Leading European Fuel Cell Industry Association Appoints Andreas Froemmel of FuelCell Energy Solutions to Executive Board
April 13 2015 - 03:00AM
- Andreas Froemmel, FCES Vice
President of Business and Commercial Development, is appointed to
New Energy World - Industry Group (NEW-IG) Executive
Board
- Joins five existing Board
members from industry to collectively educate policymakers on the
benefits of fuel cell deployment in Europe
DRESDEN, Germany, April 13, 2015 (GLOBE NEWSWIRE)
-- FuelCell Energy Solutions, GmbH (FCES), a provider of
ultra-clean, efficient and reliable stationary fuel cell power
plants, announced the appointment of Andreas Froemmel, Vice
President of Business and Commercial Development at FCES, to the
Executive Board of New Energy World - Industry Group (NEW-IG); the
industry association educating and promoting fuel cell
implementation in Europe. NEW-IG is the sole industry partner of
the European Commission and the Research community (N.ERGHY) within
the Fuel Cells and Hydrogen Joint Undertaking (FCH JU). Mr.
Froemmel, the sixth member of the Executive Board and therewith the
FCH JU Governing Board, brings with him over 15 years of experience
in the energy industry and will play an integral role in the
NEW-IG's mission to advance the market development of fuel cells
and hydrogen technologies in Europe.
Commenting on the outcome of the elections,
Pierre-Etienne Franc, Chairman of NEW-IG said, "The NEW-IG Board
brings together a balanced representation of the various industry
fields involved in developing fuel cells and hydrogen. This
diversity reflects our broad membership. It is one of our strongest
points as a European association."
"We will keep working hand in hand with the
European Commission and the Research Grouping to unleash the full
potential of the FCH 2 JU under Horizon 2020. For this new period
we will look to deliver a new generation of materials and continue
improving existing prototypes as well as to demonstrate on a large
scale the readiness of the technology to enter the market in the
fields of transport (cars, buses and refueling infrastructure) and
energy (clean and green hydrogen production and distribution,
energy storage and stationary power generation). Members of NEW-IG
will take full advantage of their role as priority-setters of the
programme's actions and developments," continued Mr. Franc. "Today,
the association brings together 85 member companies from 18
countries and we expect the constituency to expand further,
reflecting the unique value we bring to Europe to invest in a clean
and secure future."
"Europe's transition to clean on-site power that
enhances the resiliency of power supply is reliant on the
implementation of integrated solutions incorporating fuel cell and
hydrogen technologies for power, heat and transport fuel," said
newly appointed Board member Andreas Froemmel. "My key objective as
a board member is to assimilate these different needs in a manner
that is complimentary to the NEW-IG policy and that is supportive
of the market development and continued progress of FCH JU."
"To accomplish our mission, we have to ensure that
the markets are ready for our solutions and educate the policy
makers about the attributes and benefits of these technologies, for
both industry and society, so that the appropriate regulatory
framework is present to support greater adoption," continued Mr.
Froemmel.
The NEW-IG mission is to enhance environmental and
economic sustainability while positioning Europe at the forefront
of global energy-related technological developments. Its unique
public-private partnership with N.ERGHY within the FCH JU supports
Europe's development and commercial introduction of clean
technologies in the transport and energy sectors. Learn more about
the NEW-IG's objectives at
www.new-ig.eu/about-us/mission-objectives.
By helping establish the priorities of the FCH JU
annual and multi-annual implementation plans, NEW-IG Executive
Board members are entrusted with the power and opportunity to shape
the focus of the FCH JU program. From 2008 - 2013, the FCH JU had a
budget of €940 million available. The second generation of the
program (FCH 2 JU) has been approved with a more than 40% increase
in funding, achieving a total budget of €1.33 billion.
Mr. Froemmel is the sixth member of the NEW-IG
Executive Board, adding FCES to the list of companies represented
by its members including Pierre-Etienne Franc from Air Liquide,
Georg Frank of Daimler AG, Gaelle Hotellier from Siemens AG, Henri
Winand from Intelligent Energy and Thomas Melczer from Proton Motor
.
Mr. Froemmel's leadership at FCES, since the
company's founding in 2012, has directly impacted the market
awareness of affordable and ultra-clean stationary fuel cell power
plants in Europe including installations in Berlin with the German
Government and in London, including a downtown office tower, 20
Fenchurch, and the Crown Estate owned Regent Street development.
Mr. Froemmel actively engages with European legislative and
regulatory officials to explain how stationary fuel cell power
plants are at the confluence of energy, environmental and economic
policies by providing enhanced grid resiliency, delivered in a
manner that is virtually absent of pollutants, while creating local
jobs, including manufacturing positions, as local demand
supports.
About
NEW-IG:
Bringing together 85 companies, New Energy World
Industry Grouping (NEW-IG) is the leading European industry
association working to accelerate the market-deployment of fuel
cells and hydrogen technologies. NEW-IG partners with the European
Commission and the research community within the Fuel Cells and
Hydrogen Joint Undertaking. This industry-led public-private
partnership supports the research, development and demonstration
towards commercial introduction of fuel cells and hydrogen
technologies through annual calls. More broadly, NEW-IG is the
leading voice of the Industry vis-à-vis the European
decision-makers to secure financial and regulatory support for
market deployment of fuel cells and hydrogen in Europe. For more
information: www.new-ig.eu.
About
FuelCell Energy Solutions, GmbH
FuelCell Energy Solutions manufactures, sells,
installs, and services stationary fuel cell power plants that
efficiently and economically generate electricity and usable high
quality heat suitable for making steam. Administrative offices are
located in Dresden, Germany and manufacturing operations are
located in Ottobrunn, Germany. Continuous power generated at the
point of use with the virtual absence of pollutants supports energy
security and power reliability as well as sustainability
initiatives. Ultra-Clean baseload distributed generation is
attractive to electric utilities, universities, hospitals,
government facilities, industrial operations and other locations
with significant power needs. For more information please visit our
website at www.fces.de
Direct FuelCell, DFC, DFC/T, DFC-H2 and FuelCell
Energy, Inc. are all registered trademarks in the U.S.A. of
FuelCell Energy, Inc. DFC-ERG is a registered trademark jointly
owned by Enbridge, Inc. and FuelCell Energy, Inc.
CONTACT: FuelCell Energy Solutions GmbH
Andreas Froemmel
Manager Commercial
+ 49 351 2553 7397
afroemmel@fces.de
FuelCell Energy, Inc.
Kurt Goddard
Vice President Investor Relations
(+001) 203-830-7494
ir@fce.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: FuelCell Energy, Inc. via Globenewswire
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