Statement re BlueGen
January 23 2012 - 2:01AM
RNS Non-Regulatory
TIDMCFU
Ceramic Fuel Cells Limited
23 January 2012
23 January 2012
German Distributor secures customers for first 100 BlueGens
First German utility marketing BlueGen to customers
Ceramic Fuel Cells (AIM / ASX: CFU) a leading developer of high
efficiency and low emission power products for homes and other
buildings, and its sales partner sanevo blue energy have
successfully introduced BlueGen to the German market.
After only six weeks into sanevo's marketing campaign, sanevo
has received customer commitments for its first order of 100
BlueGen units. Sanevo has received commitments from public energy
utilities in six German states as well as from residential and
commercial customers. The BlueGen units are expected to be
delivered and installed over the next six months.
Sanevo's largest customer for BlueGen is Stadtwerke Aalen, the
local electricity and gas utility in the region of Aalen in
Southern Germany. Working with sanevo, Stadtwerke Aalen is now the
first German utility to actively promote and support sales of
BlueGen to its customers, including by providing an incentive
payment to early BlueGen customers.
Ceramic Fuel Cells' Managing Director Brendan Dow said: "This is
a great start to our partnership with sanevo. There is huge
interest in BlueGen from customers and utilities in Germany, plus
supportive policy settings. We look forward to delivering on these
first orders and securing larger follow on orders."
BlueGen converts natural gas into electricity and heat for hot
water for homes and other buildings. BlueGen delivers an electrical
efficiency of up to 60 percent - the highest in the world. When the
heat from BlueGen is used to produce hot water, total efficiency
increases to up to 85 percent.
The launch offer by sanevo includes the supply and installation
of the BlueGen, plus complete integration with hot water systems,
as well as a three or ten-year full-service contract, including
maintenance, warranty and support services.
Ceramic Fuel Cells appointed sanevo as a BlueGen distributor in
July last year, with an initial order for 100 BlueGen units. sanevo
has a target minimum of 500 units for delivery in its second year
and a target of 2,000 BlueGens over years three and four.
In Germany a number of federal states are contemplating market
introduction programs for fuel-cell based micro CHP systems. The
federal state of Saxony has announced a '1,000 Basement Programme'
to provide financial incentives for installing fuel cell based
micro CHP units. In late 2011 the state of North Rhine Westphalia
also announced plans to increase the share of CHP electricity
production to 25 percent, by providing funding of EUR 250 million
over several years to support the deployment of local CHP
systems.
- End -
For further information please contact:
Ceramic Fuel Cells
Andrew Neilson Tel: +61 419 950 771
Email: investor@cfcl.com.au
Australia Media enquiries
Richard Allen, Oxygen Financial Tel: +613 9915 6341
Public Relations Email: richard@oxygenpr.com.au
UK Media enquiries Tel: +44 (0) 7786
Mark Way 116 991
Email: Mark.W@harvardamerica.com
German Media enquiries Tel: +49 (0) 69 9218
7454
Alex Seiler, Hering Schuppener Email : aseiler@heringschuppener.com
Consulting
About Ceramic Fuel Cells:
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. The company has sold
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 has won five important awards in 2011: the
DuPont Design for a Sustainable Future Innovation Award, the
Microgeneration UK Technical Innovation Award; the Minerals and
Energy category at the Governor of Victoria Export Awards; the
Climate Alliance Limited Innovator of the Year Award; and the Clean
Technology - Harnessing Opportunities Award, presented by the
Banksia Foundation.
Ceramic Fuel Cells is listed on the London Stock Exchange AIM
market and the Australian Securities Exchange (code CFU).
www.cfcl.com.au
About sanevo blue energy
sanevo blue energy tests, distributes and services fuel
cell-based power generators. sanevo blue energy focuses
particularly on the BlueGen product from Ceramic Fuel Cells. In
addition to qualified employees, sanevo relies on a broad network
of experienced partner firms. Sanevo partners with the renowned
technical service provider SAG in the installation and maintenance
of BlueGen. This ensures reliable and flexible servicing, competent
installation and manufacturer-certified maintenance of these
products. sanevo has many years of experience with innovative
technologies in nano, micro or mini co-generation plants.
Additional information (in German): www.sanevo.de
This information is provided by RNS
The company news service from the London Stock Exchange
END
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