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Germany : FUELCELL ENERGY SOLUTIONS announces issuance of €5M by federal ministry
Publish Date : 28-Jul-2014
A company that makes, sells, runs and services ultra-clean, effective and dependable fuel cell power plants, FuelCell Energy Solutions, GmbH, has announced the release of nearly €5 million in awards by the German Federal Ministry for Economic Affairs and Energy to back a three-year research and development program between FuelCell Energy Solutions, GmbH and collaboration partner Fraunhofer IKTS.
By boosting power density and operating life of the fuel cells, resulting in reduced costs, the project targets further upgrades to the Direct FuelCell® (DFC®) technology. Director of Fraunhofer IKTS, Prof. Dr. Alexander Michaelis, said : "Fraunhofer IKTS continues to undertake fuel cell research in recognition that the attributes of high efficiency, virtual lack of emissions, low carbon output, and ability to easily site fuel cell plants in populated areas can help address the power generation challenges facing Germany and many other European countries," said. "The awards from the Federal Ministry for Economic Affairs and Energy will help expand Germany's existing fuel cell knowledge and assist in advancing the technology towards greater adoption that should support economic development in Germany."
President and CEO of FuelCell Energy, Inc. and managing director of FuelCell Energy Solutions GmbH, Chip Bottone, said the award ratifies the global interest in its power and hydrogen production solutions. He added : "With the support of various government organizations, strategic partners and private industry, product, performance and system enhancements continue on our proprietary fuel cell technology and are now being performed on three continents. We utilize a common global technology platform so enhancements developed under these awards can support global markets, further strengthening the attractiveness of our product offerings."