ClearEdge Power, Inc. was afuel cell manufacturer focusing on thestationary fuel cell. It was headquartered inSouth Windsor, Connecticut, U.S. The company employed 225 people as of August 2011.^[2] It closed its operations in Connecticut in April 2014,^[3] and filed for Chapter 11 bankruptcy protection in May 2014.^[4][5] The company's assets were purchased out of bankruptcy byDoosan Fuel Cell America, Inc.^[6][7]

Doosan Fuel Cell America, Inc.

Company type	Subsidiary
Industry	Alternative energy
Founded	2014
Headquarters	South Windsor, Connecticut, USA 37°22′55″N122°00′31″W / 37.38201°N 122.00848°W /37.38201; -122.00848
Key people	Jeff Hyungrak Chung, President and CEO[1]
Products	Fuel cells
Parent	Doosan Group
Website	www.doosanfuelcellamerica.com/en/

ClearEdge Power, Inc. was founded in 2003 as Quantum Leap Technology by Ed Davis and^[8][9] after Brett Vinsant and Ed Davis created the company's fuel cell in their garages in Hillsboro, Oregon.^[10] In August 2005, Quantum Leap changed its name to ClearEdge Power.^[9] In January 2006, they received a $2 million investment from a subsidiary ofApplied Materials.^[11] At that time the company built fuel cell systems to produceback-up power and for continuous power applications.^[11] By May 2007, the company had grown to 20 employees and had raised $10 million in venture capital.^[12] In early 2008, ClearEdge sold and installed its first fuel cell unit.^[13]

ClearEdge received an additional $11 million in venture capital fromKohlberg Ventures LLC in January 2009.^[14] On May 1, 2009, Russell Ford became the chief executive officer of the then 40-employee company,^[15] with Slangerup joining the board of directors.^[8]

The company expanded the 55,000-square-foot (5,100 m²) headquarters to 80,000 square feet (7,400 m²) in December 2009 after receiving an additional $15 million in venture capital from Kohlberg Ventures.^[16] At that time the company had grown to 150 employees, and 95% of all capital raised came from Kohlberg Ventures.^[8] ClearEdge raised a total of $29 million from Kohlberg in 2009 alone.^[17] In November 2009, the company began to ship a five kilowatt fuel cell and had orders for 300 of the units by December 2009.^[18][19] ClearEdge gained $11 million more in private financing in January 2010.^[20][21]

In February 2010, a fuel cell was installed at a Hillsboro Fire Department station; local dignitaries included CongressmanDavid Wu.^[22] Wu’s district includes ClearEdge’s headquarters in Hillsboro, and Wu sponsored several bills that would provide tax credits for fuel cell customers.^[22][23][24] ClearEdge backed one of the bills, which would increase the federal tax credit for installing a fuel cell at a residence to be same as for businesses.^[23][25] Neither of Wu's bills made it out of committee.

ClearEdge signed a $40 million deal in June 2010 to supply 800 fuel cells to Korean basedLS Industrial Systems over a three-year period.^[26][27] LS Industrial Systems would sell the ClearEdge5 units in Korea, which had recently required 10 percent of power on new construction come from renewable power.^[28] This was the first large contract for the company outside of its core California market.^[26] The company planned to build 1,000 units in 2010, and double that in 2011.^[10] ClearEdge was awarded a $2.8 million federal Department of Energy grant that would allow them to provide 38 fuel cells to ten different organizations including a grocery store and community college.^[29] They raised $73.5 million in private equity funding in August 2011 to help expand sales to Europe and South Korea.^[2]

In December 2012, ClearEdge reached an agreement withUnited Technologies Corp. to buy its fuel cell business, UTC Power.^[30] In February 2013, ClearEdge closed on its acquisition of UTC Power.^[31] The next month, the company reduced its workforce by 39%, with many layoffs coming at the former UTC unit.^[32] Later that month the company announced it had raised another $36 million in capital.^[33] In 2013, the company relocated its headquarters to Sunnyvale, California.^[34] The former UTC unit in Connecticut was then closed without warning in April 2014 as the company weighed filing for bankruptcy protection.^[3]

In July 2014, ClearEdge was purchased out of bankruptcy by Doosan Fuel Cell America, Inc. for 32.4 million, plus debt.^[6][7]

Doosan Fuel Cell America, Inc.'s headquarters are in South Windsor, Connecticut. The main product is a four hundred kilowatt fuel cell.

The fuel cell is powered by natural gas which a membrane breaks down into water, heat, carbon dioxide (CO₂), and hydrogen, with the latter passing through a second membrane where electricity is generated.^[18] Themicro combined heat and power fuel cell have approximately 85% totalfuel efficiency.^[13][18] PEM fuel systems have an electric efficiency of about 60% .^[24]

• Emergency power system

• 10 Fuel Cell Startups Hot on Bloom Energy’s TrailArchived 2011-12-15 at theWayback Machine - earth2tech