FuelCell Energy(FCEL)

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FuelCell Energy Reports Second Quarter of Fiscal 2024 Results
Newsfilter· 2024-06-10 11:30
Second Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 millionGross loss of $(7.1) million compared to $(6.1) millionLoss from operations of $(41.4) million compared with $(35.9) millionNet loss per share was $(0.07) compared with $(0.09) DANBURY, Conn., June 10, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-a ...
FuelCell Energy Reports Second Quarter of Fiscal 2024 Results
GlobeNewswire News Room· 2024-06-10 11:30
Second Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 millionGross loss of $(7.1) million compared to $(6.1) millionLoss from operations of $(41.4) million compared with $(35.9) millionNet loss per share was $(0.07) compared with $(0.09) DANBURY, Conn., June 10, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the- ...
FuelCell Energy and Gyeonggi Green Energy Announce Agreement for Purchase of Fuel Cell Modules and Service Agreement for World's Largest Fuel Cell Power Platform
Newsfilter· 2024-05-28 16:46
DANBURY, Conn. and HWASEONG-SI, Korea, May 28, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) and Gyeonggi Green Energy Co., Ltd. (GGE), today announced that pursuant to a long term service agreement GGE has agreed to purchase 42 1.4-megawatt upgraded carbonate fuel cell modules from FuelCell Energy to replace existing fuel cell modules at the Hwaseong Baran Industrial Complex fuel cell power platform, the world's largest fuel cell power platform, located in Hwaseong-si. The agreement, which ...
FuelCell Energy and Gyeonggi Green Energy Announce Agreement for Purchase of Fuel Cell Modules and Service Agreement for World's Largest Fuel Cell Power Platform
globenewswire.com· 2024-05-28 16:46
DANBURY, Conn. and HWASEONG-SI, Korea, May 28, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Gyeonggi Green Energy Co., Ltd. (GGE), today announced that pursuant to a long term service agreement GGE has agreed to purchase 42 1.4-megawatt upgraded carbonate fuel cell modules from FuelCell Energy to replace existing fuel cell modules at the Hwaseong Baran Industrial Complex fuel cell power platform, the world’s largest fuel cell power platform, located in Hwaseong-si. The agreement, which ...
FuelCell Energy (FCEL) Stock Pops as Investors Eye Short Squeeze Targets
InvestorPlace· 2024-05-14 19:08
Popular speculative enterprise FuelCell Energy (NASDAQ:FCEL) — which specializes in fuel cell and electrolysis platforms for the decarbonization of power and the production of hydrogen — saw its shares pop on no company-specific news. Instead, the return of the meme-trading phenomenon has likely catapulted FCEL stock.On Sunday, Keith Gill — better known by his online moniker “Roaring Kitty” — posted a series of social media messages implying strongly that he was ready to take the helm of the meme-stock move ...
Why Clean Energy Stocks Collapsed This Week
The Motley Fool· 2024-05-10 18:16
Earnings season has been terrible for clean energy companies.The week couldn't have been much worse for clean energy companies that once had hopes of disrupting the energy industry. As interest rates rise and the market looks for profitable companies, there aren't many to be found in the clean energy industry.According to data provided by S&P Global Market Intelligence, shares of Nikola Corp (NKLA -7.74%) fell as much as 16.7% this week, FuelCell Energy (FCEL -4.11%) dropped 21.1%, and Sunnova Energy (NOVA ...
FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First "Tri-gen" Production System at the Port of Long Beach
Newsfilter· 2024-05-02 11:30
FuelCell Energy's Tri-gen technology produces three products: renewable electricity, renewable hydrogen, and usable waterMarks Toyota's first port vehicle processing facility in the world to be powered by onsite-generated, 100 percent renewable electricityBoth light-duty and Class 8 heavy-duty fuel cell electric vehicles have been fueled using Tri-gen generated renewable hydrogen LONG BEACH, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) and Toyota Motor North America, Inc. (To ...
FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First 'Tri-gen' Production System at the Port of Long Beach
Prnewswire· 2024-05-02 11:00
FuelCell Energy's Tri-gen technology produces three products: renewable electricity, renewable hydrogen, and usable water Marks Toyota's first port vehicle processing facility in the world to be powered by onsite-generated, 100 percent renewable electricity Both light-duty and Class 8 heavy-duty fuel cell electric vehicles have been fueled using Tri-gen generated renewable hydrogen LONG BEACH, Calif., May 2, 2024 /PRNewswire/ -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Toyota Motor North America, Inc. (To ...
FuelCell Energy Announces Debt Financing for Derby Power Projects
Newsfilter· 2024-04-29 12:00
Continuing Strong Support for FuelCell Energy Platforms Total of $13 Million in Senior and Subordinated Credit Facilities DANBURY, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (NASDAQ:FCEL) today announced that the Company closed on a project debt financing transaction with Liberty Bank and Connecticut Green Bank for the company's two fuel cell projects in Derby, Conn., which recently began operations. The financing is structured as back leverage to a project finance subsidiary of the Co ...
FCEL Stock: FuelCell Just Expanded Its Exxon Mobil Deal
InvestorPlace· 2024-04-08 18:41
FuelCell Energy (NASDAQ:FCEL) just announced an updated and extended joint development agreement with Exxon Mobil’s (NYSE:XOM) technology and engineering unit. The expanded deal centers on carbon fuel-cell technology which captures carbon dioxide emissions from industrial sources while “simultaneously generating electricity and hydrogen.” FCEL stock is popping up by roughly 3% as of this writing.According to a press release, FuelCell will continue to develop the underlying carbon-capture technology alongsid ...