Langley Holdings Acquires GKN Hydrogen to Enhance Sustainable Energy Solutions

Langley Holdings Acquires GKN Hydrogen to Enhance Sustainable Energy Solutions

(IN BRIEF) Langley Holdings has acquired GKN Hydrogen, an Italian specialist in hydrogen storage and power-to-power technology, from Dowlais Group. GKN Hydrogen’s innovative technology stores hydrogen in a solid state at 16 times the density of compressed gas, maintaining efficiency for up to 30 years. The acquisition aligns with Langley’s commitment to sustainable energy, integrating GKN Hydrogen into its Power Solutions Division. GKN Hydrogen, with locations in Italy, Germany, and the USA, aims to decarbonize industrial processes and power plants by providing safe and efficient green hydrogen storage solutions.

(PRESS RELEASE) NOTTINGHAMSHIRE, 2-Aug-2024 — /EuropaWire/ — Langley Holdings has acquired GKN Hydrogen, an Italian hydrogen storage and power-to-power specialist, from Dowlais Group. GKN Hydrogen, based in Pfalzen, Italy, with subsidiaries in Germany and the USA, is known for its innovative hydrogen storage technology. This technology stores hydrogen in a solid state at 16 times the density of compressed hydrogen gas and can preserve it for up to 30 years without degradation. The system has demonstrated 99% efficiency over 7,000 charge/discharge cycles.

Anthony Langley, Chairman & CEO of Langley Holdings, emphasized the acquisition aligns with Langley’s focus on sustainable energy solutions and a greener future. GKN Hydrogen will be integrated into Langley’s Power Solutions Division, with a smooth transition overseen by both companies’ management teams.

GKN Hydrogen’s advanced storage systems support the decarbonization of industrial processes and power plants by safely and efficiently storing green hydrogen generated from renewable energy sources. The company operates in Pfalzen, Italy; Carlsbad, CA, USA; and Bonn, Germany.

More about GKN Hydrogen

GKN Hydrogen is transforming the way energy is stored. As a hydrogen storage company, offering the safest storage solutions in the world, the company decarbonise industrial processes, power plants and infrastructure. Prioritising safety, minimal footprint and easy integration, project efficiency is optimised. Depending on requirements, the green hydrogen can be used directly or converted back into electricity and heat. The robust systems generate green hydrogen from fluctuating renewable energy sources, storing it compactly and safely in metal hydride over long periods of time. Located in Pfalzen, Northern Italy, Carlsbad CA in the US and Bonn, Germany, GKN Hydrogen is part of Langley Holdings’ Power Solutions division.

About Langley Holdings

Langley Holdings plc is a privately owned UK-based engineering and industrial manufacturing group, principally producing capital equipment for diverse markets worldwide. Langley businesses are either outright market leaders, or occupy strong niche positions in their respective fields, providing advanced technologies in a solutions-based approach. The Group operates in three principal areas: Power Solutions, Print Technologies and Other Industrials.

The Group’s operations are based in Germany, Italy, France, the UK and Norway, with 18 production facilities in Europe, the UK and the USA. The Group has more than 90 sales and service subsidiaries worldwide and employs around 5,000+ people.

Langley Holdings was established in 1975 by the current Chairman & CEO, Anthony Langley and remains entirely in family ownership

About Power Solutions

The Power Solutions Division comprises Bergen Engines, the Norwegian medium-speed engine builder; Marelli Motori, the Italian producer of electric motors and generators and; Piller Group, Europe’s leading producer of critical power conditioning, stabilisation and backup systems based in Germany.

In 2024, the Power Solutions Division will account for approximately half of the Group’s $1.5bn revenues and 5,000+ employees.

Media Contact:

Tel: +44 1777 700 039
info@langleyholdings.com

SOURCE: Langley Holdings