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(The Woodlands, TX - January 18, 2002) The Houston Advanced Research Center (HARC) and Sieco S.A., of Buenos Aires, Argentina, have signed a cooperative agreement encouraging the two parties to work together to develop projects that promote new technologies related to fuel cells, power generation and energy storage in South America.

(From left) HARC President Todd Mitchell and Director of Development Pete Parsons welcome Sieco's Eduardo Browne to the HARC campus.
"Both HARC and Sieco possess unique capabilities," said Todd Mitchell, HARC president. "This agreement allows each party to tap into the other's expertise and resources to design large-scale power utility infrastructure projects. We are especially interested in determining how practical it is to produce power systems that utilize hydrogen for later use as fuel to generate electricity. If so, countries with large hydroelectric power infrastructures, such as Brazil and Argentina, could benefit enormously."
Eduardo Browne, Director of Business Development at Sieco, added, "We are committed to and excited about creating with HARC a bilateral gateway to deploy fuel cell technology in Latin America. We intend to lead the development of a commercial market in the region and will seek partnerships with organizations having expertise in the manufacture, deployment, support, execution, marketing and commercialization of large-scale fuel cell based systems."
Created in 1982, the Houston Advanced Research Center (HARC) is a not-for-profit organization that promotes sustainable development through research programs in energy, life sciences and the environment.
Founded in 1987, Sieco is a provider of energy solutions, equipment and services to the Mercosur Region of South America. Sieco S.A is a partner of UTC Fuel Cells (formerly International Fuel Cells) in South America and has deployed, operated and supported several fuel cell power plants in Brazil.
For more information, contact:
Barbara Peyton, HARC, 281-363-7908 or bpeyton@harc.edu
Eduardo Browne, Sieco, 845-893-5152, EduardoBrowne@msn.com
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| Page Updated/Reviewed: 01/18/2002 |
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