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Nov. 12, 2004: FuelCell Energy Receives Order For Fuel Cell Power Plants

DANBURY, Conn. - FuelCell Energy Inc. has 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 three new sub-megawatt carbonate fuel cell power plants. Delivery is expected in late calendar year 2004 and early calendar year 2005.

MTU's branded carbonate fuel cell power plant, the HotModule®, is based on FuelCell Energy's Direct FuelCell technology and utilizes fuel cells manufactured by FuelCell Energy's Connecticut manufacturing facility. MTU is currently operating eight HotModules in Germany and Spain, and two additional German units completed their field trial programs.

"MTU CFC Solutions continues to demonstrate success by operating flexible high temperature carbonate fuel cell power plants at European customer sites," said Jerry D. Leitman, chairman and CEO of FuelCell Energy. "This new order from MTU, plus the additional siting announcements announced by MTU and its strategic partner, RWE Fuel Cells, is evidence of a growing interest in clean and efficient on-site power for commercial and industrial customers."

Publication date: 11/08/2004

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