FuelCell Energy Announces Municipal Application of Affordable and Highly Efficient Fuel Cell Power Generation
October 31 2016 - 8:30AM
FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the
design, manufacture, operation and service of ultra‐clean,
efficient and reliable fuel cell power plants, announced the
execution of a power purchase agreement (PPA) with the City of
Tulare, California to install a 2.8 megawatt combined heat and
power (CHP) Direct FuelCell® (DFC®) power plant at the Tulare Waste
Water Treatment Facility. FuelCell Energy will install,
operate and maintain the power plant, selling power and heat as it
is produced to the City of Tulare. The plant is expected to be
operational by summer 2017.
“We are projecting savings in excess of half a million dollars a
year, benefiting Tulare taxpayers while enhancing the reliability
of power supply from on-site power,” said Joe Carlini, Director
Public Works, City of Tulare. “My team and I particularly
appreciate the clean emission profile of fuel cells as Tulare is
committed to doing our part for the environment while controlling
operating costs.”
“Waste water treatment facilities are an attractive market for
our easy-to-site fuel cell power plants as we help our customers
reduce their operating costs,” said Chip Bottone, Chief Executive
Officer, FuelCell Energy, Inc. “We are also pleased to be
working with the City of Tulare again as this installation follows
a smaller fuel cell project, expanding our relationship with the
city for many years to come.”
The City of Tulare operates a state-of-the art waste water
treatment facility that primarily treats effluent from a number of
large milk processing facilities. Anaerobic digesters are
used to break down the organic waste and prevent harmful methane
emissions as opposed to some waste water treatment processors that
utilize open pools allowing for the escape of methane
emissions. The fuel cells will power the waste water
processes and the heat generated by the fuel cell power generation
process will be supplied to the anaerobic digesters.
Over the past decade California’s San Joaquin Valley, one of the
most productive agricultural regions globally, has been in severe
non-attainment under the Federal Clean Air Act. In recent
years, a commitment to emissions reduction has improved the air
quality. FuelCell Energy’s DFC power plants, which convert
fuel to power electrochemically rather than through combustion,
emit virtually no criteria air pollutants and are exempt from air
permitting. In addition, the fuel cell power plant at the
Tulare Waste Water Treatment Facility will reduce CO2 emissions by
approximately 11,400 tons each year as compared to the US grid,
which is equivalent to removing more than 2,000 cars from the
road.
About FuelCell EnergyDirect FuelCell® power
plants are generating ultra-clean, efficient and reliable power on
three continents, affordably providing continuous distributed power
generation to a variety of industries including utilities,
commercial and municipal customers. The Company’s power
plants have generated billions of kilowatt hours of ultra-clean
power using a wide variety of fuels including renewable biogas from
wastewater treatment and food processing, as well as clean natural
gas. For additional information, please visit
www.fuelcellenergy.com and follow us on Twitter.
Direct FuelCell, DFC, DFC/T, DFC-H2, DFC-ERG and FuelCell Energy
logo are all registered trademarks of FuelCell Energy, Inc.
Contact:
FuelCell Energy, Inc.
Kurt Goddard, Vice President Investor Relations
203-830-7494
ir@fce.com
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