DGAP-News: Heliocentris Energy Solutions AG: Heliocentris secures access to revolutionary electrolysis technology
(firmenpresse) - DGAP-News: Heliocentris Energy Solutions AG / Key word(s): Agreement
Heliocentris Energy Solutions AG: Heliocentris secures access to
revolutionary electrolysis technology
29.02.2012 / 10:00
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Heliocentris secures access to revolutionary electrolysis technology
* Heliocentris closes Strategic Partnership and Distribution Agreement with
Acta S.p.A. for its electrolyser technology
* Agreement includes various exclusive rights for Heliocentris
* Equity participation of TEUR 250 in Acta S.p.A.
Berlin - 29 February 2012: Heliocentris, a specialist in autonomous energy
supply and energy efficiency solutions, has entered into a strategic
partnership agreement with Acta S.p.A. a leading developer and manufacturer
of compact hydrogen generators (electrolysers).
With this partnership, Heliocentris gets access to the highly competitive
and revolutionary electrolyser technology of Acta. Their noble metal free,
very low cost technology is an important strategic step for Heliocentris in
executing its strategy to offer zero emission clean power solutions, with
electrolysers allowing the storage of renewable energies such as solar or
wind power through hydrogen. So far the high cost of on-site hydrogen
production has been a big hurdle for the marketing of zero-emission diesel
genset replacement solutions using fuel cells. In this potentially huge
market the doors are now open for Heliocentris.
Heliocentris has been testing Acta's stack technology for over a year now
and has just recently finished developing a first system with very
promising results. In the short term with the goal of early revenues from
this technology investment Heliocentris aims to introduce its Acta based
electrolysers into its training and lab market and so leverage its
worldwide distribution network here.
In the medium term the plan is to implement this technology in our zero
emission solutions for telecom and other stationary power applications. In
the telecom sector Heliocentris is already established as one of the main
players with innovative energy efficiency solutions enabling mobile
operators to reduce their fuel costs by more than 50%. Replacing gensets by
zero emission hydrogen fuel cell solutions will be the consecutive next
step for Heliocentris.
Under the agreement Heliocentris has committed to buy alkaline solid
membrane electrolyser products only from Acta, with a minimum of 500 units
in the third year of the partnership. In exchange Heliocentris will have a
non exclusive worldwide license to use Acta's technology in all
Heliocentris products, the worldwide exclusive license for certain
laboratory and educational and training applications as well as exclusive
licenses in Germany and for Middle East Africa for certain stationary clean
power applications such as telecom base stations or home power solutions.
Heliocentris has committed to invest EUR250,000 in the course of an equity
increase of Acta. The agreement is conditional on the successful completion
of this capital increase in which Acta seeks to raise GBP 1.8 million (plus
the investment by Heliocentris) to finance the working capital requirements
of the Company's current commercial expansion.
Ayad Abul-Ella, Chief Executive of Heliocentris commented: 'We are excited
to have entered into this strategic partnership with Acta. Cost efficient
and scalable hydrogen generation is an important element of Heliocentris'
roadmap towards autonomous power and zero emission solutions. The
combination of Acta's innovative alkaline solid membrane technology and
Heliocentris' leading system engineering know-how will enable Heliocentris
to expand its successful current rollout of GenSet efficiency and energy
management solutions to the next level: commercially viable and industrial
grade autonomous power as well as zero emission solutions.'
Paolo Bert, Chief Executive of Acta commented: 'Heliocentris is a world
leader in the field of energy efficiency and clean power solutions and as
such, this Agreement represents not only a fantastic endorsement of Acta's
technology, but also the culmination of many months of successful product
validation. It will enable Acta to address significant markets for its
products through the established sales channels which Heliocentris already
has in place.'
About Heliocentris Energy Solutions AG
Heliocentris specialises in autonomous energy supply and energy efficiency
solutions with the aim of replacing diesel generators with 'zero-emission'
products. The company, which was founded in Berlin in 1995, develops and
markets systems and turnkey solutions for customers in industry and science
and has three business areas: Energy Efficiency, Clean Energy and Didactic.
The 'Energy Efficiency' area specialises in energy efficiency, monitoring
and management solutions for autonomous energy supply solutions. With the
existing solutions, diesel consumption in applications such as mobile phone
network base stations can be reduced by up to 50%, while the cost of
operating such facilities can be reduced by up to 70%. The solutions are
being commercially rolled out in Asia, Africa and the Middle East. The
'Clean Energy' area focuses on 'zero-emission' solutions for autonomous
energy supply, including solutions for supplying electricity to off-grid
applications such as monitoring stations, telecommunications facilities or
self-sufficient houses. The core competency here is the efficient
hybridisation of energy generators such as, solar and wind or even diesel
generators with energy storage such as batteries and the own hydrogen fuel
cell based storage solutions based on our scalable energy management
solutions. Heliocentris has already successfully demonstrated its expertise
in this area in numerous projects with renowned partners across the world.
For over 10 years now, the 'Didactic' area has been offering a range of
learning and research systems for fuel cell and solar hydrogen technology
and other regenerative energy technology. Customers include training
centres, research institutes and industry. The comprehensive range of
products and services makes Heliocentris one of the world's leading
companies in its field. With a subsidiary in Vancouver, offices in Dubai
and Singapore and customers in more than 60 countries, Heliocentris is well
positioned internationally. The Heliocentris Group currently has 90
employees. Further information is available at: www.heliocentris.com.
Disclaimer
This press release contains forward-looking statements that are based on
current assumptions and forecasts of the management of Heliocentris Energy
Solutions AG. Known and unknown risks, uncertainties and other factors
could lead to material differences between the forward-looking statements
given here and the actual development, in particular the results, financial
situation and performance of our Company. The Company assumes no liability
to update these forward-looking statements or to conform them to future
events or developments. The information in this press release does not
constitute an offer of securities for sale or a solicitation of an offer to
purchase securities in the United States or any other country.
Press contact:
Dr. András Gosztonyi
CFO / Managing Director
Heliocentris Energy Solutions AG
+49-(0)30-340601-560
A.Gosztonyi(at)Heliocentris.com
End of Corporate News
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Language: English
Company: Heliocentris Energy Solutions AG
Rudower Chaussee 29
12489 Berlin
Germany
Phone: +49-(0)30 63 92 63 25
Fax: +49-(0)30 63 92 63 29
E-mail: info(at)heliocentris.com
Internet: www.heliocentris.com
ISIN: DE000A1MMHE3
WKN: A1MMHE
Listed: Freiverkehr in Berlin, Stuttgart; Entry Standard in
Frankfurt
End of News DGAP News-Service
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