No products in the cart
TRADE IDEA – LONG FuelCell Energy Inc (FCEL)
FuelCell Energy, Inc. (NASDAQ: FCEL) is a global leader in delivering clean, efficient and affordable fuel cell solutions configured for the supply, recovery and storage of energy. They provide comprehensive turn-key solutions for our customers that include everything from the design and installation of a project to the long-term operation and maintenance of the fuel cell system. It also operates the largest fuel-cell park in North America consisting of five 2.8MW power plants and a turbine bottoming cycle in Bridgeport, Connecticut. The company has two markets including ultra-clean power, based on natural gas, and renewable power operating on renewable biogas.
Their SureSource power plants are what I am most interested in, they are are capable of producing multiple value streams, including the on-site production of high purity hydrogen along with ultra-clean electricity and usable heat. In a standard configuration, a fuel, such as clean natural gas or renewable biogas, is reformed inside the fuel cell into hydrogen, which then electrochemically reacts with air to generate power and heat.
READ MORE HERE
Hydrogen is going to be all the rage (whether you think it’s a good idea or not… it is in the forefront of the renewable sector right now) and I have written about renewable biogas previously. In addition, with the incoming Administration and a Democrat sweep, green energy will get a big push.
CURRENT PRICE: 12.93
This chart is just starting to break out over the 20 and 50 day on the monthly chart