Welcome!

News Feed Item

McPhy Energy Acquires Italian Electrolysis Pioneer PIEL

GRENOBLE, France, January 17, 2013 /PRNewswire/ --

Marks major step in development for solid hydrogen storage specialist

McPhy Energy, a leading developer and manufacturer of solid state hydrogen storage, today announced that the company has acquired PIEL, an Italian pioneer in hydrogen generators based on electrolysis of water.  The acquisition of PIEL (a division of the ILT Technology Group, near Pisa, Italy), is an important milestone for McPhy Energy in the deployment and accessibility of its innovative technologies, enabling the company to couple the production and storage of solid hydrogen, a unique pairing today.

  • PIEL brings its know-how in water-based hydrogen generators, which are connected directly to the electric grid or to renewable energies.  Today PIEL has over 3000 installations in service at more than 1000 customers across the globe.
  • McPhy Energy brings its innovative technology for storing hydrogen in a solid state, based on magnesium hydrides.  

     (Logo: http://photos.prnewswire.com/prnh/20120723/546191 )

The integration of the technologies from these two actors makes green hydrogen generation accessible to clients at the point of use and/or the storage of renewable energies, with modular systems adaptable to the demand and needs of the user.

"Recognized for its highly-reliable alkaline generators, PIEL enables McPhy to now offer complete hydrogen solutions coupling storage and electrolyser. This represents a considerable advance in terms of accessibility and autonomy for our customers," says Pascal Mauberger, CEO of McPhy Energy. "Furthermore, it gives McPhy access to PIEL's clients and worldwide commercial network."  

The integration of PIEL into McPhy Italia represents an enormous growth opportunity for both companies.  PIEL brings generators and industrial clients to McPhy, while gaining access to McPhy's storage technology and customers in the energy markets. PIEL will also benefit from additional financing that will enable the company to accelerate projects under development.

"I am particularly pleased to welcome Robert Rasoini, with his deep experience in electrolysis and hydrogen, to McPhy's management team," continues Mauberger.  "He has lead PIEL for over ten years, and will continue to do so under the aegis of McPhy Italia."  

"The integration of these two systems enables us to put an ultra-flexible offer on the market for our clients," explains Adamo Screni, Executive Vice President of Sales, member of the management team and president of McPhy Energy's new Italian subsidiary.  "We can hereby facilitate access to hydrogen on-site for industrial hydrogen users, by creating a very clean, straightforward and economical offer that is much more attractive than current solutions.  For the energy storage market, this is an "all-in-one" solution, which optimizes an installation's global yield."

Coming a few months after the opening of its German subsidiary (July 2012), this acquisition confirms the acceleration of McPhy Energy's expansion and its position as an international leader in the hydrogen market.

The acquisition was managed by Gianni-Origoni-Grippo-Capelli Partners (Rome).

NOTE: McPhy Energy will be at pavilion L stand 4156 of T-Gold Machinery and Tools exhibit (Vicenza, Italy, 19-24 January 2013)

In brief - latest news from McPhy Energy:

January 2013:  acquisition of PIEL in Italy (http://www.piel.it)

December 2012: McPhy Energy becomes an actor in Germany's energy transition, as ITM Power selects McPhy technology for hydrogen storage

November 2012: McPhy Energy Takes Part in the GRHYD Project, Injecting a Breath of Innovation into the French Gas Network

October 2012:  for the third consecutive year, McPhy Energy is one of the top 100 worldwide eco-innovation companies

July 2012 : McPhy Energy expands operations in Europe and appoints Roland Kaeppner as CEO for Germany

About McPhy Energy - http://www.mcphy.com  Based in Drome & Isère, France, McPhy Energy's mission is to industrialize and commercialize an innovative hydrogen storage technology using magnesium hydrides. Offering unique advantages compared with the other hydrogen storage solutions, this technology addresses the industrial hydrogen and renewable energy markets. McPhy Energy owns exclusive rights on a portfolio of patents, which result from over 8 years of research at CNRS, in partnership with Joseph Fourier University (France). A member of the TENERRDIS competitiveness cluster, McPhy Energy is involved as direct partner or subcontractor in several research projects. McPhy Energy is listed in the Global Cleantech 100 and the Top 5 Cleantech France. The company has recently signed numerous contracts in France, the United Kingdom, Germany, Italy and Japan, demonstrating its technological leadership.

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ar...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...