Commissioning of Louisiana hydrogen plant, global electrolyzer momentum, and improved cash flow positions Plug for continued commercial growth SLINGERLANDS, N.Y., May 12, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced its financial results and operational milestones for the first quarter ended March 31, 2025. The Company delivered... Read more
SAN JOSE, Calif. / May 08, 2025 / Business Wire / Bloom Energy Corporation (NYSE: BE) today announced that on May 7, 2025, it entered into privately negotiated exchange agreements (the “Exchange Agreements”) with holders of its 2.50% green convertible senior notes due 2025 (the “2025 Convertible Notes”). Pursuant to the Exchange Agreements, Bloom Energy will exchange (the “Exchange Transaction”) approximately $112.8... Read more
VANCOUVER, BC, May 6, 2025 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2025. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Highlights (comparisons are to Q1 2024): Revenue of $15.4 million, up... Read more
SLINGERLANDS, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced the initial closing of its previously announced $525 million secured term loan facility with Yorkville Advisors. The initial tranche in an aggregate principal amount of $210 million was drawn and funded. Commensurate with establishing this facility, the company... Read more
First quarter revenues of $8.2 billion; GAAP1 Net Income of $824 million, or 10.1% of sales EBITDA in the first quarter was 17.9% of sales; Diluted EPS of $5.96 COLUMBUS, Ind. / May 05, 2025 / Business Wire / Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2025. “The company delivered strong financial results in the first quarter of 2025 led by record performance in our Power Systems... Read more
Record Q1 revenue with 38.6% year over year growth Reaffirming 2025 revenue and margin guidance SAN JOSE, Calif. / Apr 30, 2025 / Business Wire / Bloom Energy Corporation (NYSE: BE) reported today its financial results for the first quarter ended March 31, 2025. The company reported revenue of $326.0 million for the first quarter of 2025. First Quarter Highlights Revenue of $326.0 million in the first... Read more
ANAHEIM, Calif., April 29, 2025 /PRNewswire/ -- Rehlko and Toyota Motor North America (Toyota) today announced at the Advanced Clean Transportation Expo a supplier agreement wherein Toyota will provide its hydrogen-powered fuel cell modules to Rehlko, a global leader in energy resilience, for use in stationary power generator products. The agreement... Read more
COLUMBUS, Ind. / Apr 09, 2025 / Business Wire / Cummins Inc. (NYSE: CMI) announced today that John Gaidoo has been appointed as Vice President and Chief Legal Officer, effective June 1. He will succeed Nicole Lamb-Hale following her transition to Chief Administrative Officer and Corporate Secretary. "Throughout his 14-year tenure at Cummins, John has significantly impacted our company's success, the teams he leads... Read more
SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) -- STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen projects with Toyota Material Handling Europe, a supplier of hydrogen fuel cell material handling equipment, and Plug Power, a provider of end-to-end green... Read more
New Technology Leverages Renewable Energy Solutions and Advances Conagra's Climate Change Goals CHICAGO, April 1, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) and Bloom Energy (NYSE: BE), a global leader in power solutions, today announced they will collaborate to utilize Bloom's fuel cell technology at Conagra's Troy and Archbold, Ohio production facilities. The 15-year PPA (power purchase agreement)... Read more
LIVERMORE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has received the go-ahead decision from Airbus, a leading aircraft manufacturer, to proceed with Phase Two of the parties’ joint benchmarking project for an optimized Ion Pair™ Membrane Electrode Assembly... Read more
SLINGERLANDS, N.Y., March 19, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the pricing of its underwritten registered offering of 46,500,000 shares of its common stock and in lieu of common stock, pre-funded warrants to purchase 138,930,464 shares of its common stock (together “Common Stock... Read more
GUADALAJARA, Spain / Mar 18, 2025 / Business Wire / Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], hosted Spanish Prime Minister Pedro Sánchez and other government officials at its state-of-the-art electrolyzer manufacturing facility in Guadalajara, Castilla-la Mancha, Spain. The visit highlighted Accelera's important role in enabling the European Union (EU) and Spain's energy... Read more
VANCOUVER, BC, March 13, 2025 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the fourth quarter ended December 31, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "2024 was a tough year for the hydrogen and fuel cell industry," stated Randy... Read more
First Quarter Fiscal 2025 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $19.0 million, compared to $16.7 million Gross loss of $(5.2) million compared to $(11.7) million Loss from operations of $(32.9) million compared with $(42.5) million Net loss per share was $(1.42) compared with $(1.37) DANBURY, Conn., March 11, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:... Read more
LIVERMORE, Calif. and ATHENS, Greece, March 11, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that the European Climate, Infrastructure and Environment Executive Agency (CINEA) and Advent’s wholly owned Greek subsidiary, Advanced Energy Technologies S.A. have... Read more
VANCOUVER, BC, March 4, 2025 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced a multi-year supply agreement from Manufacturing Commercial Vehicles ('MCV', www.mcv-eg.com), a leading commercial vehicle manufacturer based in Egypt, for fuel cell engines totaling approximately 5 MW. The supply agreement for 50 FCmove®-HD+ engines, and initial order of 35 units, represents the continued... Read more
