PowerCell Sweden has received a major order from a company aiming to develop fuel cell powered vehicles for the Chinese market.
Preem and Vattenfall have signed a three-year agreement. The agreement provides increased collaboration between companies around fossil-free hydrogen for biofuel production, electrification and electricity supply.
PowerCell Sweden is opening its first sales office in China to better meet the “strong increase” in fuel cell technology in the Chinese market.
Bosch has signed an agreement with PowerCell Sweden to jointly mass produce hydrogen fuel cells for the automotive segment.
PowerCell has received an order from China fuel cell energy company, CFC, priced at SEK 3.8m (€3.6).
Atlas Copco has acquired PSI Compressors of Brockville Incorporated.
PowerCell Sweden has received a SEK 2m ($215,500) order from a leading German car manufacturer for tests of fuel cell stacks.
Atlas Copco has acquired French compressor distributor S.A.S Air Diffusion.
Construction is set to begin on a “world-unique test facility” which is a key component of what will be the world’s first fossil-free hydrogen-powered steel plant.
Atlas Copco has acquired Class 1 Incorporated. The company offers design, manufacturing, installation, distribution and service of medical gas solutions in Canada.
