Tuesday, February 9, 2010

FuelCell Energy Names New Chief Commercial Officer


FuelCell Energy, Inc. (Danbury, CT), a leading manufacturer of high efficiency ultra-clean power plants using renewable and other fuels for commercial, industrial, government and utility customers, named Chip Bottone as Senior Vice President and Chief Commercial Officer on February 9th .

His focus at FuelCell Energy is to accelerate profitable revenue growth by capitalizing on heightened demand by the world's industrialized and emerging nations for clean, alternative forms of energy generation -- a need well-matched by the company's Direct FuelCell® (DFC®) power plants. He is also responsible for developing and implementing strategies to further expand the company's market opportunities and growth potential.

Bottone's qualifications include 25 years of experience at Ingersoll Rand Company, the diversified multi-national industrial concern where he held a series of roles culminating in President of the Energy Systems division. There he built a global alternative energy business providing distributed energy and environmental solutions for customers in the U.S., China and Europe.

He also was a senior executive for the company's Power Generation business and its Portable Power division, among others. During his tenure, he managed business activities with operations in the U.S., the United Kingdom, China, India, the Middle East, Africa, Eastern Europe and Russia. Throughout his career at Ingersoll Rand, Bottone increased sales and profitability for his areas of responsibility.

"As an executive who brings senior strategic management skills, long-standing customer relationships and deep experience in the energy industry, Chip is ideal for leading our drive to grow the size and pace of our order pipeline," said R. Daniel Brdar, Chairman and CEO of FuelCell Energy. "His record of executing innovative strategies and building businesses will be especially important in our efforts to develop and capture new markets. We're delighted to have him aboard."

Bottone earned his undergraduate degree in Mechanical Engineering from the Georgia Institute of Technology, and holds a Certificate of Professional Development from The Wharton School at the University of Pennsylvania.

In October 2009, U.S. Department of Defense's Engineer Research and Development Center - Construction Engineering Research Laboratory (ERDC-CERL) awarded FuelCell Energy approximately $1.5 million to continue development of its electrochemical hydrogen separator (EHS). The EHS system separates pure hydrogen from gas internally generated in a fuel cell that can be used for industrial and transportation applications.

The EHS research contributes to the development of FuelCell Energy's DFC-H2 product. The DFC-H2 integrates an EHS system with the company's high-efficiency Direct FuelCell (DFC) power plant to produce ultra-clean electricity, heat and pure hydrogen. A DFC300 combined with an EHS would produce 300 kilowatts of power, heat for combined heat and power applications, and up to 300 lbs. per day of hydrogen. If successful, this combination may produce hydrogen more economically than other methods

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