Originally published December 3 2005
Fuel cell company continues to receive orders for its effective technology
by Mike Adams, the Health Ranger, NaturalNews Editor
A newly-placed order for fuel cells from European partner MTU CFC Solutions GmbH is pushing FuelCell Energy Inc., based in Connecticut, to the top of the industry.
FuelCell Energy Inc. of Danbury, Conn., continues to land deals for its high- efficiency commercial power plant fuel cells overseas.
On the heels of a new partnership with one of Korea's six electric utilities, the company has received a new order for six fuel cell stacks from its European partner MTU CFC Solutions GmbH, a subsidiary of DaimlerChrysler AG.
FuelCell Energy will deliver the additional 1.5 megawatts of stacks, consisting of six 250 kilowatt units, in 2006.
Financial terms of the sale were not disclosed.
MTU, which in previous years purchased a total of 2.75 megawatts of fuel cell stacks, incorporates FuelCell Energy's technology in the HotModule segment of plant design it manufactures for the European market.
To date, MTU has installed over a dozen such power plants based on FuelCell Energy's systems for applications such as manufacturing, wastewater treatment, telecommunications, universities, hospitals and electric utilities.
Customers for MTU's HotModule power plant design will be announced at a later date, according to a company official.
FuelCell Energy's stock opened the day at $8.86, up 24 cents from yesterday's close.
All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing LLC takes sole responsibility for all content. Truth Publishing sells no hard products and earns no money from the recommendation of products. NaturalNews.com is presented for educational and commentary purposes only and should not be construed as professional advice from any licensed practitioner. Truth Publishing assumes no responsibility for the use or misuse of this material. For the full terms of usage of this material, visit www.NaturalNews.com/terms.shtml