U.S. Government's Camp Pendleton Exercises Option for an Additional 250 Kilowatts of Highly Efficient Power From FuelCell Energy
Posted on: Wednesday, 7 June 2006, 09:00 CDT
U.S. Marine Corps Training Base in California Powers up to 750 Kilowatts of Firm 24/7 Fuel Cell Power While Supporting Its Environmental Goals
FuelCell Energy, Inc. (NasdaqNM:FCEL), a leading manufacturer of ultra-clean and efficient electric power generation plants for commercial, industrial and government customers, today announced that the U.S. Navy has exercised its option to add an additional 250 kilowatt Direct FuelCell(R) (DFC)(R) power plant at the U.S. Marine Corps training facility at Camp Pendleton, in California. The repeat equipment sale is through FuelCell Energy's distributor, LOGANEnergy, which will serve as a prime contractor overseeing installation and operation of the power plant.
An additional 250 kW DFC unit will be added to the original order of 500 kilowatts announced last fall. These systems, scheduled for installation this summer, will provide clean, efficient and reliable base load electricity and heat for the living and dining quarters of more than 200 marines at the training facility. Camp Pendleton conducts a broad array of training programs for active and reserve military units from all branches of the armed forces, as well as for personnel from national, state and local agencies. Training there takes place in an area inhabited by 400 species of mammals and birds, bordering 17 miles of coastline. The ultra-clean fuel cells exemplify the base's commitment to protect the local habitat as part of its mission.
With this order, FuelCell Energy now has installed or in backlog 8.25MW of DFC power plants in California, equal to our Asian markets.
"The confidence end-users have in our DFC products providing reliable and efficient base load power is a major reason for repeat orders like this one," said Bruce Ludemann, FuelCell Energy Senior Vice President of Sales and Marketing. "Customers are recognizing the value proposition of our DFC power plants, which meet the strict 2007 air emissions requirements of the California Air Resources Board and give them greater control over the cost and reliability of their firm, 24/7 onsite energy requirements."
"FuelCell Energy continues to lead the fuel cell world in the deployment of stationary fuel cell applications opening new markets with broad customer satisfaction and appeal," said Sam Logan, LOGANEnergy CEO. "FuelCell Energy has worked very hard to develop the advanced DFC300MA units going into Camp Pendleton, and they are sure to raise the standards for clean, reliable and efficient fuel cell energy services. We are proud to partner with FuelCell Energy in delivering projects that clearly demonstrate for all to see the promise and power of fuel cell technology."
Marine Corps Base Camp Pendleton, the Corps' largest West Coast expeditionary training facility, encompasses more than 125,000 acres of Southern California terrain. With constant training on Camp Pendleton, preserving the environment and compliance with waste reduction is an important consideration. More than 38,000 military family members occupy base housing complexes, but the daytime population grows to 60,000 military and civilian personnel.
About FuelCell Energy
FuelCell Energy develops and markets ultra-clean power plants that generate electricity with higher efficiency than distributed generation plants of similar size and with virtually no air pollution. Fuel cells produce base load electricity giving commercial and industrial customers greater control over their power generation economics, reliability and emissions. Emerging state, federal and international regulations to reduce harmful greenhouse gas emissions consider fuel cell power plants in the same environmentally friendly category as wind and solar energy sources -- with the added advantages of running 24 hours a day and the capacity to be installed where wind turbines or solar panels often cannot. Headquartered in Danbury, Conn., FuelCell Energy services over 40 power plant sites around the globe that have generated more than 94 million kilowatt hours, and conducts R&D on next-generation fuel cell technologies to meet the world's ever-increasing demand for ultra-clean distributed energy. For more information on the company, its products and its worldwide commercial distribution alliances, please see www.fuelcellenergy.com.
Direct FuelCell, DFC and DFC/Turbine are registered trademarks of FuelCell Energy, Inc. All other trademarks are the property of their respective owners. The Company's sub-megawatt DFC fuel cell power plant is a collaborative effort combining its Direct FuelCell technology with a HotModule(R) balance of plant design from MTU CFC Solutions, GmbH.
This news release contains forward-looking statements, including statements regarding the Company's plans and expectations regarding the development and commercialization of its fuel cell technology. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, the risk that commercial field trials of the Company's products will not occur when anticipated, general risks associated with product development, manufacturing, changes in the utility regulatory environment, potential volatility of energy prices, rapid technological change, and competition, as well as other risks set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based.
Source: Business Wire
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