The ‘tortuous and sordid history’ of a state incentive for a powerful energy upstart
Lawmakers agreed last month to extend a vital subsidy for the Silicon Valley company, one that makes its pricey power generators more attractive to buyers such as hospitals, data centers and mega-retailers. . . “It would be a great disadvantage for the customers to no longer have this incentive,” said V. John White, a lobbyist for Fuel Cell Energy, a company that produces fuel cell generators. “It would undermine the ability to make these units economically feasible.”
