Fuji Electric Acquires N2telligence to Strengthen Fuel Cell Business
Manufacturer continues global expansion with focus on clean and renewable energy
EDISON, N.J. — Fuji Electric Co. Ltd. announced that its European subsidiary, Fuji Electric Europe GmbH, has completed an agreement to acquire 70 percent of the shares of N2telligence, a German fuel cell company headquartered in Wismar, Germany, best known for holding the exclusive license for the patent on a fire prevention system using exhaust air from fuel cells. Fuji Electric said the acquisition is part of its plan to expand its business in the areas of clean and renewable energy, including geothermal, hydro, solar photovoltaic (PV), and fuel cells.
Fuji Electric said the commercialization of its 100kW phosphoric acid fuel cell (PAFC) has made the company one of the world’s leading manufacturers of industrial fuel cells. Because electricity can be obtained directly from fuel cells by the chemical reaction of natural gas or hydrogen, there is little energy loss in the power generation process, resulting in highly efficient power generation with low noise emission and low vibration. As cogeneration, or combined heat and power, equipment that uses the waste heat produced during generation, fuel cells also achieve energy efficiency of around 90 percent and the reduction of carbon dioxide emissions.