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INOCEL is completing the development of its INOCEL Z300-S next-generation fuel cell system that exceeds the announced performance targets

Written by INFO INOCEL on . Posted in Press releases, Press Articles.

INOCEL is completing the development of its INOCEL Z300-S next-generation fuel cell system that exceeds the announced performance targets.

Energy generation technology meeting the decarbonization challenges of INOCEL customers
 In the face of increasing global energy needs and the urgency of the energy transition, INOCEL is taking up the challenge of providing reliable, high-performance technology that meets the challenges of reducing its customers’ carbon footprint. The transition from fossil fuels to renewables requires power generation systems that can operate in a variety of environments, deliver high power, and ensure optimal efficiency. The INOCEL products represent a turning point for stationary energy generation, offering a sustainable and efficient alternative to traditional fossil fuels.

Saint-Egrève, France – November 28, 2024, INOCEL, an innovative player in the energy sector, is proud to announce the completion of the development of its INOCEL Z300-S fuel cell to meet growing clean energy needs in a context of global warming.

A disruptive technology to decarbonize target uses
Designed to meet the current and future needs of companies seeking to reduce their environmental impact, this fuel cell system addresses a variety of use cases, such as:

  • Mobile generators, needed for sites not connected to the electricity grid or requiring additional power, to replace diesel generators and batteries;
  • Emergency power generation for critical industrial and tertiary infrastructure such as data centers, hospitals, operating buildings and banks;
  • Electrification of docks (cold ironing) to limit greenhouse gas emissions in ports, particularly for ships;
  • Storage of intermittent renewable energies in the form of hydrogen and then their reuse at the customer’s request;
  • Power system load shedding and balancing.

 “We are delighted to announce the finalization of the development and the imminent launch of the production of this cutting-edge technology that embodies our commitment to a sustainable energy transition,” says Jules BILLIET CEO of INOCEL. “The fuel cell will meet the growing needs for clean energy and support various sectors such as stationary power generation with INOCEL Z300-S now, maritime with INOCEL Z300-M in 2025, and then onshore heavy mobility in the longer term with INOCEL Z300-G.”

 Performance that delivers real change
The performance of the INOCEL Z300-S fuel cell meets the target applications with: 

  • A unit power of 300 kW allowing real scaling;
  • A modular and “plug and play” design, allowing an unlimited increase in power;
  • More than 60% efficiency, exceeding expectations, offering a cost of use that is competitive with diesel;
  • Ability to operate anywhere, anytime;
  • Unparalleled reactivity with a full power rise of the system in less than 2 seconds drastically reducing the need for hybridization batteries.

 Launch Schedule and Availability
The first units of the INOCEL Z300-S fuel cell system will be available to key strategic customers and partners as of December 2024. Expanded commercial distribution is planned for mid-2025, enabling companies to engage effectively in the transition to renewable energy.

Please download the product technical documentation for additional information

 

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Boating: successfully completes the world’s first hydrogen refueling on a lake

Written by INFO INOCEL on . Posted in Press releases.

Milan, September 9, 2024 – NatPower H, the pioneering developer of cutting-edge green hydrogen infrastructure for there creational boating sector and part of the NatPower Group, announces its collaboration with GEKO- INOCEL and Tullio Abbate to advance the transition towards a more sustainable, low-environmental impact boating industry, while delivering high-speed performance.
NatPower H has entered a strategic partnership with GEKO, a specialist in the design, integration, manufacturing, and marketing of high-performance electric propulsion systems for boats. The collaboration also includes INOCEL, a leader in the development and production of high-power modular fuel cells for fuel cell generators and powertrain systems in  heavy-duty vehicles. In addition, the historic Italian brand Tullio Abbate, renowned for its legacy in motor boat racing and offshore excellence since 1969, joins the initiative. Together, they are spearheading a revolution in sustainable recreational boating, with the world’s first hydrogen refueling of the Tullio Abbate Elite 27 H Poseidon on Lake Como—marking a pivotal moment in the transition towards eco-friendly marine propulsion.
The operation, which took place in Cernobbio with the support of the municipality, local police, and Mayor Matteo Monti, and facilitated by the technical expertise of Linde Gas, marks the world’s first hydrogen refueling on a lake. The vessel involved, the Poseidon, is a prime example of how hydrogen fuel cell technology can be seamlessly integrated into the maritime sector without compromising on performance. This cutting-edge boat, designed with Tullio Abbate’s renowned nautical expertise, is powered by an advanced propulsion system developed by GEKO and driven by an INOCEL fuel cell.
“This partnership is a crucial step forward in our journey towards more sustainable boating. It underscores how innovation and collaboration between industry leaders can drive meaning ful progress in the marine industry,” said Andrea Minerdo, CEO of NatPower H. “By working together, we are not only committed to reducing the environmental impact but also to raising the bar for sustainability standards across the sector. At the same time, we are determined to maintain the high-performance levels that the industry and our customers expect.”
“We are very pleased to share this achievement with INOCEL, NatPower H, and Tullio Abbate,” said Pierre Lion, CEO of GEKO. “The first hydrogen refueling of a boat on Lake Como is yet another strong demonstration of the hydrogen ecosystem’s feasibility—an ecosystem that is already up and running.”
“Tullio Abbate has always been a pioneer in innovation, which is why so many engine manufacturers choose to collaborate with us,” added Tullio Abbate. “I was excited by INOCEL’s request to build a boat that is both eco-friendly and capable of delivering bold performance.”

INOCEL boost its growth with €64M financing

Written by INFO INOCEL on . Posted in Press releases, Press Release - INOCEL High Power Hydrogen Fuel Cells.

INOCEL, a pioneering player in high-power fuel cell systems for stationary energy generation, heavy duty mobility and maritime, has secured a structured financing of €64M consisting of equity, debt, and subsidies. Historical shareholders participated in the fundraising operation.

Saint-Egrève, France – Founded in May 2022, INOCEL is revolutionizing the fuel cell market with high-power solutions offering levels of efficiency, responsiveness and performance that compete uncompromisingly with diesel and hydrogen combustion engine solutions. The company designs, tests, and manufactures a 300 kW fuel cell to decarbonize stationary energy generation, heavy duty mobility and maritime applications. The company’s product, designed to be modular and plug & play, incorporates numerous innovations, some of which stem from CEA, Europe’s leading research center in fuel cells.

INOCEL team is now up to over 80 people, structured around 2 strategic sites: its product development and testing center located in Saint-Egrève and its 15,000 m2 production plant in Belfort which will eventually employ 700 people. The company’s industrialization and production activities will continue to expand this year. The company has advanced expertise in the design of its systems and associated software management, as well as highly experienced teams in the industrialization and large-scale production of complex products.

INOCEL benefits from the expertise of its subsidiary GEKO, specialized in the integration and sizing of complex systems related to its fuel cell.

Today, INOCEL is an independent company structured around leading private and industrial investors.

INOCEL is delighted to have finalized a €64M financing package in early 2024, marking a significant milestone in the company’s development. This financing will enable the company to:

–       Finalize the industrialization of its product;

–       Deliver pre-production runs asearly as 2024; 

–       Commission the Belfort production line by the end of 2024;

–       Internalize its test tools;

–       Increase production rate, with a “Start Of Production” series in the 1st half of 2025;

–       Accelerate sales growth.

To date, the company has validated the relevance of its strategy, product,and offering, as evidenced by the numerous commercial contracts under discussion and the confidence of investors and banks.