Tag: FuelCell Energy

FuelCell signs agreement with POSCO Energy

FuelCell Energy, Inc. has announced the execution of a series of strategic initiatives with its South Korean partner, POSCO Energy, to expand the market for stationary fuel cell power plants in Asia The agreement includes a license agreement for POSCO Energy to manufacture Direct FuelCell® (DFC®) power plants in South Korea and sell throughout Asia.

POSCO receives largest order in the fuel cell indu

POSCO Energy has received an order for 121.8 megawatts of fuel cell kits and services to be manufactured at the FuelCell Energy production facility in Torrington, Connecticut. The estimated value of the multi-year contract is approximately $181 million.

FuelCell Energy awarded contract by U.S. Navy

FuelCell Energy, Inc. announced a USD 3.8 million contract award from the U.S. Navy to develop and test a Hybrid Solid Oxide Fuel Cell (SOFC)-Battery power system for large displacement undersea vehicle propulsion. The objective of the project is to develop a refuelable power system, with high energy density, that is suitable for