FuelCell Energy Announces Major Support from Clean Fuel Fund for eFuel Projects in Canada

The company’s solid oxide electrolysis technology plays a central role

DANBURY, Conn., Aug. 22, 2024 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in sustainable energy technologies that deliver energy and emissions management, announced that a CAD $5.9 million grant from Natural Resources Canada’s Clean Fuels Fund (CFF) will fund two projects using its electrolysis technology to produce synthetic fuel (power-to-liquid (PtL)), or “eFuel.”

These innovative projects are being implemented in partnership with Canadian Nuclear Laboratories (CNL), Expander Energy Inc., Nuclear Promise X and St. Marys Cement and are focused on the production of low carbon intensity synthetic diesel fuels using carbon-free hydrogen produced using nuclear energy and FuelCell Energy’s Solid Oxide Electrolysis platform.