Greg McCray has been appointed chief executive of clean power company ACAL Energy to commercialise its hydrogen fuel cell invention.
ACAL Energy claims its fuel cells are cheaper, smaller, and more durable than any other hydrogen fuel cells on the market currently thanks to its patented catalyst and cell architecture.
Fuel cell costs are high typically because platinum is an integral component. ACAL Energy-designed fuel cells use 80% less platinum.
After eight years of R&D investment, the company is now ready to license its technology to major automotive manufacturers and companies in the stationary power industry.
McCray’s main role at ACAL Energy will be to begin the mass-market deployment of ACAL Energy’s new fuel cell technology, via licensing agreements with the automotive industry.
He will lead the company through its next round of funding and product trials with partners in the automotive and stationary power industries.
He said: “The clean power sector is on the crest of a new wave of technology innovation. Hydrogen fuel cells are an important part of that wave and commercialising hydrogen power will mean we break our reliance on fossil fuels.
"The future looks very exciting as auto-makers and power-hungry industries, such as manufacturing, explore hydrogen as an alternative fuel source.”
hydrocell man - 23/02/2013 07:45
That's funny because midtech energy fuel cells use absolutely no platinum and work just fine.