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Nuvera Announces DOE Fuel Cell Stack Project Awards

PRESS RELEASE: Billerica, MA, April 12, 2010 — Nuvera Fuel Cells announced today that the company has received two technical research awards from the U.S. Department of Energy (DOE) to increase the durability and performance of fuel cell stacks designed to meet DOE's 2015 cost and durability targets. Both projects support Nuvera's product development plans to reduce fuel cell capital and life cycle costs for both advanced automotive technology and next generation PowerEdge™ material handling products. Both projects are scheduled for completion in 2012. The overall value of these programs is $11.1 million, of which the DOE is directly funding $8.4 million.

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