Dec 4, 2012 - US fuel cell maker FuelCell Energy Inc (NASDAQ:FCEL) on Tuesday said it had sold a 300-kW stationary fuel cell power plant for a 38-storey office building in London, developed by Canary Wharf Group and Land Securities PLC.
The company's German joint venture FuelCell Energy Solutions GmbH will manufacture and install the facility. The unit will also operate and maintain the power plant as part of a service agreement, FuelCell Energy said.
The project is in line with the city of London's goal to supply 25% of the city's energy from decentralised sources and lower carbon dioxide emissions by 60% by 2025.
The fuel cell power plant will generate electricity and heat in a combined heat and power (CHP) configuration. The thermal output will exceed 300 kWt, while the generated electricity will be enough to power about 800 British homes, according to FuelCell Energy estimates. The facility is due to be installed next year and commissioned for the building's completion in 2014.
FuelCell Energy owns a 75% stake in FuelCell Energy Solutions, with the remainder being held by Fraunhofer Institute for Ceramic Technologies and Systems (Fraunhofer IKTS). The joint venture was set up in May this year.
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