How FuelCell Energy, Inc. (FCEL) Hopes to Power Earnings Higher

But a potentially even larger market for FuelCell Energy, Inc. (NASDAQ:FCEL) could come from landfill gas. In late February, the company got a contract in western Canada to build a fuel-cell power plant in proximity to a source of cleaned landfill gas. Although the partner involved in the Canadian project isn’t very large, U.S. companies Waste Management, Inc. (NYSE:WM) and Covanta Holding Corp (NYSE:CVA) have both ramped up their waste-to-renewable-energy presence. Although some of that gas will likely get used in fueling waste-collection trucks, engaging FuelCell Energy, Inc. (NASDAQ:FCEL) to make better use of whatever gas isn’t needed for internal use could prove to be an easier solution than building infrastructure to transport the gas elsewhere.

In FuelCell Energy, Inc. (NASDAQ:FCEL)’s report, watch for the latest updates on where the company sees its future projects coming from. With so many directions to consider, FuelCell needs to stay focused on those projects with the highest probabilities of success in order to ensure its future prosperity.

The article How FuelCell Energy Hopes to Power Earnings Higher originally appeared on Fool.com.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends Dominion Resources, Inc. (NYSE:D) and Waste Management, Inc. (NYSE:WM). The Motley Fool owns shares of Waste Management.

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