Metacon AB subsidiary Helbio SA has received an order from Prudensco Ltd

/, Pressreleases/Metacon AB subsidiary Helbio SA has received an order from Prudensco Ltd

Metacon AB subsidiary Helbio SA has received an order from Prudensco Ltd

Metacon AB subsidiary Helbio SA has received an order from Prudensco Ltd (Bangalore, India) for two Prometheus-5 (P-5) units. One unit will function as an auxiliary power unit (APU) and will be based on biogas, the other unit will operate as a CHP and will be based on natural gas. One of the units will be supplied with water recovery system so that there will be no need for extra water supply during operation. The units will be installed in two major companies; one dealing with telecom services and the other with energy supply. The contract value to Helbio SA is not exceeding €100,000.

Xenophon Verykios, Helbio SA CEO said: “It’s is a pleasure to work with forward-thinking customers such as Prudensco Ltd. who primarily aims towards the telecom market which is currently served by diesel generators. In India there are hundreds of thousands of telecom stations in areas where there is no electricity network and even where electricity network exists it is rather week and unreliable. Therefore there is a huge market in India for our systems.”

Carl Christopher Tornblom, Group CEO of Metacon AB commented, “This order provides us with further confidence that our flagship product Prometheus-5 can meet the demands of the growing hydrogen market”.

 

For further information, please contact CEO Christopher Tornblom, phone +44 7827 509544 or e-mail  info@metacon.se


About Metacon AB (publ)
Metacon is an international energy technology company with base in Sweden and headquarters in Karlskoga, whose overall business idea is to commercialize small and medium size energy systems for the production of hydrogen, electricity and heat, primarily from biogas. Metacon’s systems have been developed to provide maximum benefits both for society, the environment and its owners.

This information is information that Metacon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:40 CET on 20 December 2018.

Download Press release »

2018-12-20T14:58:55+00:00December 20th, 2018|Metacon Newsroom, Pressreleases|

HEAD OFFICE

METACON AB , Dammbrovägen 1 , SE- 691 50 Karlskoga , Sweden

Phone: +46 586 740080

INVESTMENT CONTACT

Slavica Djuric, Economics &  IR

Phone: +46 76 765 47 33
Email: slavica.djuric@metacon.se