Metacon gets order; Hexagon buys Wystrach; Hybrid Energy makes hydrogen FC technology
Metacon sees the order as an entry as s supplier to the fast-emerging battery-electric vehicle market worldwide.
Metacon, through its Helbio has received the first order for its ethanol-to-hydrogen reformer system from Swiss company WattAnyWhere for use in off-grid EV charging systems.
The reformer will be used in WattAnyWhere’s off-grid biofuel-to-EV charging station, which is under development. The order value is € 58k. WattAnyWhere’s solution brings an alternative and complementary way of creating fast electric vehicle charging without the need for grid re-build or upgrades. Using existing renewable fuels such as ethanol, the WattAnyWhere stations aims at enabling green, off-grid EV charging both in new places and at existing gas stations. Metacon’s Helbio unit has significant experience and will develop and manufacture the core reforming unit converting ethanol to hydrogen for further processing in fuel cells to create electricity for charging.
In a separate development, Hexagon Purus ASA has completed the 100% acquisition of Wystrach GmbH (a leading European systems and solutions provider for the storage and transport of compressed gases). The company issued 4,444,430 new shares of Hexagon Purus at a subscription price of NOK 33.4343/share to Wystrach as part of the consideration for the shares of Wystrach.
Meanwhile, Canadian innovator Hybrid Energy Inc. has produced a hydrogen fuel cell-focused technology combining the advantages of fuel cell technology and battery power into a hybrid power source. Hybrid Energy’s technology merges two concepts into one, setting the standard for a less expensive technology that offers extended run-times, reduced refuelling times, reduced battery size, weight & cost, and regenerative braking, all with performance to spare.
