DGAP-News: Heliocentris Fuel Cells AG: Heliocentris develops energy manager for electric vehicles
(firmenpresse) - Heliocentris Fuel Cells AG / Miscellaneous
22.06.2010 15:00
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Heliocentris develops energy manager for electric vehicles
Berlin-based provider of energy storage solutions receives grant from
Federal Ministry of Economics
Berlin - 22 June 2010. Heliocentris Fuel Cells AG, a leading specialist in
clean energy storage solutions, is developing an innovative energy
management system for electric vehicles which will enable energy storage
solutions with a significantly increased range.
The goal of the project is to develop an energy management system, with
which it will be possible to hybridise modern lithium-ion batteries with
fuel cells, thus creating energy storage solutions offering a significantly
higher range for electric vehicles. Energy management systems control and
optimise energy flows within the storage solution and therefore constitute
a central component of future electric mobility solutions.
Electric vehicles are currently becoming extremely significant, not only in
Germany, but also around the world. The German government has set itself
the target of having at least one million electric vehicles and 500,000
fuel cell vehicles on Germany's roads by 2020. However, due to the limited
energy density of batteries, even with lithium-ion technology, electric
vehicles run on batteries alone do not have the range offered by today's
normal motor vehicles. Fuel cell-battery hybrid vehicles are therefore
regarded as a better solution by numerous experts.
Dr. Henrik Colell, CEO, commented: 'The energy management system is a
central component of our technology strategy for the development of
innovative energy storage solutions with a higher storage capacity and
range. As such, we are coming closer to our goal of positioning ourselves
as a provider of fully-electric hybrid solutions in the attractive market
for special vehicles.'
Berlin-based Embeddeers GmbH is Heliocentris' project partner. Embeddeers
is a service provider in the field of automotive development whose clients
include well-known automotive suppliers. The company's specific expertise
lies in the planning and implementation of control software for comfort
electronics and drive trains in passenger and commercial vehicles. In this
project, Embeddeers is responsible for the generic and project specific
control of the energy management. Forchert-Consulting (Berlin) is
responsible for the project co-ordination. Heliocentris will develop the
entire energy manager including the necessary power electronics. Production
and global marketing and sales are to be carried out by Heliocentris.
In future, the energy management system is to be used and marketed as a
central component of Heliocentris' energy storage solutions. Perspectively,
it will also be possible for other electric mobility providers to use the
energy management system in their vehicles.
Development is to be completed by the end of 2011. It is being financially
supported by the Federal Ministry for Economics with Heliocentris receiving
EUR175,000.
About Heliocentris Fuel Cells AG
Heliocentris Fuel Cells AG is a specialist for clean energy storage
solutions based on a smart combination of batteries, fuel cells and energy
management. Areas of application are mobile and stationary applications
that require longer ranges than current batteries can provide. Examples are
electric vehicles, onboard and emergency power supplies as well as
electricity supply for off-grid applications such as monitoring stations or
energy self-sufficient houses. Heliocentris has been developing and
marketing fuel cell-based energy solutions for more than 10 years now.
Heliocentris initially targeted the training and lab markets as typical
pioneer markets, where it has successfully positioned itself as one of the
worldwide market leaders. Since 2006, Heliocentris has been entering
selected industrial markets with considerable growth potential. With
customers in over 60 countries and a broad distribution and partner
network, Heliocentris is globally well positioned. Heliocentris Fuel Cells
AG is listed at the Frankfurter Wertpapierbörse (Entry Standard) and
employs in total 50 staff with its head office in Berlin and a subsidiary
in Vancouver, Canada. 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 Fuel
Cells 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 Fuel Cells AG
+49-(0)30-6392-6185
A.Gosztonyi(at)Heliocentris.com
Katja Rinkinen
Senior Consultant
College Hill GmbH
+49-(0)69-133896-12
Katja.Rinkinen(at)collegehill.de
22.06.2010 15:00 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: Heliocentris Fuel Cells AG
Rudower Chaussee 29
12489 Berlin
Deutschland
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: DE000A0HMWH7
WKN: A0HMWH
Listed: Freiverkehr in Berlin, Stuttgart; Entry Standard in Frankfurt
End of News DGAP News-Service
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Bereitgestellt von Benutzer: EquityStory
Datum: 22.06.2010 - 15:00 Uhr
Sprache: Deutsch
News-ID 22825
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