Ceramic Fuel Cells Ltd. (CFU) said it appointed Neco to distribute the company's BlueGen power and heating units in Australia. Also, Ceramic Fuel added that the non-exclusive agreement gives Neco the right to market, sell, install and service BlueGen units throughout Australia.
The company stated that 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. Neco is currently preparing a range of purchase options that will allow customers to achieve attractive financial paybacks while drastically cutting their greenhouse gas emissions, the company noted.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.