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FuelCell Energy Announces Stationary Fuel Cell Power Plant Service Agreement With Switzerland-Based Electric Utility

Stocks in this article: FCEL

The project employees of ewz are closely involved in the operation and assessment of the stationary fuel cell power plant to study the almost complete lack of emissions by the fuel cells, the high electrical efficiency, and the operational flexibility of the power plant.

"We focus on customer satisfaction and our service agreements allow our customers to concentrate on what they do best while we concentrate on our core expertise of delivering ultra-clean power in an efficient and reliable manner," said Chip Bottone, President and Chief Executive Officer FuelCell Energy, Inc. and Managing Director, FuelCell Energy Solutions GmbH. "The highly efficient and environmentally friendly baseload power generation profile of our plants makes them a good solution for supporting power grids and enabling electric utilities to add power generation in cost effective increments when and where needed."

FCES will service the existing plant including the scheduled replacement of the fuel cell stack during the ten year term of the service agreement.

FCES offers a comprehensive portfolio of services for stationary fuel cell power plants with multi-year service agreements. Highly trained technicians and engineers remotely operate and maintain the fuel cell power plants, 24 hours per day, 365 days per year. Field service technicians provide on-site servicing. These service offerings transfer the plant performance responsibilities to FCES, providing the customers with certainty of costs and power supply.

Fuel cells electrochemically convert a fuel source into electricity and heat in a highly efficient process that emits virtually no pollutants due to the absence of combustion. The stationary fuel cell power plants manufactured and sold by FCES are fuel flexible, capable of operating on natural gas or renewable biogas. The power plants provide continuous baseload power and can be sited where the power is used, including both on-site applications and electric grid support. The combination of near-zero pollutants, modest land-use needs, and quiet operating nature of these stationary fuel cell power plants facilitates their siting in urban locations.

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