FuelCell Energy, Inc. is engaged in the development and manufacture of fuel cell power plants for electric power generation. The Company's core carbonate fuel cell products (Direct FuelCell or DFC Power Plants) offer stationary power generation applications for commercial, industrial, government and utility customers. The Company also develops its next generation of carbonate fuel cell and hybrid products, as well as planar solid oxide fuel cell (SOFC) technology with its own and government research and development funds. Its carbonate DFC power plants electrochemically produce electricity directly from readily available hydrocarbon fuels, such as natural gas and biomass fuels. Its core products, the DFC300MA, DFC1500MA and DFC3000, are rated in capacity at 300 kilowatt, w.2 megawatt and 2.4 megawatt, respectively. As of October 31, 2006, the Company's products had generated over 150-million-kilowatt-hours of electricity and it has units operating at over 50 locations worldwide.