Fuelcell energy inc fcel Denmark

What is FuelCell Energy?

FuelCell Energy, Inc. is a publicly traded fuel cell company headquartered in Danbury, Connecticut. It designs, manufactures, operates and services Direct Fuel Cell power plants, which is a type of molten carbonate fuel cell.

When did FuelCell Energy become a company?

From the 1970s to 1990s, with sponsorship from U.S. military and other utility companies, the company extended to low-temperature fuel cell area and high-temperature carbonate fuel systems, which proved to have greater potential in commercial applications. It completed its IPO in 1992 and was renamed as FuelCell Energy, Inc.

What is a fuel cell solution?

Our fuel cell solution is a clean, efficient alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines.

What is FuelCell Energy doing to help the nuclear industry?

In 2018, FuelCell Energy earned a $1.5 million research grant from the U.S. Department of Energy (DOE) to develop the company’s fuel cell technology to aid the nuclear industry by converting excess power back into hydrogen.

What happened to FuelCell?

In November 2018, FuelCell acquired a 14.9-MW fuel cell project in Bridgeport, Connecticut from Dominion Energy for $37 million. FuelCell had developed, built and been operating the plant since 2013.

Where is FuelCell Energy headquartered?

The company primarily operates in the United States, South Korea, and Europe. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut. Trailing total returns as of 11/4/2024, which may include dividends or other distributions. Benchmark is