Fuelcell Energy Inc (FCEL) announced it has successfully incorporated design changes to the 250-kilowatt (kW) Direct FuelCell® (DFC®) power plant resulting in a 25 percent cost reduction as previously announced. This is part of FuelCell Energy’s rolling three-year cost-out program that targets a 20-25 percent cost reduction per year. In addition to reduced capital costs, the DFC300MA power plant the new name for the sub-megawatt unit is expected to result in lower routine maintenance expenses thanks to its modular three-piece design. This modular architecture, with separate skids for the mechanical balance of plant, electronic balance of plant and the DFC module, is expected to enhance serviceability due to greater accessibility for each component. [ more ]
