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Wang Yanqing, Chairman at Wuxi Lead Intelligent Equipment Co., Ltd., and CEO at Blue World Technologies, Anders Korsgaard, signs partnership agreement
Wang Yanqing, Chairman at Wuxi Lead Intelligent Equipment Co., Ltd., and CEO at Blue World Technologies, Anders Korsgaard, signs partnership agreement

Press release -

Blue World Technologies signs partnership agreement with world-leading supplier of intelligent production equipment

Se dansk version som vedhæftet Word-dokument / See Danish version as attached Word-document

新闻稿中文版请见附件 / See Chinese version as attached Word-document

In September the construction of the largest methanol fuel cell factory in Europe will begin at the Port of Aalborg, and today Blue World Technologies has signed a partnership agreement with world-leading supplier of intelligent production equipment, Wuxi Lead Intelligent Equipment Co., Ltd. as key supplier of a fuel cell production setup with a yearly capacity of 50,000 units.

Today, Anders Korsgaard, CEO at Blue World Technologies and Wang Yanqing, Chairman at Wuxi Lead Intelligent Equipment Co., Ltd., signed a strategic partnership agreement as a first step towards realising the plans of a methanol fuel cell factory on the Port of Aalborg. The factory is planned to start production in the summer of 2020 and from then the production will ramp-up.

At Blue World Technologies the decision to enter a partnership with Wuxi Lead Intelligent Equipment Co., Ltd. is based on Wuxi Lead’s specialised experience within intelligent production equipment for batteries and photovoltaics and long track record, which includes production setups for some of the world’s leading manufacturers of batteries - including companies like Samsung, LG, Panasonic, CATL, and BYD - together with a unique experience within equipment for production of fuel cell components and systems.

“Having worked with fuel cell technology for two decades, we know that we have to be ambitious to reach our goals of being the world-leading supplier of methanol fuel cell systems and a strong production with a high degree of automation is key to success. The signing today with the world-class supplier of intelligent production equipment, Wuxi Lead, marks the first step in achieving this”, says Anders Korsgaard, CEO at Blue World Technologies after the signing.

Intelligent mass production of fuel cells

The Blue World Technologies fuel cell factory production lines will include manufacturing processes of key fuel cell components such as membrane, electrode and bipolar plates, all in a highly automated, intelligent setup ensuring a high-speed, large-scale production at a high-quality level.

High manufacturing capacity of production equipment and the strong competences of the Wuxi Lead team enables them to deliver a setup within a minimal timeframe. All the equipment and the manufacturing processes are tailor-made to match the specifications of the Blue World Technologies fuel cell, but since many manufacturing processes are similar to battery production, Wuxi Lead can draw from their extensive experience ultimately resulting in an energy-efficient, cost-competitive methanol fuel cell system.

“It is a great opportunity for us to work with Blue World Technologies on the production setup for their fuel cell factory here in Aalborg. Our strong experience with production equipment, both on the Chinese and European market, together with the Blue World Technologies intensive knowledge about fuel cell technology creates a solid base for our collaboration”, says Wang Yanqing, Chairman at Wuxi Lead Intelligent Equipment Co., Ltd.

The construction of the 5.285 m2 production building will begin in September and the installation of the production equipment will take place during Q2 2020.

A green alternative to the combustion engine

The high-efficient methanol fuel cell system of Blue World Technologies is applicable to a variety of applications, with a primary focus on the automotive market. The fuel cell system acts as a range extender for a battery electric vehicle. Combining a smaller battery pack with the methanol fuel cell brings the convenient benefits we know from combustion engines to the electric vehicles, such as a more than 1,000 km driving range and a fast refuelling time.

The fuel cell systems run on methanol which is a liquid fuel that can be produced from renewable sources and can easily be stored and transported around the world. Since methanol is a liquid fuel at atmospheric pressure, the worldwide infrastructure currently used for fossil fuels such as diesel and gasoline can be reused for methanol with only minor adjustments and low investment costs to follow. Unlike combustion engines, the fuel cell system has zero harmful emissions, thereby providing a solution to the massive air pollution problems cities around the world are currently facing and working to overcome.

About Wuxi Lead

Wuxi Lead Intelligent Equipment Co., Ltd. was founded in 2002 and has since grown to become the world's leading manufacturer of intelligent production equipment for manufacturing of lithium-ion batteries, capacitors, and photovoltaics. Within recent years, Wuxi Lead has expanded its market position to include non-standard automation equipment for fuel cell production.

All production lines supplied by Wuxi Lead Intelligent Equipment Co., Ltd are tailored to the specific needs of the client, based on intelligent systems and are highly automated.

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Blue World Technologies is an advanced developer and manufacturer of methanol fuel cell components and systems as a real green alternative to the combustion engine. Blue World Technologies is founded on extensive experience from the fuel cell industry.

The exclusive fuel for Blue World Technologies fuel cell systems is methanol. A renewable liquid fuel that simple and cost-effective can be stored for years and transported around the world, unlike other alternatives.

Blue World Technologies is focused on the High-Temperature PEM-technology combined with methanol reforming. The combination ensures a simple system design with high conversion efficiency and compliance with automotive design requirements. The end solution is a vehicle with all benefits; long range, fast refuelling, zero harmful emissions, and low fuel cost.

The headquarters of Blue World Technologies is in Aalborg, Denmark which is a stronghold of highly qualified engineering within the technological area and competent industrial workforce for specialized component manufacturing. Furthermore, Blue World Technologies is planning to set up development and manufacturing activities in key markets to optimize the supply chain and ensure proximity to the customers.

