The objective of High Power innovation project is to develop an innovative Solid Oxide Fuel Cells (SOFC) technology based stationary power plant product for combined heat and electricity production. As a result of the HighPower project Convion customers will benefit from higher electrical and heating efficiency, improved power security, very low environmental impact and flexible power application set-ups.
Based on market studies, fuel cell technologies have a significant market opportunity. Fuel cells can significantly increase efficiency of power generation and reduce environmental impact associated to it –locally and globally. Highly efficient fuel cells alleviate dependency on fossil fuels by reducing primary energy consumption and by opening up new opportunities for efficient utilization of biogas as a renewable source of energy. Fuel cell technology provides means for reducing several negative environmental and health effects of power generation compared to conventional technologies. Additionally, fuel cells and distributed power systems architecture positively impact businesses by securing supply of energy, by assisting in reaching emission abatement targets and by benefiting local economies as well as Europe as a growing clean tech industry.
The feasibility study concludes that Convion is well positioned to take advantage of the business opportunity. The innovative Convion power plant will enable to reach extremely high energy efficiency at minimal environmental impact, provide uninterrupted power supply for data centers, hospitals, etc. and reduce European dependency on fossil fuels. Convion´s 50-300 kW power plants can provide solutions for low-carbon distributed power generation based on natural gas, biofuels and hydrogen both for commercial and industrial segments.
In February 2015 Convion achieved a major milestone when manufacturing of the C50 prototype was finalized and product validation was started. Over 3000 running hours of a C50 prototype, Convion has proven that the unique innovations embedded in the C50 product are functioning as expected. The prototype has exceeded its performance targets and proven that the product innovations and design are robust. Successful validation of the C50 prototype has proven Convion capabilities among leading providers of commercial fuel cell systems.
In the feasibility study phase, based on the conducted market surveys, Convion has formulated an updated business plan, established partnerships throughout a value chain and formulated a manufacturing plan for series manufacturing of the products. These actions will support further commercialization of Convion products and provide good basis for global market reach.