World Fuel Cell Market

Date: 2016-08

Fuel cells are devices that convert chemical energy into electrical energy through series of chemical reactions. Total investment through venture capital and private equity investment in fuel cell companies in US accounted to $389.4 million between 2009 and 2011. Increase in need for zero emission energy sources and environmental awareness are driving the fuel cell market. More than 34 companies produced 30 plus MW of stationary power in 2011.

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