SAN JOSE, Calif. / Feb 27, 2025 / Business Wire / Bloom Energy Corporation (NYSE: BE) reported today its financial results for the fourth quarter and the full year ended December 31, 2024. The company had record revenue of $1.47 billion for the full year driven by continued growth in product and service revenue. Fourth Quarter Highlights Revenue of $572.4 million in the fourth quarter of 2024, an increase of... Read more
DANBURY, Conn., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has released its 2024 Annual Report and 2024 Sustainability Report. The publications include information and analysis on the company’s business performance in fiscal year 2024 and its progress against its sustainability goals. The 2024 Annual ReportThe 2024 Annual Report provides shareholders with a comprehensive overview of... Read more
Partnership Will Pave the Way for a Cost-Effective Path to Decarbonization Using Natural Gas and Sequestration Offers Scalable, Near-Zero Approach That Uses Existing Fuel Infrastructure to Meet Today’s Urgent Energy Needs SAN JOSE, Calif. / Feb 13, 2025 / Business Wire / Bloom Energy (NYSE: BE), a global leader in fuel cell electricity generation, and Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global... Read more
COLUMBUS, Ind. / Feb 11, 2025 / Business Wire / Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], will supply a 100-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for bp's Lingen green hydrogen project in Germany. This project, bp's largest hydrogen production plant to date, will utilize Accelera's advanced HyLYZER® PEM electrolyzer technology. The... Read more
ATHENS, Greece, Feb. 11, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ADN) Advent Technologies Holdings, Inc. through its wholly-owned subsidiary, Advent Technologies, SA is pleased to announce the launch of the RESCUE project, a strategic initiative funded under the HORIZON-JTI-CLEANH2-2024-04-01 call for "Portable Fuel Cells for Backup Power During Natural Disasters to Support Critical Infrastructures." The four year... Read more
Largest and first fully integrated electrolyzer to be tested at Idaho National Laboratory. Testing to validate 100% electrical efficiency with nuclear integration. Hydrogen production capabilities show multiple uses of nuclear energy for energy production. System can provide critical grid support through production of clean hydrogen at lower... Read more
Fourth quarter revenues of $8.4 billion; GAAP1 Net Income of $418 million, or 4.9% of sales EBITDA in the fourth quarter was 12.1% of sales; Diluted EPS of $3.02 Fourth quarter results include $312 million, or $2.14 per diluted share, of Accelera strategic reorganization actions, of which $305 million were non-cash charges Full year 2024 revenues of $34.1 billion; GAAP1 Net Income of $3.9 billion, or 11.6% of... Read more
DANBURY, Conn., Jan. 22, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a Connecticut-based global leader in delivering clean, innovative fuel cell solutions for the supply, recovery, and storage of energy, announced that it will build a 7.4 MW fuel cell power plant in Hartford, Conn. The project will deliver Class 1 renewable baseload power... Read more
According to New Power Report, AI Needs Are Driving Data Centers to Adopt Energy Sources Beyond The Grid SAN JOSE, Calif. / Jan 21, 2025 / Business Wire / As the energy needs of data centers continue to significantly outpace supply, a new report from Bloom Energy (NYSE: BE), a global leader in power solutions, predicts that 35 GW of data center capacity will be announced within the next five years — equivalent... Read more
Loan guarantee supports Plug’s domestic hydrogen production plant buildout Plug’s Graham, Texas, plant first beneficiary of loan guarantee SLINGERLANDS, N.Y., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office... Read more
VANCOUVER, BC, Dec. 20, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced orders from two bus manufacturers to supply over 90 fuel cell engines, representing approximately 6.4 megawatts (MW) of total rated power, for the European and UK city bus market. "We are excited with the continued growth of our bus OEM partnerships and our continued progress on customer platform wins and... Read more
Fourth Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $49.3 million, compared to $22.5 million Gross loss of $(10.9) million compared to $(1.5) million Loss from operations of $(41.0) million compared with $(36.4) million Net loss per share was $(2.21) compared with $(2.07) Fiscal Year 2024 Summary(All comparisons are year-over-year unless otherwise... Read more
Order Follows Successful Trials and is the Hyzon's Second Fuel Cell Refuse Vehicle Order BOLINGBROOK, Ill., Dec. 17, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced an order for two Fuel Cell... Read more
Long-Term Partnership will Enable Funding of Large Projects and Allow Customers to Pay for Electricity Use with Zero Upfront Payment Over $125 million committed to fund 19 MW of Energy Server Deployments in First Tranche SAN JOSE, Calif. / Dec 11, 2024 / Business Wire / Bloom Energy (NYSE: BE), the world leader in stationary fuel cell power generation, announced today that it has formed a project financing... Read more
VANCOUVER, BC, Dec. 9, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a multi-year supply agreement with Stadler US ("Stadler"; www.stadlerrail.com) to supply 8 megawatts of FCmove®-HD+ fuel cell engines to power trains for the California Department of Transportation (Caltrans). The supply of the FCmove®-HD+ engines will be integrated into Stadler's line of... Read more
VANCOUVER, BC, Dec. 5, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a new Long Term Supply Agreement ("LTSA") with Canadian Pacific Kansas City ("CPKC") (TSX: CP) (NYSE: CP), including the initial supply of 98 fuel cell engines for use in the North American freight rail market. Each engine has a nameplate of 200 kW, totaling approximately 20 megawatts (MW) of fuel... Read more
COPYRIGHT ©2025 GREEN STOCK NEWS