FuelCell Energy

FuelCell Energy, Inc. engages in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, and propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.

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FuelCell Energy reports revenue growth and cost management strategies

FuelCell Energy showed revenue growth and improved financial performance in Q1 2023, with a strong cash position.
Diversified revenue streams and cost management efforts are key strengths for the company.
Challenges include backlog reduction, R&D spending, and cost increases in certain contracts.
Opportunities lie in expansion plans, operational efficiencies, and clean energy initiatives for future growth.

FuelCell Energy reports strong revenue growth amidst financial challenges

FuelCell Energy reported strong revenue growth in Q2 2023 but faced financial challenges with a net loss and negative adjusted EBITDA. The company's focus on service agreements, key projects, and collaborations with Chart Industries positions it well for future growth.
While operational challenges like margin impacts and backlog decrease exist, FuelCell Energy has opportunities in distributed power generation, carbon capture solutions, and strategic partnerships. The commitment to executing the Powerhouse business strategy underscores a long-term growth outlook.
To address challenges and leverage opportunities, FuelCell Energy needs to manage financial performance, project delivery, and operational efficiency effectively. The company's emphasis on innovation, market expansion, and customer engagement will be critical for sustained success in the industry.

FuelCell Energy reports Q3 revenue decline but eyes global growth

FuelCell Energy is navigating challenges with declining revenues but maintains a strong cash position and strategic partnerships for growth.
The company's focus on renewable fuel solutions and legislative support worldwide aligns with its long-term growth strategy.
Despite facing uncertainties, FuelCell Energy remains optimistic about leveraging opportunities in global markets and maximizing benefits through tax credits and partnerships.

FuelCell Energy reports Q4 results, eyes EBITDA positivity and growth

FuelCell Energy's Q4 2023 performance reflects a decrease in revenues and a net loss, but the company maintains a strong cash position and is focused on achieving EBITDA positivity through project milestones and technology advancements.
While facing challenges in backlog reduction and lack of specific financial guidance, FuelCell Energy is capitalizing on strengths in carbon capture technology, solid oxide electrolysis, and operational efficiency to drive future growth.
Opportunities lie in planned investments, partnerships with ExxonMobil, advancements in clean energy solutions, and market expansion in Korea and hydrogen hubs, positioning FuelCell Energy for long-term success in the evolving energy landscape.
By addressing challenges, leveraging strengths, and seizing opportunities, FuelCell Energy aims to navigate uncertainties, drive innovation, and enhance market competitiveness to deliver sustainable value to stakeholders and investors.

FuelCell Energy reports Q1 revenue growth but faces cost challenges

FuelCell Energy's Q1 2024 performance reflects revenue generation but highlights the need for cost management to address significant net losses.
The company's strengths lie in its focus on clean energy solutions, solid oxide technology, and successful project execution, positioning it for future growth.
While facing challenges in cost management and funding uncertainties, FuelCell Energy has opportunities in Korea, technological advancements, and market expansion to drive revenue and innovation.

FuelCell Energy reports Q2 revenue growth and focuses on carbon capture opportunities

FuelCell Energy's Q2 2024 performance showcased revenue growth, strong cash position, and strategic cost management. Despite challenges with net loss and higher depreciation, the company emphasized technological advancements and partnerships. Opportunities lie in carbon capture applications, data center projects, and scaling the existing platform for future growth.

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FuelCell Energy, Inc. engages in the business of developing, designing, producing, constructing, and servicing high temperature fuel cells for clean electric power generation. It operates through the following geographical segments: the United States, South Korea, and Europe. The company was founded by Bernard Baker and Martin G. Klein in 1969 and is headquartered in Danbury, CT.

The shares of FuelCell Energy Inc (NASDAQ:FCEL) are up 5% at $6.78 this morning, following news that the company has reached a favorable settlement agreement with POSCO Energy, allowing FuelCell to sell its products in Asian markets.

Favorable Settlement Sends FuelCell Stock Higher

FuelCell Energy Inc (NASDAQ: FCEL) is trading higher Monday morning after the company reached a settlement agreement in its legal dispute with POSCO Energy. Pursuant to the agreement, FuelCell confirmed its exclusivity to sell its differentiated platform technology throughout Asia.

Why FuelCell Energy Shares Are Rising Today

DANBURY, Conn., Dec. 27, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today announced that POSCO Energy Co., Ltd. and its subsidiary, Korea Fuel Cell Co., Ltd., (collectively “POSCO”) have entered into a settlement agreement (the “Agreement”) with FuelCell Energy.

FuelCell Energy Reaches Favorable Settlement Agreement with POSCO Energy

FuelCell Energy (FCEL) closed the most recent trading day at $6.46, moving +0.94% from the previous trading session.

FuelCell Energy (FCEL) Outpaces Stock Market Gains: What You Should Know

FuelCell Energy's (FCEL) fiscal fourth-quarter earnings are likely to have benefited from the proper execution of projects and debt management.

FuelCell Energy (FCEL) to Report Q4 Earnings: What to Expect

FuelCell Energy (FCEL) closed the most recent trading day at $6.40, moving -0.16% from the previous trading session.

FuelCell Energy (FCEL) Stock Sinks As Market Gains: What You Should Know

DANBURY, Conn., Dec. 22, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy (Nasdaq: FCEL), a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy— today announced the upcoming release of its fourth quarter and fiscal year 2021 results prior to the Stock Market Open on Wednesday, December 29, 2021. FuelCell Energy is now classified by the Securities and Exchange Commission as a large accelerated filer, and as such the Company is required to file its annual report on form 10-K with the SEC no later than 60 days following the Company's fiscal year end of October 31st.