Blue World Technologies is founded by Mads Bang, Anders Korsgaard and Mads Friis Jensen - all executives from the fuel cell industry with extensive experience. Earlier this year, the company closed the first investment round with great success.

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Anne Kvist

Anne Kvist

Press contact Head of PR and Communication +45 31 60 16 71

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Methanol fuel cell systems - a real green alternative

ENGLISH:
About Blue World Technologies

Blue World Technologies is an ambitious and visionary developer and manufacturer of HT-PEM fuel cell components and systems for stationary and APU applications and the automotive and heavy-duty transportation sectors around the world. The fuel cells act as a green alternative to combustion engines and diesel generators. As a part of the Power-to-X eco-system the methanol fuel cell technology contributes to solving parts of the green transition that cannot be solved by direct electrification and battery technology alone.

Blue World Technologies’ fuel cells run primarily on methanol – a renewable liquid fuel that simply and cost-effectively can be stored for years and transported around the world while reusing existing infrastructure.

Blue World Technologies is founded on extensive experience from the fuel cell industry and aims towards commercialising the technology through large-scale production. The company is focused on the High-Temperature PEM technology combined with methanol-reforming. The combination ensures a simple system design with high conversion efficiency and significant benefits including CO2 reduction, fuel cost savings, and zero harmful emissions.

Read more about Blue World Technologies on our website www.blue.world or visit us on social media.


DANISH:
Om Blue World Technologies

Blue World Technologies er en ambitiøs og visionær udvikler og producent af HT-PEM brændselscellekomponenter og -systemer, for stationære generatorer og hjælpegeneratorer samt industrier inden for personbiler og tung transport rundt om i verden. Brændselscelleteknologien er et grønt alternativ til forbrændingsmotoren og dieselgeneratoren. Som en del af Power-to-X økosystemet, bidrager methanol brændselscelleteknologien til at løse nogle af de udfordringer i den grønne omstilling, som direkte elektrificering og batterier ikke kan løse alene.

Blue World Technologies’ brændselsceller kører primært på methanol – et flydende brændstof, der simpelt og rentabelt kan lagres i flere år samt transporteres rundt i verden ved hjælp af den eksisterende infrastruktur.

Blue World Technologies er grundlagt på stor erfaring fra brændselscelleindustrien og med en målsætning om at kommercialisere teknologien gennem storskala produktion. Virksomheden fokuserer på højtemperatur PEM-teknologi kombineret med methanol reformering. Denne kombination sikrer et simpelt systemdesign med høj konverteringseffektivitet og betydningsfulde fordele som CO2-reduktion, brændstofbesparelser og ingen udledning af skadelige emissioner.

Læs mere om Blue World Technologies på vores hjemmeside www.blue.world eller besøg os på sociale medier.

CHINESE:
关于蓝界科技(Blue World Technologies)

蓝界科技是一家有雄心和远见的高温质子交换膜燃料电池组件及系统研发商和制造商。其产品可应用于全球固定电源、APU、汽车和重型交通运输等场景。其燃料电池将成为内燃机和柴油发电机的绿色替代品。作为Power-to-X生态系统的一环,其甲醇燃料电池技术将为无法实现直接电气化或无法应用电池技术等领域的绿色转换提供解决方案。

蓝界科技的燃料电池的以甲醇燃料为主。甲醇是一种可再生、可使用现有基础设施便捷便宜实现长时间存储和全球运输的液态燃料。

蓝界科技由拥有丰富的燃料电池行业经验的团队创立,公司的目标在于通过大规模生产实现甲醇燃料电池技术的商业化。蓝界科技致力于高温质子交换膜与甲醇重整相结合的技术,其产品设计简洁,能量转换效率高,拥有碳排量低、燃料成本低、有害物零排放等显著优点。

欢迎访问我们的主页 www.blue.world 或社交媒体 social media了解更多资讯。

GERMAN:
Über Blue World Technologies

Blue World Technologies ist ein ehrgeiziger und visionärer Entwickler und Hersteller von Hochtemperatur-PEM Brennstoffzellen-Komponenten und Systemen für stationäre und APU-Anwendungen und für den Automobil- und Schwerlasttransportsektor auf der ganzen Welt. Die Brennstoffzellen sind eine umweltfreundliche Alternative zu Verbrennungsmotoren und Dieselgeneratoren. Als Teil des Power-to-X-Ökosystems unterstützt die Methanol-Brennstoffzellentechnologie denjenigen Teil des ökologischen Umbaus, der nicht allein durch direkte Elektrifizierung und Batterietechnologie bewältigt werden kann.

Blue World Technologies verwendet als Energieträger für seine Brennstoffzellensysteme primär Methanol – ein erneuerbarer flüssiger Kraftstoff, der unter Verwendung der vorhandenen Infrastruktur einfach und kostengünstig jahrelang gelagert und um die Welt transportiert werden kann.

Blue World Technologies kann auf umfangreiche Erfahrungen aus der Brennstoffzellenindustrie zurückgreifen und hat sich zum Ziel gesetzt, der Technologie durch Massenproduktion zum Durchbruch zu verhelfen. Das Unternehmen konzentriert sich auf die Hochtemperatur-PEM-Brennstoffzelle in Kombination mit Methanol-Reforming. Diese Kombination gewährleistet ein einfaches Systemdesign mit hoher Umwandlungseffizienz und erheblichen Vorteilen wie CO2-Reduzierung, Kraftstoffkosteneinsparungen und null schädlichen Emissionen.

Lesen Sie mehr über Blue World Technologies auf unserer Website www.blue.world oder besuchen Sie uns in den sozialen Medien.

Blue World Technologies
Lavavej 16
9220 Aalborg Øst
Denmark