FuelCell Energy | Long Beach Fuel Cell Plant
USA
Operational
Overview
Status
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Operational
Region
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North America
Geography
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USA
State
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California
Equity Owner
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FuelCell Energy
Proponent
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FuelCell Energy, Toyota
Output
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Green hydrogen
Type of electricty
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Capacity
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1,270 kg/day of hydrogen
Financing
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Technology
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Technical Advisors
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Telios
Advisors
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Project Contact
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Jason Few President and CEO of FuelCell Energy FuelCell Energy 203.205.2491 ir@fce.com
Lawyers
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Project Cost
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Offtaker
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Toyota, Group 1001, Franklin Park
Commercial Operations Date
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2021
Decommission Date
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FID
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Description
FuelCell Energy’s and Toyota Motor North America’s “Tri-gen system” at Toyota’s Port of Long Beach operations.
The Tri-gen system, owned and operated by FuelCell Energy, produces renewable electricity, renewable hydrogen, and water from directed biogas.
FuelCell Energy contracted with Toyota to supply the products of Tri-gen under a 20-year purchase agreement.
Tri-gen enables Toyota Long Beach to be the company’s first port vehicle processing facility in the world powered by onsite-generated, 100 percent renewable energy.
Tri-gen produces a net 2.3-megawatts of renewable electricity for delivery, part of which will support the Toyota Logistics Services (TLS) Long Beach operations at the port, which processes approximately 200,000 new Toyota and Lexus vehicles annually.
The FuelCell Energy Tri-gen system can also produce up to 1,270 kg/day of hydrogen which will provide for TLS Long Beach’s fueling needs for its incoming light-duty passenger fuel cell electric vehicle (FCEV) Mirai, while also supplying hydrogen to the on-site heavy-duty hydrogen refueling station to support TLS logistics, drayage operations, and other heavy-duty FCEV commercial vehicles at the port.
Tri-gen’s hydrogen production process can co-produce up to 1,400 gallons of water per day which will be used by TLS Long Beach for car wash operations for vehicles that come into port before customer delivery. This will help decrease the use of constrained local water supplies by up to as much as half a million gallons per year.
Group 1001 and Franklin Park purchased the ITCs from a FuelCell Energy subsidiary that owns Tri-gen, which yielded approximately $6.3 million of net proceeds to FuelCell Energy received by the company in October 2023.
In addition, in a first-of-a-kind transaction under the agreement, FuelCell Energy will also sell to the investors the H2 PTCs generated over a 10-year period.