09 Sep '11, 4pm

Will FuelCell Energy be the First?: I have gotten an enormous amount of mileage from this list. It is my list

I have gotten an enormous amount of mileage from this list. It is my list of profitable fuel cell firms, and it goes like this: 1. 2. 3. There is still not a single, pure-play, public fuel cell company that has experienced anything close to profitability. But FuelCell Energy (Nasdaq:FCEL) is threatening to actually add its name to the list. The firm has just had a quarter with record operating results, its first-ever positive gross margin, and has a pipeline of projects currently underway. FuelCell Energy builds molten carbonate stationary fuel cell power plants located at wastewater treatment sites, universities, pump stations, and sites that need low-emission baseload distributed generation. Going by headlines, one would think that Bloom Energy invented fuel cells and pioneered their commercialization. In reality, fuel cells were invented in the 1800s and there is a larg...

Full article: http://www.greentechmedia.com/articles/read/will-fuelcell...

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