reports
FuelCell Energy CEO Jason Few Applauds “One Big Beautiful Bill Act” as...
FuelCell Energy CEO Jason Few Applauds “One Big Beautiful Bill Act” as Catalyst for U.S. Clean Energy Leadership DANBURY, Conn., July 07, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the “One Big Beautiful Bill Act” (OBBBA) for its direct support of the fuel cell industry and its role in strengthening America’s energy infrastructure, data center resilience, and clean manufacturing base. “The ‘One Big Beautiful Bill Act’ is a landmark for American energy leadership—and it’s time to set the record straight: clean ...
FuelCell Energy Reports Second Quarter of Fiscal 2025 Results
FuelCell Energy Reports Second Quarter of Fiscal 2025 Results Second Quarter Fiscal 2025 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $37.4 million, compared to $22.4 million, an increase of approximately 67%Gross loss of $(9.4) million compared to $(7.1) million, an increase of approximately 33%Loss from operations of $(35.8) million compared with $(41.4) million, a decrease of approximately 13%Net loss per share was $(1.79) compared with $(2.18), a decrease of approximately 18%Backlog of $1.26 billion, compared to $1.06 billion, an increase of approximate...
FuelCell Energy Announces Second Quarter 2025 Results Conference Call ...
FuelCell Energy Announces Second Quarter 2025 Results Conference Call on June 6, 2025 at 10 A.M. Eastern Time DANBURY, Conn., May 28, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- announced the upcoming release of its second quarter 2025 results prior to the Stock Market Open on Friday, June 6, 2025. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Friday, June 6, 2025, to discuss the results and provide a business update. Participants can access the live call via webcast on the Company website o...
Tri-gen Receives U.S. Department of Energy 2025 Better Project Award
Tri-gen Receives U.S. Department of Energy 2025 Better Project Award LONG BEACH, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (FuelCell Energy) and Toyota Motor North America (TMNA) today announced that the first-of-its-kind at the Port of Long Beach has received the U.S. Department of Energy’s 2025 Better Project Award. The Better Project Award recognizes accomplishments at individual facilities for innovative and industry-leading accomplishments in implementing energy, water, and waste reduction efficiency measures. “Tri-gen is an excellent example of FuelCell Energy...
FuelCell Energy Announces Leadership Transition: Mike Hill Named Chief...
FuelCell Energy Announces Leadership Transition: Mike Hill Named Chief Commercial Officer to Replace Departing Mark Feasel DANBURY, Conn., April 30, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy (NASDAQ:FCEL) today announced a key commercial leadership transition. Industry veteran Mike Hill was appointed as the company’s new Chief Commercial Officer, replacing Mark Feasel. Hill brings extensive commercial experience in power generation, water, and hydraulics from his career with globally recognized companies, including General Electric, ABB, and, most recently, Danfoss Power Systems. FuelCel...
FuelCell Energy Participates in Innovation Agora as Part of Annual CER...
FuelCell Energy Participates in Innovation Agora as Part of Annual CERAWeek Conference Company highlights its low carbon power and hydrogen solutions. DANBURY, Conn., March 12, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) is pleased to announce that , senior product manager for solid oxide fuel cell and electrolyzer products, and , vice president of sales, are participating in Innovation Agora as part of the 2025 CERAWeek Conference taking place in Houston, Texas, this week. The conference’s programs “are designed to advance new ideas, insight and solutions to the bigg...
FuelCell Energy Reports First Quarter of Fiscal 2025 Results
FuelCell Energy Reports First Quarter of Fiscal 2025 Results First Quarter Fiscal 2025 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $19.0 million, compared to $16.7 millionGross loss of $(5.2) million compared to $(11.7) millionLoss from operations of $(32.9) million compared with $(42.5) millionNet loss per share was $(1.42) compared with $(1.37) DANBURY, Conn., March 11, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today reported financial results for its first quarter ended January 31, 2025. “We’ve made measurable strides since our g...
Diversified Energy, FuelCell Energy, and TESIAC Collaborate to Form an...
Diversified Energy, FuelCell Energy, and TESIAC Collaborate to Form an Acquisition and Development Company to Leverage Coal Mine Methane and Natural Gas for Off-Grid Data Center Power Projects Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation...
FuelCell Energy and Malaysia Marine and Heavy Engineering Sdn Bhd Coll...
FuelCell Energy and Malaysia Marine and Heavy Engineering Sdn Bhd Collaborate under a Joint Development Agreement for Detailed Feasibility Study Award for Low-Carbon Fuel Production Facility in Malaysia DANBURY, Conn. and KUALA LUMPUR, Malaysia, March 06, 2025 (GLOBE NEWSWIRE) -- The collaborative journey for both FuelCell Energy and MHB started with a memorandum of understanding in February 2023 on developing hydrogen production facilities across Asia, New Zealand, and Australia. The collaboration, under the Joint Development Agreement, will support a Detailed Feasibility Study for a lo...
FuelCell Energy Announces First Quarter 2025 Results Conference Call o...
FuelCell Energy Announces First Quarter 2025 Results Conference Call on March 11, 2025 at 10 A.M. Eastern Time DANBURY, Conn., March 04, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- announced the upcoming release of its first quarter 2025 results prior to the Stock Market Open on Tuesday, March 11, 2025. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Tuesday, March 11, 2025, to discuss the results and provide a business update. Participants can access the live call via webcast on the Company w...
