Fuel Tech wins $10 million in air pollution control contracts
Fuel Tech Inc. (NASDAQ: FTEK) announced multiple air pollution control contracts worth approximately $10 million from domestic utility and industrial customers, according to a company statement.
The largest contract involves integrating Fuel Tech's Selective Catalytic Reduction technology with two natural gas-fired turbines for a publicly-owned Midwest municipal utility. The turbines will add approximately 100 megawatts to the plant's output capacity.
The expanded generating station is scheduled to become operational in 2029. Fuel Tech will begin engineering work immediately, with equipment deliveries starting in late 2027.
The company received two additional orders from existing industrial customers. One involves upgrading a NOxOUT Selective Non-Catalytic Reduction system for a customer in the South, with delivery scheduled for the third quarter of 2026. The second order covers enhancements to a Selective Catalytic Reduction system for a Midwest industrial customer, also expected to complete in the third quarter of this year.
"We are proud to support this municipal utility plant expansion and to play a role in meeting this area's growing demand for energy," said Vincent J. Arnone, President and CEO. "This project is designed to enhance the reliability of the grid to enable a more resilient grid system in support of commercial activities and data center construction."
Fuel Tech develops air pollution control, process optimization, water treatment and advanced engineering services technologies. The company's solutions have been installed on over 1,300 utility, industrial and municipal units worldwide.
