HVAC Breaking News

Nov. 17, 2004: FuelCell Energy Named A Technology Fast 50 Company

November 17, 2004
/ Print / Reprints /
ShareMore
/ Text Size+
DANBURY, Conn. - FuelCell Energy has been named to Deloitte's Technology Fast 50 Program for Connecticut, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.

Jerry D. Leitman, FuelCell Energy's chief executive officer, credits the company's 69 percent revenue growth from 1999 to 2003 to increasing sales of its Direct FuelCell power plants to commercial and industrial customers worldwide. He said, "With the ever-increasing price of energy, fuel cells are being recognized as a clean, efficient, and, most importantly, economical way to generate power. Our technological advantage is that we internally generate hydrogen from readily available fuels such as natural gas and wastewater treatment gas, and we are delivering our commercial Direct FuelCell power plants to customers today."

"In today's economy, double-digit percentage revenue growth is an exceptional accomplishment," said David Carver, partner, Deloitte's technology, media and telecommunications practice in Connecticut. "We commend FuelCell Energy for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor FuelCell Energy as a Deloitte Technology Fast 50 winner."

Publication date: 11/15/2004

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con