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U.S. fuel-cell maker ClearEdge Power said Tuesday it has signed a $500 million supply contract with an Austrian clean-energy firm in a relatively large deal for the fledgling industry. The privately held U.S. company makes five-kilowatt stationary fuel cells that can be powered by natural gas, or gas made from bio-materials, to generate electricity. Under the $500 million contract it signed with Gussing Renewable Energy, ClearEdge plans to deliver 50 megawatts of its fuel cells, or roughly 10,000 units, to the Gussing, Austria-based company over nine years. ClearEdge said the deal and the company's plans to gradually scale up manufacturing at its Hillsboro, Ore., factory, were made possible by $73.5 million in equity financing the company raised in August. "It's huge," ClearEdge Chief Executive Russell Ford said in an interview. "It allows us to scale up the technology in the field," and "gives us ... (Read Full Article)