16.10.2003: Meldung: FuelCell Energy and PPL Complete Direct FuelCell Power Plant

FuelCell Energy, Inc. and its U.S. distribution partner, PPL Energy Plus, a PPL Corporation subsidiary, today announced the installation of a clean and efficient Direct FuelCell(R) (DFC(R)) power plant for Starwood Hotels & Resorts Worldwide, Inc. , one of the world""s largest hotel and leisure companies.

The dedication ceremony marked the completion of the installation, commissioning and testing of the DFC300A power plant, which will provide 250 kilowatts of electric power as well as heat to the Sheraton Parsippany Hotel in Parsippany, New Jersey.

The DFC300A power plant, similar to the one installed at the Sheraton Hotel Raritan Center in Edison, N.J., provides about 25 percent of the hotel""s electricity and hot water. PPL will own, operate and maintain the DFC power plant.

The hotel projects in both Parsippany and Edison are part of a master energy service agreement that PPL and Starwood signed that could eventually lead to PPL installing DFC power plants at other Starwood properties across the United States.

"We are delighted to be working with PPL and Starwood, leaders in their commitment to implementing innovative and reliable energy solutions," said Herbert T. Nock, senior vice president of marketing and sales for FuelCell Energy, Inc. "Recent global blackouts revealed the vulnerability of constrained electric grid infrastructures and this dedication demonstrates that our DFC power plants are clean, efficient distributed generation solutions that are commercially ready today."

"We are pleased to see that our first hotel application of fuel cell system technology has been brought to successful closure with the installation of both the Sheraton Parsippany and Sheraton Edison energy fuel cell units," said David King, Vice President, Staff Operations, North America for Starwood. "It has been a rewarding experience working with both PPL and FCE on this important initiative and we look forward to working with them again on future energy fuel cell projects."

"PPL is proud to supply Starwood with an efficient, reliable on-site DFC power plant," said Micheal E. Kroboth, president - PPL Energy Services Holdings. "Today""s ceremony in Parsippany marks the fourth customer installation of DFC power plants in the last six months."

PPL also has DFC power plants operational in Cape Cod, Mass. and Bozeman, Mont. PPL has an equity investment in FuelCell Energy and is a distributor of its DFC products in the United States.

The DFC300A uses natural gas that will be supplied by New Jersey Natural Gas of Wall, N.J. H.T. Lyons, a PPL subsidiary based in Allentown, Pa., was responsible for the installation.

The New Jersey Clean Energy Program provided $860,000 in funding to PPL as part of its incentive program to encourage the use of clean and efficient technology.

About Direct FuelCells

Direct FuelCells efficiently generate clean electricity at distributed locations near the customer, including hospitals, schools, universities, hotels and other commercial and industrial facilities, as well as in grid support applications for utility customers. In essence, Direct FuelCells are like large, continuously operating batteries that generate electricity as long as fuel, such as natural gas, is supplied. Since the fuel is not burned, there is no pollution commonly associated with the combustion of fossil fuels. Because hydrogen is generated directly within the fuel cell module from readily available fuels such as natural gas and wastewater treatment gas, DFC power plants are ready today and do not require the creation of a hydrogen infrastructure. This high-efficiency technology generates more electric power from less fuel and with less carbon dioxide emissions than traditional methods using combustion.

About FuelCell Energy, Inc.

FuelCell Energy, Inc., based in Danbury, Connecticut, is a world leader in the development and manufacture of highly efficient hydrogen fuel cells for clean electric power generation, currently offering DFC power plant products ranging in size from 250 kilowatts to 2 megawatts for applications up to 50 megawatts.

The Company has developed commercial distribution alliances for its carbonate Direct FuelCell technology with MTU CFC Solutions GmbH, a company of DaimlerChrysler AG, in Europe; Marubeni Corporation in Asia; and Caterpillar, PPL Energy Plus, Chevron Energy Solutions and Alliance Power in the U.S. FuelCell Energy is developing Direct FuelCell technology for stationary power plants with the U.S. Department of Energy through its Office of Fossil Energy""s National Energy Technology Laboratory. More information is available at http://www.fuelcellenergy.com/.

About PPL Corporation

PPL Corporation, headquartered in Allentown, Pa., controls or owns nearly 11,500 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers electricity to customers in Pennsylvania, the United Kingdom and Latin America.

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world, with more than 740 properties in more than 80 countries and 105,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts.

This press release contains forward-looking statements, including statements regarding the Company""s plans and expectations regarding the development and commercialization of its fuel cell technology. All forward- looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, the risk that commercial field trials of the Company""s products will not occur when anticipated, general risks associated with product development, manufacturing, changes in the utility regulatory environment, potential volatility of energy prices, rapid technological change, and competition, as well as other risks set forth in the Company""s filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company""s expectations or any change in events, conditions or circumstances on which any such statement is based.

Donna R. Ferenz
Investor Relations and Communications
E-mail: dferenz@fce.com
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