Storage

Fuel Cell Company Reports Fiscal Q1 2003 Results

October 11, 2002 [SolarAccess.com] Fuel cell developer H Power Corp., has reported its fiscal 2003 first quarter results for the period ended August 31, 2002. Some of the company’s achievements for the quarter include: the receipt of an order from Naps Systems Oy of Finland for five of the company’s HCORE-500 direct hydrogen units; the delivery of modified versions of the EPAC-500TM to Mitsui & Co., Ltd. of Japan; the signing of a Representation Agreement with Direct Global Power Inc., a distributed generation and Renewable Energy market development company, to develop sales opportunities for the company’s EPAC-500(TM) and HCORE-500 direct hydrogen power systems.