Fuel Cells in 2017 Are Where Solar Was in 2002

By [email protected] The fuel cell sector posted a third year of steady growth in 2017.

The latest Fuel Cell Industry Review by London-based consulting firm E4tech estimates that megawatts shipped rose to 670 megawatts this year, marking a 30 percent year-over-year increase.

Factoring in market expansions of 73 percent in 2016 and 61 percent in 2015, fuel cell industry volumes have more than tripled over the past three years. They could rise again by half in 2018, with an estimated 335 megawatts of additional shipments, reaching the 1,000-megawatt level for the year.

These volumes and growth rates are consistent with those seen in solar and

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