Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems

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Daimler Truck AG and Rolls-Royce plc plan to cooperate on stationary fuel-cell generators as CO2-neutral emergency power generators for safety-critical facilities such as data centres. They are to offer emission-free alternatives to diesel engines, which are currently used as emergency power generators or to cover peak loads. Daimler Truck AG and the British technology group Rolls-Royce have signed an agreement to this effect. A comprehensive cooperation agreement is to be prepared and signed by the end of the year.

In April, Daimler Truck AG and the Volvo Group signed a preliminary, non-binding agreement to establish a new joint venture for the large-scale development, production and commercialization of fuel-cell systems for heavy-duty commercial vehicles and other applications. The Rolls-Royce Power Systems business unit plans to rely on these fuel-cell systems from the planned joint venture – as well as Daimler’s many years of experience – in the emergency power generators it develops and distributes for data centres under the MTU product and solution brand. Daimler and Rolls-Royce are linked not only by longstanding cooperation on conventional drive systems for other applications. At the end of last year, Rolls-Royce Power Systems and Lab1886, Daimler’s innovation unit for new business models, had already agreed on a pilot project to develop a demonstrator for the use of this technology for stationary power supply on the basis of fuel-cell modules from the automotive sector. It will go into operation in Friedrichshafen by the end of this year.

Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand Spur

“For Daimler Truck AG, fuel-cell systems play a decisive role in achieving CO2-neutral transport – as a supplement to battery-electric drive. Just at the end of April, we announced our intention to establish a joint venture with the Volvo Group. With the agreement for stationary fuel-cell systems concluded, we are already demonstrating very concrete opportunities for the commercialization of this technology through the joint venture,” stated Martin Daum, Chairman of the Board of Management of Daimler Truck AG and Member of the Board of Management of Daimler AG.

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“We are delighted that Rolls-Royce is as convinced as we are of the future of fuel cells in the stationary sector and would like to enter into this long-term cooperation with us. On the one hand, this represents further impetus for the development of hydrogen infrastructure across all sectors and applications; on the other hand, it will enable us to work together to further increase the economy of fuel cells, as well as society’s acceptance of and confidence in them,” continued Martin Daum.

Read Also:  Best Sales Result In The Past Decade: Daimler Trucks Sells Well Over 500,000 Trucks In 2018

Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand Spur

“Data centres are the nodes of the global information and communication network, whose vital importance has become particularly clear in these difficult times and whose operation must, therefore, be reliably safeguarded. The same applies to other safety-critical systems. Under our MTU brand, we develop customized solutions, thousands of which we have already installed, for data centres’ individual, complex and growing energy needs. The decarbonization of drive systems and power supply is one of our central strategic goals and fuel cells will play a key role in this. No other technology offers such high reliability, modular scalability and all the advantages of renewable energies without dependence on the conventional energy market. Through the cooperation with Daimler Trucks, we will gain access to fuel-cell systems that meet our demanding requirements and will thus further strengthen our outstanding position in this growth market,” said Andreas Schell, CEO of Rolls-Royce Power Systems.

Earlier large-scale production of fuel cells for stationary applications possible

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Daimler Truck AG and the Volvo Group plan to start large-scale production of heavy-duty fuel-cell commercial vehicles for demanding and heavy long-haul applications in the second half of the decade. However, the fuel-cell systems for stationary applications can be produced in series by the planned joint venture between Daimler Truck AG and the Volvo Group at an earlier stage, as the specific requirements for use in transport on public roads do not apply.

Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand Spur

Daimler Trucks is bringing together the Daimler Group’s fuel-cell activities

During the past two decades, Daimler has already developed considerable expertise in fuel-cell technology with its site in Nabern, Germany (currently the headquarters of Mercedes-Benz Fuel Cell GmbH) and other production and development facilities in Germany and Canada. In order to enable the joint venture with the Volvo Group, Daimler Trucks is bringing together all of the Daimler Group’s fuel-cell activities in a new fuel-cell entity and will place them in the planned joint venture. This also includes the allocation of the operations of Mercedes-Benz Fuel Cell GmbH to Daimler Truck AG.

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Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand SpurRolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand Spur

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Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand SpurRolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand Spur

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New entrant AECO Energy launches business innovation to deliver ‘last mile of value chain’ to Singapore’s maturing open electricity market

  • AECO Energy announces the launch of its operations in Singapore to provide innovation to the open electricity market for businesses with generation 2.0 of its technology and service offerings.
  • The company will introduce three solutions as part of its initial portfolio, customisable to specific business needs.
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SINGAPORE - Media OutReach - 13 April 2021 - AECO Energy, a new entrant to Singapore's electricity sector, has today announced the launch of its operations. AECO Energy will be the first-of-its kind energy technology and services company aimed at innovating customer-centric offerings in electricity and renewable energy markets.

