 April 2014
Press release 7 April 2014
Acta S.p.A.
("Acta" or "the Company")
Acta Power Cube launched at Hannover Messe
Acta S.p.A. (AIM: ACTA), the clean energy products company is
delighted to announce the launch of its new Hydrogen Battery(TM)
product range, the Acta Power Cube, which will be on display at the
Hannover Messe technology trade fair from today until 11 April
2014.
The Acta Power Cube has been developed under the Company's
collaboration agreement with ReliOn Inc ("ReliOn"), one of the
largest fuel cell manufacturers in the world specialising in
back-up power systems, announced on 13 February 2014. The Acta
Power Cube is a compact, self-recharging fuel cell back-up power
system designed for mass-market applications in railway signalling,
telecommunications, transportation, security and government
sectors, such as the TETRA two-way radio system. Acta and ReliOn
believe that these applications represent a large addressable
market and have already identified a number of commercial
opportunities for sales of the system in the North American and SE
Asian markets.
The Acta Power Cube is based on Acta's patented electrolyser
technology for on-site hydrogen generation, eliminating the need
for hydrogen refuelling, and incorporates the ReliOn E-200 fuel
cell for high reliability and easy maintenance. It can be powered
from renewable energy for off-grid applications, or connected to
the electricity grid where available.
The product range has a power output from 200W to 1,100W, and
can be fed by tap water, rain water or air condensation. It is
available in indoor or outdoor versions with remote system
management software and is suitable for roof-top, urban, rural or
remote installation.
Paolo Bert, Chief Executive Officer, Acta, commented:
"This product has been designed to address the substantial
opportunity for small-scale back-up power and energy storage
systems in applications where traditional battery performance is
unsatisfactory. Following one year from the launch of the Acta
Power we believe that this new product range will accelerate the
take-up of fuel cell products in smaller, high-volume energy
storage applications."
Joe Blanchard, Chief Operating Officer, ReliOn, commented:
"We are excited to expand the reach of the E-200 through the
cooperation with Acta. The E-200 and the new Acta Power Cube
address the low power market segment being driven by the growth of
remote and distributed technologies requiring reliable back-up
power."
The new Acta Power Cube is launched today at the Hannover Messe,
the world's largest technology exhibition, in Hannover on 7-11
April, where it will be jointly promoted by Acta and ReliOn at
Acta's stand, Hall 27, Stand C75.
Hannover Messe - http://www.hannovermesse.de/home
Acta - http://www.actaspa.com/
For further information please contact:
Acta S.p.A. Tel: +39 050 644281
Paolo Bert, Chief Executive www.actaspa.com
Officer
Paul Barritt, Chief Financial
Officer
ReliOn Inc. Tel: +1 509 228 6553
Sandra Saathoff, Director Marketing www.relion-inc.com
Communication
Altium Capital (Nominated Advisor) Tel: +44 (0)845 505 4343
Adrian Reed / Dom Orsini
Cantor Fitzgerald Europe (Broker) Tel: +44 (0)20 7894 7000
Mark Percy / David Banks / Paul
Jewell
Media enquiries:
Kreab Gavin Anderson (Financial Tel: +44 20 7074 1800
PR)
Robert Speed / Christina Clark www.kreabgavinanderson.com
/ Ross Gillam
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 use of
rainwater and 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.actaspa.com
About ReliOn
ReliOn's continuous innovation in core technology has made it a
leader in the development and marketing of modular, scalable fuel
cell products for customers seeking solutions to critical backup
power applications. With more than 1,800 sites serving customer
equipment in 45 U.S. states and 36 countries, ReliOn customers
enjoy the benefits of high reliability, low operating costs and
easy maintenance. ReliOn products are tested or certified to
stringent standards from CSA, UL, CE, Telcordia NEBS and China TTL
Labs.
ReliOn fuel cells...simply powerful.
www.relion-inc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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