| Voller Energy
Group PLC (AIM:VLR), the leading commercial developer and manufacturer
of portable fuel cell systems, today announces it has signed a Memorandum
of Understanding (‘MOU’) with Calor Gas Limited (‘Calor Gas’). This
MOU is for an initial period of 2 years and then will continue indefinitely
unless terminated by either of the parties.
The agreement is for Voller Energy
and Calor Gas to work together to develop the market for fuel cell generators
and battery chargers, where the hydrogen that the fuel cells use is from
Calor Gas products.
Calor Gas is the UK’s leading supplier
of Liquefied Petroleum Gas (‘LPG’) with over 70 years’ experience in this
flexible and environmentally sensitive energy market. From 10,000
UK outlets, Calor Gas supplies around four million homes, businesses and
individuals who rely on Calor Gas for an enormous variety of applications.
Voller Energy is working on a fuel
cell technology which is fuelled by hydrogen derived from widely available
hydrocarbons such as butane or propane. Calor Gas is part of the Dutch
multinational SHV Gas, which is one of the world’s leading downstream suppliers
of LPG.
The collaboration benefits Voller
Energy with the unparalleled help, support and expertise of Calor Gas in
this important area of hydrogen production. In particular, the initial
scope of the joint development will be:
* Use of existing
Calor Gas products in fuel cell generators and battery charges
* Potential development
of new style canisters (possibly disposable) for use in fuel cell generators
and battery chargers
* Health and
safety considerations
Stephen Voller, CEO of Voller Energy
Group PLC, said:
“We are very excited by the potential
opportunities offered by the relationship with Calor Gas. They are
the ideal partner as we seek to develop portable fuel cells charged by
hydrocarbons. With over 10,000 outlets in the UK and a strong presence
in our key chosen markets this agreement offers both companies benefits
from the development of this important environmentally-friendly technology.”

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