AEG Power Solutions Delivers High Efficient Rectifiers for E.ON’s Power-to-Gas Pilot Plant in Falkenhagen

  AEG Power Solutions Delivers High Efficient Rectifiers for E.ON’s
  Power-to-Gas Pilot Plant in Falkenhagen

  *AEG Power Solutions selected for new power-to-gas pilot project operated
    by renowned power and gas company.
  *The development of AEG PS expertise in this field positions the group as a
    technological leader in the power supply of energy storage applications.

Business Wire

WARSTEIN-BELECKE, Germany -- December 11, 2012

Energy technology and power electronics specialist AEG Power Solutions (AEG
PS) today announced that it has been chosen by Hydrogenics, Belgium, due to
its technology leadership in power supply solutions, to provide its high
efficient rectifiers for the E.ON power-to-gas pilot plant. Hydrogenics, as
the general contractor, provides all components for the site including
installation, connection and maintenance service for a 5-year-period.

Hydrogenics electrolysis system integrating AEG Power Solutions rectifiers
(Photo: Business Wire)

Hydrogenics electrolysis system integrating AEG Power Solutions rectifiers
(Photo: Business Wire)

The 2 MW power-to-gas pilot plant is being constructed by E.ON in Falkenhagen
in the north-eastern part of Germany and is part of a wind power generation

In this plant any surplus power generated by wind will be converted into pure
hydrogen via electrolysis process. The hydrogen is then fed directly into a
nearby natural gas pipeline, as German gas grid can contain up to 3% hydrogen.
Up to 360 m^3 per hour of hydrogen can now be fed directly into the gas grid
with the hydrogen serving as a green energy storage solution. This enables a
flexible adaptation to actual energy demand and avoids losing surplus energy.
Currently, windmills still have to be turned off when there is an oversupply
of energy.

For this innovative project, AEG PS supplied customized high efficient
rectifier units to Hydrogenics. Together with the electrolyzer and further
important components, the rectifiers were mounted in special containers and
tested at the Hydrogenics site in Belgium. The complete plant should be
operational in Q 3 2013.

”We have chosen the rectifiers from AEG PS as they comply ideally with the
grid connection requirements. Moreover, the AEG PS systems provide premium
technology which is reflected by their high energy efficiency, lowest
harmonics and highest availability,” states Ruben Daneels, Electrical Designer
at Hydrogenics.

”We are very proud that both the general contractor and the operator of this
prestigious power-to-gas project rely on our expertise and competence in power
management and energy storage. All customer-specific requirements have been
implemented promptly by our engineering team in Warstein-Belecke, so that we
could ship all systems in time,” explains Gladwyn De Vidts, Chief Strategy
Officer at AEG Power Solutions. “Energy storage is one of the key challenges
of renewable energy. Hydrogen as a storage solution is one of the most
promising paths currently being explored. We’ve been a key part in several
Power-to-Gas installations and have now developed an expertise in a new market
and in a technology which is very likely going to develop quickly. It’s an
important strategic step.” adds Gladwyn De Vidts


About AEG Power Solutions
AEG Power Solutions (AEG PS) Group is a global provider of power electronics
systems and solutions for all industrial power requirements offering one of
the most comprehensive product and service portfolios in the area of power
conversion and power control. Two complementary operating business segments,
Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) serve
customers worldwide. The RES product and service portfolio consists of systems
and solutions for solar power plants, such as solar inverters, monitoring and
control systems as well as power controllers for a wide range of industrial
applications such as polysilicon, energy storage, sapphire and glass. The EES
product and service portfolio includes high-performance uninterruptable power
supplies (UPSs), industrial chargers, DC systems and converters.

Thanks to its distinctive expertise bridging both AC and DC power technologies
and spanning the worlds of both conventional and renewable energy, the company
creates innovative solutions for smart grids.

AEG PS’ global footprint includes 17 subsidiaries and competence centers
around the world with 1,600 employees.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W
Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01), based in Luxembourg. The Group is
headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are
admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).

For more information, visit

This communication does not constitute an offer or the solicitation of an
offer to buy, sell or exchange any securities of 3W Power. This communication
contains forward-looking statements which include, inter alia, statements
expressing our expectations, intentions, projections, estimates, and
assumptions. These forward-looking statements are based on the reasonable
evaluation and opinion of the management but are subject to risks and
uncertainties which are beyond the control of 3W Power and, as a general rule,
difficult to predict. The management and the company cannot and do not, under
any circumstances, guarantee future results or performance of 3W Power and the
actual results of 3W Power may materially differ from the information
expressed or implied in the forward-looking statements. As a result, investors
are cautioned against relying on the forward-looking statements contained
herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.

AEG is a registered trademark used under license from AB Electrolux

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Press contact:
Ute von Cranach
Marketing Communications RES
AEG Power Solutions
Tel: +49 2902 763 256
Mobile:+49 170 574 9094
Claire Pairault
Corporate Communications
AEG Power Solutions
Tel.: +331 555511076
Mobile: +33 6 19609164
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