Franklin wins grant from Penn energy developer
- Publisher
- Elsevier Science
- Year
- 2006
- Tongue
- English
- Weight
- 74 KB
- Volume
- 2006
- Category
- Article
- ISSN
- 1464-2859
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✦ Synopsis
Agni invests in
European manufacturing facility M alaysian-based Agni Inc will invest 65m (US$77m) over the next three years to establish a European manufacturing facility in Portugal which will primarily focus on the production of clean energy technology equipment. The products include fuel cells, fuel reformers, HyPwr™ hydrogen power modules, and multi-MW IFCE (integrated fuel cell engine) systems. Up to 225 jobs will be created at the new site, in Montemor-o-Velho, by the time it is fully operational in 2009, according to the Portuguese newspaper Jornal de Negocios.
Agni reports that it has closed 39 MW worth of orders for its hydrogen power module and IFCE technologies, and is currently experiencing demand in excess of 500 units per month for its micro trigeneration systems, Navitas and Energia.
The company is a leading developer of alternative energy technologies, with products including fuel cells, hydrogen power systems, micro CHP systems, fuel reformers, biofuels, gasifiers, and biomass-derived gasoline and diesel synthesis.