Founded in 1969, FuelCell Energy is a fuel cell company based in Danbury, Connecticut. The company has also established a foothold in Germany (Traufkirchen).
FuelCell Energy sells and installs fuel cell power plants for electricity generation.
Customers include utilities, municipalities, universities, government agencies, and a number of industrial and commercial companies.
The company's carbonate fuel cell technology generates electricity directly from a hydrogen-rich fuel such as natural gas or renewable biogas by reforming the fuel in the fuel cell to produce the required hydrogen.
When a customer purchases a SureSource power plant from FuelCell Energy, they enter into a long-term relationship with a broad range of services. Furthermore, the company offers service contracts with a term of up to 20 years. Thus, the customer continues to leave money with the company.
Latest news:
FuelCell Energy and ExxonMobil (world's largest US oil company) extend their joint development agreement.
Current share price: € 7.96
-------
Source: finanzen.net, fuelcellenergy
