ClearEdge Power announced that Güssing Renewable Energy GmbH, a provider of carbon-neutral energy solutions, has selected ClearEdge systems to achieve its goal of producing 50 MW of clean distributed energy generation from fuel cells in the Republic of Austria by 2020. In the first phase of a multi-phase $500 million agreement, one of the largest ever signed in the stationary fuel cell industry, ClearEdge Power will deliver 8.5 MW of clean energy over the next 36 months.
“This is a very significant milestone for both ClearEdge Power and the stationary fuel cell market,” said ClearEdge Power President and CEO, Russell Ford. “Güssing Renewable Energy is at the cutting-edge of environmental sustainability and an agreement of this magnitude further validates the role that scalable, continuous onsite power systems will play in the transition to a carbon-neutral society. This contract also adds on to our strong growth in North America and provides the perfect platform for us to continue to expand our international operations.”