FuelCell Energy, Inc. (NasdaqNM:FCEL), a leading manufacturer of fuel cell power generation plants for commercial and industrial customers, announced it has received an order for six fuel cell stacks from its European partner MTU CFC Solutions GmbH, a subsidiary of DaimlerChrysler (NYSE:DCX ). MTU, which in previous years purchased a total of 2.75 megawatts of fuel cell stacks, incorporates FuelCell Energy’s high efficiency, low-emissions technology in the HotModule balance of plant design it manufactures for the European market. To date, MTU has installed over a dozen such power plants based on FuelCell Energy’s systems for applications such as manufacturing, wastewater treatment, telecommunications, universities, hospitals and electric utilities.
FuelCell Energy will deliver the additional 1.5 megawatts of stacks, consisting of six 250 kilowatt units, in 2006. Financial terms of the sale were not disclosed.
MTU power plants built around FCE’s stacks among others currently in operation include a Michelin tire plant, a Deutsche Telecom telecommunications center and the utility RWE’s Energy Park, as well as a major shipbuilding facility in Cartagena, Spain.