ACAL Energy
ACAL Energy have developed a new world leading fuel cell technology that could mean vehicles powered by hydrogen powered fuel cells will at last be affordable enough for the mainstream market place – enabling the emergence of a global industry estimated to be worth over £180 billion by 2050.
Background
ACAL Energy started working with the Carbon Trust as part of our Entrepreneurs Fast Track in 2006. This year they have been selected for a £1 million investment as part of our Polymer Fuel Cell Challenge. The Polymer Fuel Cell Challenge was launched in 2009 to deliver the critical reduction in fuel cell system costs that must be achieved to make mass market deployment a reality.
The Carbon Trust’s PEM Challenge program will enable us to accelerate development of our technology for use in cars. While ACAL Energy will initially offer products for use in stationary power applications, our longer term focus remains automotive. We are very grateful for the support given to us by the Carbon Trust, not only in this program, but over the last several years. We look forward to working with the Carbon Trust to achieve our mutual goal of clean, sustainable and affordable power
Dr. S.B. Cha, CEO of ACAL Energy
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