Ceramic Fuel Cells sells 100 BlueGen units

Company News

Ceramic Fuel Cells Limited (ASX:CFU, LON:CFU)  has received an order for 100 BlueGen gas-to-electricity generators from its distributor in The Netherlands. 

BlueGen units use patented technology to convert natural gas into electricity and heat for hot water.

The units will be delivered to The Netherlands over the next year and sold to small commercial and residential customers.

While the value of the latest order has not been disclosed, in July the company said it had received a $6.5 million order for 200 Blue Gen units from a German energy service provider.

In the 2011 financial year Ceramic Fuel Cells booked a net loss of $21.2 million.


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