GEI Administration Control Panel


June 2014

http://www.marketwatch.com/story/gei-global-energy-corp-announces-us-patent-for-fuel-cell-stack-design-2014-06-05

FLINT, Mich., Jun 05, 2014 (GLOBE NEWSWIRE via COMTEX)

 

GEI Global Energy Corp. GEIG 0.00% , a fuel cell power systems company, announced that GEI Founder and CEO Dr. K. J. Berry, P.E., along with Kettering University researchers Dr. Susanta K. Das and Jayesh Kavathe, received a U.S. patent (US 8,623,565 Jan. 2014) entitled: "Assembly of bifurcation and trifurcation bipolar plate to design fuel cell stack". "We are pleased with the issuance of this crucial patent as this innovation improves the fluid flow and energy transport through active channels of both the anode and cathode fuel cell stack bipolar plates", stated GEI Global CEO, Dr. Berry. "The result being improved heat and water management, and fluid flow distribution. The initial test results show a 22% increase in individual cell voltages."

Across the world, the call for using renewable sources of energy for electricity generation has been increasing. In terms of megawatts shipped, the stationary sector continued to lead the fuel cell industry thanks to the large size of individual units with a predicted 52% increase for 2013 with over 190 MW of newly installed fuel cell power (Fuel Cell Industry Review 2013). Fuel cell markets will grow from an estimated $629.8 million in 2013 to $2.5 billion by 2018, with a CAGR of 32.2% from 2013 to 2018 (Markets and Markets, Dallas, TX).

Toward the goal of meeting the world's thirst for affordable, plentiful, and clean energy, GEI Global has developed targeted global customers and markets that include large scale power generation, data security and telecommunications, back-up stationary power, disaster and emergency relief, military and marine ancillary power, and commercial real estate.

Within the fuel cell industry an improved heat transfer and fluid flow management is critical to an extended fuel cell membrane life and fuel cell stack longevity as evidenced by the increased fuel cell stack voltages, which leads to an increased fuel cell stack power density. As such, an increased power density results in a smaller fuel cell and less occupied space which reduces overall system cost.

"The improved high temperature PEM (Polymer Exchange Membrane) fuel cell stack design will allow GEI Global to aggressively scale our commercialization time-table for deployment of clean, efficient, and environmentally friendly fuel cell power systems in Italy, India, and the Dominican Republic", Dr. Berry continued. "We expect this development to allow GEI Global to exceed the 50,000 hour membrane life cycle requirements while operating on cost-effective natural gas and providing primary power for stationary and auxiliary power applications. The GEI Global hybrid energy technology architecture also benefits from prior US patent (US 7,843,185) which allows for the integration with solar and wind and other alternative energy sources. This integration improves the ROI for both by ensuring consistent premium power independent of environmental conditions while significantly reducing the cost of energy for fuel cell operations."

About Dr. Berry and Kettering University

Recognized as an international Fellow of the Society of Mechanical Engineers and the founder of the Kettering University Fuel Cell Research Center, Dr. Berry has extensive engineering systems design experience including a 28-year tenure as a Professor of Mechanical Engineering. Kettering University is a world-class institution with a storied history of engineering, business, and science education.  Furthermore, as the objective of the Kettering Office of Sponsored Research is to pursue diligently the best opportunities to transfer Kettering Intellectual Property consistent with the missions of the University, the inventors have pending agreements with the University for exclusive commercialization rights.

About GEI Global Energy

GEI Global Energy is a fuel cell power systems company leveraging a menu of novel and innovative fuel cell power systems innovations to provide clean and inexpensive energy solutions for developing economies. 

For more information regarding GEI GLOBAL's vision for an energy secure future, please click on the following video link: http://private.geiglobal.com/wp-content/uploads/2013/06/who-is-gei5.mp4 .

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2012 and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events.  

Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of continuous improvement and other cost-containment strategies, and the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information, since these statements may no longer be accurate or timely.        

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GEI PASSION

Fuel cell technology has a potential for rural electrification both in the U.S. and for developing countries. This technology would allow the use of renewable energy around the clock regardless of location. The opportunity exists to electrify 2.1 billion people without electricity. For example, providing electricity at the village level can result in vaccinations, refrigeration, water pumps for fresh well water, internet connections, cellular phone towers, and with computers available for a few hundred dollars could link children from around the globe. Village farmers could study on-line for better irrigation methods, understand weather patterns and communicate with experts world-wide regarding numerous local social, economic, and agricultural issues.

GEI will seek to provide fuel cell energy solutions for developing countries that leverage renewable energy sources such as wind, solar, and bio fuels. Through utilizing renewable energy sources, fuel cells can become an economical source of power, heat, and water and can contribute rapidly toward the improvement of economic, health, agricultural, and social conditions for the 60% of the world's population without affordable and plentiful power.

GEI believes its distinctive characteristics will be:

  • A passion and commitment to developing innovative global energy solutions that enrich the quality of life and conserves earth's natural resources.
  • A passion and commitment to providing high quality customer service and superior engineering technology.
  • A passion and commitment to developing environmental friendly solutions that ensures energy security for future generations.

GEI VISION

Our vision is that GEI will become the largest fuel cell auxiliary power provider worldwide with annual gross revenues of $50 million in five (5) years. We believe this vision is achievable due to our "Blue Ocean" strategy supporting common fuel cell power systems that are customer centric and applicable across multiple industry sectors. Our targets are ten times the combined total U.S. APU market today and will drive the entire fuel cell component supply chain worldwide. Additionally, the high volume manufacturing will provide much needed high-tech jobs for mid-Michigan, improve the overall quality of life, and establish the first high volume fuel cell systems manufacturer in Michigan. As we go to market, we will utilize strategic partnerships to deliver our customers with a complete end-to-end solution to address all of their unique power requirements.

We intend that GEI be known as a leader for innovation in fuel cell systems engineering and for developing products and strategies that both improve the social and economic quality of life for millions and help to accelerate the commercialization of the hydrogen and fuel cell economy world-wide.

GEI TECHNOLOGYbop_image

The GEI X5 is a “hybrid” fuel cell APU that incorporates a high temperature PEM fuel cell and a high-energy density Nickel Metal Hydride (NiMH) battery. Although fuel cell systems typically have a higher energy density compared with traditional batteries, fuel cell systems alone do not have the peak power and load following capabilities of a battery. Therefore, it is necessary for most applications to incorporate a hybrid fuel cell/battery system to benefit from the strengths of both technologies. Because batteries are excellent at satisfying high instant power demands, fuel cell power systems can be sized to meet average power requirements for any given application to achieve maximum efficiency. A fuel cell power system can then be combined with a battery (or other energy storage systems such as ultra capacitors), creating a hybrid system in which the fuel cell provides sufficient power for battery charging during low power demands. The battery or energy storage system can then handle the instant power demands, provide for instant start capability, and most importantly, provide for smooth quasi-transient fuel processor operations. It can not be underestimated the importance of hybrid systems when combined with fuel processors. Since fuel processors are not able to respond instantly to changing load demands, systems without an energy storage media results in an exceptionally difficult control strategy. Alternatively, with energy storage the fuel processor need only respond to “average” load demands rather than instantaneous demands and provides for less complicated and more reliable control systems. Finally, hybrid fuel cell power systems are inherently more fuel efficient and are a more cost effective solution.

 

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