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 Sen. Joe Lieberman Visits FuelCell Energy, Predicts Strong Future for the Industry

Publication Date:31-August-2005
07:18 PM US Eastern Timezone 
Source:FuelCellWorks
 
DANBURY, Conn. -- FuelCell Energy, Inc. (NasdaqNM:FCEL)), a leading manufacturer of ultra-clean electric power plants for commercial and industrial customers, today hosted a site visit by Sen. Joe Lieberman, who spoke to employees and took questions on a variety of energy issues facing the country. 
 
Sen. Lieberman addressed his views on the importance of public-private partnerships in developing answers to the energy challenges we face today. On the heels of the nation's just-signed Energy Policy Act of 2005, he said, it is important to drive innovation that helps reduce global warming, limit our dependence on imported energy sources and enhance our energy security. A significant means of striving for both goals would involve fuel cells. 

"My vision is that the fuel cell industry could one day become the largest employer in the state," he said. 

During his visit, Sen. Lieberman also toured FuelCell Energy's Danbury plant, including its commercial products test facilities, as well as the lab where the company is conducting R&D programs sponsored by the US Department of Defense. 

"Businesses in this state are fortunate to have the kind of advocate in Washington that Senator Lieberman is," said Jerry D. Leitman, Chief Executive Officer of FuelCell Energy. "Our industry, which has established Connecticut as the world capital for fuel cells, has benefited greatly from the strong voice he provides on energy, environment and policy issues." 

About FuelCell Energy, Inc. 

FuelCell Energy develops and markets ultra-clean power plants that generate electricity with up to twice the efficiency of conventional fossil fuel plants and with virtually no air pollution. Creating energy from self-contained reactions, fuel cells produce base load electricity where commercial and industrial customers face cost, reliability, security or environmental issues with their existing energy supplies. Emerging state, federal and international regulations to reduce harmful greenhouse gas emissions consider fuel cell power plants in the same environmentally friendly category as wind and solar energy sources -- with the added advantages of running 24 hours a day and the capacity to be installed where wind turbines or solar panels often cannot. Headquartered in Danbury, Conn., FuelCell Energy has generated over 70 million kilowatt-hours of electricity from over 40 power plant sites around the globe, and conducts R&D on next-generation fuel cell technologies to meet the world's ever-increasing demand for green energy. For more information on the company, its products and its worldwide commercial distribution alliances, please see http://www.fuelcellenergy.com

Direct FuelCell, DFC and DFC/Turbine are registered trademarks of FuelCell Energy, Inc. All other trademarks are the property of their respective owners. The company's sub-megawatt DFC fuel cell power plant is a collaborative effort combining its Direct FuelCell technology with a Hot Module(R) balance of plant design from MTU CFC Solutions, GmbH, a subsidiary of DaimlerChrysler. 
 
 

 
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