FuelCell Energy Announces Fourth Quarter and Fiscal Year 2021 Results Conference Call on December 29, 2021 at 8 A.M. Eastern Time

DANBURY, Conn., Dec. 17, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) — a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today announced that Joshua Dolger has been appointed by FuelCell Energy's Board of Directors as the Company's Executive Vice President, General Counsel and Corporate Secretary. Josh has been serving as interim General Counsel and Corporate Secretary since June 2021.

Appoints Joshua Dolger as FuelCell Energy's Executive Vice President, General Counsel and Corporate Secretary

DANBURY, Conn., Dec. 15, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy—announced today that the Company closed on a tax equity financing transaction with Franklin Park for the 7.4 megawatts (“MW”) fuel cell project located in Yaphank, Long Island, in New York (the “Project”). Franklin Park's tax equity commitment totals $12.7 million following the recent declaration of mechanical completion of the Project.

FuelCell Energy Closes Tax Equity Financing with Franklin Park for the 7.4 MW LIPA Yaphank Fuel Cell Project

In the latest trading session, FuelCell Energy (FCEL) closed at $6.89, marking a -0.58% move from the previous day.

FuelCell Energy (FCEL) Stock Moves -0.58%: What You Should Know

DANBURY, Conn., Dec. 06, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy— today announced that its Board of Directors has appointed Betsy Bingham to serve as a new independent director, effective December 3, 2021. Ms. Bingham is currently the Lean Operations Leader for GE Aviation. Named to this role in June 2021, she is responsible for leading GE Aviation's lean transformation and implementation of lean principles throughout the organization and daily operations. In addition, she has responsibility for Sustainability and Environmental, Health and Safety across the business.

Betsy Bingham Appointed to FuelCell Energy's Board of Directors

Bloom Energy

Plug Power

The stock market sell-off hit these hydrogen fuel-cell stocks hard.

Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Plunged on Friday

FuelCell Energy, Inc (NASDAQ: FCEL) has so far not received any meaningful boost from the $1.2 trillion infrastructure bill signed by President Joe Biden on Nov. 15, which allots about $9.5 billion toward the hydrogen energy industry and fuel cell technology. The stock is trading about 70% down from the Feb. 10 all-time high of $29.44, despite a global effort to move toward clean energy and a blow-out third-quarter earnings report where FuelCell beat estimates by a whopping 20%.

Why FuelCell Stock Could Be In For A Power Move If These Key Patterns Play Out

With tens of billions of dollars to be spent on U.S. environmental projects, the stage is set for a bullish move in FCEL stock. The post Carbon-Capture Deal Extension Should Put FuelCell Energy in Motion appeared first on InvestorPlace.

Carbon-Capture Deal Extension Should Put FuelCell Energy in Motion

Blink Charging

Novavax

Trading penny stocks next month? Check these tips and tricks out The post What Penny Stock Investors Need to Know About Trading in December appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

What Penny Stock Investors Need to Know About Trading in December

The hydrogen and fuel cell space has come back into focus, with the $1.2 trillion U.S. infrastructure bill being recently signed into law and the Build Back Better act being passed by the House. Back in January, we noted that Bloom Energy, a company that sells solid oxide fuel cell generators.

This Hydrogen Stock Is A Better Bet Compared To FuelCell Energy

FuelCell Energy Inc (NASDAQ: FCEL) is known as a leader in turn-key clean energy solutions, and over the past month has delivered eye-popping returns for traders and investors. What's more is that FuelCell stock's one-month return has outperformed several of 2021's most popular cryptocurrencies and stocks: Dogecoin (CRYPTO: DOGE), Litecoin (CRYPTO: LTC), Tesla Inc (NASDAQ: TSLA) and AMC Entertainment Holdings Inc (NYSE: AMC).

This Clean Energy Manufacturing Company Has A Better 1-Month Return Than Dogecoin, Litecoin, Tesla And Nio

Multiple catalysts drove investor interest in the fuel cell stock.

Why FuelCell Energy Rocketed This Week

Sunrun

FuelCell Energy, Inc (NASDAQ: FCEL) rallied 8.6% on Thursday along with several other clean energy stocks such as Plug Power, Inc (NASDAQ: PLUG) and Sunrun, Inc (NASDAQ: RUN), which rallied 8.1% and 7.7%, respectively. For technical traders, there were signs FuelCell was charging up for a run north due to patterns that had developed on the stock's chart.

FuelCell Charges Higher With Plug Power, Sunrun: What's Next?

Shares of clean energy and EV charging companies, including FuelCell Energy Inc (NASDAQ: FCEL) are trading higher following the recent Rivian IPO as well as recent House passage of a US infrastructure bill, which contains $7.5 billion of funding to create a nationwide network of EV charging stations. Investors also weighed US President Biden's recent speech at the COP26 climate summit, in which he addressed climate change goals.

Why FuelCell Shares Are Rising

Even after a big earnings miss this week, Wall Street is sticking with Plug Power.

Why Plug Power, Bloom Energy, and FuelCell Energy Just Popped

With the Federal Government and some states throwing their support to clean energy, there's now even more in FCEL stock's corner. The post The Infrastructure Bill Will Charge FuelCell Energy Stock Up Again appeared first on InvestorPlace.

The Infrastructure Bill Will Charge FuelCell Energy Stock Up Again

Plug Power reported remarkable revenue growth of 173% QoQ in FQ2'21. In contrast, FuelCell's revenue growth has declined over the last five years, with a CAGR of -7.67%.

Plug Power Vs. FuelCell Energy Stock: Which Is The Better Buy?

The stock price of FuelCell Energy Inc (NASDAQ: FCEL) increased by over 20% today. This is why it happened.

FuelCell Energy (FCEL) Stock: Why The Price Surged Today

Fuel cell stocks are expected to be big beneficiaries under Biden's infrastructure program.

News for FuelCell Energy Stock (FCEL)