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FuelCell Energy receives Marubeni order

15 April 2004 - FuelCell Energy, Inc.'s Asia-Pacific strategic partner, Marubeni Corporation has placed a new order for 4 MW of Direct Fuel Cell (DFC) power plants. FuelCell Energy will manufacture the units and deliver the power plants to Marubeni customers in 2005.

Marubeni's order is for 16 DFC300A power plants with megawatt-class DFC1500 and DFC3000 power plants available to accommodate customer requirements.

Including the most recent order, Marubeni has committed to more than 8 MW since 2000 in three separate orders. Five DFC300A power plants are currently operating at four customer sites in Japan - Kirin's Toride Brewery near Tokyo; City of Fukuoka's municipal waste treatment facility; JAPEX's Katakai natural gas gathering station near Nagaoka City; and two units providing power and steam for Epson Corporation's Ina factory in the Nagano Prefecture.

"We see strong interest in DFC power plants from the industrial, commercial, utility and municipal market segments," said Takeo Kobayashi, General Manager of Marubeni's New Energies Department. "Marubeni is focused on developing the market for clean, efficient distributed power generation in the Asia-Pacific region. DFC technology is the key to serving these markets."

"Our partnership with Marubeni has been one of mutual productivity and benefit to both companies, and today's announcement further strengthens our commitment to making DFC power plants an important part of the electric power infrastructure in Japan and beyond," said Herbert T. Nock, Senior Vice President of Marketing and Sales of FuelCell Energy. "This partnership extends Marubeni's and FuelCell Energy's leadership in stationary fuel cells. I am confident that together we will continue to grow the Asian market for our products."




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