CFU 0.00% 0.4¢ ceramic fuel cells limited

( Mezzolombardo / Heinsberg ,05/03/2016) Mid-January signed the...

  1. 2,428 Posts.
    lightbulb Created with Sketch. 4
    ( Mezzolombardo / Heinsberg ,05/03/2016) Mid-January signed the developer and manufacturer of fuel cell power systems based on SOFC technology that SolidPower, and the Chaozhou Three-Circle Group Ltd. (CCTC), one of the top 10 developmental and manufacturing company for electric and ceramic components in China, a comprehensive license agreement: This marks the beginning of a long-term cooperation that both Europe and China as markets in sight.

    CCTC had acquired part of the intellectual property of fallen into insolvency Australian Ceramic Fuel Cells Limited (CFCL). "With this agreement SolidPower are now indefinitely the gates open, the establishment of BlueGen market and promote demand," says Guido Gummert, Managing Director of SolidPower Germany expresses.

    Cooperation with CCTC designed for common future; enhanced market entry in the visor with the signing of the license agreement by Guido Gummert for SolidPower and Wan Zhen Zhang, CEO of CCTC in Chaozhou, in the region of Guandong of China begins at the same time an era of collaboration. At least ten years, the Agreement is designed, together with the option for SolidPower to extend the license as required and own product policy. The partnership between the two companies will in future go far beyond a license.

    The Chinese partner sees its core business and the value added in the supply of components and sub-components of fuel cell technology. "CCTC was previously already a supplier of innovative high-tech components. We will refine in the future and expand. "With these words Wan Zhen Zhang also describes the common perspective with the SolidPower yet committed to the strategic expansion of its leading innovative industrial technology. The first cells from the CCTC-fuel production have been already delivered to Heinsberg , For future protection of the high quality requirements and the required production quantities in early April the corresponding supply agreement between the companies was signed. This agreement also secures the North Rhine-Westphalian production plant in Heinsberg.

    Quality assurance processes that were located at the time of Ceramic Fuel Cells in Australia, built in Heinsberg. The manufacturing depth particularly in the manufacture of the fuel cell stack (stack) is increased. For the location Heinsberg this also brings an increased need for employees in the production area with it. "This supply agreement is SolidPower possible to increase the production volume for BlueGen fuel cell stack with a consistently high quality of the cells and fuel cell components, faster. In future, not only cells but also other fuel cell components are sourced from CCTC "Guido Gummert is the view of the cooperation. In addition to BlueGen technology SolidPower has another patented SOFC stack platform. The company's proprietary stack technology has seen dramatic cost reduction potential.

    The so produced stack is currently found in the 2.5 kWel narrow aggregate their place, promoted with the ene. field program of the European Union. The company's goal is a stack platform that is found in larger power demand and new product applications their use. "We have extensive SOFC experience and expertise, as it still has not brought any other company under one roof. This we will also use to optimize the BlueGen on. In addition, we have access to production capacity and solid supply chain, which we would otherwise have to build with high investments with CCTC. The interest of the Chinese supplier in the production of other, different BlueGen stack components opens up additional potential for cost reduction. We are thus able to drive the economies of scale in manufacturing and us in the future to set up competitive, "says Gummert," what we have begun successfully with the BlueGen 2015 is calculated to now the European demand for energy on the basis of . fuel cell technology with a solid brand extensively to use "Primarily the SolidPower CEO however the German market for electricity-generating micro-CHP-based power devices in their sights - economically by the highest electrical efficiencies and supported by government incentives to market entry of innovative energy technology, the" technology introduction program for stationary fuel cells, "short TEP.

    Signed and sealed: integration of CFC successfully completed in the SolidPower Following the acquisition of fixed assets and the entire staff of the former Ceramic fuel Cells GmbH (CFC) by the Solid Power in July last year, are now all measures finished, which were associated with the integration of CFC in the Solid Power. Just eight weeks later, in early September 2015, the delivery of new BlueGen branded SolidPower was resumed at the site Heinsberg. "Demand demanded the quickest possible start of production," says Guido Gummert, "and all are essential certifications, including the mandatory CE certification, quality certification ISO 9000, has been renewed in the name and with the signature of SolidPower. "

    Also included is the MCS-classification 1) , which is essential for deliveries of aggregates in the UK market." SolidPower at the Hanover Fair 2016 This year fair was the SolidPower from 25 to 29 April at the Hannover represented. Among other things, the BlueGen could be seen at the booth of the IBZ Fuel Cell Initiative, based in collaboration with other German developers and manufacturers of fuel cells, stationary energy and heating equipment. In addition, was Guido Gummert questioned, as a longtime expert on fuel cell technology "live on stage "to experience, as a speaker and interviewee guest at the Public Forum" hydrogen & Fuel Cells ".

    Even at other events he is nationwide throughout the year to announce his theme - the "SolidPower Commercial Strategy" .. The tenor of his lectures is dedicated to the goal of providing the customer with its energy needs at the center: His expectations, more electricity than heat all year round to reach 8,760-hour operation, spoke under Gummerts words in favor of using the BlueGen of SolidPower. He has fuel cell technology with the proven highest electrical efficiency and allows the energy cost savings the desired efficiency. Depending on the current fee and the price of natural gas, as well as through the use of national and European funding opportunities, payback is achieved in a few years. The investment in innovative fuel cell technology is Backed by a service contract SolidPower-own. Also the proper customer service is guaranteed: installation, commissioning and full service be performed by trained BlueGen skilled craftsmen. 1) Microgeneration Certification Scheme About CCTC: The Chaozhou Three-Circle Co., Ltd.(CCTC) is a group of companies based in the Chinese province of Guangdong. The company founded in 1970, has focussed on the development and manufacture of electronic components and high-tech ceramic products. The products developed by CCTC members find their application in telecommunications, mechanical engineering, environmental protection and new energies.

    CCTC is one of the Chinese Top 10 companies for electronic modules. The manufacturing of products and supplementary equipment is preceded by its own research and development, particularly in the field of new materials, products and technologies.Moreover, the company shows for several years hard work in the research and production of ceramic fuel cells. CCTC has been listed on disallowed since 2014 and employs more than 7,500 employees.
 
watchlist Created with Sketch. Add CFU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.