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PowerCell signs MoU with ABB Power Grids

PowerCell signs MoU with ABB Power Grids

PowerCell Sweden has signed a Memorandum of Understanding (MoU) with ABB Power Grids regarding a collaboration around fuel cell based zero emissions stationary power solutions.

The aim of the cooperation is to leverage the companies’ existing technologies to jointly develop a complete solution for the market.

A final agreement is expected to be reached within approximately 12 months.

Following the joint development and licensing agreement with Robert Bosch regarding the PowerCell S3 fuel cell stack for the automotive segment last year, PowerCell Sweden has made a review of its strategic prioritisations and decided to increase its focus on the stationary segment.

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