A manufacturer of what is believed to be the world's most efficient solar units announced on February 1 that the cells have achieved MCS accreditation and are now ready for use in the UK.
SANYO Component Europe GmbH (SANYO) produces the HIT series of photovoltaic cells, including the N 220SE10 which, to date, has the world's highest energy conversion efficiency rate of 21.6 percent.
On February 1 the company announced that the HIT cells had passed MCS accreditation. MCS accreditation is bestowed upon companies by the independent Microgeneration Certification Scheme, which certifies small scale or 'mircogeneration' technologies that are used to produce heat of electricity from renewable resources.
Though the HIT Series of cells are already commercially available throughout mainland Europe, MCS accreditation is required before products can be released into the UK market.
For consumers the MCS accreditation essentially means that consumers can use the HIT cells under the Feed In Tariff (FIT) scheme - a Europe-wide financial incentive rewarding those who install power generating renewable energy devices connected to the grid.
This is of benefit to consumers as the high efficiency rate allows more power to be generated using fewer cells and also means that less roof space is required to generate solar power- which increases the opportunities for renewable energy generation for those where space is an issue. The 'N' series of HIT modules will be commercially available from March 2011.
Other renewable energy companies from around the world will be showcasing the latest in renewable and energy efficient technologies at a series of upcoming exhibitions including), EXPO Solar in Goyang, South Korea (February 16-18), the Renewable Energy Expo in Lyon, France (February15-18) and Eco Build in London (March 1-3).
Eco Build attracts over 1,300 exhibitors and 41,000 visitors from around the globe and is used by companies as a launchpad for their new products. At Eco Build 2011 numerous photovoltaic companies including Emmvee, the Ideal Group and Mitsubishi plan to launch their latest innovations in the field of solar power.
Showing posts with label generation. Show all posts
Showing posts with label generation. Show all posts
Thursday, 24 February 2011
Monday, 21 February 2011
Feb 17 (Reuters) - Power Assets Holdings Ltd (0006.HK) is considering a 3.5 billion pound ($5.6 billion) bid for British power network assets of Germany's E.ON AG's (EONGn.DE) (EONG.AS), although no decision has been made, local newspapers reported on Thursday.
The company, part of the business empire of tycoon Li Ka-shing, changed its name from Hongkong Electric Holdings Ltd on Wednesday to reflect the growing importance of its overseas business, including a stake in Britain's second-largest power grid.
Managing director Tso Kai-sum said the company, controlled by Cheung Kong Infrastructure Holdings Ltd (CKI) (1038.HK), "was studying bidding documents", the South China Morning Post reported.
Tso declined to say whether it would team up with CKI to bid for the assets. Power Assets and CKI are both under Li's ports-to-telecoms conglomerate Hutchison Whampoa Ltd (0013.HK). They teamed up last year to buy EDF Energy. Plc's (EDF.PA) British network for 5.775 billion pounds.
Li was one of more than two bidders still in the race for the asset and E.ON was keen to complete the transaction in the first quarter, a source familiar with the deal told Reuters last month. [ID:nTOE70N024] (Reporting by Alison Leung; Editing by Chris Lewis)
The company, part of the business empire of tycoon Li Ka-shing, changed its name from Hongkong Electric Holdings Ltd on Wednesday to reflect the growing importance of its overseas business, including a stake in Britain's second-largest power grid.
Managing director Tso Kai-sum said the company, controlled by Cheung Kong Infrastructure Holdings Ltd (CKI) (1038.HK), "was studying bidding documents", the South China Morning Post reported.
Tso declined to say whether it would team up with CKI to bid for the assets. Power Assets and CKI are both under Li's ports-to-telecoms conglomerate Hutchison Whampoa Ltd (0013.HK). They teamed up last year to buy EDF Energy. Plc's (EDF.PA) British network for 5.775 billion pounds.
Li was one of more than two bidders still in the race for the asset and E.ON was keen to complete the transaction in the first quarter, a source familiar with the deal told Reuters last month. [ID:nTOE70N024] (Reporting by Alison Leung; Editing by Chris Lewis)
Offshore Wind Farm in UK begins generating power from its first turbine
Walney Offshore Wind Farm, located 15km west of Barrow-in-Furness in Cumbria, UK, began generating power from its first turbine in January 2011. The turbine is connected to the national grid through an offshore transformer at Heysham.
The project consists of 102 turbines being installed in two phases, Walney I and Walney II. Estimated at £1bn, the project will deliver 367.2MW of combined energy sufficient to power more than 320,000 households in UK.
It is owned by Dong Energy (50.1%), Scottish and Southern Energy (SSE-25.1%) and a consortium of PGGM and Dutch Ampère Equity Fund (24.8%).
Dong Energy is the leading partner and operator of the wind farm. It has signed a 15-year long term power purchase agreement (PPA) with the consortium of PGGM and Dutch Ampère Equity Fund for the purchase of the consortium's share of electricity from the project.
The company plans to sell power purchased from the consortium and the environmental benefits received from the British Government in the local market.
Plant details
Walney is being constructed along a north-west to south-east direction. It will cover an area of approximately 73km².
Walney I and II will each have 51 Siemens turbines with a rated capacity of 3.6MW. The turbines will be 749m-958m apart and installed in rows.
Turbines installed at Walney I will have a rotor diameter of 107m and are 137m tall to the tip of the blade.
Walney II will have turbines with a rotor diameter of 120m. They will have a maximum height of 150m to the centre of the hub.
The turbine arrays will be connected by underwater sea cables to an offshore substation where the voltage will be stepped up from 34kV to 132kV before being exported to an onshore substation.
"Dong Energy is the leading partner and operator of the wind farm."
Development
The project was initially 100% owned by Dong Energy. In December 2009 SSE acquired 25.1% share in the project, which was followed by a consortium of PGGM and Dutch Ampère Equity Fund acquiring 24.8% in December 2010.
The consortium paid £16m to acquire the share. It will also share the project construction cost on a pro-rata basis. The purchase price, however, did not include payment for transmission assets which will be owned by a separate operator in future.
