LONDON (ShareCast) - Natural gas powered trucks manufacturer Clean Air Power said it had been awarded a 12-month extension to its two-year research project with Brunel University London. Aimed at developing the next generation of advanced dual-fuel combustion systems, the project was granted an extension by the UK Government's Innovate UK organisation through its Knowledge Transfer Partnership (KTP) scheme.
The group said that the additional funding will allow it to conduct further investigation and optimisation of its second generation MicroPilot technology on heavy duty dual-fuel engines operating in advanced low-emission combustion modes.
The London-listed company added the project will be carried out on a modern heavy-duty research engine at Brunel University's Centre for Advanced Powertrains and Fuels.
Despite the positive news, Clean Air energy fell 28.81% to 2.10p at 10:37 on Monday.