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CFE the Largest Utility in North America Expands Deployment of GenCell's Long-duration Substation Backup Solution

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GenCell Energy announced that Comisión Federal de Electricidad (CFE), Mexico's state-owned utility and North America's largest, has expanded its deployment of GenCell's long-duration substation backup solution. CFE has exercised an option to double its order of additional GenCell REX™ backup power units, following a tender won in December 2023. The GenCell REX™ units, equipped with GenCell GEMS™ AI-driven energy management software, provide climate-resilient, zero-emission, long-duration Tier One backup power to CFE's substations.

The project aims to enhance resilience, digitization, automation, and network modernization, extending backup duration from 8 to 24 hours. GenCell's solutions operate in extreme conditions and require only annual maintenance. The partnership supports CFE's 2030 Smart Grid Maturity & Interoperability Goals and demonstrates GenCell's vision of GreenFSG™, delivering long-duration clean power through independent, zero-emission circular economies.

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Positive

  • CFE doubles its order of GenCell REX™ backup power units, indicating strong demand and customer satisfaction
  • GenCell's solution extends substation backup duration from 8 to 24 hours, improving grid resilience
  • Partnership with CFE, North America's largest utility, may lead to expanded market penetration in the power utility sector
  • GenCell's GEMS software enhances CFE's substation visibility and helps meet 2030 Smart Grid Maturity & Interoperability Goals

Negative

  • None.

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On the day this news was published, GNCLF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

State of Mexico Utility CFE Exercises Option to Double its Order of Additional GenCell REX™ Backup Power Units 

PETAH TIKVA, Israel, Aug. 12, 2024 /PRNewswire/ -- GenCell® Energy, a leading provider of hydrogen-to-power solutions, announced today that Comisión Federal de Electricidad (CFE), Mexico's state-owned utility and the largest utility in North America, has demonstrated its strategic partnership with GenCell by ordering an additional tens of GenCell REX™ backup power units as part of the tender won in December 2023, alongside the multiple units already deployed.  The GenCell REX™ units, accompanied by GenCell GEMS™ proprietary AI-driven energy management software, provide climate-resilient, zero-emission, long-duration Tier One backup power to CFE's substations that kicks in immediately during grid outages. CFE has partnered with GenCell to harden substations and - going forward - to leverage hydrogen to supply reliable stable clean energy for its new substations.

Based on the successful collaboration between CFE Distribucion, GenCell and Gncell Mexico to optimize substation operations and systems interoperability, in December 2023 CFE contracted an order of additional GenCell backup power units via its Mexican partner GnCell Energy de México to supply GenCell REX systems configured with triple load capacity (130, 48 and or 12 VDC in a single unit) for its substations. CFE has now decided to move ahead to exercise its option within the contract to order double the initial number of units purchased.

The project has enhanced resilience, digitization and automation, predictive maintenance, network modernization and compliance with cybersecurity and regulatory mandates to extend backup duration from 8 to 24 hours. Designed to withstand extreme environmental conditions, GenCell's backup solutions operate in a temperature range from -20°C to +45°C without preheating and in humidity of up to 90%. Servicing, parts and fuel replacement are infrequent, requiring only annual maintenance.

GenCell's GEMS software gives CFE full visibility into substation resilience. A systematized operation protocol was developed for coordination with CFE and national CCD-ZOT-CENACE monitoring centers. Complying with the strictest utility standards, the software helps CFE meet 2030 Smart Grid Maturity & Interoperability Goals.

"We are proud and grateful to reach this stage in our partnership with CFE, delivering climate-resilient auxiliary power critical to CFE's ability to distribute uninterrupted power across Mexico," remarks Rami Reshef, co-founder and CEO, GenCell. "Working together with CFE to optimally leverage hydrogen in Mexico's clean energy future, GenCell is realizing our vision of GreenFSG™ – an innovative approach incorporating broad distribution of independent, zero-emission circular economies delivering long-duration clean power anywhere."

Continues Reshef, "When climate disruption causes outages to extend from 8 to 20+ hours, innovation that extends backup duration and reliability, enabling "always-on" substations to sustain distribution systems' critical operations, is a utility game-changer. We are confident that our strategic partnership with CFE driving substation resilience will propel GenCell's extended penetration of the power utility sector across North America."

About GenCell Energy

GenCell Energy (TASE: GNCL) develops GreenFSG power solutions based on reliable, zero-emission alkaline fuel cells, Hydrogen2Power™, Ammonia2Power™ and Water2Power® technologies that deliver uninterrupted power to help the world #SayNoToDiesel and transition to clean energy.  The ability to produce not only clean power from GenCell's fuel cells, but also the green fuel on which the fuel cells run, sets GenCell in a far superior position as a well-to-wheel total green energy solution provider. GenCell delivers resilient, robust, and weather-resistant backup power for utilities, telecom, EV charging and other mission-critical applications which have been deployed in 23 countries.  The Company retains unique intellectual property that includes patents, trade secrets and know-how.

Contact: 

Shelli Zargary 
GenCell Energy
Tel: +972 54 5617161
shelliz@gencellenergy.com
www.gencellenergy.com

Photo - https://mma.prnewswire.com/media/2479572/GenCell_Energy.jpg
Logo - https://mma.prnewswire.com/media/2467397/GenCell_Logo.jpg

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SOURCE GenCell Energy

FAQ

What is the significance of CFE doubling its order of GenCell REX™ units for GNCLF stock?

CFE doubling its order of GenCell REX™ units is significant for GNCLF stock as it demonstrates strong customer satisfaction, increased demand for GenCell's products, and potential for expanded market penetration in the power utility sector across North America.

How does GenCell's backup solution improve CFE's substation resilience?

GenCell's backup solution improves CFE's substation resilience by providing climate-resilient, zero-emission, long-duration Tier One backup power that extends backup duration from 8 to 24 hours, ensuring uninterrupted power distribution during grid outages.

What are the key features of GenCell's REX™ backup power units for CFE's substations?

GenCell's REX™ backup power units for CFE's substations feature triple load capacity (130, 48 and/or 12 VDC in a single unit), operate in extreme temperatures (-20°C to +45°C), withstand up to 90% humidity, and require only annual maintenance.

How does GenCell's GEMS software benefit CFE's operations?

GenCell's GEMS software benefits CFE's operations by providing full visibility into substation resilience, helping meet 2030 Smart Grid Maturity & Interoperability Goals, and enabling coordination with national monitoring centers through a systematized operation protocol.
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