May 26, 2024

Blue World Technologies enters strategic alliance with DEUTZ AG

As a technological innovation leader in the growth and output of methanol fuel mobile factors, stacks, reformers, and programs Blue Globe Technologies has due to the fact the corporation was launched in Oct 2018 had an goal to provide higher-temperature PEM gasoline cell technologies to a commercial stage by means of the industrialisation of the technological innovation. Earlier this year, the organization took over 8,500 m2 output services in Aalborg, Denmark, and is now in the course of action of putting in production devices in what will be one particular of the greatest gasoline cell factories in Europe.

DEUTZ is a world-leading off-highway drivetrain and know-how provider with a sales and provider network covering far more than 800 profits and support suppliers in 130 countries all around the entire world. With a emphasis on innovation and acquiring a wide product or service spectrum, DEUTZ is welcoming the gasoline mobile technology as section of its engagement in green technology. The partnership agreement is topic to last owing diligence with completion envisioned all through Q4 2021 at which time Deutz will presume a 10{18fa003f91e59da06650ea58ab756635467abbb80a253ef708fe12b10efb8add} fairness interest in Blue Environment Systems.

“By partnering with Blue Globe Systems, DEUTZ is increasing its activities in the enhancement of climate-neutral generate devices,” says Dr Frank Hiller, CEO of DEUTZ AG and carries on: “In the small business with gensets, we see an exceptionally attractive current market that we are on the lookout to tap into together with Blue Globe. Genset buyers are now expecting zero-emission, climate-neutral engineering for their programs way too. Fuel cells that run on ‘green’ methanol offer an best answer listed here. DEUTZ is as a result creating further headway with new systems that will move it over and above the standard motor to give local weather-neutral options even for the off-highway section and stationary applications”.

At Blue World Systems, they see a large prospective in the collaboration with DEUTZ that from the commencing also enabled the corporation to carry in an more associate:

“We are pretty enthusiastic about this partnership with DEUTZ. It usually means we will be ready to work with a person of the world’s major developers and suppliers of engines on the joint improvement and distribution of our gasoline cell technology. DEUTZ’ expense is also providing us a strengthen forward of our prepared community listing, and our partnership with DEUTZ will be a main contribution in the direction of assembly our mutual plans,” states Anders Korsgaard, Co-founder and Main Government Officer of Blue Entire world Systems and continues: “Furthermore, we are content to announce that Vaekstfonden, the Danish Progress Fund, also expects to get a major stake in Blue Environment Technologies. We have a solid marriage with Vaekstfonden and with these two strategic companions on board, we can pace up the procedure of setting up one of the premier gasoline mobile factories in Europe to satisfy buyer demand”.

Strengthening worldwide reach and local weather impact

Equally Blue Earth Technologies and DEUTZ are committed to modifying the current market for standard combustion engines supplying an different supporting the change in direction of eco-friendly technologies. The partnership is enabling a world-wide attain for Blue World’s local weather- and environmentally welcoming stationary fuel mobile gensets by DEUTZ’ big gross sales and assistance network.

Blue Environment Technologies develops and manufactures methanol gas cells for a large wide range of industries all-around the entire world.

“Blue World Systems getting a younger firm, the worldwide access we are now gaining from the partnership with DEUTZ is of excellent relevance for us, but also the local climate and surroundings will benefit from the collaboration as the technologies roll-out will be speeded up and the technological innovation will be introduced as a inexperienced choice to further marketplaces outside of our very own target spot inside stationary applications,” Anders Korsgaard explains.

The synergy involving the two businesses will push the environmentally friendly electricity transition forward cutting down both of those CO2, NOx, SOx, and particle emission. When the gas cells are fuelled with inexperienced methanol made from environmentally friendly electric power and CO2 from non-fossil sources e.g. biomass, squander, or immediate air capture, the program will have a internet-zero CO2 emission.

Besides the collaboration with DEUTZ, which mainly is concentrated all over stationary gas cell gensets, Blue World Systems proceeds its routines on fuel cell stack and supporting subsystem deliveries and technique progress to OEMs within a extensive wide range of industries e.g. inside of the transportation sector the place the gas cell technological know-how has a substantial opportunity. Examples of this are the ongoing pursuits inside the maritime sector where by Blue Environment Technologies is discovering the use of methanol gasoline cells as maritime auxiliary electricity in a modular design scalable up to 5 MW and the effort within just auxiliary electric power models (APU) for mobility purposes.
Supply: Blue Planet Technologies