DANBURY, Conn. (AP) — Power plant construction company FuelCell Energy Inc. said today(Monday, Nov 
that it will build a 2.8 megawatt facility outside a wastewater treatment plant in California.
FuelCell Energy Inc. (FCEL-Nasdaq) gained more than 20% on this news.
FuelCell said the plant will be built for Inland Empire Utilities Agency, a municipal water district based in Chino, California. The new plant’s primary fuel source will be biogas created by the wastewater plant.
The company did not disclose financial details.
FuelCell specializes in building alternative energy plants. The company will service the California power plant under a long term contract. The unit is expected to be operational in early 2012.
The Inland Empire Utilities Agency is a municipal water district located in western San Bernardino County, California. It supplies imported drinking water and processes wastewater.
FuelCell Energy, Inc. engages in the development and manufacture of fuel cell power plants for electric power generation primarily in the United States, Canada, Germany, Japan, and South Korea. Its core carbonate fuel cell products include Direct FuelCell or DFC Power Plants for stationary power generation applications.
The company also develops carbonate fuel cell and planar solid oxide fuel cell technology. Its proprietary carbonate DFC power plants electrochemically produce electricity directly from readily available hydrocarbon fuels, such as natural gas and biogas fuels. The company serves manufacturers; mission critical institutions, including correction facilities and government installations; and hotels and customers, such as breweries, food processors, and wastewater treatment facilities, who use renewable gas for fuel. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.