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Heliocentris Energy Solutions AG: Heliocentris signs major distribution agreement in China

DGAP-News: Heliocentris Energy Solutions AG / Key word(s): Alliance
Heliocentris Energy Solutions AG: Heliocentris signs major
distribution agreement in China

22.08.2014 / 10:33

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Heliocentris signs major distribution agreement in China


Berlin/Stuttgart/Beijing, 22 August 2014 --- German fuel cell systems
specialist FutureE Fuel Cell Solutions GmbH, which was recently acquired by
Heliocentris Energy Solutions AG, and a renowned IT banking solutions
provider from Beijing announced today that they have entered into a master
distribution agreement covering advanced Jupiter fuel cell systems for
Chinese banking customers. The systems, which will have output powers
ranging from 5 kW to 18 kW, are designed to be used as backup power to
replace the traditional battery solutions throughout Chinese banking
networks.

The contract aims for delivery of at least 300 such systems in 2015 and has
a potential sales value of EUR 12m. Both parties expect significant market
growth for fuel cell based systems in China in the years to come, largely
driven by further reductions in production costs as well as Chinese
government initiatives aimed at rapid introduction of fuel cell technology
in China.




About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a technology leader in energy
efficiency services and distributed power solutions for customers around
the globe in the field of Information & Communication Technologies as well
as Training and Research. The company's flagship product "Energy Manager"
enables smart connectivity between different components in hybrid energy
supply clusters, such as batteries, solar panels, conventional diesel
generators or fuel cells, thereby substantially increasing efficiency and
decreasing the ecological footprint of an installation at much lower
operating cost. In its current roll-out-phase the company targets primarily
base stations of mobile telecom operators in world regions with poor and
unreliable grid-coverage such as the Middle East and South-East-Asia and
has successfully installed several hundred systems in the field already.
Further key markets currently in development are mission-critical mobile
and stationary applications that require reliable, autonomous power-supply
over longer time horizons than conventional batteries can deliver. The
company has 150 employees and is headquartered in Berlin with branch
offices in Munich, Dubai, Vancouver and Johannesburg. More information is