Hydrogen fuel cell company Intelligent Energy has raised $13.6 million from a recent round of private funding.
The funds will be used to provide for Intelligent Energy’s growth plans as it moves towards commercialization of its hydrogen fuel cell technology in applications across a range of global target markets.
Intelligent Energy has delivered a series of fuel cell power systems in recent months to validate its claims as a leading innovator of clean fuel and power technologies for the new energy economy, including the Suzuki Crosscage fuel cell motorcycle, the H2Origin, a fuel cell electric hybrid delivery vehicle developed with PSA Peugeot Citroën, and the world’s first manned fuel cell powered aircraft, in a partnership with Boeing Research & Technology Europe.
In addition, Intelligent Energy and Scottish & Southern Energy recently formed a joint venture to provide hydrogen fuel cell combined heat and power (CHP) systems for domestic and business users in the UK and Ireland.
Furthermore, Intelligent Energy has recently been selected as a lead partner on a project that aims to deliver fuel cell powered taxis for London in time for the 2012 Olympics, in a collaboration part-funded by the UK’s Technology Strategy Board.
About Intelligent Energy
Intelligent Energy is a fuel cell power systems company, with a range of fuel cell, fuel purification and hydrogen generation technologies. The company is focused on the provision of cleaner power and low carbon technologies. Intelligent Energy partners with leading companies globally, in the transportation, oil and gas, aerospace, defence, distributed generation and portable power markets.
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