Wednesday, April 13, 2005

Buderus Joins IdaTech, RWE Partnership

Today, IdaTech announced that the German heating equipment manufacturer Buderus Heiztechnik GmbH (Buderus), a company of the Bosch group, has joined RWE Fuel Cells in its program with IdaTech for the development of a commercial 5-kW combined heat and power (CHP) fuel cell system.

Earlier this year, IdaTech announced a joint program with RWE Fuel Cells in the development and commercialization of CHP fuel cell systems for multi-unit housing and light commercial applications up to 50 kW.

"Success in micro-CHP applications will depend on a combination of superior technology and channels for delivery of these solutions to the customer. We believe that this combination of our technologies and companies is among the best in the world," said Claude Duss, president and chief executive officer of IdaTech. "This partnership is yet another step in IdaTech's progression toward commercialization of fuel cells. It represents additional potential regarding technology, manufacturing and distribution. We are excited to be working together with Buderus, one of Europe's leading manufacturers of heating products."


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