H Power Installs First Home-sized Fuel Cell
In an interview today on CNNfn, H. Frank Gibbard, chief executive officer of H Power Corp. (NASDAQ:HPOW), announced that the company has completed the installation and start up of a prototype propane, fuel cell-based, residential electric cogeneration unit for testing at the LTEE laboratory in Shawinigan, Quebec, an electricity end-use R&D division of Hydro-Quebec, Canada's largest electric utility. This is the first fuel cell cogeneration unit ever installed at an electric utility.
H. Frank Gibbard, said, "This installation is clearly a milestone for H Power's fuel cell technology, representing another giant step toward commercialization. Hydro-Quebec will evaluate our residential cogeneration unit, which can supply all the electricity and hot water needs for an average household.
"Fuel cell cogenerators," he added, "are an environmentally friendly, safe, efficient and highly reliable source of electricity. Our systems operate without the usual infrastructure that all utilities use to distribute electricity. Being able to supply an uninterrupted flow of electricity, without power lines and free from outages caused by storms and other acts of nature is a big plus for utilities, especially when serving customers in rural and remote locations. Hydro-Quebec is leading the industry with its interest in fuel cell cogenerators."
H Power is also in ongoing discussions with several major electric utilities to explore the use of fuels cells as an alternative energy source. The company has already sold fuel cell systems for stationary and portable applications to the U.S. Government, state agencies, and numerous domestic and multinational corporations.
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