WATT Fuel Cell Corp., a developer and manufacturer of solid oxide fuel cell (SOFC) components and systems, held a grand opening event at its new facility in Mt. Pleasant, Pennsylvania. The grand opening followed WATT’s acquisition this past April of Mt. Pleasant-based tubular SOFC developer Pittsburgh Electric Engines Inc.
During 2013 and 2014, the fuel cell market continued to see the greatest demand from stationary applications, including utility-scale fuel cells, fuel cells for industrial and commercial buildings, and fuel cells for residential power, noted Navigant Research.
Although some sectors of the fuel cell industry have struggled, stationary fuel cells have seen two years of strong growth, with an ongoing boom in prime power and residential combined heat and power (CHP) system shipments.
Driven by the growing need to enhance grid resiliency and the accelerating adoption of distributed generation (DG) technologies, the stationary fuel cell market is poised for rapid growth over the next decade, states Navigant Research.
WATT Fuel Cell Corp., a developer and manufacturer of solid oxide fuel cell (SOFC) components and systems, has announced its purchase of tubular SOFC developer Pittsburgh Electric Engines Inc. (PEEI), Mt. Pleasant, Pennsylvania.
The U.S. Department of Energy (DOE) has awarded more than $3 million to Connecticut-based FuelCell Energy for a development project to enhance the performance, increase the lifespan, and decrease the cost of stationary fuel cells being used for distributed generation and combined heat and power (CHP) applications.
Stationary fuel cells continue to be at the forefront of the global fuel cell industry, notes Navigant Research. As the focus on grid stability increases and the costs associated with natural disasters rise, the use of fuel cells as small distributed power plants for grid stabilization and backup power is moving forward rapidly.
Corporate customers are increasingly turning to fuel cells to provide seamless, reliable power to high-volume data centers and other critical facilities, according to The Business Case for Fuel Cells: Reliability, Resiliency & Savings, a new report from Fuel Cells 2000.
The U.S. Department of Energy (DOE) announced up to $30 million in Advanced Research Projects Agency-Energy (ARPA-E) funding for a new program focused on the development of intermediate-temperature stationary fuel cells to enable low-cost distributed power generation.
Driven, in part, by the increased incidence of major natural disasters, the fuel cell industry is seeing a resurgence, notes Navigant Research. Rising demand and new policy initiatives from countries including China, South Korea and South Africa made 2012 a pivotal year for the fuel cell market.