Oracle Power PLC Appointment of Chief of Technology - Hydrogen
2021年10月21日 - 3:00PM
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TIDMORCP
Oracle Power PLC
21 October 2021
21 October 2021
Oracle Power PLC
("Oracle", the "Company" or the "Group")
Appointment of Chief of Technology - Hydrogen
Oracle Power P LC (AIM:ORCP), is pleased to announce the
appointment of Dr Naveed Akhtar as an adviser on h ydrogen
technology, following Oracle's recently announced non-exclusive
co-operation agreement (the " Agreement") with PowerChina
International Group Ltd ( " PowerChina") , with the aim of jointly
developing a green hydrogen production facility in Pakistan.
Dr Akhtar is an expert in the h ydrogen e nergy / f uel c ells
field with more than 20 years' experience .
Dr Akhtar is the founder and CEO of Hy-Hybrid Energy Limited , a
specialised fuel cell service provider which advises hydrogen
application businesses across Europe. Dr Akhtar will join the
Company on an advisory basis as Chief of Technology - Hydrogen , a
non-Board position, as Oracle progresses its hydrogen strategy in
Pakistan with PowerChina.
Dr Akhtar holds a B.Eng in Mechanical (Pak), M.Sc. in Renewable
Energy (Germany) and PhD in Chemical Engineering (UK). He has
received many prestigious awards and fellowships such as the
Hermann Göhr Award , Marie Curie Fellowship, UNESCO Fellowship,
Grove Fuel Cell Symposium Student Bursary, Universitas 21
Scholarship, DAAD Scholarship, amongst others. He has published 28
papers in scientific journals/proceedings and 11 patents in the
field of fuel cells.
Naheed Memon, CEO of Oracle, commented :
" The appointment of Dr Akhtar, an expert in Hydrogen fuel
cells, is an important step towards advancing the development of a
green hydrogen production facility in Pakistan, with PowerChina as
our partner. Green hydrogen is a crucial fuel source in the global
transition to decarbonisation and is therefore an incredibly
important addition to our growing portfolio of assets. We look to
Naveed to advise us on the technological aspects of this
development as well as to assist us in commercialisation and
building an application market. His connections in Europe and his
access to technical resource will be highly beneficial. I look
forward to working very closely with him in this important
project."
*ENDS*
For further information:
Oracle Power PLC
Naheed Memon +44 (0) 203 580 4314
Strand Hanson Limited (Nominated Adviser)
Rory Murphy, James Harris, Rob Patrick +44 (0) 20 7409 3494
Brandon Hill Capital Limited (Joint Broker)
Oliver Stansfield +44 (0) 203 463 5000
Shard Capital (Joint Broker)
Damon Heath
Isabella Pierre +44 (0) 20 7186 9952
St Brides Partners Limited (Financial PR)
Susie Geliher
Catherine Leftley +44 (0) 20 7236 1177
About Oracle Power PLC:
Oracle Power PLC is an international natural resource and power
project developer quoted on London's AIM market. The Company holds
two highly prospective gold assets in two globally significant gold
regions of Western Australia. The Northern Zone Project is located
25km east of the major gold mining centre of Kalgoorlie, the home
of the 'Super Pit' mine, the second largest gold mine in Australia,
and the Jundee East Gold Project is located 9km east of Northern
Star's Jundee Gold Mine, one of Australia's largest gold mines.
The Company is also active in the power industry in Pakistan and
is working to establish a green hydrogen production facility in
association with PowerChina. The Company's initial project is the
Thar Block VI Project in south-east Pakistan where the Company is
advancing plans for a combined lignite coal mine, a 1,320MW mine
mouth power plant and a proposed coal gasification to urea
project.
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