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FuelCell receives order from ExxonMobil for long-lead fuel cell stack module
The Fly

FuelCell receives order from ExxonMobil for long-lead fuel cell stack module

FuelCell Energy (FCEL) has received an order from ExxonMobil for long-lead fuel cell stack module equipment and engineering support required to implement a potential demonstration of modular point source carbon capture at an ExxonMobil facility. While ExxonMobil has not yet made a final investment decision, this order advances critical-path equipment procurement and module engineering work. The commercial demonstration project is anticipated to be a full scale prototype of the modules used in large-scale systems for industrial and commercial point source carbon capture applications. "FuelCell Energy continues to gain confidence in achieving large scale commercialization of FuelCell Energy’s carbonate technology for industrial and commercial point source carbon capture. We believe that this technology will address one of the largest environmental challenges of today, CO2 emissions from industrial and commercial exhaust streams and power generation," said Jason Few, President and Chief Executive Officer of FuelCell Energy. "We see market demand across various commercial and industrial segments to scale and commercialize our unique carbon capture solution, which captures carbon dioxide from various exhaust streams, while generating additional power and hydrogen. We believe our carbon capture solution is the only solution that can capture carbon while producing electricity and hydrogen at the same time. Traditional amine solutions penalize power output by 20-35% of total power production," added Few.

Published first on TheFly

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