FuelCell Energy signs $160M contract for Hartford power plant

FuelCell Energy has secured a $160 million contract to build a 7.4-megawatt hydrogen-based power plant in Hartford, Connecticut, aimed at enhancing the local power grid and supporting a major data center. Under a 20-year purchase power agreement, the plant will provide Class 1 renewable baseload electricity to local utilities Eversource and United Illuminating, contributing significantly to the state's renewable energy goals. The project is expected to generate over $160 million in future revenue for FuelCell Energy, which specializes in fuel cell technology that offers quiet, emission-free energy solutions. President Jason Few highlighted the advantages of fuel cells in urban settings, emphasizing their efficiency and reliability amidst increasing demand for constant electric power. This initiative aligns with Connecticut’s broader strategy of modernizing its grid while promoting low-emission energy sources. With this venture, FuelCell Energy is positioned to lead the way in integrating hydrogen technology into the energy landscape.