FuelCell Energy in Danbury Hits Clean Power Milestone

DANBURY, CT — Local alternative energy manufacturer FuelCell Energy has announced it has reached a clean power generation milestone with a total of more than 9 million megawatt hours having been generated by its SureSource™ fuel cell power plants globally since the first commercial installation.

SureSource™ fuel cells are a clean energy solution for the need for baseload power, as power is made continuously, contrasting with the intermittent power sources of wind and solar. FuelCell’s SureSource™ plants are currently installed and operating on three continents.

"We are proud of the progress we’ve made developing cleaner and more energy efficient electrical power solutions, answering the needs for both utility scale and behind-the-meter applications," said Interim President & Chief Commercial Officer Jennifer Arasimowicz in a release. "Our fuel cell solutions provide distinct advantages over other forms of distributed power generation, providing clean baseload power in various configurations, and effective solutions for applications such as microgrids and systems operating on biogas."

Last month, FuelCell settled an arbitration case with POSCO, the largest private energy producer in South Korea, for an undisclosed amount. Also in July, the company issued a warning through a Form 8-K about its liquidity position, saying it has "significant short-term debt and other obligations currently due or maturing in less than one year which are in excess of the company's cash and current asset balance."