Dong Energy will provide interim finance to the consortium for their share of the construction cost. PGGM / Dutch Ampère Equity Fund will provide external financing to Dong Energy upon completion of the project.
Construction
Construction of Walney I commenced in March 2010. The monopiles were laid by jack-up vessels Vagant and Goliath operated by Belgium-based GeoSea.
The first monopole was installed in April 2010. The export cable was shipped to the site at the same time.
The monopiles are placed 30m deep into the seabed. Each monopile is 56m tall and weighs 550t.
The Walney I offshore substation was placed within the wind farm area. It weighs 1,100t and was erected in June 2010.
Seajacks Kraken and Seajacks Leviathan owned by Seajacks UK have been contracted for the turbine installations in Walney I and Walney II respectively. Sea Worker, a jack-up barge operated by A2Sea, has already installed five wind turbines at the site.
The first turbine was installed in July 2010. It is now generating power for the national grid. All the turbines of Walney I had been installed by December 2010.
The construction vessel Pompei is placing stones at a radius of 15m around the foundation to mark the cable and turbine installation positions.
Walney II is scheduled to begin installations in March 2011. It is expected to come online by the end of the year.
The turbines in Walney II will be placed 25m-30m deep, which will require longer and heavier monopiles weighing up to 800t.
Onshore cabling work is underway in Cleveleys near Blackpool.
Power generated by Walney II will be brought onshore in front of Thornton gate through a 132kV underwater cable. It will be connected to a new substation which is currently under construction along the route to Hill House Industrial Estate.
The cargo ship Annette owned by SAL was contracted to deliver the monopoles to the site.
Stemat 82, a cable installation vessel, is being used to install the array cables in the seabed. The cables are placed in the J-tube and protected with a layer of rocks to prevent scouring.
Walney Wind Farm contractors
Seabed Power was awarded the contract for transporting and installing more than 92km of 33kV array cables for Walney I. The cables were supplied by the nkt cables group.
"Dong Energy plans to extend the Walney offshore wind farm by a further 750MW."
Seabed Power was also responsible for laying 44km and 43km of 132kV export cables in two different routes. The cables were supplied by Prysmian Group in a €24.5m contract. Prysmian was also awarded a €18m contract to supply similar 132kV cables for Walney II.
The offshore substation steel structures and jackets were contracted to Bladt Industries in 2009. The first set for Walney I was delivered in May 2010 while the second set is underway construction.
The aluminium hydraulic cylinders were manufactured by Holmatro.
Powerstream Electrical Services built the onshore substation at Heysham in a contract worth $1.1m in June 2010.
Other major contractors to Walney I are EEW-Special Pipes Construction (SPC) Rostock for the manufacture of 51 monopiles, Visser & Smit Marine Contracting (VSMC) for the Stemat 82 cable lay vessel, Tekmar Solutions for a cable protection system, Proserv Offshore for cleaning of the marine growth around the pile and Ledsham for the construction of an 11kV substation for Siemens.
Walney II contractors include A2Sea and Ballast Nedam for installation of the foundations, Norway-based Draka Norsk Kabel (DNK) for installing the inter-array cables and associated logistics and Offshore Marine Management (OMM) for termination and testing of inter-array cables.
Dong Energy signed an agreement with Associated British Ports (ABP) to use 18 acres of the Barrow area for handling essential components of the wind turbines during construction.
Audit of the barge and tugs used in the project is being carried by Specialist Marine Consultants.
NIRAS was contracted for a number of consultation works related to the project, including geophysical surveys, management of installations, logistics planning and so on.
Future
Dong Energy plans to extend the Walney offshore wind farm by a further 750MW. The company signed a lease agreement with the Crown Estate in May 2010. The proposal is expected to be submitted for planning consent in 2013.
The extension is expected to cover an area of 145km². It will include one offshore substation, 33kV array cables, three core underwater offshore cables and an onshore connection point at either Heysham, Stanah or Penwortham substation.
The project consists of 102 turbines being installed in two phases, Walney I and Walney II. Estimated at £1bn, the project will deliver 367.2MW of combined energy sufficient to power more than 320,000 households in UK.
It is owned by Dong Energy (50.1%), Scottish and Southern Energy (SSE-25.1%) and a consortium of PGGM and Dutch Ampère Equity Fund (24.8%).
Dong Energy is the leading partner and operator of the wind farm. It has signed a 15-year long term power purchase agreement (PPA) with the consortium of PGGM and Dutch Ampère Equity Fund for the purchase of the consortium's share of electricity from the project.
The company plans to sell power purchased from the consortium and the environmental benefits received from the British Government in the local market.
Plant details
Walney is being constructed along a north-west to south-east direction. It will cover an area of approximately 73km².
Walney I and II will each have 51 Siemens turbines with a rated capacity of 3.6MW. The turbines will be 749m-958m apart and installed in rows.
Turbines installed at Walney I will have a rotor diameter of 107m and are 137m tall to the tip of the blade.
Walney II will have turbines with a rotor diameter of 120m. They will have a maximum height of 150m to the centre of the hub.
The turbine arrays will be connected by underwater sea cables to an offshore substation where the voltage will be stepped up from 34kV to 132kV before being exported to an onshore substation.
"Dong Energy is the leading partner and operator of the wind farm."
Development
The project was initially 100% owned by Dong Energy. In December 2009 SSE acquired 25.1% share in the project, which was followed by a consortium of PGGM and Dutch Ampère Equity Fund acquiring 24.8% in December 2010.
The consortium paid £16m to acquire the share. It will also share the project construction cost on a pro-rata basis. The purchase price, however, did not include payment for transmission assets which will be owned by a separate operator in future.
Dong Energy will provide interim finance to the consortium for their share of the construction cost. PGGM / Dutch Ampère Equity Fund will provide external financing to Dong Energy upon completion of the project.
Construction
Construction of Walney I commenced in March 2010. The monopiles were laid by jack-up vessels Vagant and Goliath operated by Belgium-based GeoSea.
The first monopole was installed in April 2010. The export cable was shipped to the site at the same time.
