Fuel cell system activities concentrated

  • Date
    15 July 2003
  • Description
    MTU Friedrichshafen GmbH and RWE Fuel Cells GmbH, Essen, sign a joint venture agreement to advance their fuel cell activities jointly in future. The company is named MTU CFC Solutions GmbH. Its purpose is to effect the broad-based market introduction of carbonate fuel cell systems and to give the company a leading market position in the area of high-temperature fuel cells. RWE Fuel Cells takes a 25.1 % stake in MTU CFC Solutions GmbH, a legally independent company, previously a wholly-owned subsidiary of MTU Friedrichshafen.