ElringKlinger subsidiary new enerday supplies wind turbines with green energy

DGAP-News: ElringKlinger AG / Key word(s): Sustainability2015-08-17 / 15:32---------------------------------------------------------------------Dettingen/Erms (Germany), August 17, 2015   +++ Fuel cell system specialistnew enerday, a Neubrandenburg-based subsidiary of ElringKlinger AG, hassecured a contract from a major wind turbine manufacturer to supply thelatter with alternative energy for the installation of new wind turbines.The agreements were signed in July 2015, and the first fuel cell systemshave already been delivered to the customer.The blanket service agreement concluded between new enerday and the world'slargest producer of wind turbines covers the supply of energy over aninitial period of one year with the option of an extension. The annualvolume of business under this agreement - in euros - runs into six figures.Calculated on the basis of annual revenue currently being generated by newenerday GmbH, this corresponds to a share of around 25%. In the first year,under the terms of this agreement new enerday will handle the power supplyfor around a dozen wind turbines while they are being installed. This willspan a period of several months and will initially cover sites in Germanyand Poland.The company will be using 1000 W fuel cells operated with conventional LPGcylinders for the full range of AC consumers. The fuel cells emit only aminimal amount of pollutants and produce hardly any noise during operation.What is more, they offer an independent supply of power over a period of upto three months without the need for refilling. The turnkey solutionencompasses a high-performance solar module and a fuel cell to create aninnovative hybrid system that guarantees independent, 24/7 power supplywherever deployed by the customer. The electrical efficiency of the fuelcell systems is almost twice as high as that achieved by generators poweredby a gasoline or diesel engine. In the past, the customer deployedconventional diesel-fueled generators for power supply during theconstruction of its wind farms. By switching to the new enerday fuel cellsystem, the company will be able to reduce its operating costs by up to50%. At the same time, CO2 emissions will be scaled back by more than 90%.Additionally, the systems are maintenance free and can be monitoredremotely.Dr. Matthias Boltze, Managing Director of new enerday GmbH: "This contractrepresents a milestone in the young history of new enerday - in terms ofboth the volume of the order and the opportunity to penetrate new salesmarkets. It proves that our system operates very reliably and is suitablefor day-to-day use. Alongside the growing wind energy market, our fuel cellsystem is particularly interesting for various fields of applicationrelating to off-grid electricity supply. I am extremely confident that thetechnologies developed by new enerday can realize their huge potential inthis sector and inspire other customers to explore these possibilities."Established in 2010, new enerday GmbH develops and manufactures electricitygenerators based on fuel cell technology. This involves the use ofhigh-temperature solid oxide fuel cells (SOFCs) that are capable ofgenerating electrical energy directly from fossil fuels such as natural gasor LPG.In July 2014, the ElringKlinger Group acquired a 75% interest in newenerday GmbH. In doing so, ElringKlinger AG has strengthened its businessactivities in the field of fuel cell technology and extended its ownexpertise centered around associated electronics, reformer technology andsystem integration. The focus is on promising new sales markets beyondthose serving the automotive industry.__________________________________________________________________________For further information, please contact:ElringKlinger AG Sabrina HauflerInvestor Relations / Corporate PRMax-Eyth-Straße 272581 DettingenGermanyPhone: +49 7123 724-137Fax: +49 7123 724-85137E-mail: sabrina.haufler@elringklinger.com---------------------------------------------------------------------2015-08-17 Dissemination of a Corporate News, transmitted by DGAP - aservice of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                                     Company:     ElringKlinger AG                                                         Max-Eyth-Straße 2                                                        72581 Dettingen/Erms                                                     Germany                                                     Phone:       071 23 / 724-0                                              Fax:         071 23 / 724-9006                                           E-mail:      sabrina.haufler@elringklinger.com                           Internet:    www.elringklinger.de                                        ISIN:        DE0007856023                                                WKN:         785602                                                      Indices:     MDAX                                                        Listed:      Regulated Market in Frankfurt (Prime Standard), Stuttgart;               Regulated Unofficial Market in Berlin, Dusseldorf,                       Hamburg, Hanover, Munich                                      End of News    DGAP News-Service  ---------------------------------------------------------------------  387383 2015-08-17