The monopiles are placed 30m deep into the seabed. Each monopile is 56m tall and weighs 550t.
The Walney I offshore substation was placed within the wind farm area. It weighs 1,100t and was erected in June 2010.
Seajacks Kraken and Seajacks Leviathan owned by Seajacks UK have been contracted for the turbine installations in Walney I and Walney II respectively. Sea Worker, a jack-up barge operated by A2Sea, has already installed five wind turbines at the site.
The first turbine was installed in July 2010. It is now generating power for the national grid. All the turbines of Walney I had been installed by December 2010.
The construction vessel Pompei is placing stones at a radius of 15m around the foundation to mark the cable and turbine installation positions.
Walney II is scheduled to begin installations in March 2011. It is expected to come online by the end of the year.
The turbines in Walney II will be placed 25m-30m deep, which will require longer and heavier monopiles weighing up to 800t.
Onshore cabling work is underway in Cleveleys near Blackpool.
Power generated by Walney II will be brought onshore in front of Thornton gate through a 132kV underwater cable. It will be connected to a new substation which is currently under construction along the route to Hill House Industrial Estate.
The cargo ship Annette owned by SAL was contracted to deliver the monopoles to the site.
Stemat 82, a cable installation vessel, is being used to install the array cables in the seabed. The cables are placed in the J-tube and protected with a layer of rocks to prevent scouring.
Walney Wind Farm contractors
Seabed Power was awarded the contract for transporting and installing more than 92km of 33kV array cables for Walney I. The cables were supplied by the nkt cables group.
"Dong Energy plans to extend the Walney offshore wind farm by a further 750MW."
Seabed Power was also responsible for laying 44km and 43km of 132kV export cables in two different routes. The cables were supplied by Prysmian Group in a €24.5m contract. Prysmian was also awarded a €18m contract to supply similar 132kV cables for Walney II.
The offshore substation steel structures and jackets were contracted to Bladt Industries in 2009. The first set for Walney I was delivered in May 2010 while the second set is underway construction.
The aluminium hydraulic cylinders were manufactured by Holmatro.
Powerstream Electrical Services built the onshore substation at Heysham in a contract worth $1.1m in June 2010.
Other major contractors to Walney I are EEW-Special Pipes Construction (SPC) Rostock for the manufacture of 51 monopiles, Visser & Smit Marine Contracting (VSMC) for the Stemat 82 cable lay vessel, Tekmar Solutions for a cable protection system, Proserv Offshore for cleaning of the marine growth around the pile and Ledsham for the construction of an 11kV substation for Siemens.
Walney II contractors include A2Sea and Ballast Nedam for installation of the foundations, Norway-based Draka Norsk Kabel (DNK) for installing the inter-array cables and associated logistics and Offshore Marine Management (OMM) for termination and testing of inter-array cables.
Dong Energy signed an agreement with Associated British Ports (ABP) to use 18 acres of the Barrow area for handling essential components of the wind turbines during construction.
Audit of the barge and tugs used in the project is being carried by Specialist Marine Consultants.
NIRAS was contracted for a number of consultation works related to the project, including geophysical surveys, management of installations, logistics planning and so on.
Future
Dong Energy plans to extend the Walney offshore wind farm by a further 750MW. The company signed a lease agreement with the Crown Estate in May 2010. The proposal is expected to be submitted for planning consent in 2013.
The extension is expected to cover an area of 145km². It will include one offshore substation, 33kV array cables, three core underwater offshore cables and an onshore connection point at either Heysham, Stanah or Penwortham substation.
In 2010, wind energy competitiveness greatly increased
The cost of wind turbines on the main international wind farm markets fell below one million euro per MW, which is the lowest wind power generation cost that was ever registered.
Oversupply and increased manufacturing efficiency. According to the most recent edition of the Wind Turbine Price Index published by Bloomberg New Energy Finance, this is why in 2010 all major wind farm markets registered a sharp fall in prices of onshore wind turbines.
The Bloomberg NE index examined more than 150 sale contracts of onshore wind turbines, for a total of nearly 7,000 MW in 28 countries around the world, focusing on Europe and the Americas. It was found that in the first half of the year the average price of wind turbines for the buyer was 980,000 €/MW (with peaks of 900,000), recording a 7% decrease over the previous year and a 19% drop compared with the peak reached in 2007-2008.
Specifically, UK, USA and Italy benefited the most from the reduced cost of wind turbines.
According to Bloomberg NE, wind energy generation cost has currently reached its all-time lowest point. In a number of wind installations located in areas with excellent wind conditions (in the US, Sweden, Mexico and Brazil), the current cost of generated energy (including capital and maintenance costs and excluding the effect of incentives ) roughly amounts to $68 per MWh (50 €). For comparison, according to Bloomberg updated average cost of coal power plants amounts to $67 per MWh and $56 MWh for gas-fired plants.
Dropping wind turbine prices may be uncomfortable for manufacturers, but it is good news for wind farm project developers and it further improves the cost-competitiveness of wind energy compared with gas and coal. The main conclusions of the analysis are:
• Global turbine contracts signed in late 2010 for delivery in H1 2011 and H2 2011 display very aggressive pricing, with average values at €0.98m/MW ($1.33m/MW). This is a 7% decrease compared to contracts signed in 2009 (€1.06m/MW) and 19% down from peak values in 2007-08 (€1.21m/MW).
• The decrease in the Wind Turbine Price Index is partly driven by a larger proportion of US based contracts compared to the previous issue of the Index (July 2010), but pricing remains aggressive in all parts of the world.
• Low-priced power-purchase-agreements in markets with exposure to electricity prices – rather than fixed feed-in tariffs – seem to have put further pressure on turbine contracts: Italy, the UK and the US all display average pricing well below €1m/MW for contracts signed in 2010 for delivery in H2 2011. The US presents the lowest pricing of all markets so far with values averaging $1.27m/MW (€0.93/MW).
• All manufacturers covered by the survey have displayed aggressive pricing, including several contracts for leading ("Tier 1") manufacturers – in some cases below €0.90m/MW ($1.22m/MW).
