Japan’s Fuji Electric to Sell Industrial Fuel Cells in European Market
14 Feb 2012
Fuji Electric, the Japanese phosphoric acid fuel cell manufacturer, has acquired the international credentials necessary for direct sales of its industrial fuel cells in the EU. This is the company’s first export venture; the company currently ships around ten of its 100 kW units a year to domestic plants and schools. The company will continue to assemble its products in Japan but will look to increase procurement of foreign parts; Fuji is aiming for sales of JPY one billion in two years.
This latest development follows news at the beginning of the month that Daimler had ordered a 100 kW unit through vendor N2telligence for installation in its Hamburg Mercedes-Benz dealership in an order valued at JPY 100 million (USD 1.29 million). With its new credentials Fuji Electric will be able to market and distribute its products directly to European customers.
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