Corporate | 17 August 2015 15:32
DGAP-News: ElringKlinger AG / Key word(s): Sustainability
2015-08-17 / 15:32
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Dettingen/Erms (Germany), August 17, 2015 +++ Fuel cell system specialist
new enerday, a Neubrandenburg-based subsidiary of ElringKlinger AG, has
secured a contract from a major wind turbine manufacturer to supply the
latter with alternative energy for the installation of new wind turbines.
The agreements were signed in July 2015, and the first fuel cell systems
have already been delivered to the customer.
The blanket service agreement concluded between new enerday and the world's
largest producer of wind turbines covers the supply of energy over an
initial period of one year with the option of an extension. The annual
volume of business under this agreement - in euros - runs into six figures.
Calculated on the basis of annual revenue currently being generated by new
enerday GmbH, this corresponds to a share of around 25%. In the first year,
under the terms of this agreement new enerday will handle the power supply
for around a dozen wind turbines while they are being installed. This will
span a period of several months and will initially cover sites in Germany
and Poland.
The company will be using 1000 W fuel cells operated with conventional LPG
cylinders for the full range of AC consumers. The fuel cells emit only a
minimal amount of pollutants and produce hardly any noise during operation.
What is more, they offer an independent supply of power over a period of up
to three months without the need for refilling. The turnkey solution
encompasses a high-performance solar module and a fuel cell to create an
innovative hybrid system that guarantees independent, 24/7 power supply
wherever deployed by the customer. The electrical efficiency of the fuel
cell systems is almost twice as high as that achieved by generators powered
by a gasoline or diesel engine. In the past, the customer deployed
conventional diesel-fueled generators for power supply during the
construction of its wind farms. By switching to the new enerday fuel cell
system, the company will be able to reduce its operating costs by up to
50%. At the same time, CO2 emissions will be scaled back by more than 90%.
Additionally, the systems are maintenance free and can be monitored
remotely.
Dr. Matthias Boltze, Managing Director of new enerday GmbH: "This contract
represents a milestone in the young history of new enerday - in terms of
both the volume of the order and the opportunity to penetrate new sales
markets. It proves that our system operates very reliably and is suitable
for day-to-day use. Alongside the growing wind energy market, our fuel cell
system is particularly interesting for various fields of application
relating to off-grid electricity supply. I am extremely confident that the
technologies developed by new enerday can realize their huge potential in
this sector and inspire other customers to explore these possibilities."
Established in 2010, new enerday GmbH develops and manufactures electricity
generators based on fuel cell technology. This involves the use of
high-temperature solid oxide fuel cells (SOFCs) that are capable of
generating electrical energy directly from fossil fuels such as natural gas
or LPG.
In July 2014, the ElringKlinger Group acquired a 75% interest in new
enerday GmbH. In doing so, ElringKlinger AG has strengthened its business
activities in the field of fuel cell technology and extended its own
expertise centered around associated electronics, reformer technology and
system integration. The focus is on promising new sales markets beyond
those serving the automotive industry.
__________________________________________________________________________
For further information, please contact:
ElringKlinger AG
Sabrina Haufler
Investor Relations / Corporate PR
Max-Eyth-Straße 2
72581 Dettingen
Germany
Phone: +49 7123 724-137
Fax: +49 7123 724-85137
E-mail: sabrina.haufler@elringklinger.com
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2015-08-17 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: ElringKlinger AG
Max-Eyth-Straße 2
72581 Dettingen/Erms
Germany
Phone: 071 23 / 724-0
Fax: 071 23 / 724-9006
E-mail: sabrina.haufler@elringklinger.com
Internet: www.elringklinger.de
ISIN: DE0007856023
WKN: 785602
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich
End of News DGAP News-Service
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