Go-forward strategy will emphasize topline revenue growth and future profitability. Company to reduce total operating costs by an estimated 15% in fiscal year 2025. 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... Read More

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. Today, the Company filed... Read More

Company to receive approximately $9.4 million in debt financing; FuelCell Energy to pursue additional financing to support the working capital needs of this transaction Financing to support purchase agreement for forty-two 1.4-megawatt upgraded carbonate fuel cell modules to replace existing units at GGE’s Hwaseong Baran Industrial Complex DANBURY, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL)... Read More

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. The cooperative approach will focus on the development and implementation of advanced energy solutions using... Read More

Revenue of $23.7 million compared to $25.5 million Gross loss of $(6.2) million compared to $(8.2) million Loss from operations of $(33.6) million compared with $(41.4) million Net loss per share was $(0.07) compared with $(0.06) which included a $0.04 one-time debt extinguishment benefit in the third quarter of 2023 DANBURY, Conn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today reported... Read More

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. Andrea Miserocchi, vice president of business development in Europe and the Middle East at FuelCell Energy, spoke on... Read More

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... Read More

DANBURY, Conn., Aug. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL), a global leader in sustainable energy technologies for the delivery of energy and emissions management, announced that a $5.9 million CAD grant from Natural Resources Canada’s Clean Fuels Fund (CFF) will finance two projects utilizing its electrolyzer technology to produce synthetic fuel (power-to-liquid (PtL)) or “eFuel.” These... Read More

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... Read More

DANBURY, Conn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy Inc. (Nasdaq: FCEL) announced its participation in the World Brewing Congress, taking place August 17-20 in Minneapolis, Minn. The event will provide a platform for FuelCell Energy to showcase its innovative solutions for CO 2 utilization and sustainability in the brewing, food, and agriculture industries. Countries and companies around the world are rushing... Read More

DANBURY, Conn., July 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. , (Nasdaq: FCEL) held a pivotal event in Seoul on June 28, 2024, reinforcing and demonstrating the company's commitment to the Korean market and highlighting how its two differentiated carbonate and solid oxide platforms enable the energy transition to sustainable energy in a smart and practical way. The event, titled "Accelerating Korea’s Energy... Read More

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. Four of FuelCell Energy’s 250-kilowatt solid oxide fuel cells, with a combined one megawatt of... Read More

Second Quarter Fiscal 2024 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 million Gross loss of $(7.1) million compared to $(6.1) million Loss from operations of $(41.4) million compared with $(35.9) million Net loss per share was $(0.07) compared with $(0.09) DANBURY, Conn., June 10, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global... Read More

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... Read More

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... Read More

Automotive and aerospace industry executive with deep expertise in advanced manufacturing systems, scaling manufacturing, and technology DANBURY, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), FuelCell Energy, Inc., announced that Tyrone Michael (“TJ”) Jordan has joined its board of directors. Jordan’s extensive experience in operations, advanced manufacturing, commercialization, and global... Read More

Continuing Strong Support for FuelCell Energy Platforms Total of $13 Million in Senior and Subordinated Credit Facilities DANBURY, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. , (Nasdaq: FCEL) today announced that the Company closed on a project debt financing transaction with Liberty Bank and Connecticut Green Bank for the company’s two fuel cell projects in Derby, Conn., which recently began operations.... Read More

DANBURY, Conn., April 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), announced that its carbonate fuel cell technology will be used in a biogeneration project developed by Ameresco for the Sacramento Area Sewer District (Sacramento Sewer) to convert on-site biofuel into clean electricity. One of the company’s 2.8-Megawatt carbonate fuel cell platforms, which produces power and useful heat from biogas and... Read More

arbonate fuel cell technology captures CO 2 emissions from industrial sources, while simultaneously generating electricity and hydrogen, valuable co-products that can reduce the cost of carbon capture and storage. Updated terms of agreement provide that FuelCell Energy can market its original generation of carbon capture technology in addition to a modified version of its original technology that has been enhanced with... Read More