FuelCell Energy Releases 2024 Annual and Sustainability Reports
FuelCell Energy Releases 2024 Annual and Sustainability Reports DANBURY, Conn., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has released its 2024 Annual Report and 2024 Sustainability Report. The publications include information and analysis on the company’s business performance in fiscal year 2024 and its progress against its sustainability goals. The 2024 Annual ReportThe 2024 Annual Report provides shareholders with a comprehensive overview of FuelCell Energy’s financial performance, key achievements, strategic initiatives implemented throughout the year, ...
Idaho National Laboratory Testing of FuelCell Energy’s Electrolyzer to...
Idaho National Laboratory Testing of FuelCell Energy’s Electrolyzer to Show Further Commercialization Opportunity for Nuclear Power Plants Largest and first fully integrated electrolyzer to be tested at Idaho National Laboratory.Testing to validate 100% electrical efficiency with nuclear integration.Hydrogen production capabilities show multiple uses of nuclear energy for energy production.System can provide critical grid support through production of clean hydrogen at lower cost. DANBURY, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy (NASDAQ:FCEL) announced that its solid o...
FuelCell Energy Announces $160 Million Contract to Support Hartford Ar...
FuelCell Energy Announces $160 Million Contract to Support Hartford Area Grid DANBURY, Conn., Jan. 22, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a Connecticut-based global leader in delivering clean, innovative fuel cell solutions for the supply, recovery, and storage of energy, announced that it will build a 7.4 MW fuel cell power plant in Hartford, Conn. The project will deliver Class 1 renewable baseload power to the local grid in support of the state’s Renewable Portfolio Standard. The power produced by the fuel cell plant will be sold to the local distribution u...
FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2024 Resul...
FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2024 Results Fourth Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $49.3 million, compared to $22.5 millionGross loss of $(10.9) million compared to $(1.5) millionLoss from operations of $(41.0) million compared with $(36.4) millionNet loss per share was $(2.21) compared with $(2.07) Fiscal Year 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $112.1 million, compared to $123.4 millionGross loss of $(35.9) million compared to $(10.5) millionLoss...
FuelCell Energy Announces Fourth Quarter and Fiscal Year 2024 Results ...
FuelCell Energy Announces Fourth Quarter and Fiscal Year 2024 Results Conference Call on December 19, 2024 at 10 A.M. Eastern Time DANBURY, Conn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- announced the upcoming release of its fourth quarter and fiscal year 2024 results prior to the Stock Market Open on Thursday, December 19, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, December 19, 2024, to discuss the results and provide a business update. Participants can acces...
FuelCell Energy Announces Global Restructuring, Focusing Core Technolo...
FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth Go-forward strategy will emphasize topline revenue growth and future profitability.Company to reduce total operating costs by an estimated 15% in fiscal year 2025. DANBURY, Conn., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced a global restructuring of its operations in the U.S., Canada, and Germany that aims to significantly reduce operating costs, realign resources toward advancing the company’s core te...
FuelCell Energy Announces 1-For-30 Reverse Stock Split
FuelCell Energy Announces 1-For-30 Reverse Stock Split DANBURY, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that a 1-for-30 reverse stock split of its issued and outstanding shares of common stock will become effective at 5:00 p.m., Eastern time, on November 8, 2024, and that trading of the Company’s common stock on a post-split basis on The Nasdaq Global Market is expected to begin on November 11, 2024. Today, the Company filed a Certificate of Amendment of the Certificate of Incorporation of the Company with the Secretary of State of th...
FuelCell Energy Secures Project Financing from Export-Import Bank for ...
FuelCell Energy Secures Project Financing from Export-Import Bank for Fuel Cell Projects with Gyeonggi Green Energy Company to receive approximately $9.4 million in debt financing; FuelCell Energy to pursue additional financing to support the working capital needs of this transactionFinancing to support purchase agreement for forty-two 1.4-megawatt upgraded carbonate fuel cell modules to replace existing units at GGE’s Hwaseong Baran Industrial Complex DANBURY, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that it has closed on a project ...
FuelCell Energy and KHNP to Pursue Clean Hydrogen Production Projects ...
FuelCell Energy and KHNP to Pursue Clean Hydrogen Production Projects in Korea DANBURY, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Korea Hydro & Nuclear Power Co., Ltd (KHNP) announced that the two companies have agreed to jointly pursue hydrogen energy business initiatives and have signed a memorandum of understanding (MOU) outlining the possibilities. The cooperative approach will focus on the development and implementation of advanced energy solutions using FuelCell Energy’s solid oxide electrolysis hydrogen platform and KHNP’s nuclear power pl...
FuelCell Energy Reports Third Quarter of Fiscal 2024 Results
FuelCell Energy Reports Third Quarter of Fiscal 2024 Results (All comparisons are year-over-year unless otherwise noted) Revenue of $23.7 million compared to $25.5 millionGross loss of $(6.2) million compared to $(8.2) millionLoss from operations of $(33.6) million compared with $(41.4) millionNet loss per share was $(0.07) compared with $(0.06) which included a $0.04 one-time debt extinguishment benefit in the third quarter of 2023 DANBURY, Conn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today reported financial results for its third quart...
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