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FuelCell gets regulatory nod

Danbury-based FuelCell Energy Inc. has received final approval from the state Department of Public Utility Control to build nine plants that together generate 27.3 megawatts of electricity.

The state issued preliminary approval of the plants last month. The plants are included in the state’s Project 150 which required the state to sign energy purchase agreements for 150 megawatts of clean power.

The value of the project to FuelCell is expected to be $84 million once the purchase agreements are signed and project financing is secured.

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