CFU ceramic fuel cells limited

story on sky sunday business, page-2

  1. 20,883 Posts.
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    Hi acees :) as always your posts are informative and relevant.
    I've been watching CFU for yonks (I think it might have been you who tipped me onto researching it in the first place - back when it was around 4c! LOL!! And all I did was like it and watch from a distance - every now and then giving myself a huge kick for not having any!
    Now I'm on board with a small holding which I will try to increase on as I can.

    Meanwhile it will be good to hear what sky business has to say - will have to read about it here as we don't have satellite.

    And on the news front here's a Reuters story from UK (apologies if already posted)


    "LONDON, May 22 (Reuters) - Renewable energy company Ceramic Fuel Cells Ltd (CFU.AX) (CFU.L) has launched a dishwasher-sized low emission generator for the home.

    The company described the BlueGen generator, which produces electricity and hot water, as a "mini power station for homes" and said it would help reduce greenhouse gas emissions and cut home energy bills.

    London-listed shares in the company jumped 34 percent to 8.5 pence by 0844 GMT, having earlier risen as much as 50 percent.

    Over the course of a year, the generator -- which converts natural gas to electricity and heat via ceramic fuel cells -- could produce more than twice the electricity needed to power an average home, the Australia-based company said.

    Compared to brown coal electricity generators, BlueGen could reduce carbon dioxide emissions by up to 75 percent, it added.

    Ceramic Fuel plans to make the product available in Australia from early 2010 and said it was in discussions with potential purchasers in other markets, including in Europe and North America."

    (Reporting by Kylie MacLellan; Editing by Rosalba O'Brien)
    http://uk.reuters.com/article/hotStocksNews/idUKLM47902220090522

 
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