FuelCell Energy Inc (NASDAQ:FCEL) shares are moving lower on Tuesday. Here’s a look at what’s going on.
What To Know: FuelCell has announced that the University of Connecticut (UConn) will use its solid oxide fuel cell technology for its Innovation Partnership Building.
Four of FuelCell’s 250-kilowatt solid oxide fuel cells with a combined one megawatt of electricity generation capability will be used to provide power and thermal energy to support current and planned future demand of the building. FuelCell’s technology will allow it to operate independently from the local utility grid.
FuelCell Energy said the company and UConn will work together as part of a power purchase agreement. They will also collaborate on educational opportunities ...