... England, and Germany. FuelCell Energy is facing a number of major debt deadlines towards the end of this month, particularly the requirement to secure refinancing for a large project could prove difficult. For the alternative energy market, Viaspace subsidiary Direct Methanol Fuel Cell Corporation develops and manufactures disposable fuel cartridges for fuel cell powered electronic devices such as notebook computers, mobile phones and … Corporate Governance. In addition to the delivery of continuous, reliable and CES-qualified electricity to this growing area of the system, according to publicly available information, the combined fuel cell facilities will defer millions of dollars in local transmission and distribution upgrades otherwise needed to maintain reliability in the Yaphank area.PSEG Long Island operates the Long Island electric power delivery system for LIPA, a subdivision of the State of New York that owns the electric transmission and distribution system serving Long Island and the Rockaways, with a mission to enable clean, reliable, and affordable electric service for its customers. The solicitation sought NY CES qualified fuel cell resources from one megawatt to under 10 megawatts in nine designated electrical distribution development areas and up to 20 megawatts at the transmission level at 10 key substation locations across Long Island. FuelCell Energy Subsidiary Executes Power Purchase Agreement For Long Island 7.4 MW Fuel Cell Project Development activities up to this point have included environmental reviews, electrical interconnection studies, and permitting activities under the NY SEQRA process, and design engineering and planning. With SureSource installations on three continents and millions of megawatt hours of ultra-clean power produced, FuelCell Energy is a global leader with environmentally responsible power solutions. These projects include:The Company has been diligently working to complete development of these landmark projects, and currently plans to commence construction in 2019. FuelCell Energy (NASDAQ: FCEL) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. FUTURES. FuelCell Energy’s wholly-owned special purpose project entity, Yaphank Fuel Cell Park, LLC, will own, operate and maintain the fuel cell power plants, which are being installed by FuelCell Energy. With initiatives to meet Governor Cuomo’s New York State’s aggressive clean energy goals, LIPA and PSEG Long Island lead New York with the largest commitment to clean fuel cell technology.“LIPA and PSEG Long Island are leaders in clean energy deployment, taking visionary steps forward in its programs to develop the use of fuel cell power systems as part of its energy technology mix,” said Chip Bottone, President & CEO of FuelCell Energy, Inc. “LIPA and PSEG Long Island’s commitment to meet Long Island’s growing need for clean electricity and their focus on installing resilient power generation contribute to the overall reliability and performance of LIPA’s electric grid.”FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc. One of the most space-efficient clean energy technologies qualified under the CES, this project, along with the other two FIT IV projects that are nearing this same stage of development, demonstrate the many benefits of integrating clean and predictable fuel cells into New York’s energy mix.”The other two selected projects have made substantial progress completing the prerequisite items leading to PPA execution. One of the most space-efficient clean energy technologies qualified under the CES, this project, along with the other two FIT IV projects that are nearing this same stage of development, demonstrate the many benefits of integrating clean and predictable fuel cells into New York’s energy mix.”The other two selected projects have made substantial progress completing the prerequisite items leading to PPA execution. Corporate governance. President, Chief Executive Officer & Director, FuelCell Energy, Inc. FuelCell Energy continues to work cooperatively with the Town of Brookhaven, the landowners, local agencies and the interconnection review teams at New York Independent System Operator (“NYISO”) and PSEG Long Island.
FuelCell Energy Announces Fourth Quarter and Full Year Financial Results Conference Call on January 10, 2019 at 10 A.M. Eastern Time FuelCell Energy delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy.
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