GEI negotiates MOU for 20 acre site in Western, PA for 100 MW fuel cell power plant with dedicated natural gas well supply. Natural gas well site will allow GEI to sell power through attractive Power Purchasing Agreements (PPA). GEI through its financing partner will be able to also provide capital funding for PPA projects worldwide.
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The Importance of Commercialization
Tuesday, 29 July 2008 03:35
GEI is part of the Fuel Cell and Sustainable/Alternative Energy industry and has a target market that includes portable and on-board power generation applications requiring efficient, clean, near-zero emissions, and silent operations in the 2kW to 8kW nominal power range.
Fuel cells have several advantages over current energy producing technologies. They are efficient, environmentally benign, fuel flexible, modular, scalable, have low and easy maintenance, and are adaptable to specialized applications.