• The cost of electricity generated from wind power is now at record lows: several wind farm projects in high resource areas (US, Brazil, Sweden, Mexico) display a levelised cost of energy – excluding the impact of subsidies but after including the cost of capital and maintenance – below EUR 50/MWh ($68/MWh). This compares to current estimated average costs of $67 per MWh for coal-fired power and $56 per MWh for gas-fired power.
• Onshore turbine prices per MW of capacity are now for the first time lower than they were before the surge in steel and other commodity prices. The levelised cost of wind power has been driven down not only by lower turbine costs, but also by higher yields per MW of capacity.
• Procurement officers for the developers in the survey expect prices to stabilise around current levels for 2011 and 2012, with few further reductions in the near term. They expect gradual increases in pricing from 2012–13 as global demand recovers.
The Bloomberg New Energy Finance Wind Turbine Price Index includes the cost of turbines, as well as transport to site (marine and overland) but excludes VAT, construction and connection costs.
Michael Liebreich, chief executive of Bloomberg New Energy Finance, commented: “The latest edition of our Wind Turbine Price Index shows wind continuing to become a competitive source of large-scale power. For the past few years, wind turbine costs went up due to rising demand around the world and the increasing price of steel. Behind the scenes wind manufacturers were reducing their costs, and now we are seeing just how cheap wind energy can be when overcapacity in the supply chain works its way through to developers."
http://bnef.com
Oversupply and increased manufacturing efficiency. According to the most recent edition of the Wind Turbine Price Index published by Bloomberg New Energy Finance, this is why in 2010 all major wind farm markets registered a sharp fall in prices of onshore wind turbines.
The Bloomberg NE index examined more than 150 sale contracts of onshore wind turbines, for a total of nearly 7,000 MW in 28 countries around the world, focusing on Europe and the Americas. It was found that in the first half of the year the average price of wind turbines for the buyer was 980,000 €/MW (with peaks of 900,000), recording a 7% decrease over the previous year and a 19% drop compared with the peak reached in 2007-2008.
Specifically, UK, USA and Italy benefited the most from the reduced cost of wind turbines.
According to Bloomberg NE, wind energy generation cost has currently reached its all-time lowest point. In a number of wind installations located in areas with excellent wind conditions (in the US, Sweden, Mexico and Brazil), the current cost of generated energy (including capital and maintenance costs and excluding the effect of incentives ) roughly amounts to $68 per MWh (50 €). For comparison, according to Bloomberg updated average cost of coal power plants amounts to $67 per MWh and $56 MWh for gas-fired plants.
Dropping wind turbine prices may be uncomfortable for manufacturers, but it is good news for wind farm project developers and it further improves the cost-competitiveness of wind energy compared with gas and coal. The main conclusions of the analysis are:
• Global turbine contracts signed in late 2010 for delivery in H1 2011 and H2 2011 display very aggressive pricing, with average values at €0.98m/MW ($1.33m/MW). This is a 7% decrease compared to contracts signed in 2009 (€1.06m/MW) and 19% down from peak values in 2007-08 (€1.21m/MW).
• The decrease in the Wind Turbine Price Index is partly driven by a larger proportion of US based contracts compared to the previous issue of the Index (July 2010), but pricing remains aggressive in all parts of the world.
• Low-priced power-purchase-agreements in markets with exposure to electricity prices – rather than fixed feed-in tariffs – seem to have put further pressure on turbine contracts: Italy, the UK and the US all display average pricing well below €1m/MW for contracts signed in 2010 for delivery in H2 2011. The US presents the lowest pricing of all markets so far with values averaging $1.27m/MW (€0.93/MW).
• All manufacturers covered by the survey have displayed aggressive pricing, including several contracts for leading ("Tier 1") manufacturers – in some cases below €0.90m/MW ($1.22m/MW).
• The cost of electricity generated from wind power is now at record lows: several wind farm projects in high resource areas (US, Brazil, Sweden, Mexico) display a levelised cost of energy – excluding the impact of subsidies but after including the cost of capital and maintenance – below EUR 50/MWh ($68/MWh). This compares to current estimated average costs of $67 per MWh for coal-fired power and $56 per MWh for gas-fired power.
• Onshore turbine prices per MW of capacity are now for the first time lower than they were before the surge in steel and other commodity prices. The levelised cost of wind power has been driven down not only by lower turbine costs, but also by higher yields per MW of capacity.
• Procurement officers for the developers in the survey expect prices to stabilise around current levels for 2011 and 2012, with few further reductions in the near term. They expect gradual increases in pricing from 2012–13 as global demand recovers.
The Bloomberg New Energy Finance Wind Turbine Price Index includes the cost of turbines, as well as transport to site (marine and overland) but excludes VAT, construction and connection costs.
Michael Liebreich, chief executive of Bloomberg New Energy Finance, commented: “The latest edition of our Wind Turbine Price Index shows wind continuing to become a competitive source of large-scale power. For the past few years, wind turbine costs went up due to rising demand around the world and the increasing price of steel. Behind the scenes wind manufacturers were reducing their costs, and now we are seeing just how cheap wind energy can be when overcapacity in the supply chain works its way through to developers."
http://bnef.com
Friday, 18 February 2011
Ceramic Fuel Cells Limited ADVFN comments and news.
Hectorp - 18 Feb'11 - 09:22 - 1954 of 1956
The drop in treasury due to currency movement was 'only' $83,000, ( or pounds) but not highly significant.
I now expect that in 18 months they could have orders for up to 0.5 million Bluegens from 2-3-4 partners. But they will trickle in. Notice that in UK, CFU are instrumental in setting up the feedback tariff arrangements for this very kind of appliance! so we should get a 'pass' from the Government and that will get E-on moving. This is crucial to the UK side. I expect we will not make huge rewards for another 1-2 years and we will have to be patient all of 2011 and my personal target is only 12p for this year ( = +40 or 50%).
