Acta S.p.A. ACTA First Orders Received for 1m3 Electrolyser Stacks

  Acta S.p.A. (ACTA) - First Orders Received for 1m3 Electrolyser Stacks

RNS Number : 1547P
Acta S.p.A.
22 October 2012






Press Release 22 October 2012



                                 Acta S.p.A.

                                      

                          ("Acta" or "the Company")

                                      

              First Orders Received for 1m^3 Electrolyser Stacks

                                      

Acta S.p.A. (AIM:  ACTA), the  clean energy  products company,  is pleased  to 
announce that it has received the first two orders for its 1m^3/hour  hydrogen 
generator stack. This is largest  electrolyser stack unit currently  produced 
by Acta, and is sold at a list price of €9,500 each.

The first  of the  orders is  from the  Spanish National  Research Centre  for 
Energy, Environment and Technology (CIEMAT).  The centre is a public  research 
organisation and part  of the  Spanish Ministry of  Research, Development  and 
Innovation. It  focuses primarily  on environmental  and energy  technologies, 
working  closely  with  other  national  R&D  institutions,  universities  and 
companies to  support  the  industrial application  of  technologies  for  the 
achievement of environmental and social objectives.

The second order is from a  German electrolyser manufacturer which is  seeking 
to integrate Acta's hydrogen generator stack into its product range.



Deliveries of these two orders are  scheduled for December 2012 and the  Board 
believes  that  the   two  customer   evaluations  due  to   be  carried   out 
simultaneously by the national research institution and an industrial customer
will  provide  important  technical   and  commercial  validation  of   Acta's 
breakthrough  technology  and   may  give  rise   to  significant   commercial 
opportunities. The Company  is currently negotiating  a number of  additional 
sales proposals for its 1m^3 electrolyser stacks.







                                   - Ends-









For further information please contact:



Acta S.p.A                            

Paul Barritt, Chief Financial Officer Tel: +39 050 644281

                                     www.actagroup.it

                                      
Altium Capital (Nominated Advisor)    Tel: +44 845 505 4343

Adrian Reed / Dominic Orsini          
Seymour Pierce Limited (Broker)       Tel: +44 (0)20 7107 8000

Mark Percy / David Banks              

                                      



Media enquiries:



Abchurch Communications Limited                 Tel: +44 20 7398 7712

Ashleigh Lezard / Shabnam Bashir / Jamie Hooper www.abchurch-group.com



Ashleigh.lezard@abchurch-group.com





Notes to Editors:



About Acta S.p.A.



Acta S.p.A.  is  a developer  and  manufacturer of  a  range of  clean  energy 
products.  Its  product   line  includes   market-leading  compact   hydrogen 
generators (electrolysers) which produce pure, dry and compressed hydrogen  in 
a way that is easy-to-use and completely safe, and the Company is committed to
integrating its award-winning electrolysers with renewable energy sources.



Acta's  cost-competitive   electrolysers  are   based  on   its   proprietary, 
inexpensive environmental  catalyst  and  hydrogen  conversion  technologies. 
These products help overcome the barriers to the adoption of fuel cells,  most 
notably the lack of a local hydrogen infrastructure.



Acta's  low-cost  hydrogen  generators  represent  a  unique  breakthrough  in 
electrolyser technology. They can operate  using mains power or  intermittent 
renewable energy, and produce clean, dry hydrogen already at pressure for  use 
in fuel  cell and  other applications.  This unique  combination of  features 
avoids the system complexity and energy  cost of further cleaning, drying  and 
compression of  the hydrogen,  resulting in  a simple,  compact, low-cost  and 
highly efficient  system that  is  ideally suited  for energy  conversion  and 
storage applications. In such applications, which include battery replacement
and renewable energy  storage, low cost  and high efficiency  are critical  to 
commercial viability, while hydrogen compression  is essential for the  energy 
density of the  system. No other  water electrolyser currently  on the  market 
offers this combination of benefits.



Acta is focusing on delivering its products to markets with high volume demand
for high-value environmental solutions  (transport, back-up power, energy  and 
leisure). It  is  accelerating  the commercialisation  of  its  products  via 
partnerships with original equipment  manufacturers (OEMs), distributors,  and 
agents in these sectors,  and intends to drive  down production costs at  high 
volume via contract manufacturing.



Acta S.p.A. is based near Pisa, Italy,  and was admitted to trading on AIM  in 
October 2005.



www.actagroup.it





About CIEMAT



Formed in 1951 as the Nuclear Energy Board (JEN), CIEMAT conducts R & D in the
area  of  energy.  At  present  the  main  lines  of  action  are  the  study, 
development, promotion and  optimization of various  energy sources  including 
renewables, fusion, fission and fossil fuels, the study of their impact on the
environment, and the development of new technologies, as well as key  research 
areas such as high energy physics and bio-medicine.



CIEMAT's mission is to contribute to sustainable development in Spain and  the 
quality of life  of its  citizens through  the generation  and application  of 
scientific and technological  knowledge, and  its objective is  to maintain  a 
position as a centre  of excellence in the  scientific and technical areas  in 
which it operates.



CIEMAT is geographically diversified with a team of some 1,400 people.  While 
a significant part of the staff is based at the headquarters in Madrid,  staff 
also work  in Andalusia  at the  Plataforma Solar  de Almería  (PSA), a  large 
internationally recognized scientific facility  in solar technologies; at  the 
Centre for Renewable Energy Development (ASSIGN) and the International  Centre 
for Environmental Law (Cieda) in Soria; at the Extremadura Center for Advanced
Technologies  (CETA)   located  in   Montreal;  and   at  Barcelona   at   the 
Sociotechnical Research Center (CISOT).



www.ciemat.es











                     This information is provided by RNS
           The company news service from the London Stock Exchange

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MSCMLBFTMBABBPT -0- Oct/22/2012 06:00 GMT