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.

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.

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.

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.

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.

(All comparisons are year-over-year unless otherwise noted)

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.

Company’s solid oxide electrolysis technology playing central role

DANBURY, Conn., Aug. 20, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that it plans to hold a special meeting of its stockholders (the “Special Meeting”) on October 31, 2024 to consider and vote on a proposal to authorize the Company’s Board of Directors (the “Board”) to effect a reverse stock split of the Company’s common stock through an amendment to the Company’s Certificate of Incorporation, as amended.

Carbon is concentrated and captured, purified, and stored for later use in food and beverage production contributing to food security

Executives gather with Industry Leaders to Discuss Energy Transition, Enabling Technologies, and Introduce New Market GM

STORRS, Conn. and DANBURY, Conn., June 25, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and the University of Connecticut (UConn) have announced that UConn will use FuelCell Energy’s solid oxide fuel cell technology for its Innovation Partnership Building (IPB) at the UConn Tech Park on its Storrs Campus.

EQNX::TICKER_START (OTCQB:CHHYF),(TSXV:CH),(NYSE:BE),(NASDAQ:NNE),(NASDAQ:PLUG),(NASDAQ:FCEL) EQNX::TICKER_END

The artificial intelligence (AI) revolution is sparking the growth of data centers. Data centers require lots of power and stable backup power to operate

PALM BEACH, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The green hydrogen market is experiencing rapid growth, driven by global efforts to reduce carbon emissions and advancements in electrolysis and renewables. Government support through policies and investments is also boosting growth. Its versatility and scalability make green hydrogen a key player in the transition to sustainable energy. The market is even being propelled by its increasing use in fuel cell electric vehicles (FCEVs) and high-energy-intensive industries like steel and ammonia production, further driving demand and market expansion. A report from MarketsAndMarkets said: “The green hydrogen market was valued at USD 1.1 billion in 2023 and is projected to reach USD $30.6 Billion by 2030, growing at 61.1% CAGR from 2023 to 2030.” The report said: “Hydrogen's versatility has expanded beyond its traditional role in fuel cells for electric vehicles, now encompassing the production of alternative fuels like ammonia, methanol, and synthetic liquids. These energy carriers are gaining prominence and are poised to drive future demand. In developing economies, green hydrogen presents a pathway to a low-carbon future, offering a nearly carbon-free fuel option for marine transportation, hydrogen fuel cells in electric vehicles (EVs), and industrial backup power. The diverse array of applications positions the green hydrogen sector as a lucrative venture with significant growth potential. The market for green hydrogen in vehicle fuel cells is rapidly evolving, providing the convenience of fossil fuels without the associated emissions.” Active companies in the markets this week include Charbone Hydrogen Corporation (OTCQB: CHHYF) (TSXV: CH), Bloom Energy (NYSE: BE), NANO Nuclear Energy Inc. (NASDAQ: NNE), Plug Power Inc. (NASDAQ: PLUG), FuelCell Energy, Inc. (NASDAQ: FCEL).

FuelCell had a better-than-expected quarter, not a good one, but losses are mounting, and the stock dilution worsened; additional share sales should be expected

Second Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted)

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.

DANBURY, Conn., May 22, 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 second quarter of fiscal 2024 results prior to the Stock Market Open on Monday, June 10, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Monday, June 10, 2024, to discuss the results and provide a business update.

LONG BEACH, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Toyota Motor North America, Inc. (Toyota) are celebrating the grand opening of the first-of-its-kind “Tri-gen” system at the Port of Long Beach, California, today. Tri-gen uses biogas to produce renewable electricity, renewable hydrogen, and usable water, and was built to support the vehicle processing and distribution center for Toyota Logistics Services (TLS) at Long Beach, Toyota’s largest North American vehicle processing facility that receives approximately 200,000 new Toyota and Lexus vehicles annually.

Automotive and aerospace industry executive with deep expertise inadvanced manufacturing systems, scaling manufacturing, and technology

Continuing Strong Support for FuelCell Energy Platforms

Sewer District will use FCE’s energy delivery and emissions management platform to create clean electricity from onsite biofuel

DANBURY, Conn., April 08, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and ExxonMobil Technology and Engineering Company (EMTEC) have updated and extended a joint development agreement (JDA) governing the companies’ development of unique technology that captures CO2 emissions directly from industrial sources while producing electricity and hydrogen simultaneously. As a result, access to the technology could be accelerated for commercial customers.