Metacon AB today announced the signing of a non-exclusive distribution agreement in Japan with the company Notes Co. Ltd., Nagano for its Combined Heat and Power (CHP) product H2PS-5. The agreement is made through Metacon’s subsidiaries Metacon KK in Japan and Helbio SA in Greece.
Notes is a company active in the electronics and energy sector in Japan. Notes brings valuable experience from relevant high-technology areas such as electronics equipment and manufacturing of small-scale solar power generation systems in Japan. Notes will take on a key role for Metacon in both selling and supporting the H2PS-5 products after sales in Japan. The agreement follows a longer evaluation and collaboration phase between the companies. A new H2PS-5 unit has been manufactured at Metacon’s Helbio site in Greece and will be shipped to Japan during September for local customer demonstration purposes.
Mr. Ogihara, President of Notes said in a statement: “Notes want to enter the fast-growing hydrogen market in Japan and see great potential for the H2PS-5 product. The fit with growing market needs and our plan to build model cases for energy, targeting hydrogen-based regional development, is excellent”.
Christer Wikner, President and CEO of Metacon commented: “We are delighted to close this partnership with Notes. Japan is one of the global front-line markets in the hydrogen sector and a key market for Metacon moving forward. With Notes, we now have a very competent local partner both for sales and for ensuring quality support and customer satisfaction during market introduction and beyond”.
For further information, contact CEO Christer Wikner, phone +46 707-647389 or firstname.lastname@example.org.
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 15:00 CET on August 20, 2021.
About Metacon AB (publ)
Metacon AB (publ) develops and manufactures energy systems for the production of hydrogen, heat and electricity. The products are based on patented technology that produce hydrogen through reforming of biogas or other hydrocarbons, developed at the fully owned subsidiary Helbio in Greece, founded by Professor Xenophon Verykios in 2001. catalysts and advanced reforming solutions for highly efficient hydrogen production. Hydrogen can be used in the transportation sector, industry and the real estate sector with a better environment and climate as a result. Through its associated company Water2H2, the market is also offered systems for the production of hydrogen through electrolysis.
Notes Co. Ltd is a Japanese incorporated company based in Nagano. Notes is active in different high-tech sectors such as manufacturing of semiconductor control equipment and small-scale solar energy systems.