FuelCell Energy (FCEL) Tops Q3 EPS by 1c

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FuelCell Energy (FCEL) Announces Operations Commencement at Riverside Regional Water Quality Control Plant

September 7, 2016 8:33 AM EDT

FuelCell Energy, Inc. (Nasdaq: FCEL) announced the completion of construction and commercial operation of a megawatt-class fuel cell power plant at the Riverside Regional Water Quality Control Plant in Riverside, California. The project is structured so that the City of Riverside pays for power produced achieving immediate operating cost savings without any capital outlay and in a manner that supports the Citys sustainability goals.

The water treatment process at the Riverside Regional Water Quality Control Plant generates methane, a greenhouse gas. Through the use of anaerobic digesters, the Water Quality Plant captures... More