CFU 0.00% 0.4¢ ceramic fuel cells limited

germany introduces capital subsidy formchp pro

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    Tuesday 3 April 2012

    Germany Introduces Capital Subsidy formCHP Products


    Ceramic Fuel Cells Limited (AIM / ASX: CFU) – a leading developer of high efficiency and low emission
    electricity generation products for homes and other buildings – is pleased to announce that the German
    Federal Government has introduced a capital subsidy for micro power and heating (mCHP) products,
    including Ceramic Fuel Cells’ products.

    From 1 April 2012, subsidies are available for eligible mCHP products which generate up to 20 kilowatts of
    electricity and meet demanding performance requirements, including a total efficiency of at least 85 percent.

    Ceramic Fuel Cells’ BlueGen and integrated mCHP products will receive a subsidy of 1,800 Euros per unit.

    The subsidy is available to the end customer who installs the mCHP product. The subsidy program is
    administered by the Federal Office of Economics and Export Control (BAFA), which is part of the Federal
    Ministry of Economics and Technology (BMWi).

    This program is in addition to the existing German CHP Law, which requires that 25 percent of Germany’s
    electricity generation comes from combined heat and power (small and large scale) by 2020.

    Ceramic Fuel Cells’ Managing Director Brendan Dow said:

    “We welcome this policy to help the deployment ofmCHP products. While the subsidy amount is modest, Germany continues to be a leadingmarket for our clean energy products.
    We are actively discussing additionalmarket introduction programs with State and Federal Governments in Germany. We look forward to these ongoing consultations to help achieve Germany’s goal of a significant increase in high efficiency power and heat generation.”


    Sales &MarketingMomentumContinues

    Ceramic Fuel Cells is also pleased to announce that its German sales partner sanevo blue energy has received
    its first order for a BlueGen unit in Austria, as well as a follow-on order in Switzerland. As part of its first order for 100 BlueGens, sanevo blue energy has sold a BlueGen unit to its Austrian distribution partner and two
    units to the Swiss regional utility Cosvegaz near Lausanne. Approximately 30 of sanevo blue energy’s sales
    partners are now offering BlueGen to customers across Germany.

    Ceramic Fuel Cells has now received orders for 619 products (355 BlueGen products and 264 integrated
    mCHP units) from customers in ten global markets.

    Ceramic Fuel Cells continues to increase its sales and marketing activities in many global markets, including at
    the following industry events:


    E-world, Germany, February 2012

    Ceramic Fuel Cells displayed a demonstration BlueGen unit at E-world 2012, held in Essen, Germany. E-world
    is the largest specialist energy trade fair in Germany, with more than 20,000 visitors. The BlueGen
    demonstration unit was retrofitted with a window which displayed the Gennex module, the heart of the
    BlueGen product.


    Page 2 of 3

    FC Expo, Japan,March 2012

    With more than 300 exhibitors and 120,000 industry professionals, FC Expo is the world’s largest business to
    business exhibition and conference on fuel cells. As part of the technical conference, Ceramic Fuel Cells’ Chief
    Technology Officer Dr. Karl Föger gave a presentation on the Company’s technology and progress in Europe.


    Green Cities, Australia,March 2012

    Ceramic Fuel Cells exhibited BlueGen for the first time at Green Cities in Sydney, the largest green building
    conference in Asia-Pacific. During this exhibition visitors included small and large construction companies,
    local councils, leading architects and sustainability consultants/engineers.


    Ecobuild, UK,March 2012

    Ceramic Fuel Cells showcased a BlueGen unit at the E.ON stand at Ecobuild in London, with many visitors
    showing considerable interest in BlueGen's role as the backbone of a community energy scheme. As part of
    the conference Mr Paddy Thompson, General Manager Business Development, delivered a presentation on
    Power led applications for domestic, commercial or community installations. A copy of this presentation is
    available at www.cfcl.com.au.


    Cleantech Forum, USA,March 2012

    Ceramic Fuel Cells participated in the 10th annual Cleantech Forum as part of an Australian delegation,
    covering the themes of strategic partnerships across several industries including; utilities, energy efficiency
    and smart grids. BlueGen was included in these discussions as a component of modernising the energy
    industry towards a low carbon future.


    H2FC 2012, UK,March 2012

    The 8th international conference, Smart Hydrogen & Fuel Cell Power - Hydrogen & Fuel Cell Products for a Low
    Carbon Future, is the UK’s premier showcase for the latest in hydrogen and fuel cell products. Ceramic Fuel
    Cells showcased a BlueGen at this exhibition in Birmingham.


    In April 2012 Ceramic Fuel Cells will again be exhibiting at the Hannover Messe in Germany.

    The Hannover Messe is one of the world’s most important technology events, showcasing groundbreaking
    innovations at eight international flagship fairs. 2012 also sees the premiere of IndustrialGreenTec, the new
    trade fair for environmental technology. Ceramic Fuel Cells will be exhibiting within the Group Exhibit
    Hydrogen + Fuel Cells 2012 in Hall 27 alongside companies such as E.ON Ruhrgas, EWE and EnBW.

    The Company is confident that these sales and marketing initiatives will continue to raise the profile of the
    Company’s world leading clean energy products, and maintain the momentum in sales growth.


    ENDS
 
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