New York, NY - May 30, 2012 (Investorideas.com renewable energy/ green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor trading alert for FuelCell Energy Inc. (NASDAQ: FCEL), trading up at $1.26, up 0.15 (13.51%) 12:00PM EDT on over 2.9 Million shares.
The Company today announced growing demand in Asia for stationary fuel cell power plants, including an initiative by Seoul City, South Korea to install 230 megawatts (MW) of fuel cells and separately, the development of a 60 MW fuel cell park, which will be the largest fuel cell installation in the world.
Seekingalpha.com also had commentary on the stock today, Is FuelCell Energy on the Verge of Profitability?
About FuelCell Energy (NASDAQ: FCEL) Direct FuelCell(R) power plants are generating ultra-clean, efficient and reliable power at more than 50 locations worldwide. With over 180 megawatts of power generation capacity installed or in backlog, FuelCell Energy is a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, universities, municipal water treatment facilities, government installations and other customers around the world. The Company's power plants have generated over one billion kilowatt hours of power using a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas. For more information please visit our website at www.fuelcellenergy.com Research more cleantech stocks on global stock exchanges -and up to 1400 at Investorideas.com renewable energy stocks stock directory
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1 comment:
Companies like fuel cell energy will only be able to provide a small fraction of total world energy needs.
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