Fuel cell industry rejoices as tax credits return

Fuel Cell Industry - Tax Credit - US Dollars

State lawmakers praise the reintroduction of tax credits Political leaders in Connecticut are celebrating the return of tax credits for the fuel cell industry. Fuel cell developers are also praising the return of the tax credits, as they may open up many new opportunities in the coming years. The tax credits were not a part of a budget plan adopted in 2015. The plan instead showed favor for the solar and wind power industries, which drew the ire of fuel cell developers throughout the country. State’s fuel cell industry is…

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Fuel cell industry praises reinstatement of federal tax credits

Fuel Cell Industry - Tax Credit - US Cash

Federal tax credits have been restored through the Bipartisan Budget Act The U.S. fuel cell industry received good news late last week thanks to the Bipartisan Budget Act of 2018. The legislation enacted new tax provisions for some sectors and also reinstated the investment tax credit that was focused on fuel cell technology. The industry saw these tax credits expunged in 2015 in favor of credits favoring solar and wind energy. With the credits reinstated, fuel cell developers see a promising future ahead. FuelCell Energy sees promise in federal policies…

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Nikola is gaining momentum with hydrogen trucks

Hydrogen Trucks - Image of Tractor Trailer

Automaker plans to build a new $1 billion manufacturing facility in Arizona Nikola Motor Company, a developer of clean trucks, has announced plans to build a new 500-acre manufacturing facility in Arizona. The new facility will cost approximately $1 billion to develop and is meant to boost the company’s development of hydrogen-powered trucks. Nikola is well on its way to commercializing large hydrogen trucks equipped with hydrogen fuel cells. The company plans to begin construction on its new manufacturing facility by the end of 2019. Arizona chosen for its promising…

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Bloom Energy to bring fuel cells to South Korea

Fuel Cells Coming to South Koea - South Korean Flag

Bloom Energy to bring new fuel cell systems to South Korea for the first time Bloom Energy, a leading developer of fuel cells, has announced that it has been awarded a contract to provide a fuel cell system to Korea South-East Power. The utility is working to develop a new power plant that makes use of fuel cells to produce electricity. Fuel cells were chosen due to their high levels of performance and proficiency. These energy systems are well aligned with South Korea’s overarching efforts to embrace renewable energy and…

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FuelCell Energy to deliver fuel cells to new project in South Korea

Hydrogen Fuel Cells - Image of City in South Korea

Companies come together to develop new power plants in South Korea FuelCell Energy, a leading developer of hydrogen fuel cells, has announced that it has entered into a new partnership with Korea Southern Power Company. Together, the two companies will develop new power plants equipped with fuel cells. These power plants will generate both electricity and thermal energy. Construction on the new power plants is expected to begin later this year, with the first facility becoming operational at some point in 2018. New energy systems will be delivered later this…

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Bloom Energy to deliver fuel cells to Equinix is landmark deal

Power from Fuel Cells - Image of Data Center

Equinix will be using fuel cells to power some of its data centers Bloom Energy, a leading developer of hydrogen fuel cells, has announced that it has secured one of the largest fuel cell deployment deals in its history. The company, along with its partner PowerSecure, have been working together to bring some 50 megawatts of fuel cell capacity to the market since last year. Now, the companies will be providing some of this capacity to Equinix, which will use the fuel cells to power some of its data centers.…

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Long Island seeks to derive energy from fuel cells

Fuel cells energy - lightlight bulb

New project to leverage the power of hydrogen fuel cells Long Island will soon be host to the largest array of fuel cell generators in the United States. FuelCell Energy, a leading developer of hydrogen fuel cells, is currently developing the energy systems needed for a new project. The project aims to provide the Long Island Power Authority with clean electricity through the use of fuel cell systems. This electricity will not be tied to the production of harmful emissions and the project represents the largest use of fuel cells in…

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Fuel cell industry to benefit from new legislation in Connecticut

Fuel Cell Industry Legislation - Connecticut State Capitol Building

Legislation could help the fuel cell industry expand New legislation in Connecticut could have a major impact on the fuel cell industry. The legislation allows state utilities to purchase as much as 30 megawatts of fuel cell systems and encourages the use of fuel cell power plants in order to distribute electrical power. The legislation has been praised by FuelCell Energy, a developer of hydrogen fuel cells based in Connecticut. The legislation is expected to lead to a higher adoption of fuel cells in the state. Fuel cells may help…

