Clean Air Power Limited US Dual-Fuel Product Achieves EPA Certification (2146E)
February 06 2015 - 2:00AM
UK Regulatory
TIDMCAP
RNS Number : 2146E
Clean Air Power Limited
06 February 2015
6 February 2015
Clean Air Power Limited
("Clean Air Power")
US Genesis EDGE Dual-Fuel(TM) Product Achieves EPA
Certification
Further to the announcement on 17 December 2014, Clean Air Power
(AIM:CAP), the developer and global leader in compression-ignited
natural gas engine systems for heavy duty vehicles is pleased to
announce that it has received a Certificate of Conformity from the
United States (US) Environmental Protection Agency (EPA) for its US
Genesis EDGE Dual-Fuel(TM) product.
The certificate confirms that Clean Air Power's Dual-Fuel engine
meets EPA emissions requirements and is valid in 49 of the 50 US
states. A separate application has been submitted to the California
Air Resources Board.
Clean Air Power is now working to complete the commercial
development and finalise logistical preparations ahead of
commercial launch.
John Pettitt, Chief Executive of Clean Air Power, said: "I am
delighted that we are now in the final stages of our preparations
for the commercial launch of our Genesis EDGE Dual-Fuel(TM) product
in the large and rapidly growing US market. Achieving EPA emissions
certification is a major hurdle overcome."
Enquiries:
Clean Air Power Tel: +44 (0)1772
624 499
John Pettitt, Chief Executive
Officer
Neill Skinner, Chief Financial
Officer
Citigate Dewe Rogerson Tel: +44 (0)20
7282 2867
Malcolm Robertson
Chris Gardner
Panmure Gordon Tel: +44 (0)20
7886 2500
Corporate Finance
Freddy Crossley / Atholl Tweedie
Corporate Broking
Tom Salvesen
Peat & Co Tel: +44 (0)20
3540 1721
Charlie Peat
About Clean Air Power
Clean Air Power designs, develops and delivers
compression-ignited natural gas engines for heavy duty transport
applications. Clean Air Power's patented MicroPilot and
Dual-Fuel(TM) technology enables engines to run on natural gas
mixed with diesel (or any suitable combustion fuel) providing the
"spark" that ignites the gas. Substituting natural gas for diesel
cuts fuel costs, emissions of carbon, nitrous oxide and
particulates whilst retaining the original engine's power,
efficiency and reliability characteristics. Clean Air Power
operates in the US, Europe, Russia and Australia and has two
commercial divisions:
Dual-Fuel(TM) Vehicle Systems
Delivery of patented Dual-Fuel(TM) systems which include
fully-interfaced systems developed in partnership with truck
manufacturers and the Group's Genesis-EDGE system, developed
in-house as an after-market solution. Dual-Fuel(TM) is a type of
system that adapt diesel engines to run on a combination of diesel
and natural gas whilst retaining engine's basic infrastructure. The
Division sells systems to truck manufacturers for on-line assembly,
approved partners for after-market installation or direct to
customers through its own installation facilities. The Division
also undertakes design and development work for governments and
truck manufacturers on Dual-Fuel(TM) and next-generation MicroPilot
systems.
Components
Design and manufacture of innovative hydraulic valves, injectors
and filters for natural gas engines sold to truck manufacturers
around the world.
Initially founded in the USA in 1991, around GBP50m has been
invested in developing the technology with the result that 69
patents are currently held or pending. The holding company of the
Group is based in Bermuda with operational subsidiaries in the UK,
the USA and Australia. The Group was admitted to the AIM market of
the London Stock Exchange in February 2006.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBCGDDXBGBGUU
Clean Air (LSE:CAP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Clean Air (LSE:CAP)
Historical Stock Chart
From Jul 2023 to Jul 2024