Regulatory Filings • Oct 9, 2014
Regulatory Filings
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Press release
McPhy Energy and its partner Ecisgroup will provide their turnkey hydrogenbased cooling solution for a power plant built by Daewoo in Algeria.
La Motte-Fanjas, October 9 th , 2014 - McPhy Energy, specialised in hydrogen-based solutions for energy storage and industrial applications, and Ecisgroup, an Italian engineering company that provides technological solutions for petroleum, gas and energy industries, have won their first joint contract.
Under its terms, the two partners will equip the alternator of the power plant built by the South Korean group Daewoo E&C in Algeria with a hydrogen cooling system. This 1,200 MW combined cycle power plant will be commissioned in early 2015.
To address the thermal power generation markets, McPhy Energy and Ecisgroup have developed a turnkey solution that includes McPhy Energy H2 on-site equipment and Ecisgroup integration expertise.
"This joint contract with Ecisgroup opens up our industrial hydrogen activity to the promising new market of power plant cooling. We are very pleased with the work done with Ecisgroup which benefits of a strong integration expertise in this field", said Pascal Mauberger McPhy Energy's Chief Executive Officer.
McPhy Energy, a leading developer of hydrogen-based solutions, was founded at La Motte Fanjas (Drôme) in France in 2008. The company draws on its exclusive technique for storing hydrogen in solid form and its years of experience in producing hydrogen through water electrolysis to design and manufacture flexible storage and production equipment.
McPhy Energy markets easy-to-use, environmental-friendly solutions combining unique safety features and energy independence to over 1,000 clients in the renewable energy, mobility and industry sectors.
The Group has three production sites in France, Germany and Italy and a R&D laboratory in France.
Since 25 March 2014, McPhy Energy is listed on NYSE Euronext Paris (Segment C, code ISIN: FR0011742329; ticker: MCPHY).
www.mcphy.com
Calyptus Marie-Anne Garigue Tel: + 33 1 53 65 68 63 [email protected]
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