FuelCell Energy +3% on story discussing new DoE contract

|About: FuelCell Energy, Inc. (FCEL)|By:, SA News Editor

FuelCell Energy (FCEL +2.9%) moves higher as a New Energy World Network story discusses a $3M award from the Department of Energy to accelerate the development of fuel cells being used for heat and power.

The award apparently is in addition to FCEL's March 7 news of a $2.8M continuation of a DoE award to showcase the tri-generation capabilities of a Direct FuelCell power plant for industrial applications.

A new blog from Mitu Anand says FCEL’s recent drop presents a big opportunity for investors since the company is posting "solid" growth numbers.