Business Services Industry
NBG Technologies, Inc. Signs Agreement With Long Island Power Authority to Demonstrate Residential PEM Fuel Cell
Business Wire, Jan 25, 2001
Business Editors
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Jan 25, 2001
Major New York Electric Power Supplier Is The First U.S. State
Utility To Test H Power Corp. Residential Fuel Cell System
NBG Technologies, Inc. (NBG) has signed a contract with the Long Island Power Authority (LIPA) to install, demonstrate and evaluate a proton-exchange membrane (PEM) residential cogeneration fuel cell system developed by H Power Corp. (NASDAQ: HPOW), a leading fuel cell manufacturer.
The fuel cell system, which is powered by hydrogen derived from natural gas, will be installed on a site to be named by LIPA on Long Island. During this yearlong program, NBG will supply the fuel cell system that will provide 4.5 kilowatts of power and will demonstrate, among other things, grid connectability.
Bernard I. Rachowitz, president of NBG Technologies, Inc., commented, "This is a significant milestone for NBG and LIPA, two Long Island based organizations working together to assure that clean affordable alternative energy is available for all Long Islanders. This is an important installation for H Power's PEM fuel cell which is now being tested in a number of locations around the world."
The test and demonstration phase will be conducted over a six month period, during which time an evaluation of the fuel cell system's capability for various applications on Long Island will be determined.
NBG Technologies, Inc. is a Long Island-based Hi Tech Engineering/Manufacturing firm located at 933 Motor Parkway in Hauppauge, N.Y. 11788. NBG's products and services include fuel cell integration, fuel cell system components as well as Electro Magnetic Forming and Pulse Welding, two leading edge technologies used to permanently join metallic to metallic and metallic to non-metallic components.
[pilcrow (paragraph sign)] H Power Corp. is a leading fuel cell manufacturer of proton exchange membrane fuel cell systems.
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