FuelCell Energy Details Microgrid Performance Successes
FuelCell Energy, Inc. (FCEL)
Last fuelcell energy, inc. earnings: 3/16 07:00 am
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Source: GlobeNewswire
DANBURY, Conn., Jan. 14, 2020 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions, is releasing details on the successful performance of its SureSource™ fuel cells in providing microgrid solutions. Microgrids have become a priority in the Northeast US and in California following extended power outages due to weather events and most recently with wildfire threats in California. The need for microgrids to improve grid reliability will continue to grow in its importance to deliver the benefits of always-on power. California utility regulators recently mandated Public Service Power Shutoffs (“PSPS”) in an effort to avert wildfires being sparked by transmission lines and/or transmission distribution equipment. Millions of Californians have lost power as a result of PSPS, leading to economic loss, hardship, and even more serious consequences for those reliant on electricity for healthcare treatment,
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- 3/8/24 - Canaccord Genuity
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