Stock Update (NASDAQ:FCEL): FuelCell Energy Highlights Performance of Dominion Bridgeport Fuel Cell Park
FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and service of ultra‐clean, efficient and reliable fuel cell power plants, recognized the performance achievements of the 14.9 megawatt Dominion fuel cell park in Bridgeport, Connecticut, as the installation reached its one year anniversary of operation. The fuel cell park, owned by Dominion (NYSE:D), consists of five Direct FuelCell® (DFC®) power plants, manufactured and installed by FuelCell Energy, that supply Class I renewable power to the electric grid under a 15 year energy purchase agreement. Additionally, the heat from the five power plants is recovered and converted into additional electricity, increasing the efficiency of the installation. FuelCell Energy operates and maintains the plants under a long term service agreement and continues to meet all contracted output requirements with availability of the fuel cell park in excess of 95 percent… Read more »
Shares of Fuelcell Energy closed last Friday at $1.135 . FCEL has a 1-year high of $4.74 and a 1-year low of $1.05. The stock’s 50-day moving average is $1.54 and it’s 200-day moving average is $2.00.
Fuelcell Energy Inc is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services ultra-clean, highly efficient stationary fuel cell power plantsfor distributed power generation.