23rd Nov 2009 07:00
23 November 2009
GLOBAL HOME HEATING MANUFACTURER PALOMA TO INSTALL CERAMIC FUEL CELLS' BLUEGEN UNIT IN JAPAN
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 that Paloma, a leading global home heating manufacturer and owner of the Rheem, Solahart and Raypak brands, will install a BlueGen power and heating unit in its warehouse and sales office in Sapporo, Japan.
BlueGen is the latest breakthrough in small scale electricity generation. About the size of a dishwasher, each BlueGen unit can produce up to 17,000 kilowatt hours of power a year - twice the electricity needed to power an average home. Surplus electricity can be sold back to the grid.
Each BlueGen unit can significantly reduce carbon emissions, producing low emission power and hot water for homes and other buildings.
Under the agreement with Paloma, Ceramic Fuel Cells will supply a BlueGen unit for a 12 month demonstration, beginning in the first quarter of 2010. BlueGen will be connected to the existing Japanese natural gas pipeline and the power grid.
Ceramic Fuel Cells has been working with Paloma since early 2008.
In September 2008 Ceramic Fuel Cells installed a demonstration system at Paloma's facilities in Nagoya. The unit was successfully operated on one fuel cell stack for the agreed six month trial, until the end of March 2009. The unit exported power to the local grid and met all Paloma's technical performance requirements, including daily modulation (where the power output of the unit is turned up and down each day, to mimic the power needs of the average Japanese home).
Ceramic Fuel Cells is also deploying fuel cell products with leading utility customers and appliance companies in Germany, France and the United Kingdom.
ENDS
For further information please contact:
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Ceramic Fuel Cells |
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Andrew Neilson |
Tel: +61 3 9554 2300 |
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Email: [email protected] |
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Nomura Code Securities |
Tel: +44 (0) 207 776 1200 |
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Juliet Thompson / Chris Golden |
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Australia Media enquiries |
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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 Germany, France, 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
About Paloma
Paloma Industries Ltd, a company of The Paloma Group, is a privately held manufacturing company that began operation in 1911 as a pioneer in the Japanese gas appliance industry. Today, the Paloma Group is a leading world producer of gas appliances. Paloma's products for residential as well as commercial applications operate in a broad variety of installations around the world.
Paloma Group is headquartered in Nagoya, Japan, and has main manufacturing facilities or sales offices in Japan, the US, Canada, Mexico, Australia, New Zealand, Argentina, China, Vietnam, and Singapore. The Paloma Group's residential brands include Paloma, Rheem, Solahart and Everhot. Group annual revenue is approximately US$2.5 billion, with 15,000 people working for the Group around the world.
www.palomaglobal.com
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