Stirling DK has moved to new facilities in Lyngby, Denmark. The increased level of activity and new hiring has neccesitated larger facilities for assembling engines and for office space.

The new facilities are located in connection to the Technical University of Denmark and consist of approx. 100 m2 office space and approx. 300 m2 work shop and assembly area.

The assembly area includes a clean room for assembly of the critical mechanisms in the hermetically sealed engine. This ensures a dirt free environment whith is critical for the long service interval of the engines.

August 21st 2006

As of 21st August 2006, Lars Jagd has been hired as new CEO for Stirling Danmark ApS. He has both a technical and an economical background and has worked with energy technology for almost 15 years.

Lars Jagd will be working closely together with professor Henrik Carlsen, developer of the stirling engine technology. Henrik Carlsen is now a major shareholder of Stirling Danmark ApS and will still be responsible for the overall technical development of the stirling engines.

Capital from EGJ Development Ltd., SEED Capital and Vaekstfonden is to bring Stirling Denmarks engines – and thereby environmentally friendly energy – the final way to the World market. The technology is developed at the Technical University of Denmark and will deliver CO2 neutral electricity and heat.

Three investors now provide capital to the company Stirling Denmark that develops, produces, and sells CO2 neutral combined heat and power plants based on Stirling engines fired with biomass in the form of wood chips and wood pellets.

- The technology works, the sales are moving and the company has a unique position on the World market, where no other technology is capable of delivering small combined heat and power units for biofuels for this segment. This looks to be a breakthrough for a CO2 neutral technology suitable for electricity generation, says board member of Stirling Denmark, Søren Houmøller, Director for EGJ Development Ltd.

EGJ Development Ltd. is one of the three investors and provides capital together with SEED Capital and         Vaekstfonden. Besides the provision of equity from these investors, Stirling Denmarks receives research and development funding from Energinet.dk.

Professor Henrik Carlsen from the Technical University of Denmark (DTU) has lead the research and development since it started more than 10 years ago.

Professor Carlsen, who formed the company together with DTU Innovation, continues as professor at DTU and will be associated with the company as responsible for the future development of the technology. A commercial CEO will be employed as soon as possible in the company, which aims for a turnover of approx. 20 mill. € in 5 years.

The board of directors will be Søren Houmøller, Director, EGJ Development Ltd., Peter Tøttrup, partner, SEED Capital, and Henrik Carlsen, Stirling Denmark.

A Stirling engine can be compared to an ordinary combustion engine with the difference that the combustion does not take place within the cylinder, but in an externally heated combustion chamber.

The heat is then transferred to the cylinder through a heat exchanger. Due to the internal combustion, a regular combustion engine requires a very clean fuel like gas, petrol or diesel, while a Stirling engine with external combustion is capable of handling difficult fuels like wood chips.

Press Release