New York, NY (1888PressRelease)
July 12, 2008 - Stockhouse reports that Hydrogenics Corporation (TSX: HYG) (NASDAQ: HYGS), a designer and manufacturer of hydrogen electrolyzers and fuel cell systems, today announced that it has been selected to provide a hydrogen electrolyzer and fuel cell for the new Renewable Hydrogen Research and Demonstration Centre at the Baglan Energy Park.
Hydrogenics will provide its HySTAT-10 electrolyzer driven by wind turbines for the production of hydrogen, which will then be used to power a Hydrogenics fuel cell power module. The hydrogen will also be used to fuel hydrogen fuel cell vehicles, including a delivery van and a shuttle bus previously integrated with a Hydrogenics fuel cell power module.
Hydrogenics was selected through Air Liquide Advanced Technologies, specializing in cryogenics and gas engineering. With more than 40,000 employees in 75 countries, Air Liquide is a leading worldwide company in producing industrial and medical gases and related services.
The alternative energy sector is a developing theme for investors as the world seeks new sources of affordable energy .
Hydrogenics was up over 13 percent with more than 2.3 million shares traded as of this report.
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