FuelCell Energy Announces a New Project with E.ON Connecting Energies
November 10 2016 - 8:30AM
FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the
design, manufacture, construction, operation and service of
ultra‐clean, efficient and reliable fuel cell power plants,
announced on behalf of FuelCell Energy Solutions GmbH, the sale of
a fuel cell power plant to E.ON Connecting Energies GmbH (E.ON) as
part of a collaborative joint business approach that is a
repeatable business model for a broad range of customers and
applications. The highly efficient combined heat and power
fuel cell power plant will be installed in Germany at a commercial
location. This on-site fuel cell installation provides the
power user with secure and clean power. Installation of the power
plant is expected to begin in early 2017 and shall be serviced by
FuelCell Energy Solutions (FCES) under a long term service
agreement.
“This is a global replicable project model with utility
ownership for easy-to-site distributed power generation,” said Chip
Bottone, President and Chief Executive Officer FuelCell Energy,
Inc. and Managing Director, FuelCell Energy Solutions GmbH.
“Customers value the multiple attributes of clean on-site power
generation but most important is that our fuel cell solutions help
our customers reduce their energy costs.”
The fuel cell power plant will be located right next to the
building using the power and heat as the clean and quiet power
generation enables siting fuel cells where the power is used.
The fuel cells will meet more than 80 percent of the power needs of
the facility as well as supporting heating and hot water
needs. Adopting low-carbon and virtually emission-free
on-site fuel cell power generation supports sustainability
initiatives for the project host and continues to position EON as
an environmental leader.
Fuel cells electrochemically convert a fuel source into
electricity and heat in a highly efficient process that emits
virtually no pollutants due to the absence of combustion. The
combination of near-zero pollutants, modest land-use needs, and
quiet operating profile facilitates permitting and enables locating
the power plants in urban locations.
E.ON Connecting Energies GmbH is a business unit of E.ON that
offers integrated energy solutions for commercial and industrial
customers as well as public-sector institutions
internationally.
About FuelCell EnergyDirect FuelCell® power
plants are generating ultra-clean, efficient and reliable power on
three continents, affordably providing continuous distributed power
generation to a variety of industries including utilities,
commercial and municipal customers. The Company’s power
plants have generated billions of kilowatt hours of ultra-clean
power using a wide variety of fuels including renewable biogas from
wastewater treatment and food processing, as well as clean natural
gas. For additional information, please visit
www.fuelcellenergy.com and follow us on Twitter.
Direct FuelCell, DFC, DFC/T, DFC-H2, DFC-ERG and FuelCell Energy
logo are all registered trademarks of FuelCell Energy, Inc.
FuelCell Energy Solutions GmbH
Andreas Froemmel
VP of Business and Commercial Development
+ 49 (351) 25 53 73 90
afroemmel@fces.de
FuelCell Energy, Inc.
Kurt Goddard
Vice President Investor Relations
(+001) 203-830-7494
ir@fce.com
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