Zenergy Power Announces Hydro-Generator Collaborative Project with E.ON Wasserkraft GmbH

London, UK, October 23:  Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of commercial applications for superconductive materials, is pleased to announce that following an extensive period of collaboration, E.ON Wasserkraft GmbH has elected to install the world's first high temperature superconductor hydro-generator in its commercial hydroelectric power station based at Hirschaid in Bavaria, Germany. The development and installation of the 1.25 MW generator is to be part funded by the European Commission and is expected to improve the economic return of renewable energy production as a result of a significant increase in the level of electrical efficiency of the generator.

The hydro-generator will be based around Zenergy’s patented high-temperature superconductor materials which will enable the production of a hydro-generator capable of delivering efficiency levels of greater than 98% which is a significant improvement on current efficiency levels achievable with standard hydro- enerator technologies. The projected cost of the overall development and installation is set to be €3.44 million of which the European Commission will provide €1.85 million.

The 1.25 MW superconductor generator will be built by Converteam (formerly ALSTOM Power Conversion), utilizing superconductive coils made by the Group’s German operation Trithor GmbH. The superconductor generator is to be used as a replacement for an existing generator and is expected to improve the efficiency of E.ON Wasserkraft GmbH hydro-electric power generation.

Further technical input for the generator is being provided by Dutch company KEMA, the Silesian University of Technology and the British company, Vector Fields. A maintenance free cryogenerator for the cooling of the generator will be provided by the Dutch cryogenic company, Stirling.

Once successfully tested, the superconductor generator is scheduled to power approximately 2,000 households on an ongoing basis through E.ON Wasserkraft GmbH grid operation.

E.ON Wasserkraft GmbH is a wholly owned subsidiary of E.ON AG, the world’s largest investor-owned energy service provider, which is currently on track to becoming the world’s leading power and gas company with current annual sales of more than €56 billion and circa 80,000 employees. As Germany’s largest producer of hydro-electric power, E.ON Wasserkraft GmbH currently produces more than 10 billion kilowatt hours of hydro-electric power per annum.

Ulrich Fuchs, head of Electrical Engineering, E.ON Wasserkraft GmbH, commented: ‘To be the world's first utility company to implement high-temperature superconductor materials into its power generation equipment is a hugely exciting prospect for E.ON Wasserkraft GmbH. As Europe's largest producer of hydro-electric power we are ideally positioned to benefit from the economic improvements that Zenergy's technology brings to the production of renewable energy. We very much look forward to having this generator in ongoing grid operation and would like to thank the European Commission for its ongoing support for this ground breaking work.’

Michael Fitzgerald, Chairman, Zenergy, commented:‘To be selected by one of the world’s largest energy utilities for such a pioneering project is a major endorsement of the Group’s technology and its commercial potential. It is our belief that by delivering such high efficiency levels, our superconductor materials are capable of having a significant impact on the economies of renewable energy production.’