Ceramic Fuel Cells secures first USA sale
August 05 2010 - 2:00AM
UK Regulatory
TIDMCFU
RNS Number : 5691Q
Ceramic Fuel Cells Limited
05 August 2010
5 August 2010
Ceramic Fuel Cells secures first USA sale
Major California utility to demonstrate
BlueGen Gas-to-Electricity Generator
Ceramic Fuel Cells Limited (AIM/ASX: CFU) - a leading developer of high
efficiency and low emission electricity generation units for homes and other
buildings - today announced its first BlueGen product sale in the United States
to one of the United States' largest energy companies.
Ceramic Fuel Cells will install a BlueGen gas-to-electricity generator at the
energy utility's engineering center in California. The BlueGen unit is scheduled
to be installed in September 2010.
Ceramic Fuel Cells' local partner, California-based Smart Hybrid Systems, Inc.,
will provide local installation and support services, including integrating the
BlueGen unit with thermal and electrical management systems as well as metering
equipment. Smart Hybrid Systems, a US energy appliance manufacturer, also plans
to develop innovative hybrid fuel cell and energy storage products utilizing the
Ceramic Fuel Cells solid oxide fuel cell as the core generator of electricity
and heat.
About the size of a dishwasher, BlueGen is the latest breakthrough in small
scale electricity generation. BlueGen uses patented fuel cell technology to
convert natural gas into electricity and heat with very high efficiency.
BlueGen units can generate electricity at a peak electrical efficiency of 60
percent, far higher than any other technology in the large global market for
small scale electricity generation. When heat is recovered for hot water, total
efficiency is up to 85 percent - twice as efficient as the current power grid.
By generating power close to where it is used, Ceramic Fuel Cells' products can
meet the future demand for low emission electricity without the need for huge
investments in electricity transmission and distribution infrastructure.
Brendan Dow, Ceramic Fuel Cells' Managing Director said: "It is a great
achievement for us to have made our first BlueGen sale in the United States, to
one of the largest utilities in the country. Together with our existing sales
in Europe, Japan and Australia, this sends a strong message about the size of
the global markets that Ceramic Fuel Cells is targeting. It is exciting for us
that large utilities not only in the USA but throughout the western world are
investing seriously in low-emission power generation."
Since late 2009 Ceramic Fuel Cells has secured orders for 50 BlueGen units from
other major utilities and foundation customers in Germany, Switzerland, The
Netherlands, the United Kingdom, Japan and Australia, including E.ON Ruhrgas
(the largest gas utility in Germany), the German Gas Association, and Osaka Gas
(the second largest gas utility in Japan).
Ceramic Fuel Cells is also operating fully integrated power and heating products
with leading energy companies E.ON UK (the second largest electricity retailer
in the United Kingdom), GdF Suez (the largest gas utility in France) and EWE in
Germany.
For further information please contact:
+--------------------------------------+-----------------------+
| Ceramic Fuel Cells | |
+--------------------------------------+-----------------------+
| Andrew Neilson | Tel: +613 9554 2300 |
+--------------------------------------+-----------------------+
| | Email: |
| | investor@cfcl.com.au |
+--------------------------------------+-----------------------+
| | |
+--------------------------------------+-----------------------+
| Nomura Code Securities (AIM Nomad) | Tel: +44 (0) 207 776 |
| | 1200 |
+--------------------------------------+-----------------------+
| Juliet Thompson / Chris Golden | |
+--------------------------------------+-----------------------+
| | |
+--------------------------------------+-----------------------+
| Australia Media enquiries | Tel: +613 9915 6341 |
| Richard Allen, Oxygen Financial | |
| Public Relations | |
+--------------------------------------+-----------------------+
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. Ceramic Fuel Cells is developing fully integrated power and
heating products with leading energy companies in France, the United Kingdom and
Germany. The company has also sold BlueGen units to major utilities and other
foundation customers in Germany, the United Kingdom, Switzerland, The
Netherlands, Japan and Australia.
Ceramic Fuel Cells employs 100 staff in Australia and Europe and is listed on
the London Stock Exchange AIM market and the Australian Securities Exchange
(code CFU).
www.cfcl.com.au
About Smart Hybrid Systems, Inc.
Smart Hybrid Systems, Inc is a US energy appliance manufacturer based in
California developing a line of products for government, military, business and
home electrical, themal and hydrogen power generation and utilization needs.
With licenses from company founders' patents in the fuel cell, battery storage,
thermal management and transportation sectors, Smart Hybrid Systems offers
proprietary technologies with high efficiencies, lower emissions and
cost-effective life-cyle costs. The product line includes SmarThems(TM),
SmartWatts(TM), SmartMiles(TM), SmartCHPS(TM) and WattsGas(TM) units utilizing
fuel cells, batteries, thermal storage, energy management and hydrogen
generation with storage and fuel blending technolgies in combined heat, power
and storage (CHPS) hybrid configurations to maximize efficiency while reducing
costs.
SmartHybridSystems.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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