- Highly efficient and environmentally friendly power generation
- Adequate to power approximately 500 German homes for one year
DRESDEN, Germany, Oct. 8, 2013 (GLOBE NEWSWIRE) -- FuelCell Energy Solutions GmbH , a provider of ultra-clean, efficient and reliable fuel cell power plants, today announced the delivery of its first German manufactured fuel cell power plant to the Federal Ministry of Education and Research (BMBF) office complex that is being constructed by BAM Deutschland AG in Berlin, Germany. A delivery ceremony is being held at the BMBF construction site at 10 am Central European Summer Time (CEST) on October 8. FuelCell Energy Solutions is managing the installation of the power plant and commissioning is expected in mid-2014 once construction of the office complex nears completion.
"Our customers purchase fuel cell power plants to solve their power generation challenges and meet their sustainability goals," said Chip Bottone, President and Chief Executive Officer FuelCell Energy, Inc. and Managing Director, FuelCell Energy Solutions GmbH. "We are excited to demonstrate to the marketplace the many attributes of ultra-clean, efficient and reliable power generation from stationary fuel cell power plants made right here in Germany."
FuelCell Energy Solutions is installing the power plant inside the BMBF complex as the virtual absence of pollutants, quiet operation and lack of vibrations enables fuel cell power plants to be located in populated areas. The power plant is configured for combined heat and power to enhance efficiency and the high quality heat will be used to generate steam for facility heating and absorption chilling. The fuel cell power plant will provide approximately 40 percent of the electrical needs and 20 percent of the thermal needs of the facility.
"We provide a comprehensive power generation solution including installation of the power plant combined with operation and maintenance under multi-year service agreements," said Andreas Frömmel, Vice President Commercial and Business Development, FuelCell Energy Solutions GmbH. "We strive to make it easy for our customers to benefit from the many attributes of fuel cell power plants while contracting the operation and maintenance to us."
FuelCell Energy Solutions Direct FuelCell ® power plants generate electricity and usable high quality heat utilizing an electrochemical reaction that emits virtually no pollutants. Avoiding the emission of nitrogen oxide (NO x ), sulfur oxide (So x ) and particulate matter (PM 10 ) supports clean air regulations and benefits public health. The high efficiency of the fuel cell power generation process reduces fuel costs and carbon emissions, and producing both electricity and heat from the same unit of fuel drives economics while simultaneously promoting sustainability. Fuel cells can achieve up to 90 percent efficiency when configured to use the high quality heat generated by the power plant in a combined heat & power (CHP) mode.
FCES, with its German manufacturing base, is the sales, manufacturing and service business for the European Served Area for FuelCell Energy, Inc. FCES is a joint venture between Fraunhofer IKTS Fraunhofer IKTS and FuelCell Energy (Nasdaq: FCEL ).
About FuelCell Energy Solutions, GmbH
FuelCell Energy Solutions manufactures, sells, installs, and services stationary fuel cell power plants that efficiently and economically generate electricity and usable high quality heat suitable for making steam. Administrative offices are located in Dresden, Germany and manufacturing operations are located in Ottobrun, Germany. Continuous power generated at the point of use with the virtual absence of pollutants supports energy security and power reliability as well as sustainability initiatives. Ultra-Clean baseload distributed generation is attractive to electric utilities, universities, hospitals, government facilities, industrial operations and other locations with significant power needs. For more information please visit our website at www.fces.de
This news release contains forward-looking statements, including statements regarding FuelCell Energy, Inc.'s plans and expectations regarding the continuing development, commercialization and financing of its fuel cell technology and business plans. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, general risks associated with product development, manufacturing, changes in the regulatory environment, customer strategies, potential volatility of energy prices, rapid technological change, competition, and FuelCell Energy, Inc.'s ability to achieve its sales plans and cost reduction targets, as well as other risks set forth in the FuelCell Energy, Inc. filings with the U.S. Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. FuelCell Energy, Inc. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in FuelCell Energy, Inc.'s expectations or any change in events, conditions or circumstances on which any such statement is based.
Direct FuelCell, DFC, DFC/T, DFC-H2 and FuelCell Energy, Inc. are all registered trademarks in the U.S.A. of FuelCell Energy, Inc. DFC-ERG is a registered trademark jointly owned by Enbridge, Inc. and FuelCell Energy, Inc.
FuelCell Energy Solutions GmbH Andreas Froemmel VP Commercial and Business Development + 49 351 2553 7390 FuelCell Energy, Inc. Kurt Goddard Vice President Investor Relations (+001) 203-830-7494
