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| [November 13, 2012] |
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WATT Fuel Cell Announces Technology Advancements in Development of Commercially Viable Fuel Cell Systems
PORT WASHINGTON, N.Y. --(Business Wire)--
WATT Fuel Cell Corp., a developer and manufacturer of solid oxide fuel
cell (SOFC) systems, announces several advancements in the production of
its portable and small stationary fuel cell system platforms for
commercial and military applications. These include refinement of the
company's cell manufacturing process, reduction of costs in cell and
stack production and balance-of-plant componentry, completion of system
testing on a 500-watt propane-powered unit, and preparation for initial
product rollouts in 2013.
"The market value of fuel-based distributed generation technologies is
estimated to reach $74.3 billion by 2015*," said Dr. Caine Finnerty,
president of WATT Fuel Cell. "Poised to address this demand, we have
taken a holistic approach in our development of a reliable,
cost-effective technology platform that can run on readily available
fuels. Our focus has also been on developing a system that offers
flexibility across a variety of commercial and military applications,
can use numerous fuel sources, and provides a range of power outputs
while operating under varying environmental conditions."
Over the last two years, WATT Fuel Cell has developed advanced portable
and small stationary power systems that provide light, efficient,
affordable, nearly silent and environmentally responsible energy
generation solutions for on-demand power applications in the leisure,
portable power and distributed generation markets of both the
residential and commercial sectors. The company has also begun stack
production and is further scaling up this process to support several
channel partner commitments in preparation for initial product rollouts.
"Being able to use accessible fuel is key to th success of the fuel
cell industry, and we've focused on our technology's ability to use
readily available gaseous and liquid fuels for commercial and military
applications," Finnerty said. "This includes propane and natural gas for
the commercial market, and liquid fuels such as Diesel (D2) and JP-8 for
the military."
The company has also refined its patented cell manufacturing process,
substantially reducing production times while increasing part quality,
performance and yield. WATT Fuel Cell is currently using this advanced
manufacturing process to validate the economic viability and reaffirm
the cost competitiveness of its systems while escalating from pilot to
low-rate initial production.
"Our process not only makes cost-effective stack manufacturing a
reality, but also permits manufacturing scalability to quickly flex,
matching market demand," said Benjamin Emley, technology director at
WATT Fuel Cell.
According to Emley, the company is presently scaling into full-rate
production at its manufacturing facility on Long Island.
In addition, WATT Fuel Cell has made progress in designing
cost-effective stacks and balance-of-plant (BoP) components for fuel
cell system operation.
"All WATT Fuel Cell systems are designed with simplified automated
manufacturing in mind, our low-pressure stack design enables us to
operate on the natural gas already available in utility supply lines
with no additional system components," said Paul DeWald, systems
director at WATT Fuel Cell. "Also, by streamlining the stack design to
reduce back pressure, we're able to use more cost-effective and reliable
off-the-shelf BoP components. As cost is a crucial factor in
installation and retrofits, we have designed our technology to meet
those requirements, instead of allowing it to drive complexity and cost."
According to DeWald, the company is currently producing propane-powered
stacks capable of generating more than 500 watts of power, has completed
initial system testing and is currently scaling its new cell technology
for full-rate stack production. In addition, WATT Fuel Cell plans to
demonstrate propane-powered 1-kilowatt systems by the end of this year.
"When examining the path of our success to date, it's really quite
simple," said Finnerty. "We listened to our channel partners and
developed initial products around the key performance parameters of
their power needs. And while new applications might require
modifications to what we've achieved thus far, WATT Fuel Cell has
designed an exceptionally flexible technology that will allow us to make
rapid modifications to the core technology based on dynamic customer
requirements. We're very excited to have developed a platform that will
enable us to achieve energy generation goals that haven't traditionally
been available in our industry."
For additional information, visit www.wattfuelcell.com
or email info@wattfc.com.
*Data procured from BCC (News - Alert) Research report published in October 2011
entitled "Energy and Resources: The Global Market for Distributed Energy
Generation."

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