gasworld speaks to Tom Gelston, Vice-President of Finance and Investor Relations at FuelCell Energy as the company celebrates its 50th anniversary.
Coined in 1969, FuelCell Energy was originally founded as an Energy Research Corporation by early fuel cell pioneer Bernard Baker, and battery technology expert Martin Klein. After receiving funding from the US military and utility companies in the 1970’s, the fuel cell company carried out research into low-temperature fuel cells and silver-zinc battery cells, before switching its focus to high carbonate fuel systems in the 1980/1990’s.
A major milestone for the company was reached in 1992 when it successfully demonstrated a 120kW high temperature carbonate fuel cell. The company then went public and continued to improve its Direct FuelCell® technology. The year 1999 saw FuelCell Energy become FuelCell Energy by company name.
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