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CATERPILLAR/FUEL ENERGY FINALIZE OHIO FUEL CELL CONTRACT.

Publication: Industrial Environment
Publication Date: 01-JAN-04
Format: Online - approximately 640 words
Delivery: Immediate Online Access

Article Excerpt
FuelCell Energy, Inc. (NASDAQ:FCEL) and Caterpillar Inc. (NYSE:CAT) have finalized a contract from the City of Westerville Electric Division to supply a 250-kilowatt Direct FuelCell(R) (DFC(R)) power plant designed to feed power at a substation into the local electric distribution system in Westerville, Ohio. The innovative State of Ohio Third Frontier Project award, originally announced by Governor Bob Taft in February 2003, is the first by the state of Ohio, which is investing more than $100 million in a three-year initiative to expand fuel cell research and development, including increased fuel cell generating capacity.

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