FuelCell Energy Announces 121.8 Megawatt Order (Largest Ever)

Nov 6th, 2012 | By | Category: Business

Danbury-based FuelCell Energy has announced an order from its South Korean partner, POSCO Energy for 121.8 megawatts of fuel cell kits and services to be manufactured at the FuelCell Energy production facility in Torrington, Connecticut. The estimated value of the multi-year contract is approximately $181 million. POSCO Energy, the largest independent power producer in South Korea, is a subsidiary of POSCO, a global steel producer.

“POSCO Energy recently signed a contract to build the world’s largest fuel cell park, a 58.8 megawatt project located in South Korea,” said Jung-Gon Kim, Senior Vice President, POSCO Energy. “This order to FuelCell Energy for 121.8 megawatts will help us meet demand in South Korea as well as other Asian countries.”

For more on this story, visit: FuelCell Energy Announces 121.8 Megawatt Order, Largest Ever Received by the Company and the Fuel Cell Industry | equities.com.

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