In 2014 the company had sold 210 units of their fuel cell system with a total of 500 deployed units and 2014 revenues of 4 9 million for the company on losses of 17 million.
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Cfu was an australian fuel cell technology company based in melbourne the company produced the bluegen gas to electricity generators.
Ceramic fuel cells was an australian company developing small natural gas fuel cells for homes and small businesses.
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Cfcl was developing sofc products for small scale on.
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In terms of relative price strength which takes into account the overall market trend the ceramic fuel cells price has moved by 75 94 over the past year.
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Ceramic fuel cells limited cfu overview.
Cfcl s developed solid oxide fuel cell sofc technology to provide reliable energy efficient high quality and low emission electricity from natural gas and renewable fuels.
The company s technology converts gas into.
In addition to the funds the company said that it expected to receive a further aud 5 0m 3 3m in cash from the australian government around the middle of the year in relation to a tax refund.
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Ceramic fuel cells limited develops solid oxide fuel cell sofc technology which provides electricity from available natural gas and renewable fuels.
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Ceramic fuel cells reported that the issue price of the new ordinary shares and the conversion price for the loan notes would be 2 14p per share.
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Ceflf complete ceramic fuel cells ltd.