Annual Report to Security Holders


Please note that this filing was generated from a paper submission to the
Securities and Exchange Commission and was not filed electronically.

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<CONFORMED-NAME>FUELCELL ENERGY INC
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<IRS-NUMBER>060853042
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1031
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<PHONE>2038256000
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<FORMER-CONFORMED-NAME>ENERGY RESEARCH CORP /NY/
<DATE-CHANGED>19930328
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This document was generated as part of a paper submission.
Please reference the Document Control Number 05045890 for access to the original document.
</TEXT>
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