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CERAMIC FUEL CELLS' BLUEGEN SALE TO EON RUHRGAS

11th Feb 2010 10:54

RNS Number : 0139H
Ceramic Fuel Cells Limited
11 February 2010
 



 

 

 

11 February 2010

 

 

CERAMIC FUEL CELLS' BLUEGEN SALE TO EON RUHRGAS

 

 

Ceramic Fuel Cells Limited [AIM/ASX: CFU], a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, has sold another BlueGen power and heating unit in Germany, to leading German gas utility E.ON Ruhrgas.

 

E.ON Ruhrgas AG is part of the E.ON Group and is responsible for the European gas business from exploration, transmission and supply to major customers. With a purchasing and sales volume of approximately 700 billion kWh of gas and revenue of 27 billion Euros a year, E.ON Ruhrgas is one of the leading gas companies in Europe and the largest in Germany.

 

From Q2 2010 E.ON Ruhrgas will operate a BlueGen unit at its micro power and heating test facility in Essen, Germany.

 

Ceramic Fuel Cells is also working with E.ON UK, another member of the E.ON Group, to deploy fully integrated power and heating products in the United Kingdom market.

 

About the size of a dishwasher, each BlueGen unit can produce twice the electricity needed to power an average home, with the surplus electricity sold back to the grid. BlueGen also produces heat, to make enough hot water for an average home. BlueGen units can generate electricity more efficiently than the current European power grid, significantly reducing a home's carbon emissions and cutting energy bills.

 

Ceramic Fuel Cells has achieved electrical efficiency of 60 percent, far higher than any other technology in the rapidly expanding market for small scale power and heating generators. When heat is recovered from the electricity production process, total efficiency is up to 85 percent - twice as efficient as the average among current European power stations.

 

By generating power close to where it is used, Ceramic Fuel Cells' products can meet the future demand for electricity without the need for huge investments in electricity transmission and distribution infrastructure.

 

The order from E.ON Ruhrgas follows recent BlueGen orders from other German utilities RheinEnergie and EWE, and Dutch gas utility Gasterra, as well as customers in Australia and Japan. Ceramic Fuel Cells has also deployed fully integrated power and heating products with leading energy company Suez GDF in France.

 

ENDS

 

 

For further information please contact:

 

Ceramic Fuel Cells

Frank Obernitz

Tel: +49 171 330 0721

Andrew Neilson

Tel: +61 419 950 771

Email: [email protected]

Nomura Code Securities (AIM Nomad)

Tel: +44 (0) 207 776 1200

Juliet Thompson / Chris Golden

German Media enquiries

Matthias Baumgarten, PR Partner

 

Tel: +49 172 850 4975

 

UK Media enquiries

Sarah MacLeod / Vicky Watkins, Hogarth

 

Tel: +44 7747 602 739

Australia Media enquiries

Richard Allen, Oxygen Financial Public Relations

 

 

Tel: +613 9915 6341

 

 

 

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. The Company is developing micro combined heat and power and distributed generation units that generate electricity and heat for homes and other buildings. Ceramic Fuel Cells is developing products with leading appliance partners and utility customers in Germany, France, the United Kingdom and Japan. In 2009 the company launched its BlueGen gas-to-electricity product.

 

Ceramic Fuel Cells is headquartered in Melbourne, and has operations in the UK and Germany. In October 2009 the Company opened its fuel cell stack manufacturing plant in the Industriepark Oberbruch in the North Rhine-Westphalia region of Germany. The Company is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

 

www.cfcl.com.au 

 

 

About E.ON Ruhrgas

 

E. ON Ruhrgas is one of the leading European gas companies. Within the operating worldwide E. ON Group, the company is headquartered in Essen responsible for the pan-European gas business. Together with their affiliated companies E. ON Ruhrgas is about the exploration and production to transport, storage and wholesale trade actively to distribution at all levels of the gas market value chain. E. ON Ruhrgas customers are local and regional energy providers, industry and power plants.

 

www.eon-ruhrgas.com 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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