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.

FuelCell Energy doubles revenue in Q4 2024, eyes growth

FuelCell Energy delivered strong financial performance in Q4 2024, doubling revenue year-over-year and ending with a solid cash position.
The company's strategic focus on core technologies and key growth areas like data centers and grid resiliency bodes well for future growth.
While facing challenges in maintaining margins and managing capacity, FuelCell Energy is poised to capitalize on opportunities in high-demand sectors.
Investors should take note of the company's positive outlook for fiscal year 2025, driven by expected revenue growth from key partnerships.

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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.

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So what did the stock market do today? Investors cheered on Pfizer stock and rallied behind infrastructure plays.

What Did the Stock Market Do Today, Aug. 23? 3 Big Stories to Catch Up On.

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Today, two key catalysts for fuel cell stocks are on watch, as investors clamor into this green energy space in a big way. The post Fuel Cell Stocks: Why BLDP, PLUG, FCEL Stocks Are Getting Green Today appeared first on InvestorPlace.

Fuel Cell Stocks: Why BLDP, PLUG, FCEL Stocks Are Getting Green Today

The stock price of FuelCell Energy, a company that designs, manufactures, and operates fuel cell power plants that work on natural gas or biogas, has seen its stock decline by about 3% over the last five trading days and remains down by about 12% over the last month.

Is FuelCell Energy Stock A Buy After Recent Drop?

DANBURY, Conn., Aug. 16, 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 Donna Sims Wilson to serve as a new independent director, effective August 13, 2021. Ms. Sims Wilson is currently Chief Operating Officer of Kah Capital Management, an alternative asset management firm, where she serves on the Management Committee, the Investment and Risk Management Committee, and is Chairman of the Valuation Committee. Donna is an advocate of diversity, equity and inclusion initiatives, and she helps businesses break down demographic, social and geographic barriers to achieve expanded levels of success. Additionally, Donna brings extensive corporate governance experience through her international corporate board service, leadership positions with numerous not for profit boards and working closely with institutional investors and analysts.

Donna Sims Wilson Appointed to FuelCell Energy's Board of Directors

It's a case of "buy the rumor, sell the news."

Why FuelCell Energy Stock Slumped Today

FuelCell Energy Inc (NASDAQ:FCEL) shares are trading lower by 8% at $6.92 Wednesday afternoon, pulling back from yesterday's strength. The stock gained on Tuesday following Senate passage of an infrastructure bill, which is expected to benefit clean energy names.

Why FuelCell's Stock Is Falling Today

Bloom Energy

Plug Power hints at rising demand for hydrogen fuel cells even as a bipartisan infrastructure plan is passed.

Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Rallied Today

The tide may have finally turned for FuelCell Energy, Inc. (NASDAQ:FCEL). After trending lower since early June when shares reached $12, the stock has broken its downtrend line and could be ready to rally.

Has The Tide Turned For FuelCell Stock?

FuelCell Energy Inc (NASDAQ: FCEL) closed on a tax equity financing transaction with East West Bank for the 7.4 megawatts fuel cell project located on the U.S. Navy Submarine Base in Groton, CT. East West Bank's tax equity commitment totals $15 million.

FuelCell Energy Closes $15M Tax Equity Financing For 7.4 MW US Navy Submarine Base Fuel Cell Project

The stock price of FuelCell Energy Inc (NASDAQ: FCEL) increased 14.06%. This is why it happened.

FCEL Stock Price Increased 14.06%: Why It Happened

Today, FCEL stock is on the move as the company announced financing for its fuel cell project on a U.S. submarine base. The post FCEL Stock: The $15M Reason FuelCell Energy Is Powering Up Today appeared first on InvestorPlace.

FCEL Stock: The $15M Reason FuelCell Energy Is Powering Up Today

Last week was chock-full of news about fuel cell companies -- but not all the news was good.

