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FCEL FuelCell Energy Inc

0.9043
0.0508 (5.95%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
FuelCell Energy Inc NASDAQ:FCEL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0508 5.95% 0.9043 0.85 0.9237 0.92375 0.87 0.8883 51,805,808 05:00:11

Photo Release-U.S. Senator Blumenthal Expresses Industry Support in Visit to FuelCell Energy

21/02/2018 10:28pm

GlobeNewswire Inc.


FuelCell Energy (NASDAQ:FCEL)
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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 a recent visit by United States Senator Richard Blumenthal to the Company’s North American manufacturing facility in Torrington, CT, where he expressed his continued support for the fuel cell industry which creates jobs, clean energy and freedom from foreign oil. 

Senator Blumenthal and Tony Rauseo, Chief Operating Officer, touring the FuelCell Energy manufacturing facility in Torrington, CT

Senator Blumenthal worked tirelessly to champion the reinstatement of the Investment Tax Credit for the fuel cell industry, to provide parity to foreign manufactured technologies, and to demonstrate support for home-grown American innovation and manufacturing.  The reinstatement of the Investment Tax Credit, beyond its expiration date of December 31, 2016, not only fosters domestic job creation but also aids in improving the environment and enhancing the resiliency of the energy supply.  American fuel cell manufacturing provides efficient, affordable and clean solutions for the supply, recovery and storage of energy.

“The extension of the Investment Tax Credit for fuel cells is a major victory for Connecticut jobs and clean energy,” said Senator Richard Blumenthal. “These incentives will allow companies such as FuelCell Energy to continue innovating and developing clean and efficient energy technology that will have a longstanding impact on both our economy and our environment.”

“We thank Senator Blumenthal for visiting our facility today where we produce clean, efficient, reliable fuel cells that are deployed globally,” said Tony Rauseo, Chief Operating Officer, FuelCell Energy, Inc. “This legislation is a smart investment for America’s economy, environment and energy reliability, which will drive innovation and increase manufacturing.”

SureSource™ power plants solve energy, environmental and business-related power generation challenges by providing ultra-clean, efficient and reliable distributed power generation.  The fuel cells combine a fuel such as renewable biogas, directed biogas or clean natural gas with oxygen from the ambient air to efficiently produce ultra-clean electricity and usable high quality heat via an electrochemical process. Customers benefit with operating cost reductions delivered in a manner that supports sustainability goals and enhances power reliability.  With high availability and capacity factors, fuel cell power plants make meaningful contributions to Renewable Portfolio Standard targets. 

A photo accompanying this release is available at www.globenewswire.com.

About FuelCell EnergyFuelCell Energy, Inc. (NASDAQ:FCEL) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy.  We design, manufacture, undertake project development of, install, operate and maintain megawatt-scale fuel cell systems, serving utilities and 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.  With SureSource™ installations on three continents and millions of megawatt hours of ultra-clean power produced, FuelCell Energy is a global leader in designing, manufacturing, installing, operating and maintaining environmentally responsible fuel cell power solutions.  Visit us online at www.fuelcellenergy.com and follow us on Twitter @FuelCell_Energy.   

SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Recovery, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Service, SureSource Capital, FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc.

Contact:FuelCell Energy203.205.2491ir@fce.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a0cadcb9-2f3d-4ee3-aded-b2d395f2d439

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