FuelCell Energy +5% as German government issues €4.9M in research awards


FuelCell Energy (NASDAQ:FCEL+5% premarket on news its German affiliate received nearly €5M in awards from the government to support a three-year research and development project targeting enhancements to Direct FuelCell technology by increasing power density and operating life of the fuel cells, leading to lower costs.

The research is being performed in Germany by FCEL at an existing facility in Ottobrunn and by joint venture partner Fraunhofer IKTS at a facility located in Dresden.

Also: PLUG +3.8%, KNDI +2.9%, BLDP +2.2%, ZBB +1.8%.

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Comments (6)
  • alphaRAJU
    , contributor
    Comments (484) | Send Message
     
    Slowly but surely the future of local power generation is FCEL.
    22 Jul 2014, 08:59 AM Reply Like
  • flyerguy1300
    , contributor
    Comments (1108) | Send Message
     
    Glad I bought this stock the other week
    22 Jul 2014, 09:36 AM Reply Like
  • Hal44
    , contributor
    Comments (650) | Send Message
     
    Sounds good for these companies mentioned, but I believe the real beneficiary will be MVTG (Mantra Venture Energy) that appears to have superior, less costly and more efficient fuel cell technology and importantly carbon capture recapture tech with more recent US and international patents issued. I'd suggest viewing MVTG's website: http://bit.ly/1nGERsT 
    22 Jul 2014, 09:40 AM Reply Like
  • Arnster
    , contributor
    Comments (50) | Send Message
     
    i looked at their stocks, volume traded seems to be very low and in otc markets.

     

    going to see how it goes for coming weeks
    22 Jul 2014, 12:23 PM Reply Like
  • medinger2
    , contributor
    Comments (12) | Send Message
     
    Solyndra.
    22 Jul 2014, 10:34 AM Reply Like
  • steve miller70
    , contributor
    Comments (415) | Send Message
     
    When you think of massive subsidies, danger, and proven failure remember the nuclear power industry building 5 more plants now.
    22 Jul 2014, 04:52 PM Reply Like
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