Danbury clean energy manufacturer FuelCell Energy has received a seven-figure deal from a global energy company to development technologies that make use of waste emissions from natural gas power plants.
FuelCell will not name the global partner in the contract – nor provide exact details of the deal – because the partner asked the company not to, said Kurt Goddard, vice president of investor relations for FuelCell.
The contract builds off of FuelCell’s work for the U.S. Department of Energy and Environmental Protection Agency that seeks to reuse emissions from coal plants. FuelCell’s technology uses natural gas and biogas to create electricity through a chemical process that produces very few greenhouse gas emissions.
The EPA/DOE work focuses on ways to apply that technology where the waste emissions from coal plants is used in fuel cells to make electricity and cleaned in the process. The deal with the unnamed global energy company expands that concept to natural gas plants.
“We work we have done through some of this government-supported research has attracted private industry interest,” Goddard said.
Goddard wouldn’t disclose the length of the deal either, except to say the work with the private company will be awarded in stages.
FuelCell recently attracted $75 million from New Jersey conglomerate NRG Energy, which wants to use more of its distributed generation technology to provide power locally.