NJ fuel cell partnership

GE Fuel Cell Systems has signed a memorandum of understanding with New Jersey Resources for the sale and marketing of commercial and residential fuel cell systems in New Jersey. The deal includes testing development of the Plug Power-manufactured units.

GE will initially provide New Jersey Resources with pre-commercial units for testing and the two companies will collaborate on market development. GE Fuel Cell Systems, a joint venture between GE Power Systems and Plug Power, aims to start selling units of up to 35 kW to the residential and commercial market in 2001.