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Feature Story-Stuart Energy Sells Industrial Hydrogen Plant to Fiber Optics Industry

TORONTO - May 9, 2001 -- Stuart Energy Systems (TSE: HHO), a leading developer of hydrogen generation and supply systems, announced today that its industrial division, Electrolyser, has received an order for a 500 cubic metre per hour (480,000 standard cubic feet per day) hydrogen plant. Sterlite Optical Technologies Ltd., a manufacturer of fiber optics cable requiring a reliable source of high purity hydrogen and oxygen in their production processes, purchased the 2,500 kW Electrolyser electrolysis plant. Electrolyser provides industrial hydrogen
equipment to customers around the world. 

The electrolysis plant is based on Stuart Energy's M-Series platform incorporating the Company's largest DEPTM electrolyser. This is the third sale of an M-Series generator since its introduction last year. The first two generators were sold to customers in the edible oil and industrial gas industries. The three sales for equipment and services have a total value of over $3 million and include 144 DEPTM cell stacks. 

"This was a very competitive bidding process; the customer considered all hydrogen generation technologies, including steam reformers," said Ayman Monged, Vice President of Sales at Stuart Energy. "Thanks to the work of our product development team we were able to tender the latest innovation in electrolysis technology, and offer the most efficient, reliable and economical solution to our customer." 

The M-Series platform is used to meet the hydrogen requirements of between 50 to 5000 cubic metres per hour or more and is the basis for Stuart Energy's large-scale industrial Electrolyser products and Bus Fuelers. 

Stuart Energy Systems Corporation (TSE: HHO) is a leading developer and supplier of hydrogen generation and supply systems, with offices in Canada and the United States. These systems incorporate proprietary water electrolysis technology designed to serve the industrial hydrogen market and the emerging hydrogen fuel market for transportation and regenerative electric power applications. These devices use electricity to produce hydrogen at the pressure and purity needed for fuel uses.The market for hydrogen fuel has been enabled by the development of electric power technologies such as the hydrogen fuel cell. 
 

Source: http://www.stuartenergy.com/news/html_press_releases/stuartenergyexpands.asp

 
 
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Last modified: May 2001