PowerCell signs MoU with ABB Power Grids regarding stationary fuel cell power solutions
PowerCell Sweden AB has signed a memorandum of understanding 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 monthsFollowing the joint development and licensing agreement with Robert Bosch GmbH regarding the PowerCell S3 fuel cell stack for the automotive segment last year, PowerCell Sweden AB has made a review of its strategic