EWE Funding Approval
July 20 2011 - 2:00AM
RNS Non-Regulatory
TIDMCFU
Ceramic Fuel Cells Limited
20 July 2011
German Government approves funding for 200 unit order
20 July 2011
Ceramic Fuel Cells Limited (AIM/ASX: CFU), the world's leading
developer of high efficiency and low emission power products for
homes and other buildings, is pleased to announce that the German
Government has formally approved funding for an order of up to 200
Ceramic Fuel Cells' integrated power and heat generators from
German energy service provider EWE.
The previously announced order from EWE is the largest order the
Company has received, with total revenue of up to EUR 4.9 million
over two years. Part of the funding for the order is being provided
by the German government's national hydrogen and fuel cell
technology innovation program.
Ceramic Fuel Cells is supplying the core Gennex fuel cell module
and related components to its local manufacturing partner, Gebruder
Bruns Heiztechnik GmbH, which is integrating the fuel cell module
with a boiler into an integrated power and heating product for
supply to EWE. EWE will then install the units in homes in the
Lower Saxony region in northern Germany.
EWE is the Company's longest standing utility customer and one
of the largest and most innovative utilities in Germany, with 6,400
staff and revenues of EUR 5.8 billion. Based in Northern Germany,
EWE also has operations in other German states as well as Poland
and Turkey.
Apart from the project in Germany with EWE, the Company is also
developing and deploying integrated mCHP units in France and the
United Kingdom, and has sold its BlueGen modular power and heating
products in Europe, Japan, Australia and the USA.
For further information please contact:
Ceramic Fuel Cells
Andrew Neilson Tel: +613 9554 2300
Email: investor@cfcl.com.au
Nomura Code Securities Tel: +44 (0) 207
(AIM Nomad) 776 1200
Juliet Thompson, Chris
Golden
Australia Media enquiries
Richard Allen, Oxygen Financial Tel: +613 9915 6341
Public Relations
UK Media enquiries Tel: +44 (0) 7786
Mark Way 116 991
About Ceramic Fuel Cells:
Ceramic Fuel Cells Limited 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
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.
Ceramic Fuel Cells has also sold 90 BlueGen gas-to-electricity
generators to major utilities and other foundation customers in
Germany, the United Kingdom, Switzerland, The Netherlands, Italy,
Japan, Australia and the USA. Ceramic Fuel Cells recently won the
2010-11 DuPont Design for a Sustainable Future innovation award and
the Microgeneration UK 2011 Technical Innovation Award. The company
is listed on the London Stock Exchange AIM market and the
Australian Securities Exchange (code CFU).
www.cfcl.com.au
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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