FuelCell Energy Inc (FCEL)

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We are still 10 plus years away” for both the algae biofuels and carbonate fuel cells to be deployed at scale, according to Swarup, who said the company’s been focusing research on algae for eight years.

Swarup’s biggest priority is finding and developing projects that can be scaled to Exxon’s global reach. The company operates on six continents and had revenues of $198 billion last year, bigger than the combined economies of Qatar and Kuwait, two members of the Organization of Petroleum Exporting Countries.