FuelCell Energy receives $6.8M award for Canadian renewables project

In Connecticut, FuelCell Energy, Inc. announced that a carbon capture demonstration project using the Company’s proprietary carbonate fuel cell technology has been awarded $6.8 million in funding as part of Canada’s Clean Resource Innovation Network low emission fuels and products technology competition.

While emissions reduction and other environmental benefits are key priorities in the CRIN pilot project, other critical factors include the economic benefits that investment provides for Canada. Currently, technologies in use for carbon capture are expensive and consume significant amounts of energy. The FuelCell Energy solution is able to capture carbon from power plant or boiler flue gasses while producing clean electric power, a revenue stream that reduces the cost of carbon capture.  FuelCell Energy offers the only known platform that can capture carbon dioxide from an external source while simultaneously producing power.

FuelCell Energy, operating under its Canadian subsidiary, Versa Power Systems, will be the technology and equipment provider for the project.