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
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Pentaho has announced orchestration capabilities that streamline the entire machine learning workflow and enable teams of data scientists, engineers and analysts to train, tune, test and deploy predictive models. Pentaho’s Data Integration and analytics platform ends the ‘gridlock’ associated with machine learning by enabling smooth team collaboration, maximizing limited data science resources and putting predictive models to work on big data faster – regardless of use case, industry, or languag...