FuelCell Energy & Oando Sign MOU for Large-Scale Green Hydrogen and Low-Carbon Energy Production in Africa
DANBURY, Conn., and LAGOS, Nigeria, Oct. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando Energy Resources (OER), a part of the Oando PLC group of companies, are pleased to announce the signing of a memorandum of understanding (MOU) to collaborate on the development of a 5 to 15-Megawatt (MW) power plant. In addition to FuelCell Energy’s fuel cell and electrolyzer technology, the agreement also inclu