Williams Grand Prix Holdings PLC : Go-Ahead and WHP Sign Ground Breaking Trial
DGAP-News: Williams Grand Prix Holdings PLC / Key word(s):
Miscellaneous
Williams Grand Prix Holdings PLC : Go-Ahead and WHP Sign Ground
Breaking Trial
16.03.2012 / 13:22
---------------------------------------------------------------------
GO-AHEAD AND WILLIAMS HYBRID POWER SIGN GROUND BREAKING TRIAL
16th March 2012. Grove, UK. The Go-Ahead Group and Williams Hybrid Power
(WHP), a subsidiary of Williams Grand Prix Engineering, have signed a
ground breaking agreement to develop a flywheel energy storage application
for use in buses.
Go-Ahead and Williams Hybrid Power have agreed to work together to develop
and produce six prototype buses with a retrofitted hybrid flywheel system,
providing electro mechanical energy to drive the bus and deliver
substantial improvements to fuel economy and reductions in CO2 emissions.
Williams Hybrid Power has been at the forefront of hybrid flywheel systems
within motor racing, originally developing it for the Williams Formula One
car and providing systems to Porsche for the 911 GT3 Hybrid and recently
Audi for the R18 e-tron Quattro that will compete at this year's Le Mans 24
hour race. The company is now making the technology available to
applications such as hybrid buses, hybrid passenger vehicles, electric
trains, rapid transit systems and smart grid infrastructure to meet their
high power energy storage needs, save fuel and reduce emissions.
Phil Margrave, Go-Ahead's Group Engineering Director, commented, ''In the
on-going quest to significantly reduce the CO2 emissions of the Go-Ahead
Group we are very excited to be working with Williams Hybrid Power, a
British technology company at the cutting edge of alternative energy
solutions. We are convinced that the experience and expertise they have
gained from developing and using the flywheel technology in motorsport will
migrate to the bus market and deliver a ground breaking solution to the
issue of fuel efficiency.''
Speaking about the announcement Ian Foley, Managing Director of Williams
Hybrid Power, added, ''I am delighted that we have signed this agreement
with a forward thinking company like Go-Ahead. From the very beginning we
identified public transport as an ideal customer for our flywheel
technology and I am excited about meeting the challenge of delivering this
innovative solution for the bus industry.''
- Ends -
Please click here to view a pdf version of this release:
http://www.williamsf1.com/downloads/pdf/16_03_12_Go-Ahead_and_WHP_Announce
_Ground_Breaking_Trial.pdf
For more information please visit www.williamshybridpower.com
Thank you.
The Williams F1 Communications Office
MEDIA CONTACTS
James Francis, Communications Executive
M +44(0)7788 317639
E james.francis@williamsf1.com
Frank Thorpe, Head of Bus Systems
M +44 (0) 7788 317640
E frank.thorpe@williamshybridpower.com
End of Corporate News
---------------------------------------------------------------------
16.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
160976 16.03.2012
DGAP-News: Williams Grand Prix Holdings PLC / Key word(s):
Miscellaneous
Williams Grand Prix Holdings PLC : Go-Ahead and WHP Sign Ground
Breaking Trial
16.03.2012 / 13:22
---------------------------------------------------------------------
GO-AHEAD AND WILLIAMS HYBRID POWER SIGN GROUND BREAKING TRIAL
16th March 2012. Grove, UK. The Go-Ahead Group and Williams Hybrid Power
(WHP), a subsidiary of Williams Grand Prix Engineering, have signed a
ground breaking agreement to develop a flywheel energy storage application
for use in buses.
Go-Ahead and Williams Hybrid Power have agreed to work together to develop
and produce six prototype buses with a retrofitted hybrid flywheel system,
providing electro mechanical energy to drive the bus and deliver
substantial improvements to fuel economy and reductions in CO2 emissions.
Williams Hybrid Power has been at the forefront of hybrid flywheel systems
within motor racing, originally developing it for the Williams Formula One
car and providing systems to Porsche for the 911 GT3 Hybrid and recently
Audi for the R18 e-tron Quattro that will compete at this year's Le Mans 24
hour race. The company is now making the technology available to
applications such as hybrid buses, hybrid passenger vehicles, electric
trains, rapid transit systems and smart grid infrastructure to meet their
high power energy storage needs, save fuel and reduce emissions.
Phil Margrave, Go-Ahead's Group Engineering Director, commented, ''In the
on-going quest to significantly reduce the CO2 emissions of the Go-Ahead
Group we are very excited to be working with Williams Hybrid Power, a
British technology company at the cutting edge of alternative energy
solutions. We are convinced that the experience and expertise they have
gained from developing and using the flywheel technology in motorsport will
migrate to the bus market and deliver a ground breaking solution to the
issue of fuel efficiency.''
Speaking about the announcement Ian Foley, Managing Director of Williams
Hybrid Power, added, ''I am delighted that we have signed this agreement
with a forward thinking company like Go-Ahead. From the very beginning we
identified public transport as an ideal customer for our flywheel
technology and I am excited about meeting the challenge of delivering this
innovative solution for the bus industry.''
- Ends -
Please click here to view a pdf version of this release:
http://www.williamsf1.com/downloads/pdf/16_03_12_Go-Ahead_and_WHP_Announce
_Ground_Breaking_Trial.pdf
For more information please visit www.williamshybridpower.com
Thank you.
The Williams F1 Communications Office
MEDIA CONTACTS
James Francis, Communications Executive
M +44(0)7788 317639
E james.francis@williamsf1.com
Frank Thorpe, Head of Bus Systems
M +44 (0) 7788 317640
E frank.thorpe@williamshybridpower.com
End of Corporate News
---------------------------------------------------------------------
16.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
160976 16.03.2012