Danbury-based FuelCell Energy, Inc., announced Thursday it will cut nearly 100 jobs, news which comes on the heels of a decision by the state to pass over several clean energy proposals submitted by the company.
The layoffs hit FuelCell Energy's production space in Torrington, as well as its corporate offices in Danbury. The company announced the elimination of 96 positions -- or 17 percent of its workforce.
Over the years, Connecticut has helped finance FuelCell's expansion with several low-interest loans and tax credits.
But just recently, the state Department of Energy and Environmental Protection eliminated several clean energy proposals submitted by the company -- including fuel cell projects in Montville and Willimantic.
FuelCell's stock has fallen in recent months, but in a statement, the company says it hopes to continue investing in Connecticut.
In early November, it announced the completion of a fuel cell project at Pfizer's research and development campus in Groton.
