Swedish Energy Agency has approved loan to energy technology firm PowerCell to develop a next generation fuel cell system.
The SEK10m loan will be used in the development of PowerPac generator which utilizes diesel fuel to generate electricity.
The power generator produces no toxic emissions because of the controlled catalytic process in the reformer.
PowerCell claims that the noise level will be minimum due to the non occurrence of combustion and the diesel fuel’s high energy content makes it ideal for remote power stations.
The generator will have an increased life-span of the stack and the reformer as well as a reduced production cost, PowerCell said.
The unit, which generates around 3kW of electric power, can be optimized for several applications and markets, and deliver clean power using existing fuel.
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By GlobalDataPowerCell Sweden CEO Magnus Henell said: "We expect that the interest for the next generation of PowerPac to be huge within the telecommunications and transport sectors globally, as these industries need to significantly reduce their operating costs.
"PowerPac can help achieve this with a power solution that is clean, durable and compatible with increasingly stringent environmental laws."
PowerCell is a spinout from the Volvo Group with the objective to develop and produce environmentally friendly power systems based on a fuel cell and reformer technology that matches the existing fuel infrastructures.
Based in Gothenburg, Sweden, PowerCell is owned by Volvo Group Venture Capital, Fouriertransform, Midroc New Technologies and Finindus.