Stuart Energy Meets Milestone in Hong Kong Project

September 24, 2002 by Jeff Shepard

Stuart Energy Systems Corp. (Mississauga, ON) announced that it has successfully achieved, on schedule, the second of three milestones in its project with Cheung Kong Infrastructure Holdings Ltd. (CKI, Hong Kong) to develop and supply hydrogen backup power systems (H2BPS) for the Hong Kong and Asia Pacific marketplace. The milestone was achieved with the demonstration and initial testing of the alpha prototype H2BPS installed at Stuart Energy's head office in Mississauga.

Jon Slangerup, president and CEO of Stuart Energy, said, "Achievement of this milestone is important for three reasons. First, the integration of the alpha H2BPS validates our systems-integration capabilities. Second, the demonstration of the H2BPS validates our strategic partner approach to this project. Third, we expect that our learning on obtaining codes and standards approvals will be valuable in our next milestone and in other projects. We are on schedule and are focused on meeting the third project milestone, the demonstration and acceptance of a beta H2BPS in Hong Kong in the spring of 2003."

The Stuart Energy H2BPS is designed to replace polluting fossil-fuel-powered gensets with emission-free hydrogen systems. A H2BPS integrates a hydrogen generation system, storage, and a genset powered by a hydrogen internal-combustion engine or a fuel cell engine. The H2BPS can produce hydrogen during off-peak hours using low-cost electricity. During a power failure, the H2BPS converts stored hydrogen into electricity to provide emergency power for elevators, lighting, fire control systems, computers and other essential systems.