Proton Motor Power Systems appoints Ali Naini to its Board as Non-Executive Director

– UK, Newcastle upon Tyne –  Proton Motor Power Systems plc (LON: PPS), the designer, developer, and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, today announced the appointment of Ali Naini to its Board as a Non-Executive Director with immediate effect.

About Ali Naini

Mr. Naini is a co-founder and Managing Director of Turquoise International Limited, one of Europe´s longest-established financial advisers and investors in climate technologies. His experience includes the setup and management of the two ERDF-backed Low Carbon Innovation Funds; work with a variety of ClimateTech companies (including Proton Motor, where he was previously the deputy chairman for two years from 2008 to 2010); 10 years as co-founder and chairman of Controlled Power Technologies (hybridization of passenger vehicles) from the establishment to trade sale; and 10 years as exclusive financial advisor to Anglo Platinum on ClimateTech matters including its fuel cell JV with Johnson Matthey and establishment of a venturing corporate fund. Previously, he worked in energy project finance and privatization at Close Brothers, Flemings, and PwC, on projects such as Thailand’s first IPP solicitation program and the Northern Ireland electricity privatization.

He holds a Master’s and a 1st class Bachelor’s degree from the London School of Economics.

About Proton Motor Fuel Cell GmbH

Over 25 years Proton Motor has developed proven fuel cell products and systems. With its established position in the multi-billion-dollar addressable fuel cell market, the company is uniquely well-placed to capture the significant and fast-growing demand for Power Solutions using CleanTech technologies such as hydrogen fuel cells, fuel cells, and hybrid systems with a zero-carbon footprint. Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source – from the development and production through the implementation of customized solutions. The product portfolio consists of base-fuel cell systems, standard complete systems, and bespoke systems. The Company’s strategic focus is serving customers with a need for long-duration uninterrupted power supply, namely the Stationary, Marine, Rail, and On/Off Highway sectors.

For more information: https://www.protonmotor-powersystems.com/en/

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