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Fuelcell Energy Inc FCEL

FuelCell Energy, Inc. is engaged in delivering distributed baseload energy platform solutions through its proprietary fuel cell technology. It develops commercial technologies that produce clean electricity, heat, clean hydrogen, and water. Its commercial product portfolio is based on its carbonate electrochemical platform. Its carbonate electrochemical platform supports power generation and combined heat and power applications using a variety of fuels, including a 50/50 blend of hydrogen and natural gas or biogas blends, biogas, renewable natural gas, and natural gas. It offers its products in different configurations for a range of power and chemical applications, including electricity, hydrogen, heat (including steam), water and carbon-di-oxide (CO2) upgradable to food and beverage grade and/or usable in cement or other industrial products, and to concentrate and separate CO2 from fossil-fueled industrial applications allowing the sequestration and/or utilization of the CO2.


NDAQ:FCEL - Post by User

Post by 3.1417on Nov 02, 2023 3:32pm
125 Views
Post# 35714336

University of Connecticut: FCEL contract LM090121-1

University of Connecticut: FCEL contract LM090121-1New 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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