Jim Twedt, President and CEO of Hydra, said, This is a demonstration of our very robust beta fuel cell system which we expect to replace with a production model sometime in early 2008. The system contains some upgrades from the previously installed Texas beta system. The production models will be smaller, significantly more efficient and include the ammonia-to-hydrogen fuel system being developed by American Hydrogen Corp. That fueling system is scheduled for delivery in about 60 days and will deliver hydrogen at a price that we expect will make the electricity generated by HydraStax fuel cells much less expensive than the electricity purchased from the grid.
Twedt also noted that there will be a number of international real estate developers who have expressed strong interest in alternative energies in attendance when the Miami system is activated.
ARSC is a holding company developing clean energy technologies. Its Hydra Fuel Cell Corp. subsidiary is developing high volume, mass producible hydrogen fuel cells.
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