[LINK] Ceramic Fuel Cells

[stephen at melbpc.org.au]

Paul writes,

> There is a reason CFU has a lot more traction in Germany and the UK
> than in Aus at this stage. Paul.

Makes sense. And must say, the market likes the Au company's contract.
The company made the highest ASX daily gain across the board yesterday
and Bloomberg have certainly been positively reporting this Aus Company.

Ceramic Fuel Cells Rises Most in Year After Getting Contract

By Baldave Singh - May 31, 2011 3:49 PM GMT+1000 
<http://www.bloomberg.com/news/2011-05-31/ceramic-fuel-cells-rises-most-
in-year-after-getting-contract.html>

Ceramic Fuel Cells Ltd. (CFU), an Australian developer of low-carbon 
energy systems, rose the most in more than a year in Sydney trading after 
getting a contract to supply 25 natural-gas fuel cells. 

The shares advanced as much as 23 percent on the Australian stock 
exchange, their biggest gain since March 22, 2010. The stock was up 18 
percent at 13 Australian cents as of 3:33 p.m. local time. The benchmark 
S&P/ASX 200 Index climbed 1 percent. 

Ceramic Fuel Cells will sell its BlueGen units to Ausgrid to be installed 
in homes in Newcastle as part of a ‘Smart Grid, Smart City’ project, the 
low-carbon energy systems supplier said in a statement today, without 
disclosing the value of the deal. 

The units, to be installed over the next few months, will generate 
electricity from gas “with the world’s highest electrical efficiency,” 
and provide hot water to homes, the company said. 

To contact the reporter responsible for this story: Baldave Singh 
bsingh35 at bloomberg.net  To contact the editor responsible for this story: 
Reed Landberg at landberg at bloomberg.net. 
--

Cheers,
Stephen