PLAGAZI AB (PUBL) AND POWERCELL AB (PUBL) INITIATES COLLABORATION FOR KÖPING HYDROGEN PARK, VIA ORDER OF PRE-STUDY
Plagazi AB (publ) (“Plagazi” or the “Company”) has contracted PowerCell Sweden AB (publ) (“PowerCell”) to conduct a pre-study investigating the feasibility to utilize PowerCell’s innovative fuel cell technology in Köping Hydrogen Park. PowerCell Sweden offers the most compact and robust fuel cell systems on the market which can be utilized as a sustainable back-up generator for Köping Hydrogen Park or as a converting mechanism to enable Plagazi to sell green electricity produced from green hydrogen, directly to the power grid while also providing district heating to the municipality of Köping.