Blue World Technologies has acquired 15% of Danish Power Systems, a developer and manufacturer of MEA-technology.

The MEA (membrane electrode assembly) is one of the core components in the fuel cell stack and Blue World Technologies will use Danish Power Systems for its methanol fuel cell technology.

Later this year, Blue World Technologies is starting the construction of a methanol fuel cell factory with a yearly production capacity of 50,000 units.

"Utilising the MEA-technology of Danish Power Systems for our methanol fuel cell systems means our systems are going to be based on the best technology platform on the market", said Blue World Technologies CEO, Anders Korsgaard.

Earlier this year, Danish Power Systems celebrated its 25th anniversary working with the development and manufacturing of MEA-components based on HT PEM-technology (High Temperature Polymer Electrolyte Membrane).

"It is a great opportunity for us to work with such an ambitious company as Blue World Technologies that is currently working on a large-scale production setup of fuel cells," added Danish Power Systems CEO, Hans Aage Hjuler.

"The partnership with Blue World Technologies means we will be getting closer to the market and end-users providing us with knowledge we can use to continue optimising our products."

Blue World Technologies' methanol fuel cell system is applicable to a variety of industries with a primary focus on the transportation sector.

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