Fuelcell Energy Inc is a company that specializes in the development and production of fuel cell technology for clean energy generation. It focuses on providing innovative solutions that convert hydrogen and other fuels into electricity with low emissions, aiming to address the growing demand for sustainable energy sources. The company offers a range of products and services, including modular fuel cell power plants and supporting technologies, catering to various applications such as utility-scale power generation, distributed generation, and carbon capture solutions. Through its advanced technology, Fuelcell Energy aims to contribute to a greener future by promoting the use of hydrogen and renewable energy.
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.
FuelCell Energy shares are trading lower by 12.7% to 30 cents Thursday morning. The company announced a 1-for-30 reverse stock split of its common stock.
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 technologies, and protect the company’s competitive position amid slower-than-expected investments in clean energy.
Shares of FuelCell Energy, Inc. (NASDAQ: FCEL) are trading lower Tuesday, potentially in response to Plug Power's (NASDAQ: PLUG) disappointing third-quarter financial report. Here's what you need to know.
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.
Clean hydrogen firms offer a compelling technology but have so far failed to deliver for investors; these are some of the pros and cons of leading firms.
DANBURY, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that it has closed on a project debt financing transaction with the Export-Import Bank of the United States (EXIM) for the company’s fuel cell projects with Gyeonggi Green Energy (GGE). This financing is part of EXIM's Project & Structured Finance program, which helps U.S. exporters compete globally in the natural resource and infrastructure sectors.
FuelCell Energy and Korea Hydro & Nuclear Power signed an MOU to collaborate on hydrogen energy solutions using FCEL's technology and KHNP's nuclear plants, aiming to diversify South Korea's hydrogen supply.
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.
DANBURY, Conn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced its participation in a discussion on “Scaling Critical Technologies in Hydrogen Production” at Investing in Green Hydrogen 2024 (IGH2024). IGH2024 on Sept. 2-3, 2024, at the Queen Elizabeth II Centre in London.
DANBURY, Conn., Aug. 27, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today announced the upcoming release of its third quarter of fiscal 2024 results prior to the Stock Market Open on Thursday, September 5, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, September 5, 2024, to discuss the results and provide a business update.
FuelCell Energy received a CAD$5.9 million grant from Natural Resources Canada's Clean Fuels Fund for two projects using its electrolyzer technology to produce low-carbon synthetic diesel fuels.
