FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation.

One of the most space-efficient clean energy technologies qualified under the CES, this project, along with the other two FIT IV projects that are nearing this same stage of development, demonstrate the many benefits of integrating clean and predictable fuel cells into New York’s energy mix.”The other two selected projects have made substantial progress completing the prerequisite items leading to PPA execution. FuelCell Energy (NASDAQ: FCEL) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy.

FuelCell Energy is facing a number of major debt deadlines towards the end of this month, particularly the requirement to secure refinancing for a large project could prove difficult.

FuelCell Energy Subsidiary Executes Power Purchase Agreement For Long Island 7.4 MW Fuel Cell Project The solicitation sought NY CES qualified fuel cell resources from one megawatt to under 10 megawatts in nine designated electrical distribution development areas and up to 20 megawatts at the transmission level at 10 key substation locations across Long Island.

These projects include:The Company has been diligently working to complete development of these landmark projects, and currently plans to commence construction in 2019.

The Yaphank 7.4 megawatt project is one of three projects totaling 39.8 megawatts awarded to FuelCell Energy as part of the FIT IV competitive bid process.The power from the Yaphank project will be sold under a 20-year power purchase agreement. We design, manufacture, undertake project development, install, operate and maintain megawatt-scale fuel cell systems, serving utilities, industrial and large municipal power users with solutions that include both utility-scale and on-site power generation, carbon capture, local hydrogen production for transportation and industry, and long duration energy storage. FuelCell Energy expects to complete the remaining items in the near term, allowing FuelCell Energy to execute PPAs for the remaining 32.4 megawatts of projects. In 2015, Bloom Energy announced a partnership with Constellation, a subsidiary of Exelon , in which the two companies would develop 40 MW of fuel cell projects for … FuelCell Energy Shares Surge, Pull Back After Clean-Power Firm Sets California Biogas Project.

FuelCell Energy’s wholly-owned special purpose project entity, Yaphank Fuel Cell Park, LLC, will own, operate and maintain the fuel cell power plants, which are being installed by FuelCell Energy. ... South Korea, England, and Germany. FuelCell Energy continues to work cooperatively with the Town of Brookhaven, the landowners, local agencies and the interconnection review teams at New York Independent System Operator (“NYISO”) and PSEG Long Island. President, Chief Executive Officer & Director, FuelCell Energy, Inc. FuelCell Energy delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. Development activities up to this point have included environmental reviews, electrical interconnection studies, and permitting activities under the NY SEQRA process, and design engineering and planning.

The Yaphank 7.4 megawatt project is one of three projects totaling 39.8 megawatts awarded to FuelCell Energy as part of the FIT IV competitive bid process.The power from the Yaphank project will be sold under a 20-year power purchase agreement. FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. FuelCell Energy Subsidiary Executes Power Purchase Agreement For Long Island 7.4 MW Fuel Cell Project Email Print Friendly Share December 20, 2018 08:00 ET | Source: FuelCell Energy, Inc.

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