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Epic IDA
Time: 16:30:09
Mid Price: 71.00
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 92.50
Fifty Two Week Low: 71.00
Market Capital: 36.50
Period & price data
Period Price
Now: 71.00
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Cleantech and Renewable Energy
Epic: IDA
News: Latest news
Web Site: Idatech
Other Articles: 04-12-200916-11-200920-10-2009

Idatech

IdaTech is a leader in the development and manufacturing of clean and reliable proton exchange membrane fuel cell products for telecommunications, commercial and industrial backup power from 250W to 15 kW.

Thursday, July 02, 2009

IdaTech says fuel cell generators pass tests at Indian partner ACME

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US fuel cell backup generator maker IdaTech PLC (AIM: IDA) said its hydrogen-powered ElectraGen unit has passed specification testing at its Indian contract partner ACME Telepower Group, thus clearing the way for deployment of the generators in the Indian telecommunications market.

The initial batch of  310 ElectraGen H2 units will be installed by ACME ahead of the deployment of the natural gas fueled fuel cell systems, due to commence in 2010.

As previously announced, significant advancements in its proprietary technologies will allow IdaTech to produce more robust and significantly more cost effective integrated fuel cell systems by 2010. The first of these products to be launched will be the natural gas fuelled system for deployment in early 2010 under the ACME contract, 9,690 systems in all, taking the number of generator units sold to ACME to the agreed number of 10,000. 

IdaTech and ACME signed a fuel cell generator supply agreement in 2008.

IdaTech CEO Hal Koyama said: “Passing this (the tests) and securing the purchase order for the first 310  ElectraGen H2 validates the robustness of the product and ACME's commitment to the program.  Our system integration skills and real world field experience, gained from the 150 systems we have already deployed (elsewhere), have proved invaluable to ensuring the success of the ElectraGen H2.”

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