FuelCell Energy is a global leader in fuel cell solutions for the affordable non-combustion based supply of base-load energy. The company was focused on conducting research to commercialize fuel cell technology as well as advanced batteries research.
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FuelCell Energy, a Connecticut-based fuel cell manufacturer, develops and sells MCFC fuel cells. DANBURY, Conn., March 25, 2020 (GLOBE NEWSWIRE) -- A photo accompanying this announcement is available at “We continue to be very pleased with the performance of the 20 megawatt fuel cell park,” said Jason Few, President and Chief Executive Officer, FuelCell Energy, Inc. “We continue to consistently exceed the power and heat output requirements of the contract since the commercial operation date, having produced electrical output in excess of our contractual requirements by approximately 16%, equal to about two months of added output. The company says that their MCFC products range from 300 kW to 2.8 MW systems that achieve 47% electrical efficiency and can utilize CHP technology to obtain higher overall efficiencies. This FuelCell Energy developed project demonstrates the reliability and value our platforms deliver around the world.”Korea Southern Power Company, a wholly owned subsidiary of Korea Electric Power Company (KEPCO), operates 9.1 gigawatts of gas and coal-fired power plants, supplying electricity to commercial and residential customers in South Korea. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
It designs, manufactures, operates and services Direct Fuel Cell power plants (a type of molten carbonate fuel cell) that run on natural gas and biogas.As the biggest publicly traded fuel cell manufacturer in the U.S., the company operates over 50 plants all over the world. FuelCell finds itself smack dab in the middle of that space, with over 59 clean-energy HFC power plants across three continents. FuelCell Energy traces its roots back to 1969 with the founding of the Energy Research Corporation. To continue, please click the box below to let us know you're not a robot.Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. In the 1970s, … High population density with limited land requires highly efficient, quiet, and affordable power that can be located near population centers where the power is used. Its products include suresource 1500, suresource 3000, … For more information you can review our For inquiries related to this message please This platform, and its combined heat and power ('CHP') application, illuminates one of the differentiating capabilities of our carbonate fuel cell technology, solving for utility scale clean power and district heating and cooling needs of the South Korean market. Source:
KOSPO also undertakes power plant development engineering in Asia, the Middle East and South America.Fuel cells are extremely capable of addressing the energy, environmental and economic goals of South Korea. FuelCell Energy, Inc. engages in the provision of fuel cell power plant production and research. (PNG - 374 x 800)
This includes a 6.5 megawatt plant at Pfizer ‘s (NYSE: PFE ) … The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any such statement is based. Factors that could cause such a difference include, without limitation, changes to projected deliveries and order flow, changes to production rate and product costs, general risks associated with product development, manufacturing, changes in the regulatory environment, customer strategies, ability to access certain markets, unanticipated manufacturing issues that impact power plant performance, changes in critical accounting policies, access to and ability to raise capital and attract financing, potential volatility of energy prices, rapid technological change, competition, the Company’s ability to successfully implement its new business strategies and achieve its goals, the Company’s ability to achieve its sales plans and cost reduction targets, and the current implications of the novel coronavirus (Covid-19), as well as other risks set forth in the Company’s filings with the Securities and Exchange Commission.
With high availability and capacity factors, the SureSource platforms make meaningful contributions to Renewable Portfolio Standard targets.This news release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements with respect to the Company’s anticipated financial results and statements regarding the Company’s plans and expectations regarding the continuing development, commercialization and financing of its fuel cell technology and its business plans and strategies. FuelCell Energy (NASDAQ: FCEL) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. In 1999, the battery efforts were spun off as a separate company and Energy Research Corporation renamed itself FuelCell Energy.
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