Overall there was much ground for hope and expectation while still not quite realised ! - we can certainly see where massive interest and possible large orders will come from, bluegen has attracted lots of interest and I sense that area is where large domestic markets can be addressed by multiple partners in several countries. AS yet, there is NO straightforward competitor device set up for sales like CFU's.
(an aside: We HAVE cornered a market, if the particular home and office generation market can only realise its own value to the Politicians and power companies. It is not always in their interests to progress this kind of home generation-some nations are deeply centrist in principle - The present UK Government is not and that will help us- even though they say so to the public.)
I am biased in that I desperately want to acquire a bluegen asap and it won't be for maybe 2 years yet. However that doesn't blind me to the fact that this is proving difficult to get geared to the upside - but the share price reflects the current position .
simon102 - 18 Feb'11 - 13:03 - 1958 of 1959
scrumpy - The large furnaces are still not operational - They have shipped some smaller ones in from AUS.
scrumpy71 - 18 Feb'11 - 13:17 - 1959 of 1959
Apologies simon for the incorrect info, i meant as per the manufacturing info from the report below.
Manufacturing
The Company has built a plant in Heinsberg, Germany for the volume assembly of its fuel cell stacks. All the assembly processes at the plant are fully commissioned and operating, including the ink mixing equipment and the robotic seal dispensing and assembly machines.
The Company is currently making fuel cell stacks in Heinsberg, and in Melbourne, in sufficient quantities to meet current and forecast demand. In order to increase production the Company has shipped three additional furnaces from Melbourne to Heinsberg.
These additional furnaces were commissioned in February 2011 and are now fully operational.
To further increase the volume of stacks the Company intends to use larger furnaces already installed at the Heinsberg plant. The Company is continuing to work with the supplier of the large volume furnaces to identify changes needed to ensure the furnaces will produce fuel cell stacks in larger volumes at acceptable quality standards
Philbey - 20 Feb'11 - 18:27 - 1960 of 1962
Has any one else seen The Sunday Times?
Energetix a British company are producing a micro-chp boiler, natural gas fueled, generating electric power with feed in tarrif.No information about the technology. Purchase costs approx £3300.
They have initial orders from Eon UK and Germany to conduct the same trials underway for Bluegen.
Any one know any more about this company - synergistic or competitive rival?
http://www.thesundaytimes.co.uk/sto/public/sitesearch.do?querystring=Energetix§ionId=2&p=sto&bl=on&pf=all
jab118 - 20 Feb'11 - 18:57 - 1961 of 1962
It's old news Phil
Don't panic there is only one major leader in this field..;-)
http://www.liverpooldailypost.co.uk/ldpbusiness/business-local/2010/10/25/energetix-moves-closer-to-german-launch-of-green-boiler-92534-27536141/
tonsil - 20 Feb'11 - 23:14 - 1962 of 1962
can someone please explain how this compares with CFU technology?
Hectorp- 23 Feb'11 - 07:56 - 1980 of 1991
CFU to exhibit with E-On at the huge Ecobuild Exhibition in Londin, in March.
Ecobuild, which is to be held at the ExCeL exhibition and conference centre in the London's Docklands from 1 March to 3 March 2011, is the world's biggest event for sustainable design, construction and the built environment and the UK's largest construction event of any kind.
fludde - 23 Feb'11 - 08:18 - 1981 of 1991
Interesting. Good news is always worth a tick down!
Ball Deap - 23 Feb'11 - 08:29 - 1982 of 1991 edit
jab118 - 23 Feb'11 - 11:26 - 1983 of 1991
Dazzel
Your last post was a sign of a true believer of a true investors future insight and couldn't agree more. The one reason why we bought into this company in the first place was of the true potential future of a World wide "BlUEGEM" boom, the sights and the barrels are still pointing at the correct target IMO.
Boom Boom ! ;-)
jab118 - 23 Feb'11 - 11:52 - 1984 of 1991
Balls
I just bought a few to try and keep you Stop loss intact, or have you been hit out today ?
Dabeesg - 23 Feb'11 - 11:53 - 1985 of 1991
The problems in the Middle East and the surge in the oil price should be a bonus for alternative energy such as Bluegens. Hope so anyway....
G
jab118 - 23 Feb'11 - 12:12 - 1986 of 1991
You can buy just under mid price 7.8p so I'd say most deals today are buy trades, it could be a sign the tide is turning...;-)
KinkyKim - 23 Feb'11 - 12:34 - 1987 of 1991
Hullo,
I'm new to this investment game, I notice that I can add these to my ISA, is there any reason why the price is DROPPING?????
peter pan1 - 23 Feb'11 - 12:38 - 1988 of 1991
ello KinkyKim
because investors are selling out of this dog hope that helps
KinkyKim - 23 Feb'11 - 12:42 - 1989 of 1991
Why is it classed as a dog?
cool_hand - 23 Feb'11 - 13:04 - 1990 of 1991
Kinky: only 2 reasons I can think of, many PI's in Australia may of needed funds due the problems they've had over there, although I doubt that would push it down as far as this.
There's deafening sound of "no orders".
I expect there's some shorting, in hindsight it looked a good short, whether that's true now couldn't tell you. As a LTH I am pissed off with management here, the recent cash call is now looking to be folly.
KinkyKim - 23 Feb'11 - 13:09 - 1991 of 1991
What do you mean shorting?
Maybe the peak oil issue will push us back to a sensible level. It is going to be a massive issue soon.
Hectorp - 25 Feb'11 - 08:02 - 2012 of 2013
cool hand we noticed it on the GKP thread yesterday.
Thanks Ball
- I see non-exec added 100 K today too.. useful, as its only £8000 but its his own money.
ProperCharlie - 25 Feb'11 - 08:49 - 2013 of 2013
I wrote to CFU asking about Energetics and their relative market / product position. I thought you might be interested in this response I received,
"....Thank you for your note and your support for CFU.
A few points about Energetix and other mCHP products:
- Energetix and all other mCHP products are heaters that produce a small amount of power as a byproduct. BlueGen is the opposite - a mini power station with a small amount of heat. We think power is more valuable than heat, so maximise electrical efficiency. That's also the way to maximise carbon savings and energy bill savings.
