INNOTEST AG AND BRAND HOME POWER

Loop Energy Fuel Cells to Power Buildings for the First Time in Agreement With Innotest AG

Retrieved on: 
Thursday, March 17, 2022

Loop Energy (TSX: LPEN), a designer and manufacturer of hydrogen fuel cell-based solutions, announces a commercial agreement with Innotest AG, a Switzerland-based developer of stationary power systems.

Key Points: 
  • Loop Energy (TSX: LPEN), a designer and manufacturer of hydrogen fuel cell-based solutions, announces a commercial agreement with Innotest AG, a Switzerland-based developer of stationary power systems.
  • The agreement provides the opportunity for Loop Energy's eFlow technology to power buildings in Europe for the first time.
  • Innotest has committed to purchase one Loop Energy S300 (30 kW) fuel cell system for integration into its Home Power Energy System.
  • Innotest plans to offer the Home Power Energy System in Switzerland and ultimately expand into other European markets.