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FuelCell Energy (FCEL) Generates Significant Milestone with Production of 1 Billion Kilowatt Hours of Clean Power

|Includes: FuelCell Energy, Inc. (FCEL)

FuelCell Energy, Inc., a leading manufacturer of ultra-clean, efficient and reliable power plants, today announced it has achieved a significant milestone with 1 billion kilowatt hours (kWh) of ultra-clean and renewable electricity produced by Direct FuelCell® (DFC)® power plants since 2003.

Chip Bottone, president and CEO of FuelCell, said the milestone reflects its leading position in the industry.

“One billion kilowatt hours of power production supports our position as a global leader in ultra-clean baseload distributed power generation with a growing installed base,” Bottone stated in the press release.

More than 80 DFC plants produce environmentally friendly power and usable high-quality heat at more than 50 locations around the world.

FuelCell reported that in comparison to the average U.S. fossil fuel power plant, 1 billion kWh of ultra-clean fuel cell power production configured in a combined heat & power mode (CHP):

• Eliminated the emission of approximately 8,600 tons of criteria pollutants, which is equivalent to removing more than 137,000 passenger vehicles from the road
• Prevented the emission of approximately 644,600 tons of carbon dioxide (CO2), a greenhouse gas, which is equivalent to removing more than 114,000 passenger vehicles from the road
• Benefits public health and helps customers achieve sustainability goals by virtually eliminating pollutants including nitrogen oxide (NOx), sulfur dioxide (SOx) and particulate matter

“Our power plants are solving power generation challenges every day for our global customer base,” Bottone stated. “Our plants provide environmentally friendly power production where the power is used in an economically attractive manner.”

The high efficiency of fuel cells reduce fuel costs and carbon emissions. The same unit of fuel produces both electricity and heat, which can reduce the use of combustion-based boilers for heating, which further reduces costs and pollutants.

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