On Dec. 12, 2012, The NEWS noted that FuelCell Energy had announced the largest order ever received by the company and the fuel cell industry. The order was for 121.8 megawatts (MW) of fuel cell kits and services. The company said the estimated value of the multi-year contract was approximately $181 million.
On Dec. 17, 2012, our magazine reported that annual fuel cell system shipments were forecast to accelerate from 2012 to 2017. According to Pike Research (now Navigant Research), annual shipments for all applications would grow rapidly, from less than 29,000 in 2012 to more than 600,000 by 2017.