WATT Fuel Cell Closes Financing Round Led by EQT

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Summary

Its a perfect fit and marks another major step toward combustion-free fuel cell power generation to customers across western Pennsylvania and beyond." We believe fuel cells powered by natural gas are a critical component to achieving that mission," said Mr. Rice. "Working with EQT provides WATT the opportunity to scale the business and play a significant role in efforts to accelerate a sustainable path to a low carbon future." In addition, WATTs Hybrid Power Management system works in tandem with wind and solar power sources and energy storage to provide quiet, efficient, affordable, clean energy solutions, with attractive returns on investment for utilities and their customers, and commercial/industrial users seeking to reduce their carbon footprint and other environmental impacts. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy.

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