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Pnu Power order

31st Aug 2011 07:00

RNS Number : 2753N
Energetix Group plc
31 August 2011
 



 

Energetix Group plc

("Energetix" or "the Group")

 

Order from Aztec Electronics Pty in South Africa

 

Energetix Group plc (AIM: EGX), the AIM listed group with a proprietary low-cost microCHP domestic boiler and an innovative stand-by power product for mission critical installations, announces that its subsidiary Pnu Power Ltd ("the Company") has received an order from Aztec Electronics Pty for a 4kW compressed air UPS system.

 

Aztec Electronics Pty states that it has established itself as Southern Africa's leading supplier of premium quality batteries to the telecoms and military sectors for back-up and UPS solutions.

 

To date, the Pnu Power product range has been sold to the telecommunications and grid switching markets with systems in the 2 to 300kW range. This unit will be used to promote the Company's proprietary compressed air battery solutions to the telecommunications and other markets in South Africa.

 

Unlike batteries and flywheels, Pnu Power UPS systems have very low energy usage in standby mode, cost less to operate, require little maintenance and are consistently reliable. Today's market for data centre Uninterruptible Power Supply (UPS) solutions are characterised by the need for high electrical capacity per unit of space, high energy efficiency coupled with an increasing appetite for alternative (non-lead-acid-battery-based) energy storage solutions, according to the latest data from Frost & Sullivan.

 

Adrian Hutchings, Chief Executive Officer of Energetix Group, stated:

"Aztec positions itself as one of Africa's leading suppliers of standby power systems to the South African and broader African telecoms industries whose customers include Vodafone, MTN, Cell C, Huawei, ZTE, Ericsson, Nokia Siemens Networks, Alcatel and others. 

"Aztec believes there is tremendous potential for Pnu Power systems in South Africa and we are delighted to be working with Aztec to develop the South African opportunity."

 

Dean Marcus, Senior Manager at Aztec, stated:

"Aztec is very excited by the Pnu Power products and looks forward to offering it to the telecoms and other customers in South Africa."

 

 

For further information:

 

Energetix Group plc

www.energetixgroup.com

Adrian Hutchings, Chief Executive Officer

Tel: +44 (0)151 348 2111

 

 

Ambrian Partners Limited (NOMAD & Broker)

www.ambrian.com

Andrew Craig / Ben Wright

Tel: +44 (0)20 7634 4700

 

 

Walbrook PR Ltd

Tel: +44 (0)20 7933 8780

Paul McManus (Media Relations)

[email protected]

Paul Cornelius (Investor Relations)

[email protected]

 

 

 

About Energetix Group plc

 

Energetix Group plc is a developer of cost-effective products to meet the growing global demand for alternative energy, with particular focus on distributed generation, energy storage, and energy efficiency. Currently Energetix has two subsidiary businesses:

 

·; Genlec - distributed generation in the home;

·; Pnu Power - compressed air back-up power;

 

as well as a c.43% stake in VPhase plc, an energy efficiency business Energetix created and subsequently spun out of Energetix in 2010. VPhase is now a standalone independently funded commercial venture. Energetix's stake in VPhase was valued at £7.3m as at 31 December 2010.

 

With all technology development now completed Energetix is well funded to move into the commercialisation stage.

 

Genlec has developed a compact and light weight, wall mounted microCHP (Combined Heat and Power) appliance known as the Kingston Boiler. The appliance has been designed to generate 1kW of electrical power and meet the Microgeneration Certification Scheme (MCS) requirements to enable access to the Government's feed in tariff. The Kingston boiler is inherently low-cost in initial outlay and maintenance, and UK owners of approved microCHP products have the additional benefit of receiving a 10p/ kWh feed-in tariff on every kWh of electricity generated.

 

CE certification of the boiler has been obtained and initial units have been installed in employee homes. It is expected that CE certification of the power module will follow. Genlec will carry on field testing whilst continuing market engagement through multiple channel partners to continue commercial sales and establish a basis for growth from 2012.

 

Pnu Power focuses on the provision of compressed air back-up power which can ensure an uninterruptible power supply for critical systems, particularly for the telecoms and power network markets. Pnu Power range has been extended to include the DC100 product that can now meet the demand of the rapidly growing Green Data Centre market, providing a low carbon alternative to flywheels. Pnu Power has been successful in achieving repeat trial sales and is now poised to move out of the trial sales phase and into full volume commercial sales.

 

Energetix Group joined AIM in August 2006. The Group and its subsidiaries and associates are all based near Chester, NW England.

 

 

 

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