Marubeni and FCE Report DFC Siting at JAPEX

Marubeni Corp. (Japan) and FuelCell Energy Inc. (FCE, Danbury, CT) announced the siting of a Direct FuelCell® (DFC®) power plant at Japan Petroleum Exploration Co. Ltd. (JAPEX) facilities near Nagaoka City, Japan. Marubeni will supply a 250kW DFC300A power plant to JAPEX's Katakai natural gas gathering station located in the Niigata Prefecture in the fourth quarter of 2003. The DFC unit will operate on the natural gas being produced from the field, and will provide electricity for JAPEX's natural gas processing facilities on the site.

"This siting announcement demonstrates Marubeni's commitment to developing new and exciting markets for our DFC power plants," said Herbert Nock, senior vice president of marketing and sales of FuelCell Energy. "With the projects announced to date, Marubeni is seeding the market in key applications that we believe will be the foundation for additional orders in Japan and Asia."