Market Overview

FuelCell Announces Sale of 14.9MW Fuel Cell Park in Bridgeport

Related FCEL
Great Things May Be Coming At Plug Power...But It Better Happen Soon
5 Utilities Stocks With The Highest EPS Growth Forecast For Next 5 Years
Making Money With Charles Payne: 10/08/14 (Fox Business)

FuelCell Energy, Inc. (Nasdaq: FCEL) a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today announced that it is providing a turn-key distributed power generation solution for the engineering, procurement and construction of a 14.9 megawatt (MW) fuel cell park in Bridgeport, Connecticut that includes the manufacture and sale of five 2.8 megawatt DFC3000® fuel cell power plants. Dominion, one of the nation's largest producers and transporters of electricity, will oversee the development and owns the facility. The Connecticut Light and Power Company (CL&P) will buy the ultra-clean electricity generated by the facility under a 15 year fixed price energy purchase agreement. This 14.9 MW installation, consisting of the five fuel cell power plants and an organic rankine cycle turbine for added output and further efficiency gains, is adequate to power approximately 15,000 average size U.S. homes.

Posted-In: News


Related Articles (FCEL)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional