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Source: scenta
 

Motoring manufacturer Volvo has signalled its intentions to pursue fuel cell technology by starting a joint development plan with the Swedish Energy Agency.

Together, they plan to invest SEK 200 M (£15.7m) in exploring and developing the technology.

The programme, which will mean the creation of around 100 new Swedish jobs, highlights the potential for fuel cells in motoring. The units, which resemble small batteries, are charged from hydrogen gas. This is then converted to electricity, water and carbon dioxide in a clean and efficient process.

The development will be carried out by Powercell Sweden AB, which is owned by Volvo Technology Transfer.
Speaking about the move Per Wassén, Investment Director at Volvo Technology Transfer and chairman of Powercell Sweden AB, said: “Thanks to our reformer technology we are now ready to start our production without having to wait for an infrastructure for the distribution of hydrogen gas. This is truly a major step in the development of fuel cells”.

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Source: scenta
Date Published: July 06, 2009
 
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