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Hydrogenics Resumes Trading on NASDAQ Under HYGS Ticker

MISSISSAUGA, Ontario– Hydrogenics Corporation (Nasdaq:HYGS) (TSX:HYG), a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced that, as expected, the Company’s ticker symbol on the NASDAQ Global Market has reverted back to “HYGS” after temporarily trading under the symbol “HYGSD.” The temporary ticker symbol change was a result of the NASDAQ’s internal procedures following the completion of the non-dilutive financing transaction involving Algonquin Power Income Fund and did not reflect any change in Hydrogenics’ operations or trading status.

ABOUT HYDROGENICS

Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.

November 27, 2009 - 1:55 PM No Comments

€5 million in funds secured for hydrogen refueling station & fuel cell vehicles in Denmark in late 2010

ADDITIONAL FUEL CELL VEHICLES & HYDROGEN STATION FOR HOLSTEBRO YEAR END 2010/2011

ADDITIONAL FUEL CELL VEHICLES & HYDROGEN STATION FOR HOLSTEBRO YEAR END 2010/2011

At year end 2010/2011 an additional hydrogen refueling station will open in the city of Holstebro in West Denmark. Also the local municipality will start using three hydrogen powered fuel cell cars.

The full financing on €5 million for R&D and demonstration of a 700 bar hydrogen refueling station and fuel cell vehicles in the city of Holstebro in West Denmark have now been secured. The named LINK2009 will act as the next step for hydrogen for transport in Denmark during 2010, thus contributing to the overall efforts of the Scandinavian Hydrogen Highway Partnership of becoming one among the first regions in the world where hydrogen powered cars are market introduced. The station and vehicles are planned to commence operation around the year end 2010/2011.

The successful West Denmark Project and the recent Copenhagen Project have together secured additional 7 hydrogen stations and 15 fuel cell vehicles in operation in Denmark (out of a total of respectively 12 stations and 23 vehicles in Denmark, covering both road and non-road use).

The first ideas for the LINK2009 project was made during 2008 and first round of funding from the Danish Energy Agency program EUDP was secured in summer 2009. This was also the start of R&D of the 2nd generation fuel cell vehicles and hydrogen station, thus pushing the technology further from the 1st generation technologies that were developed and tested in the previous projects in Denmark.

In late 2009 the last round of funding for the demonstration of the 2nd generation technology was secured, also from the Danish EUDP program, totalling the public support to €1,9 million out of a total budget of €5 million, with the remainder provided by companies and vehicle end-users.

In the LINK2009 project a 700 bar hydrogen refueling station will be established in the city of Holstebro in West Denmark, by year end 2010/2011. Already two hydrogen stations are operated in the city for supply of hydrogen to various non-road fuel cell vehicles. The new 700 bar station will be owned and operated by the local energy company Vestforsyning and hydrogen will be supplied from the existing central electrolysis production plant that the company established in early 2008.

The Municipality of Holstebro will receive three fuel cell vehicles as part of the LINK2009 project and will use these for daily transportation purposes within the municipality departments. The Danish company H2 Logic will provide fuel cell systems for the vehicles and construct the 700 bar hydrogen station.

Besides being part of the Hydrogen Link Denmark network and contributing to the efforts of the Scandinavian Hydrogen Highway Partnership, the LINK2009 is also a continuation of the public private partnership model that was introduced in previous hydrogen projects in Denmark.

The two main actors in the LINK2009 project, the Municipality of Holstebro and the energy company Vestforsyning, have joined forces in creating the local initiative Climate Circles.

The purpose of Climate Circle is to ensure, coordinate and expand cooperation within the business area of renewable energy in the greater Holstebro area in West Denmark.

The motivations for Climate Circle and partners to support and catalyze the LINK2009 project are clear: “If we are to move away from fossil fuels in the long term, we have to invest now in developing the alternative solutions. The planned opening of an additional hydrogen station in Holstebro and further fuel cell vehicles shows that the Holstebro area is on the forefront. We don’t expect to become the a centre of gravity for future fuel supply worldwide, instead the potential to produce fuels for transport locally whilst also ensuring business potentials on zero emission transport technologies are sufficient motivation for us” states manager of Climate Circle John Sohn.

November 27, 2009 - 7:37 AM No Comments

DOE Revises Fuel Cell Cost and Technical Targets for Combined Heat and Power and Auxiliary Power

The Department of Energy (DOE) has revised technical and cost targets for fuel cells used in combined heat and power and auxiliary power applications. Revisions are based on results of a recently issued Request for Information (RFI) on proposed targets.

DOE received RFI responses from 18 entities, including a variety of industrial and government laboratory representatives. Based on these responses, DOE revised a set of targets.

Final targets will be published in the next revision of the Fuel Cell Technologies Program Multi-Year Research, Development and Demonstration Plan due to be released in 2010.

November 27, 2009 - 7:00 AM No Comments

Ceramic Fuel Cells Appoints Neco to Sell BlueGen Gas-to-Electricity Units

Ceramic Fuel Cells Limited [AIM/ASX: CFU], a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, has appointed Neco, Australia’s leading green retailer, to distribute the company’s BlueGen power and heating units in Australia.

The non-exclusive agreement gives Neco the right to market, sell, install and service BlueGen units throughout Australia.

The BlueGen units, which convert gas to electricity via ceramic fuel cells, will be available for installation in Australian homes and buildings early next year.

BlueGen is the latest breakthrough in small scale electricity generation. Each BlueGen unit, about the size of a dishwasher, can produce up to 17,000 kilowatt hours of power a year – twice the electricity needed to power an average Australian home. Surplus electricity can be sold back to the grid.

BlueGen units can generate electricity at up to double the efficiency of the current power grid, providing significant cost savings off energy bills.

Neco is currently preparing a range of purchase options that will allow customers to achieve attractive financial paybacks whilst drastically cutting their greenhouse gas emissions.

BlueGen units can cut carbon emissions by up to two-thirds compared to coal-derived electricity. The first BlueGen units will be used for demonstration programs and showcase sites. Installation in residential and commercial buildings will begin from March 2010, when Bluegen units will also be available in Europe.

Neco is Australia’s largest retail and online eco store, selling more than 3,500 products that support sustainable living practices, including solar PV and solar hot water products. Neco provides end-to-end services in green markets, including product installation and after-sales service.

“Ceramic Fuel Cells sees Neco as an ideal local partner to market, sell, install and service our BlueGen units,” said Ceramic Fuel Cells Managing Director Brendan Dow. “Neco is focussed on retailing green products to passionate green consumers and has vast experience in the eco product space. They have undertaken significant research on the market’s appetite for the BlueGen product, and are very excited about adding BlueGen to their product list.”

Neco CEO Julian Smith added ”Neco is excited about this appointment and the difference BlueGen will make to reducing carbon emissions through producing much cleaner electricity, and allowing businesses and individuals to actively move to new energy production frontiers that hand them control and ultimately save them piles of money.”

About Ceramic Fuel Cells Limited

Ceramic Fuel Cells Limited is a world leader in developing solid oxide fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. The company is developing micro combined heat and power and distributed generation units that generate electricity and heat for homes and other buildings. Ceramic Fuel Cells is developing products with leading appliance partners and utility customers in Germany, France, the United Kingdom and Japan. In May 2009 the company launched its BlueGen gas-to-electricity product.

Headquartered in Melbourne, and with operations in the UK and Germany, Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au

November 27, 2009 - 6:53 AM No Comments