Renewable Energy

Ocean Thermal Energy Conversion Power Plant

Ocean Thermal Energy Conversion Power Plant Under Development

Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday. Following the ceremony, both companies met with United States Secretary of State John Kerry during his first official state visit to the People’s Republic of China. The 10-mega

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Stationary Fuel Cells

Demand for Efficient and Ultra-Clean Stationary Fuel Cells Drives Job Creation in Connecticut

FuelCell Energy, Inc. (Nasdaq:FCEL) a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today provided an update on its previously announced plans to ramp to a 70 megawatt (MW) annual run-rate and the job creation resulting from the demand for its highly efficient and environmentally friendly stationary fuel cell power plants. “We are pleased with the progress in ramping our production rate by 25 percent and expect to be at a 70 megawatt annualized run-rate by May 1, 2013,” said Chip Bottone, President and Chief Executive Officer, FuelCell Energy, Inc.

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