CFCL appoints Netherlands BlueGen distributor
July 21 2011 - 1:00AM
RNS Non-Regulatory
TIDMCFU
Ceramic Fuel Cells Limited
21 July 2011
Ceramic Fuel Cells appoints BlueGen distributor in The
Netherlands
21 July 2011
Ceramic Fuel Cells Limited (AIM/ASX: CFU), a leading developer
of high efficiency and low emission power products for homes and
other buildings, has signed a distribution agreement with Zestiq
B.V., for Zestiq to market and sell Ceramic Fuel Cells' BlueGen
gas-to-electricity products in The Netherlands.
Zestiq is part of the consortium of innovative companies which
in March 2011 bought and installed a BlueGen in a 17th century
canal house "De Groene Bocht" in the centre of Amsterdam. The aim
of Zestiq is to accelerate 'clean technology' which is market
ready. By developing smart business models for the different
technologies, Zestiq aims to significantly reduce the time to mass
market.
Zestiq and its partners will market and sell BlueGen units to
small commercial and residential customers in The Netherlands. The
units will be installed and maintained by the service company of
Eneco, Eneco Installatie Bedrijven.
The other members of the consortium include several leading
energy companies in The Netherlands: Liander is a distribution
company with 2.9 million electricity customers and 2.1 million gas
customers. GasTerra is an international natural gas trading company
owned by Royal Dutch Shell, Exxon Mobil and the Dutch Government.
Responsibility for the planet and for society go hand in hand at
GasTerra, which is why sustainability is an important component of
GasTerra's policy. The company supports the development of gas
technologies, such as BlueGen units, that could make a significant
contribution to the transition to sustainable sources of energy. A
BlueGen unit is also installed at the home of a Director of
GasTerra.
The other consortium member, Eneco, currently provides services
for a range of heating and cooling technologies, including other
small scale combined heating and power products. Eneco invests in
sustainable energy sources such as wind, hydro and solar energy,
biomass, heating and cooling and decentralised, local generation of
energy. Eneco is active in the North West European market with
operations in Belgium, France, Germany and the United Kingdom.
Eneco is mission partner of the World Wildlife Fund (WWF) and the
world's first energy company to participate in the international
Climate Saver programme.
Matthijs Guichelaar from Zestiq said "Zestiq sees a huge market
potential for BlueGen in the Netherlands. With its dense gas
network, large gas reserves in the North and growing interest in
distributed generation, we think the Netherlands and the BlueGen
are a perfect match. We see great possibilities in carbon reduction
and smartgrid applications. Together with Eneco we are looking
forward to starting to make sales."
Brendan Dow, Managing Director of Ceramic Fuel Cells said "We
are very pleased to have appointed Zestiq as another sales channel
for BlueGen, this time in the important Dutch market. Zestiq and
their utility partners will drive BlueGen sales in this market to
build on our sales channels in the UK and other key markets."
BlueGen uses ceramic fuel cells to turn natural gas into
electricity and heat for hot water, with each unit capable of
producing more than three times the electricity needed to power the
average Dutch home. (In The Netherlands an average home consumes an
estimated 3,700 kilowatt hours of electricity per year.)
Surplus electricity can be sold back to the grid or used in
supplementary applications such as charging an electric car, as
well as having the additional benefit of providing heat for
domestic hot water use. BlueGen units generate electricity with the
highest electrical efficiency of any small scale generating
technology in the world, reducing energy bills and cutting carbon
emissions.
BlueGen customers in The Netherlands are eligible to receive a
feed in tariff for up to 5,000 kilowatt hours of electricity
exported back to the grid.
For further information please contact:
Ceramic Fuel Cells
Andrew Neilson Tel: +61 419 950
771
Email: investor@cfcl.com.au
Nomura Code Securities Tel: +44 (0) 207
(AIM Nomad) 776 1200
Juliet Thompson, Chris
Golden
Australia Media enquiries
Richard Allen, Oxygen Financial Tel: +613 9915 6341
Public Relations
UK Media enquiries Tel: +44 (0) 7786
Mark Way 116 991
Zestiq Tel: +31 6 23 199
Matthijs Guichelaar 812
Eneco Tel: +31 6 21 499
Irene Verhoeven 311
GasTerra Tel: + 31 6 53 53
Hans Overdiep 44 39
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. Ceramic Fuel Cells
is developing fully integrated power and heating products with
leading energy companies E.ON UK in the United Kingdom, GdF Suez in
France and EWE in Germany.
Ceramic Fuel Cells has also sold more than 90 BlueGen
gas-to-electricity generators to major utilities and other
foundation customers in Germany, the United Kingdom, Switzerland,
The Netherlands, Italy, Japan, Australia and the USA. Ceramic Fuel
Cells recently won the 2010-11 DuPont Design for a Sustainable
Future innovation award. The company is listed on the London Stock
Exchange AIM market and the Australian Securities Exchange (code
CFU).
www.cfcl.com.au
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