RCS - Proton Motor Power - Completion of follow-on order from DB Bahnbau

Proton Motor Power SystemsAnnouncement

04/06/2024 07:00

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RNS Number : 9318Q  Proton Motor Power Systems PLC  04 June 2024

Reach announcement - non-regulatory

 

4 June 2024

 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

 

Successful completion of follow-on order from DB Bahnbau Gruppe

 

Proton Motor Power Systems plc (AIM: PPS), the designer, developer and
producer of fuel cells and fuel cell electric hybrid systems with a
zero-carbon footprint, is pleased to announce the successful delivery and
completion of its follow-on order from DB Bahnbau Gruppe GmbH (the
"Customer"), a subsidiary of Deutsche Bahn AG, the operator of the German Rail
network, details of which were originally announced on 13 July 2023. The
Company has delivered to the Customer a complete hydrogen fuel cell emergency
power system which has now passed the site acceptance test, customer handover,
and serial and operational approval.

 

The completion of this follow-on order represents the first fuel cell
emergency power system under the Customer's brand name EnerRail H024 and has a
rated power output of 24 kW. The completion of this follow-on order comes
after five years of real-world testing and validation by the Customer and
follows the cooperation agreement signed between Proton Motor and the Customer
in 2015, under which 23 systems have already been delivered for various
emergency power applications.

 

The systems delivered to the Customer include an indoor plug and play
HyCabinet S24 fuel cell system, a master control cabinet, a battery storage
cabinet, a DC/AC converter for 400 VAC ("Volts Alternating Current") output
voltage and a gas storage unit for 48 hours' worth of back-up time.
The HyCabinet S24 fuel cell system is made of three fully redundant
HyModule® S8 systems.

 

Additionally, the successful site acceptance test for the delivered system has
resulted in Proton Motor receiving serial and operational approval from DB
InfraGO, a state-owned railway infrastructure company operated by Deutsche
Bahn AG, providing further scope for securing additional orders.

 

The system was delivered on 24 April 2024 and installed at a railway control
centre in the greater Berlin area. On 16 May 2024 the system passed the site
acceptance test and was handed over to the Customer.

 

Dr. Faiz Nahab, CEO of Proton Motor, said:

 

"The successful completion of this follow-up order from DB Bahnbau Gruppe is
further evidence of the Company's progress in commercialising its proprietary
hydrogen fuel cell technologies and reaffirms Proton Motor's leadership in the
sector. We look forward to continuing to work further with DB Bahnbau Gruppe
to provide them with zero-emission hydrogen fuel cell solutions as Deutsche
Bahn look to phase out diesel generators by 2026."

 

 Image 1: The components of the delivered system

 

 Image 2: System layout and view after installation at the German Rail
location

 

 

For further information:

 

 Proton Motor Power Systems Plc
 Dr Faiz Nahab, CEO
 Roman Kotlarzewski, CFO                              +49 (0) 173 189 0923
                                                      www.protonpowersystems.com
 Allenby Capital Limited
 Nominated Adviser & Broker                           +44 (0) 20 3328 5656
 James Reeve / Vivek Bhardwaj

 Celicourt Communications
 PR Adviser                                           +44 (0) 20 7770 6424 / protonmotor@celicourt.uk
 Mark Antelme / Philip Dennis /

 Charlie Denley-Myerson

 

About Proton Motor

 

Proton Motor has 25 years of experience in Power Solutions using CleanTech
technologies such as hydrogen fuel cells, fuel cell and hybrid systems with a
zero carbon footprint. Based in Puchheim near Munich, Proton Motor develops
and produces standard Products as well as customised solutions.  The focus of
Proton Motor is on stationary solutions, as well as heavy-duty, marine and
rail applications.  The product portfolio consists of base-fuel cell systems,
standard complete, as well as customised systems.

Proton Motor Fuel Cell GmbH is a wholly owned subsidiary of Proton Motor Power
Systems plc. The Company has been quoted on the AIM market of the London Stock
Exchange since October 2006 (code: PPS).

 

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