Provair opening positive on yesterdays announcement.

With all the energy problems in the world and oil price rising, fuel cell technology is one too look out for in the future. Porvair is new to this, at approx.£48m capitalisation, this company would be loose change for some of the larger players in the fuel-cell market - one wonders how long Porvair's independence will last ???


If anyone is interested in fuel-cell technology, check out Ballard Power Systems (on Nasdaq)......some of their blurb as follows:

"Ballard Power Systems is recognized as the world leader in developing, manufacturing and marketing zero-emission proton exchange membrane fuel cells. Ballard is commercializing fuel cell engines for transportation applications and fuel cell systems for portable and stationary products. Ballard is also commercializing electric drives for fuel cell and other electric vehicles, power conversion products, natural gas and hydrogen generator sets and is a Tier 1 automotive supplier of friction materials for power train components. Ballard's proprietary technology is enabling automobile, bus, electrical equipment, portable power and stationary product manufacturers to develop environmentally clean products for sale. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, EBARA, ALSTOM and FirstEnergy, to commercialize Ballard(R) fuel cells. Ballard has supplied fuel cells to Honda, Nissan, Volkswagen, Yamaha, Cinergy and Coleman Powermate, among others".