Langley Holdings has acquired GKN Hydrogen , the Italian Hydrogen Storage and Power-to-Power specialist, from Dawlais Group, the GKN Hydrogen announced.
Based in Pfalzen, northern Italy, with subsidiaries in Germany and the USA, GKN Hydrogen is pioneering a ‘frontier technology‘ for the safe storage of hydrogen.
Formerly part of GKN Powder Metallurgy, a division of Dowlais Group PLC the company has brought together materials science and engineering to create advanced metal hydride compounds, the technology captures and stores hydrogen in a solid state form at x 16 the density of compressed hydrogen gas without degradation for up to 30 years, according to company literature.
Hydrogen is converted back to a gas when required by heating the hydride to 60C (140F). The company has proven the system over 7,000 charge / discharge cycles with 99% efficiency.
Anthony Langley, Chairman & CEO, Langley Holdings, plc:
“This acquisition underscores Langley Holdings’ strategic focus on sustainable energy solutions and commitment to a greener future.”
GKN Hydrogen becomes part of Langley‘s Power Solutions Division. During the integration process, Langley Holdings will work closely with the GKN Hydrogen management team to ensure a smooth transition of the business.
On photo: Langley Holdings’ main board members Bernard Langley and William Langley (left & right) together with Guido Degen, CEO of GKN Hydrogen (centre), at the company’s headquarters in Pfalzen, Italy, yesterday.
Photo of GKN Hydrogen
Press release https://shorturl.at/0n7oy
