Manufacturing Industry
MOLTEN CARBONATE: FuelCell, RWE In Distribution Deal.
Fuel Cell Technology News, August, 2003
FuelCell Energy Inc. (3 Great Pasture Rd., Danbury, CT 06183; Tel: 203/792-1460) and RWE AG, Germany's largest electric utility, will establish a joint venture with MTU Friedrichshafen, a DaimlerChrysler AG company and FuelCell Energy's European technology and distribution partner, to market carbonate fuel cells to a broad European market.
The joint venture, MTU CFC Solutions GmbH, will seek to develop a leading market position for high temperature stationary fuel cells. Under the agreement, MTU says it will contribute its considerable lead in technology for stationary fuel cells, while RWE, as one of the leading European power companies, will provide the corresponding market access, thus ensuring the broad-based introduction of the fuel cell Under the terms...
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