Why Ballard Power, Plug Power, Bloom Energy, and Especially FuelCell Energy Stocks Popped Today

Shares of EV, charging and clean energy vehicle stocks, including Plug Power Inc (NASDAQ:PLUG) and FuelCell Energy Inc (NASDAQ:FCEL) are trading higher Monday morning. Strength is possibly related to US infrastructure optimism, as clean energy has been a focus of the Biden administration.

So What's Up With Plug Power And FuelCell Today?

Plug Power Inc (NASDAQ: PLUG) shares are trading higher by 7.8% at $28.06 after the company reported better-than-expected second-quarter sales results and raised FY21 guidance. Plug Power reported quarterly losses of 18 cents per share and quarterly sales of $124.60 million, which beat the analyst consensus estimate of $114.02 million.

Why Plug Power's And FuelCell's Stocks Are So Charged Up After Hours

Investors realized the extra risks associated with the fuel cell maker.

Here's Why FuelCell Energy Stock Plunged More Than Its Peers in July

DANBURY, Conn., Aug. 02, 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 Andrea Jones joined its team as Chief People Officer. Andrea brings extensive experience to FuelCell Energy having built a career leading HR functions for several global organizations.

Andrea Jones Joins FuelCell Energy as Chief People Officer

Plug Power Inc (NASDAQ:PLUG) and FuelCell Energy Inc (NASDAQ:FCEL) are leaders in the clean energy manufacturing industry, but how have investors in the popular-again hydrogen fuel cell systems space managed over the last year? Here's how Plug Power vs.

Plug Power Vs. FuelCell: Which Clean Energy Stock Has Performed Better Over The Last Year?

Fusion Fuel Green

Ballard Power looks like the best of a bad bunch.

Why Fuel Cell Stocks Are Sinking Today

Shares of EV, charging and clean energy vehicle stocks, including FuelCell Energy Inc (NASDAQ:FCEL), are trading higher Wednesday morning. Strength is possibly related to US infrastructure optimism, as clean energy has been a focus of the Biden administration.

What's Going On With FuelCell Shares Today?

Can Bloom Energy succeed in doing what other fuel cell companies couldn't do?

Better Buy: FuelCell Energy vs. Bloom Energy

Enthusiasm for this familiar fuel cell name quickly waned after a troubling earnings report.

Why Shares of FuelCell Energy Slipped 20% in the First Half of 2021

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Carbon capture and storage/sequestration ("CCS") is needed mostly to help remove CO2 gases from power plants escaping into the atmosphere and to reduce global emissions. The CCS market size is projected to grow from USD 1.75 billion in 2019 to USD 6.3 billion by 2027, exhibiting a CAGR of 19.2% during the forecast period (2021-2028).

Carbon Capture And Storage Companies To Consider

DANBURY, Conn., July 12, 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 it has received a favorable ruling in a court case filed in the Court of Chancery in Delaware by POSCO Energy Co., Ltd. (POSCO Energy). On July 9, 2021, the Court issued a post-trial ruling denying POSCO Energy's summary statutory demand to inspect the Company's books and records because POSCO Energy lacks a proper purpose.  The Court held that the totality of the circumstances, including the fact this was the seventh legal action POSCO Energy initiated against the Company within the span of nine months, confirmed that POSCO Energy's purpose in initiating the books and records demand and filing the complaint was not proper.

FuelCell Energy Receives Court Case Win in the Court of Chancery in Delaware Versus Posco Energy

Due to FuelCell's dismal results and gigantic valuation, FCEL stock should be sold now. But it could turn into a buy down the road.

FuelCell's Outlook Has Strengthened, But FCEL Stock Remains a Sell

DANBURY, Conn., July 01, 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 the completion of site construction and commencement of commercial operation for its 1.4 megawatt SureSource 1500™ biofuels fuel cell project with the City of San Bernardino Municipal Water Department (SBMWD) in California. FuelCell Energy's platform eliminates the need for another flare in California. FuelCell Energy offers the only fuel cell power generation platform approved by the California Air Resource Board (CARB) for use with on-site biofuels. The commercial operation of this project adds 1.4 megawatts to the Company's generation fleet portfolio, bringing the total to 34 megawatts.

News for FuelCell Energy Stock (FCEL)