- The key measure is electrical efficiency- other mCHP products are often less than 10% - BlueGen is >50%, peak of 60%- so they are very different offerings.
- There is plenty of room for a range of CHP technologies and products. They have different features/benefits and suit different types of buildings. It is not a binary choice - there will be fuel cells and other CHP products (not or). (Although of course we think we've got a compelling advantage through highest electrical efficiency....if you want a heater, buy a condensing boiler...)
- We think it's a good thing that EON and other large utilities are investing in a range of CHP products. It makes it more likely that they will actually deploy products in volume. It's a sensible approach to have a portfolio of products and customer offerings. Again, it's not a binary choice.
- The market is vast and we are in early sales. A range of low emissions technologies will be needed to quickly make large carbon cuts. Perhaps in a few years we will be competing for market share - but for now all mCHP products need to create the market, before we start dividing it!
PS if you need a 3rd party source for relative electrical efficiencies etc, UK Carbon Trust did a good report in late 2007 - summary attached, and also see http://www.carbontrust.co.uk/emerging-technologies/current-focus-areas/pages/micro-combined-heat-power.aspx. It's a bit dated now but will give you the key points.
Once again thanks for your support.
Regards
Andrew Neilson
Group General Manager - Commercial...."
Ball Deap - 6 Mar'11 - 17:14 - 2069 of 2091 edit
Simon I wouldn't like to say but their catching up. :-)
jab118 - 7 Mar'11 - 15:28 - 2070 of 2091
Balls really needs to be pulled off up from here, where is that Kinky Kim when you need her? ;-)
Dabeesg - 7 Mar'11 - 17:06 - 2071 of 2091
Something is brewing. Some meaty trades at the end of the day.
G
zeppo - 7 Mar'11 - 17:17 - 2072 of 2091
Dabeesq
Hope you're right.
I am also into CWR.
Are they direct competitors or are the products different?
Any opinions?
z
Hectorp - 7 Mar'11 - 18:39 - 2073 of 2091
My regards to Zeppo and his famous brothers.
- meanwhile,
Jab ( above) what is today's volume all about very interesting.
Higher vol is always a pointer to something.
Hectorp - 7 Mar'11 - 18:45 - 2074 of 2091
Ball, many thanks for your helful writeup! all the best.
H.
Realism - 8 Mar'11 - 09:21 - 2075 of 2091
2 delayed trades of 540k of yesterday are showing this morning. some big buyer is around.
jab118 - 8 Mar'11 - 09:49 - 2076 of 2091
Heptorc, me old mucker
I'm getting a feeling (gut feeling) we could be close to some share surging news, here and a very high volume day, to kick this share orbit, and at least see the price back up to 10p.
Balls, very good blog and interesting reading...;-)
Hectorp - 8 Mar'11 - 13:32 - 2077 of 2091
Following this is like a wall of worry, but we will come good, even if it is some months yet. Most holders like us are believers and fans of the technology.
Dabeesg - 8 Mar'11 - 15:09 - 2078 of 2091
My main core holdings are PIC and this one.
So, not having a good day today.
G
Ball Deap - 8 Mar'11 - 16:31 - 2079 of 2091
H, jab, thanks it was with help from you guys with the questions supplied. When we have made our fortunes we will have to bang a glass of a vintage Bolonger on H's ocean cruiser. :-) time for a share price surge.
barney28 - 8 Mar'11 - 17:35 - 2080 of 2091
some strange trades today
brunodog2 - 8 Mar'11 - 22:10 - 2081 of 2091
Back to the end of day sell off. Might wanna keep the cristale on ice.
simon102 - 9 Mar'11 - 08:32 - 2082 of 2091
Taken from CFU website for March 2011
http://nanotechnology.org.au/documents/case_studies/2011/ceramic-fuel-cells-ltd.pdf
Only 10000 but better than selling!! just!!
http://www.cfcl.com.au/Assets/Files/20110309_CFCL_Appendix_03Y_Binks_9March2011.pdf
broshm - 9 Mar'11 - 09:33 - 2083 of 2091
Dr binks 10,000 well what a big deal !
wonder if any Dirs see any of ADVFN of any companies ?
barney28 - 9 Mar'11 - 09:48 - 2084 of 2091
?
Ball Deap - 10 Mar'11 - 17:59 - 2085 of 2091
Anyone else feeling the pain??? :-) Brandon Dow might have to start looking for a new job soon...
parkyboy - 11 Mar'11 - 07:18 - 2086 of 2091
Eon appear to continue to be laying the foundations for low co tech roll-out, I share all holders frustration at what appears to be painfully slow progress, but if that gets us to where we feel we should be in the end then so be it, have and will continue to hold, guess it was never going to be a quick-buck stock, GL links below parkyboy
http://www.greenwisebusiness.co.uk/news/eon-and-inland-homes-to-construct-low-carbon-community-in-west-london-2166.aspx
http://www.climatespectator.com.au/news/eon-says-can-handle-higher-co2-bill-2013
fludde - 11 Mar'11 - 08:29 - 2087 of 2091
Back to break even from having been my best performing share. Still at least I didn't get suckered into the last placing. Feel sorry for those that did, but it just means waiting longer for the return I guess.
Ball Deap - 11 Mar'11 - 09:09 - 2088 of 2091
Sorry guys I am no longer a share holder. This dog hit my stop loss so had to be sold. Brandon Dow made a bad choice doing a placing at 10.75 and ripping off the share holders. Time to sack him....
broshm - 11 Mar'11 - 11:17 - 2089 of 2091
why does transaction of 357,340 shares at 7.125 go on the list as unknown buy or sell ? can you buy them at this ?
The drop in treasury due to currency movement was 'only' $83,000, ( or pounds) but not highly significant.
I now expect that in 18 months they could have orders for up to 0.5 million Bluegens from 2-3-4 partners. But they will trickle in. Notice that in UK, CFU are instrumental in setting up the feedback tariff arrangements for this very kind of appliance! so we should get a 'pass' from the Government and that will get E-on moving. This is crucial to the UK side. I expect we will not make huge rewards for another 1-2 years and we will have to be patient all of 2011 and my personal target is only 12p for this year ( = +40 or 50%).
