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CFU Sells Another Unit in Germany

10 Feb 2010 07:00

RNS Number : 9329G
Ceramic Fuel Cells Limited
10 February 2010
 

 

 

 

10 February 2010

 

 

CERAMIC FUEL CELLS' BLUEGEN SALE TO RHEINENERGIE IN GERMANY

 

 

Ceramic Fuel Cells Limited [AIM/ASX: CFU], a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, has sold its fourth BlueGen power and heating unit in Germany, to leading German utility RheinEnergie AG.

 

The RheinEnergie group is one of Germany's top ten energy utilities. RheinEnergie AG supplies electricity, natural gas, water and heating services to about 2.5 million residential and commercial customers in the Rhine region of Germany. RheinEnergie has many years of experience with combined power and heating technologies.

 

From Q2 2010 RheinEnergie will operate one BlueGen unit in cooperation with the University of Applied Sciences in Cologne, Germany. RheinEnergie will evaluate the BlueGen unit for potential future rollout to RheinEnergie's customers.

 

BlueGen is the latest breakthrough in small scale electricity generation. About the size of a dishwasher, each BlueGen unit can produce twice the electricity needed to power an average home, with the surplus electricity sold back to the grid. BlueGen also produces heat, to make enough hot water for an average home.

 

BlueGen units can generate electricity more efficiently than the current European power grid, significantly reducing a home's carbon emissions and cutting energy bills.

 

Ceramic Fuel Cells has achieved electrical efficiency of 60 percent, far higher than any other technology in the rapidly expanding market for small scale power and heating generators. When heat is recovered from the electricity production process, total efficiency is up to 85 percent - twice as efficient as the average among current European power stations.

 

By generating power close to where it is used, Ceramic Fuel Cells' products can meet the future demand for electricity without the need for huge investments in electricity transmission and distribution infrastructure.

 

Since late 2009 Ceramic Fuel Cells has received orders for ten BlueGen units from customers in Australia, Japan, Germany and The Netherlands, including a recent order from German utility EWE and Dutch gas utility Gasterra. Ceramic Fuel Cells has also deployed fully integrated mCHP products with leading energy companies and appliance manufacturers in France and the United Kingdom.

 

ENDS

 

For further information please contact:

 

Ceramic Fuel Cells

Frank Obernitz

Tel: +49 171 330 0721

Andrew Neilson

Tel: +61 419 950 771

Email: investor@cfcl.com.au

Nomura Code Securities (AIM Nomad)

Tel: +44 (0) 207 776 1200

Juliet Thompson / Chris Golden

German Media enquiries

Matthias Baumgarten, PR Partner

 

Tel: +49 172 850 4975

 

UK Media enquiries

Sarah MacLeod, Hogarth Partnership

 

Tel: +44 7747 602 739

Australia Media enquiries

Richard Allen, Oxygen Financial Public Relations

 

 

Tel: +613 9915 6341

 

 

 

About Ceramic Fuel Cells Limited

 

Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. The Company is developing micro combined heat and power and distributed generation units that generate electricity and heat for homes and other buildings. Ceramic Fuel Cells is developing products with leading appliance partners and utility customers in Germany, France, the United Kingdom and Japan. In 2009 the company launched its BlueGen gas-to-electricity product.

 

Ceramic Fuel Cells is headquartered in Melbourne, and has operations in the UK and Germany. In October 2009 the Company opened its fuel cell stack manufacturing plant in the Industriepark Oberbruch in the North Rhine-Westphalia region of Germany. The Company is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

 

www.cfcl.com.au 

 

 

About RheinEnergie

 

The RheinEnergie Group stands for infrastructure services for the Rhine region. RheinEnergie has approximately 2,900 staff and supplies 2.5 million customers with energy and drinking water. The RheinEnergie Group has annual revenue of around 4 billion euros. As part of the "Energy & Climate 2020" program, before 2012 RheinEnergie will invest 25 million euros in energy efficiency and up to 100 million euros in climate protection.

 

www.rheinenergie.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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