CFU did sell a bluegen in the USA back in August as per details below. Considering Americans enjoy purchasing American branded equipment, Smart Hybrid Systems plan to build energy products using CFU's solid oxide fuel cell, sounds promising.
"Ceramic Fuel Cells Limited (AIM/ASX: CFU) ? a leading developer of high efficiency and low emission electricity generation units for homes and other buildings ? today announced its first BlueGen product sale in the United States to one of the United States? largest energy companies. Ceramic Fuel Cells will install a BlueGen gas-to-electricity generator at the energy utility?s engineering center in California. The BlueGen unit is scheduled to be installed in September 2010. Ceramic Fuel Cells? local partner, California-based Smart Hybrid Systems, Inc., will provide local installation and support services, including integrating the BlueGen unit with thermal and electrical management systems as well as metering equipment. Smart Hybrid Systems, a US energy appliance manufacturer, also plans to develop innovative hybrid fuel cell and energy storage products utilizing the Ceramic Fuel Cells solid oxide fuel cell as the core generator of electricity and heat."
CFU Price at posting:
16.7¢ Sentiment: Buy Disclosure: Held
