VYCON News
Xiamen Songyu Container Terminal Places Six Unit Order for VYCON REGEN Flywheel Energy System; First Sale for ZPMC
XSCT is a joint venture between A.P. Moller-Maersk (APM) and Xiamen Port Holding Group. It started with limited operations in April of 2007 and is known for utilizing the most advanced crane equipment available on the market. XSCT's decision to fit their new crane purchase with Vycon's REGEN system was driven by their commitment in preserving the environment by utilizing technologies that deliver proven results in reducing emission and fuel consumption reductions.
"We are very pleased to be working with ZPMC and to be supplying XSCT with the REGEN system," said
The REGEN System is a California Air Resources Board (CARB) verified flywheel technology for emissions reduction that provides port operators with a return on investment by reducing fuel consumption.
About VYCON
VYCON is an innovator in the design and manufacturing of technologically advanced, flywheel based, energy storage systems that enable a highly reliable, cost effective and "Green" energy storage solution for a variety of applications. VYCON's products are applied in the power quality markets to provide back-up power in mission critical applications and in the energy re-cycling markets for capturing and regenerating energy in crane, electric rail and distributed generation applications. VYCON is a publicly listed company on the AIM market of the London Stock Exchange and is headquartered in
About AP Moller-Maersk
A.P. Moller-Maersk is a global group involved in a diverse range of business industries such as transportation, oil production and ship building. They are a worldwide organization with 110,000 employees and offices in around 130 countries — with global headquarters in
About Xiamen Songyu Container Terminal (XSCT)
XSCT is a joint venture between AP Moller-Maersk and Xiamen Port Holing Group, each with a 50% share. Located in the Southeast of Haicang district in the Xiamen Port serving the
For more information visit: http://www.vyconenergy.com
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The issuance of securities in the Placing has not been and will not be registered under the applicable securities laws of
SOURCE VYCON
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