One Fuel Cell Company Goes Bankrupt, Another Expands

One Fuel Cell Company Goes Bankrupt, Another Expands

Fuel cell maker ClearEdge Power abruptly laid off 268 employees and intends to file for bankruptcy, reports the Hartford Business Journal. An attorney for the company sent a letter to Connecticut officials, saying the company had fallen on hard times due to a lack of … Read more…

Stationary Fuel Cell Market to Top $2bn this Year

Stationary Fuel Cell Market to Top $2bn this Year

Annual revenue in the stationary fuel cell market will double to $2 billion this year form 2012’s $1 billion, according to a new report from Navigant Research, Stationary Fuel Cells.. Navigant also forecasts that even under conservative growth estimates, the industry will be shipping 6.9 … Read more…

First National Bank of Omaha Upgrades its Fuel Cell System

First National Bank of Omaha Upgrades its Fuel Cell System

First National Bank of Omaha has upgraded to a PureCell Model 400 fuel cell system from ClearEdge Power for the bank’s First National Technology Center in Omaha, Neb. The fuel cell is installed in the main floor of the building and provides 400 kW of … Read more…

Major Players Exit High Temperature PEM Fuel Cell Technology

Major Players Exit High Temperature PEM Fuel Cell Technology

BASF and ClearEdge have both exited the high temperature proton exchange membrane (HT-PEM) fuel cell development market, but that does not mean the technology is declining, reports Fuel Cell Today. Instead, their exit will open up the market and enable smaller players to service it. … Read more…

Verizon Plans $100m Investment in Solar, Fuel Cells

Verizon Plans $100m Investment in Solar, Fuel Cells

Verizon is to invest $100 million in solar and fuel-cell energy projects with SunPower and ClearEdge Power that will help power 19 of its facilities in seven states across the country. When completed next year, the project will enable Verizon to annually generate more than 70 million kWh of … Read more…

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