Global Thermoelectric Delivers Prototype Residential Fuel Cell System to Enbridge Inc.
13:51 GMT-04:00 Thursday, May 31, 2001
TSE STOCK SYMBOL: GLE
Web site: www.globalte.com
CALGARY, May 31 /CNW/ - Global Thermoelectric Inc., a leading developer of solid oxide fuel cell (SOFC) technology, today announced delivery of a prototype 2.3 kW residential fuel cell system to Enbridge Inc. Enbridge is a leader in energy transportation, distribution and services. Enbridge is also Canada's largest natural gas distributor with over 1.5 million gas customers in Ontario, Quebec and New York State. Global and Enbridge entered into a strategic alliance in July of last year to commercialize residential fuel cell systems in Canada.
The system delivered to Enbridge in Toronto generates 2.3 kW of electricity and runs on natural gas. The base load requirement of an average North American home is approximately 2 kW. This system has several improvements over earlier units demonstrated by Global. For example, it includes an integrated microprocessor based control system and a simpler and more compact natural gas processor which captures fuel cell stack exhausts to assist in the production of a hydrogen rich flow of gas for the fuel cell. Enbridge will be testing the system at its facilities to evaluate various performance characteristics including heat recovery to meet residential hot water needs. The results of the testing will be incorporated in subsequent prototype designs.
In addition to residential systems, Global is also developing prototype fuel cell systems for remote power and light commercial applications. Prototyping is expected to lead to field testing in 2002.
Global Acquires 20% of Advanced Measurements Inc.
Global and Advanced Measurements Inc. (AMI), a private company and a leading integrator of PC-based, intelligent test, measurement and automation solutions across North America, have jointly developed fuel cell testing stations. To date, Global has installed 14 of these test stations at its facilities in Calgary. In conjunction with the joint development effort, Global has acquired a 20% equity position in AMI for an undisclosed amount. The two companies are exploring options to market these test stations in Canada and internationally.
Global Thermoelectric Inc. is a world leader in the development of solid oxide fuel cell technology. The Calgary-based company is also the world's largest manufacturer and distributor of thermoelectric generators for use in remote locations, and produces advanced personnel heaters for use by the defence industry. The Company is listed on The Toronto Stock Exchange (stock symbol: GLE).
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