CFCL wins 2010-11 DuPont CEO & Innovation Awards
May 16 2011 - 3:51AM
RNS Non-Regulatory
TIDMCFU
Ceramic Fuel Cells Limited
16 May 2011
Ceramic Fuel Cells wins 2010-11 CEO's Award and
DuPont Innovation Award
Monday 16 May 2011
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 BlueGen
gas-to-electricity generator has won the 2010-11 'CEO Award' -
DuPont Australia and New Zealand's most prestigious innovation
award.
BlueGen also won the 'Design for a Sustainable Future' award,
one of seven categories at the biennial DuPont Australia & New
Zealand Innovation Awards. The announcement was made at a dinner on
Friday night at Melbourne's Grand Hyatt Hotel.
The 'Design for a Sustainable Future' category - included in the
awards for the first time -
attracted entries from throughout Australia and New Zealand.
First held in 2003-04, the DuPont Australia & New Zealand
Innovation Awards recognise the commercialisation of outstanding
science and technology. Categories include Building Innovation,
Agriculture and Food Production and Marketing, Performance
Materials, Design for a Sustainable Future, and Medical and
Healthcare.
The 'Design for a Sustainable Future' category is a
broad-ranging category for innovations adopted for commercial use
between 1 January 2008 and 31 March 2010 in Australia and/or New
Zealand.
Entries were judged on degree of innovation, scope of
application (current and potential), commercial significance and
benefit (current and potential), degree of collaboration, and
environmental sustainability.
Announcing the award from the United States, DuPont Chair and
CEO Ellen Kullman said Ceramic Fuel Cells "is helping to reduce
dependence on fossil fuels by providing a source of cleaner, more
efficient, low cost energy. Currently collaborating with multiple
partners across the globe to help bring cleaner electricity to
markets in Europe, the United States and Japan, as well as
Australia, tonight's winner is a great example of the important
innovation happening in Australia and New Zealand that can benefit
people everywhere."
Ms Kullman said: "Since 2004 these awards have recognised the
commercialisation of outstanding science and technology solutions
that are meeting the big challenges - in Australia and around the
globe. Global population will pass the seven billion mark in 2011,
and exceed nine billion people by 2050 - or about 150,000 more
people on the planet every day. This translates into critical needs
in the areas of feeding the world, reducing our dependence on
fossil fuels, and keeping people and the environment safe.
"These megatrends are driving our science and innovation. But
providing for the food, energy and protection needs of a growing
population will require more than DuPont science. So we are
building alliances with people, companies, governments and
organizations around the world in an effort to improve the lives of
people everywhere."
Brendan Dow, Managing Director of Ceramic Fuel Cells, said: "We
are thrilled to accept two such prestigious awards, and are
delighted that our ground-breaking technology has been recognised
by a company such as DuPont, which has been creating sustainable
solutions for a better, safer and healthier world for more than 200
years."
Ceramic Fuel Cells' BlueGen gas-to-electricity units connect to
a building's existing natural gas pipeline and mains water. BlueGen
units operate constantly, generating 1.5 kilowatts of electricity
plus heat for hot water, 24 hours a day, seven days a week,
regardless of weather.
Over the course of a year each BlueGen unit can produce about
13,000 kilowatt hours of electricity - more than twice the power
needed for an average Australian home. The heat by-product is
enough to produce 200 litres of hot water each day.
BlueGen has a peak electrical efficiency of 60%, and a total
efficiency, including the heat, of 85%. The BlueGen unit has the
highest electrical efficiency of any small-scale power generation
system in the world.
For further information:
Ceramic Fuel Cells
Andrew Neilson Tel: +61 419 950
771
Email: investor@cfcl.com.au
Nomura Code Securities (AIM Tel: +44 (0) 207
Nomad) 776 1200
Juliet Thompson, Chris Golden www.nomuracode.com
UK Media enquiries Tel: +44 7786 116991
Mark Way
mark.w@harvardamerica.com
Australia Media enquiries Tel: +613 9915 6341
Richard Allen
Oxygen Financial Public Relations
richard@oxygenpr.com.au
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 E.ON UK in the United Kingdom, GdF Suez in
France and EWE in Germany. The company has sold 70 BlueGen units 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 listed on the London
Stock Exchange AIM market and the Australian Securities Exchange
(code CFU).
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAGRGDUCSBBGBL
Ceramic Fuel Cells (LSE:CFU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ceramic Fuel Cells (LSE:CFU)
Historical Stock Chart
From Apr 2023 to Apr 2024