Embargoed Release: 07:00hrs Thursday 6 March 2008
Zenergy Power plc
(`Zenergy' or the `Group')
Core Patent for Low Cost 2G HTS Wire Production
Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of
commercial applications for high-temperature superconductive (`HTS`) materials,
is pleased to announce that it has been granted an additional patent in
relation to the low-cost industrial manufacture of 2nd Generation (`2G`) HTS
materials and wire in Germany. This core patent covers the processes and
structures used in the production of essential buffer layers used in 2G wires
and follows the grant earlier this year of the Group's core patent covering the
processes and structures governing the production of the active superconducting
layers in 2G wires.
As previously stated, Zenergy is committed to lowering the production costs of
HTS materials and products by developing its own patented 2G wire materials.
These advanced materials are based on the same class of materials as 1G but
manufactured using thin film technology for which the Group is developing a
patented and unique `all-chemical' mass production technique.
The materials Zenergy adopts for the manufacture of 2G wire are considerably
less expensive than those used in existing 1G wire and it is expected that the
material cost of 2G wire can be brought to below that of copper. Accordingly,
the Directors believe the grant of this core patent is of particular
significance to the Group's long-term commercial competitiveness as it protects
its unique low-cost processes for the production of 2G wire.
-Ends-
www.zenergypower.com
www.australiansc.com / www.scpowersystems.com / www.trithor.com
-Ends-
Further information:
Dr. Jens Müller Zenergy Power Plc + 49 22 26 90 60 200
Andrew Tan Hansard Group + 44 207 245 1100
Tom Hulme Landsbanki Securities + 44 207 426 9000
(UK) Limited
About Zenergy Power plc
Zenergy Power plc is a global specialist manufacturer and developer of
commercial applications for superconductive materials. Comprising three
operating subsidiaries located in Germany (Trithor), USA (SC Power Systems) and
Australia (Australian Superconductors), Zenergy is highly focussed on the
commercialisation of a number of energy efficient applications to be adopted in
renewable energy power generation, energy distribution and large scale, energy
intensive industrial processes and achieved the world's first commercial sale
of an industrial scale HTS device in September 2007.
About superconductivity
Superconductive materials are capable of conducting electricity without any
resistance and were first discovered in 1911 in what was to prove to be one of
the most significant scientific breakthroughs of the 20th century.
The global HTS market is substantial and growing, with a number of market
studies projecting multi-billion dollar markets for the application of HTS
materials and products. The proliferation of the use of superconductor
materials is largely being driven by the following key factors:
(a) HTS materials are highly complementary to energy efficient technologies as
a substitute for copper
(b) HTS wires have power densities of over 100x that of copper
(c) Current developments are leading to substantially reduced costs in the
production of HTS wires and are targeting to be cheaper than copper over the
next few years.
(d) HTS applications deliver exceptional energy efficiencies and thus reduced
power consumption and running costs
(e) HTS technology is set to play a significant role in reducing CO2 emissions
in line with international targets
(f) HTS applications are capable of delivering vastly increased levels of power
with increased reliability and reduced material usage
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.