|
|
IRD's preparation for the United Nations climate conference in Copenhagen in 2009 has already begun. Climate change is one of the biggest global challenges of our time and it is a development challenge. At IRD, we involve ourselves in the research and development of fuel cell technology. Our participation, along with other key technology companies in Denmark, within the Energy Industry of Danish Industry COP 15 Panel strive to showcase available tools, ideas, and methods of reducing the speed and impact of carbon dioxide levels.
The best environmental and renewable solution is one that involves a system based approach so it is imperative to have cooperation within the different renewable energy segments. The Bright Green publication summarizes some of the key solutions Denmark offers via climate friendly and climate resilient developments and IRD is ready to be a part of the solution for climate change.
According to a report by Price Waterhouse Coopers, moderate market projections show that the fuel cell industry could achieve a compounded average annual growth rate of over 60 percent over the next decade. Global demand for fuel cells is projected to be nearly $46 billion in 2011.
|
 |
|
|
|
Managing Director Morten Riis (left) and Prime Minister Anders Fogh Photographer Annette Greenfort, Bass |
The Danish Prime Minister visited the Hydrogen Laboratory where he among other things saw IRD's demonstration on fuel cells for combined heat and power. Managing Director Morten Riis gave the Prime Minister an introduction to the new green technology.
|
 |
|
|
|
IRD fuel cell stak |
IRD delivered a double digit number of fuel cell stacks to a key partner during 2007. A new development program has been initiated to further enhance the performance of these stacks and another order of similar quantity is expected early 2008.
The question is no longer whether or not fuel cells are a viable technology, but when and how large-scale commercialization will occur, and which countries and companies will emerge as dominant players in the industry in the long run. In this regards, IRD and our partners are well positioned to emerge as a key player in the fuel cell industry.
|
|
IRD's participation during cultural night with the Danish Energy Authority was well received. Enhanced awareness of fuel cell technology to the public in Denmark is an important activity during this early adopters phase of launching IRD fuel cell products. Visitors, both young and old, were very curious and excited to see our fuel cell technology in operation. They were surprised at the simplicity of our direct methanol fuel cell (DMFC) in operation and enjoyed driving our fuel cell car. We are looking forward to cultural night next year in Copenhagen.
|
|
IRD presents a poster with the title: Degradation of LT PEM MEAs fuelled with Reformat.
|
 |
|
|
|
Managing Director Morten Riis |
Managing Director & CEO, Morten Riis, gives a presentation at the Fuel Cell Finland Symposium in Espoo, Finland, together with representatives from the Finish Industry and Department of Energy (DDE) among others.
As a leading company in Fuel Cell Technology, Morten Riis is asked to present "How to create business out of the emerging FC market as an European SME"
|
 |
|
|
IRD A/S presents at Forsk2007 at Ingeniørhuset in Copenhagen. Forsk2007 is a Danish Energy Conference focusing on the results made in R&D in energy technology in Denmark
|
 |
|
|
|
IRD's head office |
Utility companies Tre-For, Energi Fyn and Sydfyns Elforsyning have invested DKK 75 million (USD 13.5 million) in IRD, a Danish high-tech company specialising in full cells, full cell materials and systems. The three companies will jointly own a 60% stake in IRD, which also has USA's APC Group amongst its shareholders. The money will be used to commercialise IRD's technology.
Knud Steen Larsen, managing director of Tre-For says: "We would like to play a part in promoting Danish energy technology, especially where we can see an environmental benefit like CO2 reduction. We view the development of fuel cells as a great step in the right direction towards the energy source of the future. We can help IRD to a commercial breakthrough, so the investment is both for strategic and financial reasons."
IRD's managing director Morten Riis is highly satisfied with the new investment: "We are now well prepared – not just financially, but also with owners who understand the energy industry and will be a great asset in the company's commercial phase."
IRD was founded in 1995 and is based in Svendborg, Funen. The company's strategy is to develop and produce new fuel cell technologies in collaboration with international research groups, strategic partners and customers. In 2006, IRD generated revenues of DKK 27 million (USD 4.9 million). The news was reported by financial daily newspaper Børsen.
|
 |
Fuel cell company IRD in collaboration with local government authorities turn the Danish island Lolland and its capital Nakskov into a "community test facility" for hydrogen-powered fuel cell technology.
IRD works with Nakskov municipality officials to deliver working fuel cell solutions that will deliver power to homes, industry and the transport system.
The project will also receive government funding from the Danish Energy Authority, as well as Storstrom county authorities, with initial costs projected to be around 11.5 million Danish kroner, according to the Nakskov Hydrogen Society.
|
|
Together with other Danish players in the fuel cell business IRD visited Vancouver and presented at the Canadian Fuel Cell Conference
|
|
IRD hosts a two day Seminar on Hydrogen and Fuel Cells for Transportation
|
|
As a member of Danish Industry IRD has been invited to present at the Cleantech Conference in Silicon Valley, California