FCEL Stock: FuelCell Just Expanded Its Exxon Mobil Deal

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 ...