Loading...
Loading...
fuelcell-energy-enters-into-power-purchase-agreements
fuelcell-energy-enters-into-power-purchase-agreements

FuelCell Energy enters into power purchase agreements

0

FuelCell Energy has today signed long-term power purchase agreements (PPAs) with the local distribution utilities.

The PPAs will cover a 14.8 megawatt fuel cell project in the town of Derby and a 7.4 megawatt fuel cell project in the city of Hartford. Both projects were awarded in June 2018 by the Connecticut Department of Energy and Environmental Protection (DEEP) in a competitive solicitation.

“I am delighted to see this project in Derby continuing to move forward through the process,” said House Republican Leader Themis Klarides. “Once developed and placed into operation, it will greatly improve resiliency in the area and generate much needed tax revenue. This is a win-win for Derby.”

The fuel cell project will provide infrastructure investment in the Derby area, which is expected to drive local economic development and environmental improvement through state sales tax and the local property taxes generated, as well as create and maintain high-tech manufacturing and construction jobs in Connecticut.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...