McPhy Energy Acquires Italian Electrolysis Pioneer PIEL

17-01-2013

McPhy Energy Acquires Italian Electrolysis Pioneer PIEL
Marks major step in development for solid hydrogen storage specialist

GRENOBLE, France, 17 January 2013 – 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.

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