Fuel Cell Technologies Ltd. (FCT) and Siemens Westinghouse Power Corporation (SWPC) have signed a Memorandum of Understanding (MOU) regarding the global supply, sales and distribution of solid oxide fuel cell systems.
Under the terms of the MOU, FCT and Siemens will establish strategic regional marketing relationships that can ultimately cover all parts of the globe.
The MOU between the companies will allow for further expansion of introductory markets and positions the companies to form selected global business alliances that can be beneficial to the deployment of solid oxide fuel cell systems for a variety of residential, remote power and selected niche distributed generation markets.
The relationship also positions FCT to focus on products in the range of 4 – 75 kW, while utilizing Siemens Westinghouse generator components and subsystems.
"Siemens Westinghouse considers FCT an ideal means to further deploy its solid oxide fuel cell technology in the distributed generation market. The smaller FCT systems can enhance market opportunities immediately and allow us to demonstrate and improve the technology quickly," said Dr. Thomas Flower, President of SWPC's Stationary Fuel Cell Division.
SWPC, headquartered in Orlando, Florida, is the regional business entity in the Americas for Siemens Power Generation and offers a full spectrum of innovative, environmentally friendly, cost-effective power generation products, including fuel cells for the distributed generation market. SWPC is in a Cooperative Development Agreement with the U. S. Department of Energy for the development of Tubular Solid Oxide Technology.
Over the last decade, FCT has designed and built custom fuel cell power systems to the technically demanding requirements of world-renowned customers. Since 2000 FCT has brought that exacting quality of work to the development of stationary SOFCs. FCT is now a leading developer and producer of small to medium scale SOFCs, with successful installations around the world. The company's 5kW product can provide electricity and heat for stationary applications such as small commercial enterprises, industrial applications, remote sites and homes. FCT's research and production facilities are located in Kingston, Ontario, Canada.
Loading...