Overall there was much ground for hope and expectation while still not quite realised ! - we can certainly see where massive interest and possible large orders will come from, bluegen has attracted lots of interest and I sense that area is where large domestic markets can be addressed by multiple partners in several countries. AS yet, there is NO straightforward competitor device set up for sales like CFU's.
(an aside: We HAVE cornered a market, if the particular home and office generation market can only realise its own value to the Politicians and power companies. It is not always in their interests to progress this kind of home generation-some nations are deeply centrist in principle - The present UK Government is not and that will help us- even though they say so to the public.)
I am biased in that I desperately want to acquire a bluegen asap and it won't be for maybe 2 years yet. However that doesn't blind me to the fact that this is proving difficult to get geared to the upside - but the share price reflects the current position .
simon102 - 18 Feb'11 - 13:03 - 1958 of 1959
scrumpy - The large furnaces are still not operational - They have shipped some smaller ones in from AUS.
scrumpy71 - 18 Feb'11 - 13:17 - 1959 of 1959
Apologies simon for the incorrect info, i meant as per the manufacturing info from the report below.
Manufacturing
The Company has built a plant in Heinsberg, Germany for the volume assembly of its fuel cell stacks. All the assembly processes at the plant are fully commissioned and operating, including the ink mixing equipment and the robotic seal dispensing and assembly machines.
The Company is currently making fuel cell stacks in Heinsberg, and in Melbourne, in sufficient quantities to meet current and forecast demand. In order to increase production the Company has shipped three additional furnaces from Melbourne to Heinsberg.
These additional furnaces were commissioned in February 2011 and are now fully operational.
To further increase the volume of stacks the Company intends to use larger furnaces already installed at the Heinsberg plant. The Company is continuing to work with the supplier of the large volume furnaces to identify changes needed to ensure the furnaces will produce fuel cell stacks in larger volumes at acceptable quality standards
Philbey - 20 Feb'11 - 18:27 - 1960 of 1962
Has any one else seen The Sunday Times?
Energetix a British company are producing a micro-chp boiler, natural gas fueled, generating electric power with feed in tarrif.No information about the technology. Purchase costs approx £3300.
They have initial orders from Eon UK and Germany to conduct the same trials underway for Bluegen.
Any one know any more about this company - synergistic or competitive rival?
http://www.thesundaytimes.co.uk/sto/public/sitesearch.do?querystring=Energetix§ionId=2&p=sto&bl=on&pf=all
jab118 - 20 Feb'11 - 18:57 - 1961 of 1962
It's old news Phil
Don't panic there is only one major leader in this field..;-)
http://www.liverpooldailypost.co.uk/ldpbusiness/business-local/2010/10/25/energetix-moves-closer-to-german-launch-of-green-boiler-92534-27536141/
tonsil - 20 Feb'11 - 23:14 - 1962 of 1962
can someone please explain how this compares with CFU technology?
Hectorp- 23 Feb'11 - 07:56 - 1980 of 1991
CFU to exhibit with E-On at the huge Ecobuild Exhibition in Londin, in March.
Ecobuild, which is to be held at the ExCeL exhibition and conference centre in the London's Docklands from 1 March to 3 March 2011, is the world's biggest event for sustainable design, construction and the built environment and the UK's largest construction event of any kind.
fludde - 23 Feb'11 - 08:18 - 1981 of 1991
Interesting. Good news is always worth a tick down!
Ball Deap - 23 Feb'11 - 08:29 - 1982 of 1991 edit
jab118 - 23 Feb'11 - 11:26 - 1983 of 1991
Dazzel
Your last post was a sign of a true believer of a true investors future insight and couldn't agree more. The one reason why we bought into this company in the first place was of the true potential future of a World wide "BlUEGEM" boom, the sights and the barrels are still pointing at the correct target IMO.
Boom Boom ! ;-)
jab118 - 23 Feb'11 - 11:52 - 1984 of 1991
Balls
I just bought a few to try and keep you Stop loss intact, or have you been hit out today ?
Dabeesg - 23 Feb'11 - 11:53 - 1985 of 1991
The problems in the Middle East and the surge in the oil price should be a bonus for alternative energy such as Bluegens. Hope so anyway....
G
jab118 - 23 Feb'11 - 12:12 - 1986 of 1991
You can buy just under mid price 7.8p so I'd say most deals today are buy trades, it could be a sign the tide is turning...;-)
KinkyKim - 23 Feb'11 - 12:34 - 1987 of 1991
Hullo,
I'm new to this investment game, I notice that I can add these to my ISA, is there any reason why the price is DROPPING?????
peter pan1 - 23 Feb'11 - 12:38 - 1988 of 1991
ello KinkyKim
because investors are selling out of this dog hope that helps
KinkyKim - 23 Feb'11 - 12:42 - 1989 of 1991
Why is it classed as a dog?
cool_hand - 23 Feb'11 - 13:04 - 1990 of 1991
Kinky: only 2 reasons I can think of, many PI's in Australia may of needed funds due the problems they've had over there, although I doubt that would push it down as far as this.
There's deafening sound of "no orders".
I expect there's some shorting, in hindsight it looked a good short, whether that's true now couldn't tell you. As a LTH I am pissed off with management here, the recent cash call is now looking to be folly.
KinkyKim - 23 Feb'11 - 13:09 - 1991 of 1991
What do you mean shorting?
Maybe the peak oil issue will push us back to a sensible level. It is going to be a massive issue soon.
Hectorp - 25 Feb'11 - 08:02 - 2012 of 2013
cool hand we noticed it on the GKP thread yesterday.
Thanks Ball
- I see non-exec added 100 K today too.. useful, as its only £8000 but its his own money.
ProperCharlie - 25 Feb'11 - 08:49 - 2013 of 2013
I wrote to CFU asking about Energetics and their relative market / product position. I thought you might be interested in this response I received,
"....Thank you for your note and your support for CFU.
