28.08.2014
2G Energy AG DE000A0HL8N9
DGAP-News: 2G Energy AG: Successful commissioning of 3.12 MW CHP system for Merck for production in Darmstadt
DGAP-News: 2G Energy AG / Key word(s): Incoming Orders/Incoming Orders
2G Energy AG: Successful commissioning of 3.12 MW CHP system for Merck
for production in Darmstadt
28.08.2014 / 07:28
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Corporate News
2G Energy AG: Successful commissioning of 3.12 MW CHP system for Merck for
production in Darmstadt
- Merck utilizing CHP system for ongoing process heat requirements in
manufacturing
- Total efficiency of around 87% represents high standard for industrial
applications
- 2G receives order from brewery Krombacher to install a 2 MW CHP system
Heek, August 28, 2014 - 2G Energy AG (ISIN DE000A0HL8N9), one of the
leading manufacturers of combined heat and power (CHP) systems, has
transferred a CHP system with electric output of 3.12 MW to Merck KGaA,
Darmstadt, following a four and a half month construction period. The
natural gas driven system consists of two CHP units each with 1.56 MW
electric and 1.58 MW thermal output. The system supplies pharmaceutical
production and research at the Darmstadt site with electricity that is fed
into the plant grid, as well as with thermal output in the form of heating,
and also with cold water through an absorption cooling machine. The 2G
system is set up so that it can also be operated as a grid replacement if
required, so that if electricity supplies fail, important areas of the
Darmstadt company can continue to be supplied with electricity.
With this investment in its own energy centers, Merck, in its own words, is
"securing the long-term generation of electricity, heating and cooling for
the manufacturing of its pharmaceutical and chemical high-tech products."
Merck entrusted 2G with the complete planning of the CHP system, including
installation and connecting to the already existing infrastructure for
electricity, natural gas and heating, as well as project management. It
also included the construction of a 48 meter steel chimney.
Ludger Holtkamp, COO of 2G Energy AG, commented on the project's model
character as follows: "The Merck project is exemplary in showing how CHP
systems can offer highly varied thermal output that can be utilized very
efficiently by the chemical industry and in the pharmaceutical sector.
Economic efficiency is secured through the plant's demand for electricity,
and especially through continuous process heat demand, as well as
utilization possibilities for cooling and steam. Total efficiencies of 87
%, as is the case with Merck, or more, are delivered as a consequence.
These are significantly higher than is the case with the separate
generation of electricity, heating and cooling. This performance level
shows that investments in CHP systems remain attractive for many industrial
operations, also after the 2014 amendment to the German Renewable Energies
Act."
German brewery Krombacher has awarded an order to 2G to supply and install
a natural gas driven CHP system with electric output of 2 MW. Along with
electricity generation, the brewing company is focusing particularly on the
continuous utilization of heating for malt drying and the fermentation
process.
2G Energy AG company profile
2G Energy AG is amongst the world's leading manufacturer of cogeneration
systems (CHP) for decentralized energy production and supply by means of
combined heat and power. The company's product portfolio includes systems
with an electrical capacity between 20 kW and 4,000 kW for the operation
with natural gas, biogas or bio methane. So far, 2G was able to
successfully install thousands of CHPs in 25 countries. Especially, in the
performance range of 50 kW to 550 kW 2G posses own technological combustion
engine concepts characterized by low specific fuel consumptions. Next to
the main production site at its headquarter in Heek, Germany, the company
has invested in an additional production and sales & service site in St.
Augustine, Florida, USA. 2G's customers range from farmers to industrial
clients, municipalities, real estate industry, up to municipal utilities
and big utility companies. The high level of customer satisfaction is
founded on the close-knit service network as well as the high technical
quality and performance of 2G power stations. Thanks to the combined heat
and power performance they achieve an overall degree of efficiency between
85 percent and well above 90 percent. To further enlarge the
technologically leadership the company continuously invests in its R&D
activities for gas engines for the use of natural gas, biogas and synthetic
gases (e.g. hydrogen). Next to the construction of combined heat and power
stations, the company, located in Westphalia in the north-west of Germany,
offers integrated solutions reaching from the planning stage and
installations to serial service and maintenance work. Due to its decentral
locations, scalability and projectable availability combined heat and power
stations shall play a crucial role as part of intelligent networked energy
systems - so called virtual power stations - within the ongoing switch to
clean energy.
In the context of Germany's new energy policy, CHPs within smart grids -
so-called virtual power plants - are becoming rapidly important due to
their predictable availability. 2G Energy (ISIN DE000A0HL8N9) is listed in
the Entry Standard of Deutsche Börse AG. The share capital amounts to EUR
4,430,000, and is split into 4,430,000 shares. As of December 31, 2013, the
company's founders held 55.9 % of the shares, with the free float amounting
to 43.9 %. In 2013 financial year (January 1 to December 31), 2G Energy
generated EUR 126.1 million of revenues, EUR 3.1 million of earnings before
interest and tax (EBIT), and EUR 1.0 million of net income. The company
employs 518 staff as of 31 Dec., 2013.
Forthcoming dates in 2014
Sept. 30, 2014 Publication of the half-yearly consolidated financial
statements as of June 30, 2014
Nov. 25-26, 2014 Deutsches Eigenkapitalforum 2014, Frankfurt
Further information: www.2-g.de
Investor relations contact
2G Energy AG
Benzstr. 3
48619 Heek
Germany
Telephone: +49 (0) 2568 93 47-2795
Fax: +49 (0) 2568 93 47-15
E-mail: [email protected]
Internet: www.2-g.de
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28.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: 2G Energy AG
Benzstr. 3
48619 Heek
Germany
Phone: +49 (0)2568-9347-0
Fax: +49 (0)2568-9347-15
E-mail: [email protected]
Internet: www.2-g.de
ISIN: DE000A0HL8N9
WKN: A0HL8N
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
Open Market (Entry Standard)
End of News DGAP News-Service
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