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1m hours of operation

Date : 05/10/2012 @ 2:00AM
Source : UK Regulatory (RNS & others)
Stock : Ceramic Fuel (CFU)
Quote : 0.415  0.0 (0.00%) @ 5:24AM
Ceramic Fuel Cells share price Chart

1m hours of operation

TIDMCFU

RNS Number : 0344D

Ceramic Fuel Cells Limited

10 May 2012

Thursday 10 May 2012

Ceramic Fuel Cells' products achieve 1 million hours of operation

Ceramic Fuel Cells Limited (AIM / ASX: CFU) - a leading developer of high efficiency and low emission electricity generation products for homes and other buildings - is pleased to announce that its products have achieved a combined one million hours of operation.

Ceramic Fuel Cells' first field trial units were operated in Australia, New Zealand and Germany from early 2006. In 2007 the company developed its high efficiency Gennex fuel cell module, which is the core of the Company's BlueGen product (first installed with customers in 2010) and integrated mCHP products (developed with appliance partners in Germany, France and the United Kingdom).

Up to 1 May 2012, a total of 189 units have been operated at Ceramic Fuel Cells' facilities in Melbourne and Germany, as well as at customer sites in nine countries. Cumulative operation from all of these systems has now passed one million hours.

The company's products use ceramic fuel cells to turn natural gas into electricity - as well as heat for hot water - for homes, schools, offices and small commercial buildings. Surplus electricity can be sold back to the grid or used in supplementary applications such as charging electric cars. Our products have the highest electrical efficiency of any small scale generating technology in the world, reducing energy bills and cutting carbon emissions.

The company currently has an order book of 619 units made up of 264 integrated mCHP products and 355 BlueGen(R) products.

The number of units installed and operating at customer sites has increased significantly in recent months and is now up to 199. (This number is updated and reported on www.bluegen.net.)

Ceramic Fuel Cells Managing Director Brendan Dow said milestones such as one million hours of operation are important. "These units are not just operating in our labs, but at many customer sites in nine countries around the world," he said. "We continue to optimise the lifetime and reliability of our products, offering customers a real alternative to energy generation, saving them money and dramatically reducing their carbon emissions."

Brendan Dow discusses the Company's current activities in a webcast interview with BRR Media, available at http://www.cfcl.com.au/webcasts.

** BlueGen recently featured on Australian Channel 7's Today Tonight program - http://au.news.yahoo.com/today-tonight/latest/article/-/13501222/power-saving-breakthrough/

ENDS

 
For more information please contact: 
  Ceramic Fuel Cells Limited 
    Andrew Neilson  Mobile  : +61 (0) 419 950 
                     Email   771 
                             : investor@cfcl.com.au 
  Nomura Code Securities (AIM Nomad) 
    Chris Golden    Tel.    : +44 (0) 207 776 
                             1200 
 
 
 
Australian media enquiries 
  Richard Allen       Tel.    : +61 (0) 3 9915 
   Oxygen Financial    Email   6341 
   Public Relations            : richard@oxygenpr.com.au 
UK media enquiries 
  Mark Way            Tel.    : +44 (0) 7786 116 
   MW Research PR      Email   991 
                               : mark.w@harvardamerica.com 
German media enquiries 
  Alex Seiler         Tel.    : +49 (0) 69 9218 
   Hering Schuppener   Email   7454 
   Consulting                  : aseiler@heringschuppener.com 
 
 

About Ceramic Fuel Cells Limited:

Ceramic Fuel Cells is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells has sold its BlueGen gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and the USA. Ceramic Fuel Cells is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.

The company is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au

This information is provided by RNS

The company news service from the London Stock Exchange

END

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