Financing Fuel Cell Installations

In recent years, it has become increasingly apparent that improved financing arrangements for fuel cell installations can make a great difference in customers’ desire to purchase fuel cells. The emergence of new financing models is helping to give the industry increased momentum and faster growth. Leasing arrangements, power purchase agreements, and other creative financing approaches can make fuel cell installations more appealing and easier for end-use customers and for state clean energy agencies. Such financing models lower the amount of money the purchaser needs up front and reduce project risks.

CESA hosted this webinar to examine these financing models, with support from the US Department of Energy. The webinar features a representative from UTC Power to discuss the attractive financing options that company offers and the implications for future projects. A representative of ClearEdge Power explained the importance of the financing issue for the future success of the fuel cell industry and discussed the company’s plans to market residential fuel cell systems.

Presenters:

• Paul Rescsanski, Manager, Business Finance, UTC Power
• Ed Graham, Director, Global Strategic Sales, ClearEdge Power