DALLAS, May 4, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring industrial electric equipment manufacturer (Nasdaq:FCEL). The report includes financial, comparative and investment analysis, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.microstockprofit.com/ads/FCEL
FuelCell Energy Inc. (FCEL) designs, develops, manufactures and markets fuel-cell power plants for electric power generation to it customers in North America, Europe and Asia. The Company's carbonate fuel-cell products include Direct FuelCell Power Plants, which produce electricity from natural gas and biogas fuels. The Company's primary customers include prisons, government, public utilities, hotels, breweries, food processors and wastewater facilities.
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In the report, the analyst notes:
"In the United States, the commercial fuel cell market is expected to reach $975 million through 2012, a nearly sixfold increase from 2009. The largest demand for fuel cells comes from power generation, growing 41% annually, with the goal of reducing pollution and foreign dependency. The portable electronics market currently is the fastest growing market for fuel cell power generation.
"Globally, the fuel cell industry is expected to reach $18.6 billion by 2013. The three leading markets for the technology include automotive, stationary and portable applications, with projected sales revised to $35 billion if the automotive applications market accelerates as speculated by some industry analysts.
"A recent decision by the California Public Utilities Commission to allow the State of California's three major utilities to use natural-gas fuel cells has opening up a new potential source of revenue for the Company. The Company's 1.4-megawatt fuel cell will be installed for the state's largest public utility, Pacific Gas and Electric (PG&E) this year, affording the Company exposure of its energy-efficient product design."
To read the entire report visit: www.microstockprofit.com/ads/FCEL
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