FuelCell Energy to Receive $3.76 Million Award From the California South Coast Air Quality Management District

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Funds for project to produce renewable hydrogen and power

DANBURY, Conn., Jan. 09, 2019 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced the award of $3,767,380 in funding from the South Coast Air Quality Management District (“SCAQMD”) to enable the development of a renewable fuel cell project. This specific project is aimed at producing renewable hydrogen and power from onsite biogas while avoiding NOx and VOC. The SCAQMD is the air pollution control agency for all of Orange County and the urban portions of Los Angeles, Riverside and San Bernardino counties. This area of 10,743 square miles is home to over 16.8 million people–about half the population of the whole state of California. It is the second most populated urban area in the United States and one of the smoggiest.

Chip Bottone, President and Chief Executive Officer of FuelCell Energy, Inc., commented, “This award supports our strategy to provide innovative fuel cell solutions for renewable, pollutant free power and hydrogen supporting customer sustainability goals and promoting public health for neighboring communities. We continue to see and pursue a tremendous amount of opportunities for our clean solution for providing locally produced hydrogen as well as power, especially in the southern California marketplace.”