Press
Release
17 October 2014
Funding for fuel cell systems in German state has reached 100 units
The energy agency of the German state of North-Rhine-Westphalia (NRW) announced that it has granted the 100th funding approval for a fuel cell based microCHP unit. The funding program was launched in late 2012 and provides a grant of 65 per cent of the investment costs for fuel cell microCHP systems. Just like the first system that received the funding, the 100th unit is also a BlueGEN from CFCL. Overall, BlueGEN units take up a significant share of the units funded so far.
While the 100th unit to receive the funding will be installed at a construction company based in Wassenberg, NRW, the first unit has been running flawlessly for over a year now. Alois Buschfort, the owner of this unit, which is located in a local bakery in Essen, NRW, is very pleased with the performance: "The fuel cell system exceeded my expectations. The unit performs very reliably and provides low-cost electricity for the cooling system of the bakery located in my property while reducing the carbon emissions at the same time. The provided heat is mostly used for domestic hot water. I can only recommend the fuel cell technology."
As of last week, the state of NRW has invested more than 1.25 million Euros in the funding of fuel cell CHP systems. It was the first German state to establish a subsidy program for the innovative technology.
Customers of CFCL's BlueGEN, a microCHP fuel cells sytem producing 1,5 kWe at a groundbreaking electrical efficiency of 60 per cent, receive funding in excess of € 12,500. With this grant, the operation of the unit becomes very attractive to small and medium businesses as well as private family homes, as the overall energy cost can be reduced significantly.
Following the success of the program in NRW other German states, such as Hesse, Saxony, and Baden-Württemberg, have also introduced funding programs for highly efficient fuel cell technologies. An extended funding scheme on a federal level is currently being discussed.
- END-
Ceramic Fuel Cells Limited
ABN : 82 055 736 671
Website : www.cfcl.com.au
For further information please contact:
Ceramic Fuel Cells Limited
Arden Partners plc
Steve Doulgas Tel. : +44 (0) 121 423 8900
About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells Limited has sold its BlueGEN gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and the USA. Ceramic Fuel Cells Limited is also 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.
The company is listed on the London Stock Exchange AIM market and the Australian Securities
Exchange (code CFU).
www.cfcl.com.au
Page 2 of 2