AEG Power Solutions is Awarded a 6 Mw Contract for Hydrogen Electrolysis Process in Hybrid Power Generation Plant

HANNOVER, Germany - Tuesday, April 24th 2012 [ME NewsWire]

HANNOVER MESSE 2012 Hall 12 / Stand D06

(BUSINESS WIRE)-- The Thyrobox H2 innovative power supply system will equip the electrolysis process of a German hybrid power generation plant (“Power to Gas”). It’s the 4th contract the company wins in 12 months for similar applications. Strategy of diversifying applications of its leading edge power controllers is paying off.
Energy technology and power electronics specialist AEG Power Solutions (AEG PS) has been awarded its 4th order for its innovative power supply system for electrolysis within one year.
This recent order is the biggest one signed by AEG PS for the Thyrobox H2 during the past 12 months. The AEG PS power supply system will be used for the hydrogen electrolyzer with a total capacity of 6 MW, in a hybrid power generation plant under construction in the North of Germany.
Hybrid power plants are capable of storing energy – generated by wind mills or other sources, such as photovoltaic – and re-injecting it into the grid or transforming it into gas on demand. A highly efficient electrolysis process in the power plant converts the energy into hydrogen. AEG Power Solutions’ Thyrobox H2 is powering this crucial part of the process. The water-cooled rectifier benefits of a unique design. It ensures high dynamic response, high precision, efficiency, reliable power delivery to the electrolyzer with maximum power factor at its input.
Thyrobox H2 supports the production of the hydrogen, which is later on transformed into methane gas by the Sabatier process. This gas can be then supplied to the regular gas pipelines, or it can be used in gas power plants.
Energy storage or transformation is the key challenge for renewable energy integration of wind and solar in order to become a reliable source for the general power supply.
“The significant increase of these renewable energies thus creates the need for energy storage or transformation, and hydrogen and/or methane production are now developing faster and faster as clean energy storage solutions“ explains Gladwyn De Vidts, Chief Strategic Officer of AEG Power Solutions. “As a technological leader in power solutions and thanks to our experience in supplying complex high power applications, we’ve been able to create a system adapted to this specific process. It opens a brand new market for us in renewables and is very promising.”
Energy storage, grid management, smart grids - AEG Power Solutions is displaying its innovative products and solutions for smart grids in detail at Hannover Messe 2012 (hall 12/stand D06).
More about smart grids: http://www.aegps.com/en/smart-grids/
*Sabatier process: Hydrogen reacting with CO2 at high temperature and pressure with a nickel catalyst produces methane and water.
About AEG Power Solutions
AEG Power Solutions Group is a global provider of power electronic systems and solutions for all industrial power supplies and offers one of the most comprehensive product and service portfolios in the area of power conversion and power controlling. The two complementary operating business segments, Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) are serving customers worldwide. The RES product and service portfolio consists of systems and solutions for solar power plants like solar inverter, monitoring and control systems as well as power controller. The EES product and service portfolio includes high performance uninterruptable power supplies (USPs), industrial power controller and DC-converter. Thanks to its distinctive expertise, bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for smart grids.
AEG PS’ footprint is global including 17 subsidiaries and competence centers around the world, employing 1,650 employees.
AEG Power Solutions Group, is head quartered in Zwanenburg in the Netherlands is the sole subsidiary of the holding company 3W Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01).3W Power is registered in Luxembourg. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9) and the warrants are traded on NYSE Euronext, Amsterdam (ticker symbol: 3WPW).
For more information go to: www.aegps.com.
This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.
AEG is a registered trademark used under license from AB Electrolux

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Contacts

Claire Pairault
Corporate Communications
AEG Power Solutions
Tel: +331 555511076
Mobile: +33 6 19609164
claire.pairault@aegps.com


Ute von Cranach
Marketing Communications RES
AEG Power Solutions
Tel.: +49 2902 763 256
Mobile: +49 170 574 9094
ute.voncranach@aegps.com