New order for Proton Motor fuel cell power plant “HyShelter®” | Appointment of new board member

Proton Motor Fuel Cell`s UK-based listed holding company, Proton Motor Power Systems plc, has announced the new order from the University of Stuttgart for a containerized fuel cell power plant with a capacity of up to 240 kW. The HyShelter® facility will be integrated into a large industrial hydrogen research site and is expected to generate electricity and feed power into the grid starting in the second quarter of 2024. This project fits well with the company’s market approach of offering turnkey solutions to its customers. Proton Motor’s vision is to help customers deliver carbon-neutral solutions for power and heat generation. In this context, the Proton Motor portfolio addresses applications such as uninterruptible backup power, peak shaving and off-grid charging infrastructure.

Appointment of Non-Executive Director

Proton Motor Power Systemsalso officially announced the appointment of Mr. Ali Naini (pictured) to the Company’s Board of Directors as a Non-Executive Director with immediate effect. Mr. Naini (age 56) is co-founder and Managing Director of Turquoise International Limited, one of the longest established financial advisors and investors in climate technologies in Europe.
Proton Motor CEO Dr. Faiz Nahab commented, “As we are uniquely positioned to benefit from the accelerated adoption of hydrogen fuel cells in multiple markets, we are pleased to welcome Ali Naini to the Board. Ali brings a wealth of financial and commercial experience in the CleanTech sector developed over a remarkable career, and we look forward to his wise counsel during this very exciting time for the company.”