Three Companies Join to Create Hydrogen Storage Firm

HERA Hydrogen Storage Systems, Inc to develop and market hydrogen storage products using metal hydrides.

Published: 08-Feb-2002

MONTREAL, Quebec (CA) Three companies involved in hydrogen energy have received regulatory approval for a new company, HERA Hydrogen Storage Systems Inc, to develop and market hydrogen storage products using metal hydrides.

GfE Gesellschaft für Elektrometallurgie in Germany, Hydro-Québec CapiTech in Canada and Shell Hydrogen say their new company is in full operation and offers customers various solutions for hydrogen storage needs, based on a portfolio of metal hydride storage technologies. HERA says it can provide standard hydride alloys, storage tanks or storage systems, or work with customers to develop a custom fit solution to meet specific requirements.

Don Huberts, CEO of Shell Hydrogen and Jean-Rene Marcoux, CEO of HQ CapiTech, are "happy that all preparations have been finalized and that we have approval from the European Commission." They are confident that HERA will be a "major factor in the developing global efforts to provide clean alternatives" to fossil fuel power generation systems.

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