Press Releases
Clean Power Technologies Inc:
40% Fuel Efficiency Observed In
Positive Test Results
24 January 2008
Calgary, Alberta, Jan 24, 2008 (M2 PRESSWIRE via COMTEX News Network) --
Clean Power Technologies Inc (OTC BB:CPWE), (Frankfurt, XETRA:C1L), ("Clean Power" or the "Company") developer of a unique heat recovery and hybrid power system to reduce vehicle emissions, is pleased to announce that, in initial test results, the Company's proprietary technology has successfully achieved a 40% reduction in vehicle fuel consumption.
Abdul Mitha, President and CEO of Clean Power, commented: "These results are a major achievement. We set high expectations that we would be able to achieve reductions of up to 40%, so to reach the top of this range is especially pleasing. In many ways, the Company had embarked on a plan what was described by many as ambitious' but our faith in the principle of gasoline and hybrid technology had never wavered. These results have now validated the theoretical calculations and analysis on the system by the technology's inventor, Fred Bayley, Professor Emeritus of the University of Sussex, and are particularly encouraging as we look to commercialise our hybrid vehicle technology."
The test program using the system including the generic model of an accumulator, supplied by Clean Power's collaborative partner Doosan Babcock (previously Mitsui Babcock), has generated data from almost 5 million readings of fluid flows, temperatures and pressures and has fully demonstrated operation in the so-called joint mode' in which the main combustion engine runs in parallel with the auxiliary engine and, in the CESAR system thereby providing the anticipated reduction in fuel consumption. This energy storage component of the Company's CESAR (Clean Energy Separation And Recovery) system, has been running in parallel with a Caterpillar C18 diesel engine within Clean Power's test facility in Newhaven, East Sussex, which was installed in May 2007. This stage of testing commenced in mid-October 2007. Clean Power is now re-designing the second generation of the steam accumulator which will be lighter and more efficient.
The CESAR system is designed to increase vehicle fuel economy and reduce emissions by capturing, storing and reusing otherwise wasted heat from the exhaust of a conventional combustion engine. A heat exchanger captures waste energy, which is then stored in the form of steam in an accumulator, enabling a vapour engine to use the steam on demand. Once the combustion engine is shut down, vehicle power can be produced solely by the auxiliary vapour engine. The CESAR process will provide all the auxiliary power requirements (e.g. refrigeration and air conditioning) of light cars and trucks, with further potential for application in locomotive and marine applications.
Abdul Mitha, President and CEO of Clean Power, added: "Combustion engine and steam hybrid technology offers huge potential for green transport and our technology will be able to be adopted by vehicle manufacturers cost-effectively without any government subsidy support or need for new delivery or transporation systems. Our technology is unique, effective and elegant in its simplicity and I am extremely proud of what our dedicated team has achieved."
ABOUT CLEAN POWER
Clean Power Technologies is committed to developing hybrid fuel technology and alternative fuel for a range of vehicles, including locomotives, heavy trucks and light cars. The Company's proprietary technology significantly reduces pollution through its Clean Energy Separation And Recovery (CESAR) system, which takes otherwise wasted heat from the exhaust of a conventional combustion engine and modifies it through a heat recovery system to generate clean power for the vehicle.
The Company boasts a highly experienced engineering team, whose vision and technical capabilities are driving the development and implementation of this unique hybrid fuel technology.
Clean Power Technologies operates out of its development facility in East Sussex. In 2006, testing began on a Mazda RX8 engine with testing on a second identical engine commencing later that year. Results to date have been very positive, and it is anticipated that, following the successful completion of these tests, the hybrid vehicle will be road-tested. In June 2007 testing also began on a Caterpillar C18 diesel engine for ultimate applications within the industrial vehicle and truck industries. The company is also simultaneously developing a refrigeration system based on CESAR for refrigeration truck and trailers.
The Company listed on XETRA on the Frankfurt Stock Exchange in October 2006, and is also traded on the OTC BB in the US. Clean Power Technologies has a market capitalisation of US$55 million.
Contact:
Clean Power Technologies Inc.
Corporate Inquiries:
Abdul A. Mitha, President/CEO
Tel: +1 (403) 277-2944
Tel: +44 (0)782 436 5198
mithaa@shaw.ca
www.cleanpowertech.co.uk
Media enquiries:
Abchurch Communications
Justin Heath / Gareth Mead / Monique Tsang
Tel: +44 (0) 20 7398-7700
gareth.mead@abchurch-group.com
www.abchurch-group.com