FuelCell Energy Awarded Project for Ultra High Efficiency Solid Oxide Systems
FuelCell Energy, Inc. (FCEL)
Last fuelcell energy, inc. earnings: 3/16 07:00 am
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Source: GlobeNewswire
FuelCell Energy is commercializing Solid Oxide technology for power generation, electrolysis and long duration energy storage applicationsProject will advance Solid Oxide stack efficiency in power, electrolysis, and energy storage applications DANBURY, Conn., March 13, 2018 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced that it was awarded $3.1 million from the Advanced Research Projects Agency-Energy (ARPA-E) division of the U.S. Department of Energy (DOE) for its project proposal to advance the commercialization of ultra-high efficiency Solid Oxide Fuel Cell (SOFC) systems. The award is part of ARPA-E’s “Innovative Natural-gas Technologies for Efficiency Gain in Reliable and Affordable Thermochemical Electricity-generation” (INTEGRATE) program. The INTEGRATE program has the objective of developing natural gas fueled distrib
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