FuelCell Energy CEO sees first big sale in Europe this year

• FuelCell Energy (FCEL -0.4%) expects to sign its first contract for a megawatt-scale project in Europe this year, according to a Bloomberg interview with CEO Chip Bottone.
• FCEL built a 250 KW plant in London to showcase the technology and will complete another one of comparable size within a few months, the CEO says; FCEL is talking to potential customers there and in Germany and Italy.
• Shares jumped ~2% on the initial news before flattening.