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Hydrogen / Fuel Cell Stock News Bites: FuelCell Energy (NASDAQ: $FCEL) - Triangle Street Project Begins Commercial Operation; SureSource 4000 High Efficiency Fuel Cell

 

DANBURY, Conn. - April 24, 2020 (Investorideas.com Newswire) Hydrogen / Fuel Cell Stock News Bites - FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in fuel cell technology-with a purpose to utilize its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy-announced the start of commercial operation of its multi-megawatt SureSource™ 4000 fuel cell project located at Triangle Street in the city of Danbury, Connecticut, further expanding the Company's power generation portfolio.

Key highlights include:

The power plant is the Company's first deployment of the SureSource 4000™ high electrical efficiency platform designed to extract more electrical power from each unit of fuel with electrical efficiency of approximately 60 percent.

The SureSource 4000 targets applications with large load requirements and limited thermal needs, such as utility/grid support or data centers.

The project will provide increased power reliability, grid resiliency, and economic development for the state of Connecticut without harmful NOx, SOx and particulates that are generated by combustion based technology.

The project will generate Connecticut Class I renewable energy delivered to the local distribution electrical grid.

SureSource 4000 is an innovative solution for the utility industry, delivering high efficiency, distributed power generation where needed, through a scalable and affordable configuration that generates renewable energy credits and qualifies for investment tax credits.

The plant is designed to deliver 60 percent electrical efficiency - a performance level comparable to large-scale gas turbines but cleaner, and since it generates power near end users, it does not incur the transmission losses typical of larger, central generation plants. It also does not emit harmful emissions such as NOx, SOx, and particulates that large combustion turbines emit. The SureSource 4000 power plant, generates enough power for approximately 3,700 average sized homes, and requires only about 10,000 square feet, or less than ¼ of an acre.

Read the company's full news and disclaimer here:

https://investor.fce.com/press-releases/press-release-details/2020/Triangle-Street-Project-Begins-Commercial-Operation-SureSource-4000-High-Efficiency-Fuel-Cell/default.aspx

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