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FuelCell Energy to develop reversible fuel cells

Reversible Fuel Cells - project development

Reversible fuel cells to be developed through new project with ARPA-E support FuelCell Energy, a leading developer of hydrogen fuel cells, has announced that it has been awarded a promising new contract from the Advanced Research Projects Agency-Energy (ARPA-E). The agency is a division of the United States Department of Energy that is focused on the renewable energy field as well as the application of various types of technologies. The contract awarded to FuelCell Energy is valued at $3 million. New fuel cells can produce hydrogen and generate electricity The…

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FuelCell Energy to build new hydrogen fuel power plant

Hydrogen Fuel - Image of Power Plant

Fuel cell developer is building a hydrogen fuel power plant to help provide energy to 3,700 homes FuelCell Energy, a leading developer of hydrogen fuel cells, is building a new power plant that will make use of the company’s fuel cell systems. Once operational, the new power plant is expected to help power some 3,700 average homes in Connecticut. Homeowners are unlikely to notice that the power plant exists, apart from deriving electricity from it. This is due to the fact that fuel cells produce no noise or pollutant while…

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Fuel cell industry shows promise for growth, despite several challenges

Fuel Cell Industry Growth

Fuel cell companies in Connecticut could have a bright future regardless of setbacks they face Connecticut is home to many of the largest and most successful fuel cell developers in the United States and Joel Rinebold, chairman of the Northeast Electrochemical Energy Storage Cluster, believes that fuel cell industry in the state can experience strong growth despite recent setbacks. While fuel cell companies have had a generally favorable 2016, the fuel cell industry has encountered its fair share of challenges over the past year. Regardless of these issues, however, the…

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DOE supports ambitious new energy storage system from FuelCell Energy

FuelCell Energy develops new storage solution based on solid oxide electrolysis cells FuelCell Energy, a leading developer of fuel cells and hydrogen solutions, has announced a new energy storage project that has received support from the U.S. Department of Energy. The federal agency is supporting the energy storage project with a $3 million cost-share contract. The project itself is focused on the use of solid oxide electrolysis cells, which may be suitable for to meet energy demand among those using fuel cells as primary or secondary energy systems. Demand for…

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Alternative fuels set to dominate the transportation space in the future

Clean fuels are becoming a priority for the United States Alternative fuels are becoming more important in the United States. Beyond the environmental benefits of these fuels, they also boast of potential economic benefits. A new report from Energy.gov suggests that alternative fuels could increase the number of options that are available to drivers. This would increase competition in the fueling sector, which would reduce price volatility. Per Energy.gov, alternative fuels are categorized as biodiesel, ethanol, natural gas, propane, and hydrogen. Report highlights the growing role that alternative fuels are…

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FuelCell Energy sees major opportunities for hydrogen fuel cells in Asian markets

Company is performing well in South Korea FuelCell Energy, a leading developer of hydrogen fuel cells, has provided an update concerning its performance in the Asian market. Asia has become a very attractive market for clean technology, especially where fuel cells are concerned. Several countries are beginning to turn to these energy systems in order to break their reliance on fossil-fuels. In South Korea, in particular, hydrogen fuel cells have begun to attract significant support, providing FuelCell Energy with promising new opportunities. New power plant in Seoul will generate 20…

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Exxon Mobil shows more support for the growing fuel cell industry

FuelCell Energy and Exxon Mobil deepen their partnership FuelCell Energy, a prominent developer of hydrogen fuel cells, has announced a partnership with Exxon Mobil, which may result in significant progress in the fuel cell industry and the fight against climate change. Exxon Mobil had already been working with FuelCell Energy in the past, but hopes a greater partnership will result in bringing new technology to the market. While success in this endeavor may be years away, but both Exxon Mobil and FuelCell Energy believe that the technology they develop will…

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FuelCell Energy to build hydrogen fuel cell system for Pfizer

New fuel cell power plant will be built in Connecticut for Pfizer FuelCell Energy, a leading developer of hydrogen fuel cells, has announced that it has agreed to build a new fuel cell power plant for Pfizer, a multinational pharmaceutical corporation. The new power plant will be located at one of Pfizer’s research facilities in Groton, Connecticut. The power plant may be able to help meet the energy needs of the research facility while also making it more environmentally friendly, as hydrogen fuel cells do not produce any harmful emissions.…

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