Quantum Fuel Systems (Quantum), a fully integrated alternative energy company, has been selected by Certarus Ltd. ("Certarus") to deliver more industry leading virtual pipeline trailers for natural gas in 2021. With a total value of approximately $10 million, the supplemental order brings Certarus' total investment in trailers to be delivered in 2021 to nearly $32 million.
Quantum's VPLite45/40' trailers have a gaseous capacity of approximately 472,000 standard cubic feet, and industry-leading hauling capability for a 40-foot container, and weigh less than 59,000 pounds fully loaded. The VPLite45/40' is certified for use in the U.S. and Canada and is optimal for companies that need a smaller, lighter trailer that is easily maneuverable in tight areas.
"We are excited to continue and expand our partnership with Certarus and supply additional Virtual Pipeline trailers in 2021 to meet Certarus' growing needs," said Mark Arold, President, Quantum Fuel Systems LLC. "Certarus is at the forefront of providing energy transition solutions across many market sectors and Quantum is proud to be an integral part of their business growth."
"Increasing demand for low carbon energy across industrial sectors presents significant growth opportunities for Certarus. As we continue to deliver more compressed natural gas, renewable natural gas, and hydrogen, our ongoing partnership with Quantum ensures we have the trailers needed to safely and reliably help our customers reduce their use of higher carbon fuels and transition to a low carbon future," said Curtis Philippon, President & CEO of Certarus.