| CLEVELAND--HydroGen
Corporation (Nasdaq:HYDG), a designer and manufacturer of multi-megawatt
air-cooled phosphoric acid fuel cell (PAFC) systems, announced that the
Pennsylvania Energy Development Authority (PEDA) this week granted the
Company $500,000 to fund the design, manufacture, and installation of commercial
scale gas clean-up modules to validate the use of surplus hydrogen-rich
coke oven gas for commercial scale fuel cell power plants to produce electricity.
HydroGen will be working in cooperation with U.S. Steel's Mon Valley Works
plant in Mon Valley, PA.
"This award follows ongoing work
that HydroGen has been pursuing to develop waste gas clean-up technologies
that enable this gas to be used to generate power," said Greg Morris, HydroGen's
Senior Vice President of Projects. "There is a significant amount of waste
gas world-wide that is currently not utilized and this project will support
the introduction of our fuel cells as a viable means of generating electricity
in many industrial markets."
This PEDA award to HydroGen Corp.
is one of 24 clean energy projects in which the Commonwealth of Pennsylvania
is investing more than $11 million. The 24 projects will receive grants
for a variety of clean fuels and green power projects using sources such
as solar, fuel cells, biofuels, landfill gas, wind and biomass.
About HydroGen Corporation
HydroGen Corporation, through its
wholly-owned subsidiary, HydroGen, LLC, is a developer of multi-megawatt
fuel cell systems utilizing its proprietary 400 kW phosphoric acid fuel
cell (PAFC) technology. Advancing fuel cell technology originally developed
by Westinghouse Corporation, the Company targets market applications where
hydrogen is currently available and other drivers favoring the adoption
of fuel cells are present. |