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Fraunhofer

German research to ‘safeguard future’ of lead-acid

Tue, 05/22/2018 - 08:57 -- John Shepherd
German research to ‘safeguard future’ of lead-acid

The German government is backing research in the country designed to help “safeguard the future of lead-acid batteries”.

Goals of the AddESun project include helping the lead industry to achieve “more sustainable production, improved charging behaviour, longer service life and higher power density”.

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Fuel cells likely to dominate battery-powered vehicles

Fri, 10/10/2014 - 09:23 -- Laura Varriale
Eicke Weber, Fraunhofer Institute

The sales of fuel cell hydrogen vehicles will dominate sales of battery EVs, according to the director of Fraunhofer Institute for Solar Energy Systems (ISE).

Professor Eicke Weber told the World of Energy Solutions conference in Stuttgart, Germany, battery-powered vehicles will still play an important role in the e-mobility sector, but hydrogen cars will have the larger sales in the future.

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NRG Energy invests $35m in FuelCell Energy

Tue, 08/05/2014 - 10:30 -- Laura Varriale
FuelCell Energy

US-based NRG Energy has bought $35m of FuelCell Energy shares and extended a $40m loan.

The investment enables power-plant developer FuelCell to invest in project development, project finance and working capital support.

“These agreements strengthen the Company’s liquidity position and are expected to accelerate deployment of multi-megawatt fuel cell projects in the U.S.,” said Chip Bottone, FuelCell’s chief executive officer.

FuelCell CFO Michael Bishop said the company aims to finish power plant projects in order to sell the fully operational power plants to long term investors.

“We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future,” said Mauricio Gutierrez, NRG’s Energy chief operating officer.

NRG Energy now owns 6% of FuelCell. “We want to actively participate in the construction of FuelCell Energy power plants,” Gutierrez added. NRG Energy and FuelCell are working together to build combined heat and power projects. The terms of the equity transaction include a warrant giving NRG Energy the right to purchase an additional 2m shares for $3.35 each.

The investment follows a €4.9m ($6.6m) funding to FuelCell and partner Fraunhofer Institute for stationary fuel cell research, given by German government in July.

FuelCells receives $6.6m German government

Thu, 07/24/2014 - 11:19 -- Laura Varriale
FuelCell Energy

FuelCell Energy Solutions (FCEL) and partner Fraunhofer Institute have received €4.9m ($6.6m) in funding from the German government for stationary fuel cell research.

The three-year research and development project is aimed at enhancing FCEL’s fuel cell technology by increasing the power output of the fuel stack as well as extending operating life and lowering the costs. The research will take place at FCEL’s facility in Ottobrunn and Frauenhofer’s facility in Dresden, Germany.

The awards were given by German Federal Ministry for Economic Affairs and Energy.

"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. This validates the global interest in our power and hydrogen generation solutions that enhance the resiliency of power distribution in an ultra-clean and affordable manner, " said Chip Bottone, president and chief executive officer of FCEL.

FCLE’s fuel cell stationary power plants utilise carbonate fuel cell technology and provide continuous baseload power located where the power is used, including both on-site applications and electric grid support.

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