Loop Energy ships fuel cell system to Slovakia for hydrogen-powered minibuses
The US$ 1.9 fuel cell shipment agreement will be spread over the next two and a half years.
Loop Energy has announced the first shipment of its complete fuel cell system to Slovakia-based Mobility & Innovation As (M&I).
This is the first shipment under the previously announced commercial agreement signed in June 2021 between the two parties. This is around US$ 1.9 million commercial contracts spread over the next two and a half years.
Loop will supply a complete fuel cell system to implement into M&I’s 8-meter transit bus. In addition to the high-efficiency S300 fuel cell module, the solution includes a fully integrated cooling system designed to convert the thermal energy generated by an operating hydrogen fuel cell for bus heating, resulting 30% increase in the total usable energy output of the fuel cell system.
George Rubin, CCO of Loop Energy, said, “As communities across the globe focus their attention on replacing diesel with zero-emission alternatives, we are seeing a rapid increase in demand for hydrogen-powered mass transit vehicles.”
M&I is the developer of a lightweight and zero-emission city bus platform. M&I buses are lighter than comparable steel vehicles as they are manufactured with laminate composite materials. The fuel cell modules will further increase power density and fuel-efficient energy. The fuel cell system will also aid in the improved total cost of ownership for customers.