DGAP-News: Heliocentris Fuel Cells AG: Heliocentris secures order in Qatar and expands its presence in the Middle East
(firmenpresse) - DGAP-News: Heliocentris Fuel Cells AG / Key word(s): Miscellaneous
Heliocentris Fuel Cells AG: Heliocentris secures order in Qatar and
expands its presence in the Middle East
07.10.2011 / 10:40
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Heliocentris secures order in Qatar and expands its presence in the Middle
East
* Qatar University places order for a New Energy Lab from Heliocentris
* Opening of an office in Dubai
Corporate News
Berlin - 7 October 2011. Heliocentris Energy Solutions AG, a specialist in
energy-efficiency and autonomous power solutions, has acquired an order
from Qatar University. The company has been asked to supply a complete
laboratory - the 'New Energy Lab'¬- perspectively in October. This product
is a complete energy system for conveying practical knowledge in the fields
of energy generation, storage and management. The system combines energy
generation from solar, wind and fuel cells with energy storage in batteries
and hydrogen technology to simulate an autonomous hybrid energy system for
our clients. The price of the system is in excess of EUR100 thousand.
Qatar University is the largest and most famous higher education
institution in Qatar. The order was commissioned by the Mechanical
Engineering department at the university as part of setting up a complete
research laboratory for renewable energies. The set up of complex renewable
energy labs is currently emerging as a global trend and Heliocentris, with
its Didactic business unit and more than 10 years of experience in the
field, is internationally one of the leading companies in this segment. The
Didactic business unit has an extensive portfolio of training and research
systems for fuel cells and hydrogen as well as other renewable energy
technologies.
'We already have clients in Kuwait, the United Arab Emirates, Bahrain,
Saudi Arabia and Yemen who can vouch for the quality of our products and
technology. This new order for Qatar will enable us to further expand our
position in the Middle East', explains Dr Andras Gosztonyi, CFO of
Heliocentris Energy Solutions AG. 'A decisive step towards our expansion
drive in the Middle East was undoubtedly the equity participation of
National Technology Enterprises Company (NTEC), a fully owned subsidiary of
Kuwait Investment Authority (KIA) into Heliocentris.' In order to be able
to efficiently implement larger projects in the region, particularly in the
energy efficiency and autonomous power business, Heliocentris is currently
setting up an office in Dubai. Dr Gosztonyi is adamant about this: 'These
facilities will strengthen our presence and ability to implement projects
in the region and thereby form the basis for further business expansion in
all our three business units, especially since we have good cause to hope
for larger orders here in the near future'.
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
Cornelia von Poser
College Hill GmbH
+49-(0)69-133896-13
cornelia.von.poser(at)collegehill.de
End of Corporate News
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Language: English
Company: Heliocentris Fuel Cells 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: DE000A0HMWH7
WKN: A0HMWH
Listed: Freiverkehr in Berlin, Stuttgart; Entry Standard in
Frankfurt
End of News DGAP News-Service
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141613 07.10.2011
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