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Ceramic Fuel wins innovation gong
July 13, 2010 - 12:44PM

AAP

An Australian company that develops energy-efficient electricity generation units has won an innovation award in Germany.

Ceramic Fuel Cells Ltd develops solid oxide fuel cell technology to provide low-emission electricity from natural gas and renewable fuels.

It won one of three awards from North Rhine-Westphalia's economic development agency NRW.INVEST, for innovation, expansion investment and new investment, to encourage investment in the German state.

Out of over 11,000 foreign companies eligible for the award, Ceramic Fuel was selected the winner for its new fuel cell production facility in Heinsberg.

Thousands of Ceramic's new BlueGen machines are expected to be manufactured at the facility annually, creating 80 new jobs.

The BlueGen machine is the size of a dishwasher and uses fuel cell technology to convert natural gas into electricity and heat.

NRW.INVEST managing director Petra Wassner told the award ceremony in Dusseldorf on Monday that Ceramic Fuel Cells was producing the technology of the future.

Ceramic managing director Brendan Dow said the award was recognition of the potential of the product to make a "significant difference to electricity production and climate change."

Ceramic shares were up 0.5 cent, or 3.03 per cent, at 17 cents at 1230 AEST.

http://news.smh.com.au/breaking-news-business/ceramic-fuel-wins-innovation-gong-20100713-108pc.html