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CFU Extends French Project

29th Jul 2009 07:00

RNS Number : 4526W
Ceramic Fuel Cells Limited
29 July 2009
 

29 July 2009 

Ceramic Fuel Cells and GDF Suez move ahead with development of combined heat and power units for French market

Ceramic Fuel Cells Limited (ASX/AIM: CFU), a global leader in fuel cell development, has extended its agreement with GDF Suez to develop and deploy fuel cell micro combined heat and power (mCHP) units in France.

Ceramic Fuel Cells' heat and power units convert natural gas to electricity and heat, providing power and heating for homes and other buildings

GDF Suez has agreed to fund their share of the development of a fully integrated mCHP, comprising a fuel cell module from Ceramic Fuel Cells together with a condensing boiler from the De Dietrich Remeha Group. The mCHP unit will produce up to 2kW of power and provide hot water for use in French households.

Ceramic Fuel Cells and De Dietrich Remeha expect to deliver the first fully integrated unit to GDF Suez in late November 2009. The integrated mCHP will be operated at GDF Suez's test facilities in Paris. This mCHP will have all the functionality expected of a commercial mCHP product. In parallel the parties will work on the next version of the mCHP for deployment in large numbers.

This agreement to move to the next stage of product development follows the successful completion of the first phase of the partners' product development. In this phase a semi-integrated prototype unit was developed in order to meet GDF Suez's performance and lifetime requirements for the French market. 

The company's heat and power units have achieved electrical efficiencies of 60 per cent while exporting power to the grid. This electrical efficiency is far higher than any other micro combined heat and power technology.

Ceramic Fuel Cells is also developing products with leading utility and appliance partners in Germany, the United Kingdom and Japan.

ENDS

For further information please contact:

Ceramic Fuel Cells

Andrew Neilson

Tel: +61 3 9554 2300

Email: [email protected]

Nomura Code Securities

Tel: +44 (0) 207 776 1200

Juliet Thompson / Chris Golden

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 solid oxide 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 GermanyFrance, the United Kingdom and Japan. In May 2009 the company launched its BlueGen gas-to-electricity product. Headquartered in Melbourne, and with operations in the UK and Germany, Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au 

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