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NGK SPARK PLUG and Mitsubishi Hitachi Power Systems Conclude an Agreement for the establishmentof a Joint Venture to Manufacture and Sell Fuel high-performance Cell Stacks

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Nagoya and Yokohama, July 5, 2019 - NGK SPARK PLUG CO., LTD. (NTK) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have concluded an agreement regarding establishment of a joint venture and the operation of a company to manufacture and sell cylindrical cell stacks as the power generating elements found in solid oxide fuel cells (SOFC)