With over 12 years of experience in delivering open market electricity services and solutions to businesses in Australia under the Power Choice brand, AECO Energy is bringing its second generation of services and technology to Singapore for the first time. AECO's second generation delivers on two major offerings.

Firstly, AECO delivers the 'last mile' of value in Singapore Open Electricity Market (OEM) value chain by providing innovative services to assist businesses to manage, plan and make better buying decisions.

AECO is all about enabling increased profits for businesses. AECO has a customer-centric mission to use its low-cost proven technology and expert-led services to enable better business decisions within a complex electricity market with multiple providers and opaque medium- to long-term pricing information. This comes against the backdrop of Singapore's maturing OEM, which gives businesses and consumers the autonomy to buy and choose their electricity providers - the freedom to choose.

AECO Energy's technology platform, MarketPro™ with its unique, electricity futures market simulator Rate Watch™, delivers business and electricity efficiency and empowers businesses through relevant and timely pricing information, while also helping Singapore businesses make better buying decisions via automated tenders and reverse auctions. Moreover, for businesses who do not have the capability and capacity to manage and purchase its own electricity, AECO Energy Portfolio™ delivers scalable buying power with a fully-managed contract management and purchasing aggregation service for small, medium and large businesses.

Alan Jones, CEO, Chairman & Founder, AECO Energy, said: "We are incredibly excited and humbled to be joining Singapore's dynamic energy scene with our low-cost, high-value products and services. Our mission is clear: just like Amazon is revolutionising the 'last mile' of product supply chains with its same day delivery, we are also delivering the 'last mile' of the value chain in Singapore's OEM that enables more businesses better purchasing decisions, more business profitability and growing all of Singapore's economy."

Secondly, with SGX-listed entities, enterprises and multinational corporations (MNCs)' increasing emphasis on sustainability, AECO (through its SustainPro™ offering) will bring for the first-time in Singapore the benefit of AECO's direct relationship with generators of International Renewable Certificates (I-REC). This enables Southeast Asian markets the benefit of medium- to long-term low-cost and structured REC solutions to meet renewable energy targets and sustainability goals. This translates to more profits by providing more predictable costs for businesses in meeting their sustainability and renewable energy goals.

"As a specialised company, unburdened with corporate overheads and distractions from Singapore's local market participants, we can offer companies who are based anywhere in Southeast Asia, sustainability and renewable energy solutions that span markets and countries at a lower and more predictable price. We are honoured to play our part to bring sustainability and increased renewable energy throughout the world and to do so while benefiting our customers' cost structures," continued Mr. Jones.

AECO Energy is introducing three offerings as part of its electricity management solutions:

  • MarketPro™: Businesses can optimise costs and seize market opportunities with exclusive access to customised market price information through AECO Energy's integrated online procurement and management platform equipped with Rate Watch™, a market simulation and automated procurement technology from as low as SGD $149 per month.
  • Portfolio™: Businesses get exclusive access to economies of scale with better buying power through professional and expert-managed energy procurement portfolios overseen by AECO Energy experts. This allows enterprises to focus on their core business while AECO Energy experts will fully-manage their electricity contracts and make better buying decisions on their behalf from as low as an additional SGD $74 per month.
  • SustainPro™: SustainPro focuses on helping businesses meet their sustainability goals at the lowest cost. AECO Energy offers lower costs on the procurement of Renewable Energy Certificates (RECs) and tailored REC supply solutions designed to meet transition needs towards a more sustainable business.

"With the understanding that business needs are unique for every organisation, our energy experts will work closely with customers here in Singapore to help them reduce costs, drive efficiency and make better buying decisions. By providing technology-enabled, insights-driven energy technology solutions, we want to create a profound impact on our customers' businesses to better position them for sustainable growth in the long-term," concluded Alan.


About AECO Energy:

Based in Singapore, the AECO Pacific Group owns and operates the Power Choice and AECO Energy brands. A leading pioneer for more than 12 years in electricity brokerage and consulting services in Asia Pacific focusing on deregulated electricity markets, AECO Pacific helps businesses with electricity procurement and management backed by market intelligence. Transforming and saving businesses more, AECO's combined experience in energy leadership and innovative technology solutions remain unmatched in dynamic and changing energy markets. For more information, visit https://powerchoice.com.au/ and https://aecoenergy.sg/.

Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems - Brand Spur
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