A few points about Energetix and other mCHP products:
- Energetix and all other mCHP products are heaters that produce a small amount of power as a byproduct. BlueGen is the opposite - a mini power station with a small amount of heat. We think power is more valuable than heat, so maximise electrical efficiency. That's also the way to maximise carbon savings and energy bill savings.
- The key measure is electrical efficiency- other mCHP products are often less than 10% - BlueGen is >50%, peak of 60%- so they are very different offerings.
- There is plenty of room for a range of CHP technologies and products. They have different features/benefits and suit different types of buildings. It is not a binary choice - there will be fuel cells and other CHP products (not or). (Although of course we think we've got a compelling advantage through highest electrical efficiency....if you want a heater, buy a condensing boiler...)
- We think it's a good thing that EON and other large utilities are investing in a range of CHP products. It makes it more likely that they will actually deploy products in volume. It's a sensible approach to have a portfolio of products and customer offerings. Again, it's not a binary choice.
- The market is vast and we are in early sales. A range of low emissions technologies will be needed to quickly make large carbon cuts. Perhaps in a few years we will be competing for market share - but for now all mCHP products need to create the market, before we start dividing it!
PS if you need a 3rd party source for relative electrical efficiencies etc, UK Carbon Trust did a good report in late 2007 - summary attached, and also see http://www.carbontrust.co.uk/emerging-technologies/current-focus-areas/pages/micro-combined-heat-power.aspx. It's a bit dated now but will give you the key points.
Once again thanks for your support.
Regards
Andrew Neilson
Group General Manager - Commercial...."
Ball Deap - 6 Mar'11 - 17:14 - 2069 of 2091 edit
Simon I wouldn't like to say but their catching up. :-)
jab118 - 7 Mar'11 - 15:28 - 2070 of 2091
Balls really needs to be pulled off up from here, where is that Kinky Kim when you need her? ;-)
Dabeesg - 7 Mar'11 - 17:06 - 2071 of 2091
Something is brewing. Some meaty trades at the end of the day.
G
zeppo - 7 Mar'11 - 17:17 - 2072 of 2091
Dabeesq
Hope you're right.
I am also into CWR.
Are they direct competitors or are the products different?
Any opinions?
z
Hectorp - 7 Mar'11 - 18:39 - 2073 of 2091
My regards to Zeppo and his famous brothers.
- meanwhile,
Jab ( above) what is today's volume all about very interesting.
Higher vol is always a pointer to something.
Hectorp - 7 Mar'11 - 18:45 - 2074 of 2091
Ball, many thanks for your helful writeup! all the best.
H.
Realism - 8 Mar'11 - 09:21 - 2075 of 2091
2 delayed trades of 540k of yesterday are showing this morning. some big buyer is around.
jab118 - 8 Mar'11 - 09:49 - 2076 of 2091
Heptorc, me old mucker
I'm getting a feeling (gut feeling) we could be close to some share surging news, here and a very high volume day, to kick this share orbit, and at least see the price back up to 10p.
Balls, very good blog and interesting reading...;-)
Hectorp - 8 Mar'11 - 13:32 - 2077 of 2091
Following this is like a wall of worry, but we will come good, even if it is some months yet. Most holders like us are believers and fans of the technology.
Dabeesg - 8 Mar'11 - 15:09 - 2078 of 2091
My main core holdings are PIC and this one.
So, not having a good day today.
G
Ball Deap - 8 Mar'11 - 16:31 - 2079 of 2091
H, jab, thanks it was with help from you guys with the questions supplied. When we have made our fortunes we will have to bang a glass of a vintage Bolonger on H's ocean cruiser. :-) time for a share price surge.
barney28 - 8 Mar'11 - 17:35 - 2080 of 2091
some strange trades today
brunodog2 - 8 Mar'11 - 22:10 - 2081 of 2091
Back to the end of day sell off. Might wanna keep the cristale on ice.
simon102 - 9 Mar'11 - 08:32 - 2082 of 2091
Taken from CFU website for March 2011
http://nanotechnology.org.au/documents/case_studies/2011/ceramic-fuel-cells-ltd.pdf
Only 10000 but better than selling!! just!!
http://www.cfcl.com.au/Assets/Files/20110309_CFCL_Appendix_03Y_Binks_9March2011.pdf
broshm - 9 Mar'11 - 09:33 - 2083 of 2091
Dr binks 10,000 well what a big deal !
wonder if any Dirs see any of ADVFN of any companies ?
barney28 - 9 Mar'11 - 09:48 - 2084 of 2091
?
Ball Deap - 10 Mar'11 - 17:59 - 2085 of 2091
Anyone else feeling the pain??? :-) Brandon Dow might have to start looking for a new job soon...
parkyboy - 11 Mar'11 - 07:18 - 2086 of 2091
Eon appear to continue to be laying the foundations for low co tech roll-out, I share all holders frustration at what appears to be painfully slow progress, but if that gets us to where we feel we should be in the end then so be it, have and will continue to hold, guess it was never going to be a quick-buck stock, GL links below parkyboy
http://www.greenwisebusiness.co.uk/news/eon-and-inland-homes-to-construct-low-carbon-community-in-west-london-2166.aspx
http://www.climatespectator.com.au/news/eon-says-can-handle-higher-co2-bill-2013
fludde - 11 Mar'11 - 08:29 - 2087 of 2091
Back to break even from having been my best performing share. Still at least I didn't get suckered into the last placing. Feel sorry for those that did, but it just means waiting longer for the return I guess.
Ball Deap - 11 Mar'11 - 09:09 - 2088 of 2091
Sorry guys I am no longer a share holder. This dog hit my stop loss so had to be sold. Brandon Dow made a bad choice doing a placing at 10.75 and ripping off the share holders. Time to sack him....
broshm - 11 Mar'11 - 11:17 - 2089 of 2091
why does transaction of 357,340 shares at 7.125 go on the list as unknown buy or sell ? can you buy them at this ?
Subscribe to:
Posts (Atom)