The new 10b clean energy fund announced as part of the carbon tax includes funding for both renewable and hybrid technologies. If CFU can get its fuel cells included in this scheme there is potential for large orders supported by the clean energy fund. The 25 units that are to be installed in Newcastle as part of the smart grid programme will hopefully provide independent scientific/economic endorsements for the potential of the CFU fuel cells.
CFU Price at posting:
12.7¢ Sentiment: LT Buy Disclosure: Held