FLINT, Mich., Jun 05, 2014 (GLOBE NEWSWIRE via COMTEX)
GEI Global Energy Corp. GEIG0.00% , 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.
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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The Importance of Commercialization
Tuesday, 29 July 2008 03:35
GEI is part of the Fuel Cell and Sustainable/Alternative Energy industry and has a target market that includes portable and on-board power generation applications requiring efficient, clean, near-zero emissions, and silent operations in the 2kW to 8kW nominal power range.
Fuel cells have several advantages over current energy producing technologies. They are efficient, environmentally benign, fuel flexible, modular, scalable, have low and easy maintenance, and are adaptable to specialized applications.