GenCell Secures Multi-Million Dollar Deal for Hydrogen Fuel Cell Backup Systems with European Telecom Giant
Key Ideas
- GenCell to supply multiple GenCell® BOX emergency backup power systems to ensure 72 hours of operational continuity for European telecom company's remote sites.
- Deal valued at US$4.9 million with delivery and deployment expected in 2024-2025, showcasing GenCell's growing presence in the hydrogen fuel cell market.
- Rami Reshef, CEO of GenCell, highlights the importance of the deal in addressing climate and energy challenges while expressing pride in the company's solutions.
GenCell has secured a significant deal with a leading European telecom company to supply multiple GenCell® BOX emergency backup power systems. The agreement, valued at approximately US$4.9 million, will see GenCell deliver, install, and maintain these systems for a minimum of 6 years at numerous remote distributed communication sites. The systems aim to ensure 72 hours of operational continuity during power outages. This deal is a testament to GenCell's commitment to providing innovative solutions in the hydrogen fuel cell sector.
Rami Reshef, the CEO of GenCell, expressed pride in the company's selection as the preferred supplier for this project, emphasizing the importance of addressing climate and energy supply challenges. This achievement follows a previous order worth US$4.5 million from the national power utility of the State of Mexico, further solidifying GenCell's position in the market.
The positive sentiment around this deal reflects the growing recognition of hydrogen fuel cell solutions in critical sectors like telecommunications. GenCell's success with global telecom providers signals a promising future for the company in securing similar projects. The agreement not only highlights the reliability and efficiency of GenCell's products but also underscores the increasing demand for sustainable energy solutions in the industry.