Fuelcell Energy Inc (FCEL) announced that its European strategic partner, MTU CFC Solutions, GmbH (a subsidiary of DaimlerChrysler), placed a new order for the Company’s Direct FuelCell® (DFC®) components for 3 new sub-megawatt carbonate fuel cell power plants. Delivery is expected in late calendar year 2004 and early calendar year 2005. Announcements of individual power plant sites utilizing these DFC stacks will be forthcoming, with each customer’s request and authorization. MTU’s branded carbonate fuel cell power plant, the HotModule®, is based on FuelCell Energy’s Direct FuelCell technology and utilize fuel cells manufactured by FuelCell Energy’s Connecticut manufacturing facility. MTU is currently operating eight Hot Modules in Germany and Spain, and two additional German units completed their field trial programs. [ more ]
