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Bullboard - Stock Discussion Forum Fuelcell Energy Inc FCEL

FuelCell Energy, Inc. is engaged in delivering environmentally responsible distributed baseload energy platform solutions through its fuel cell technology. The Company is a global manufacturer of stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. Its commercial technology produces electricity, heat, hydrogen, and water while separating carbon for... see more

NDAQ:FCEL - Post Discussion

Fuelcell Energy Inc > University of Connecticut: FCEL contract LM090121-1
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Post by 3.1417 on Nov 02, 2023 3:32pm

University of Connecticut: FCEL contract LM090121-1

New Approval Amount $6,500,000
Term 03/01/24-02/28/32
Fund Source: Operating Funds

Installation of fuel cells are a integral component of the University goal for carbon neutrality by 2030. Selection of Hydrogen capable future equipment is necessary to meet the electrical demand on campus and improve our greenhouse gas emissions profile.

The fuel cells are to service the Innovative Partnership Building which will generate electrical and thermal energy to be consumed at the installation site.

The University will purchase the electricity and (if/when applicable) thermal energy generation form the fuel cell through the execution of a Energy Purchase agreement with the provider. This award is the result of a publicly advertised solicitation.
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