DANBURY, Conn., March 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) is pleased to announce that Chief Technology Officer Tony Leo and Director of Solutions Engineering Brent Voelker will participate in sessions at Innovation Agora as part of the 2024 CERAWeek Conference taking place in Houston, Texas, this week. The conference “is a unique gathering of top global energy executives and leading members of... Read More

First Quarter Fiscal 2024 Financial Summary (All comparisons are year-over-year unless otherwise noted) Revenues of $16.7 million compared to $37.1 million Gross loss of $11.7 million compared to a gross profit of $5.2 million Loss from operations of $(42.5) million compared to $(22.5) million Net loss per share was $(0.05) in both quarters DANBURY, Conn., March 07, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:... Read More

DANBURY, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its first quarter of fiscal 2024 results prior to the Stock Market Open... Read More

DANBURY, Conn., Feb. 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global energy delivery and emission management company, today announced the release of its 2023 Annual Report and its 2023 Sustainability Report. These reports reflect the company's ongoing commitment to accountability and sustainability in all aspects of its operations. 2023 Annual Report The 2023 Annual Report provides stakeholders... Read More

Fourth Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $22.5 million compared to $39.2 million Gross loss of $(1.5) million compared to $(15.2) million Loss from operations of $(36.4) million compared to $(42.7) million Net loss per share was $(0.07) compared to $(0.11) Fiscal Year 2023 Financial Highlights (All comparisons are year-over-year unless otherwise... Read More

First time for carbonate fuel cell technology to be piloted for carbon capture in an industrial environment Captured CO 2 will be transported and stored via the Porthos project for permanent storage under the North Sea If successful, the technology would be commercialized to reduce emissions at ExxonMobil locations and other industrial sites to help customers reduce their emissions ROTTERDAM, Netherlands and DANBURY, Conn.,... Read More

DANBURY, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has again demonstrated that it is leading the way in tax credit financing through its announcement today that it closed on transactions with Franklin Park and Group 1001 Insurance Holdings, LLC (“Group 1001”) for two of its clean energy projects—the Tri-gen platform in Long Beach, California, and the new fuel cell park in Derby,... Read More

DANBURY, Conn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its fourth quarter and fiscal year 2023 results prior to the Stock... Read More

ZURICH, Switzerland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- IBM and FuelCell Energy, Inc. (Nasdaq: FCEL) today announced they will work together to boost the performance of FuelCell Energy’s technology using Foundation Models, a form of generative Artificial Intelligence (AI). The aim of this collaboration is to support both companies’ efforts to lead a global transition to renewable energy sources that emit little to no carbon.... Read More

DANBURY, Conn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), the Connecticut-based global leader in state-of-the-art fuel cell platforms, celebrated the opening of its newest clean energy project at a “cable cutting” ceremony in Derby. The 14-megawatt baseload fuel cell project located on Roosevelt Drive consists of 10 fuel cells and will supply power to thousands of customers of Eversource and... Read More

DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt production. The Bay Hydrogen Hub consortium, which is made up of EDF , Heidelberg UK , the National Nuclear Laboratory , and Vulcan Burners , proposes combining the use of FuelCell Energy’s 1-Megawatt Solid Oxide Electrolyzer... Read More

DANBURY, Conn., and TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc . (Nasdaq: FCEL) is pleased to announce that Ontario’s Independent Electricity System Hydrogen Innovation Fund Award has been awarded to a project in which FuelCell Energy is playing a key role alongside Kinectrics and Bruce Power . This fund seeks to establish action-oriented, sector-specific pilot projects with the purpose of evaluating and... Read More

DANBURY, Conn., and LAGOS, Nigeria, Oct. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando Energy Resources (OER), a part of the Oando PLC group of companies, are pleased to announce the signing of a memorandum of understanding (MOU) to collaborate on the development of a 5 to 15-Megawatt (MW) power plant. In addition to FuelCell... Read More

Third Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $25.5 million compared to $43.1 million Gross loss of $(8.2) million compared to $(4.2) million Loss from operations of $(41.4) million compared to $(28.0) million Net loss per share was $(0.06) compared to $(0.08) DANBURY, Conn., Sept. 11, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a... Read More

DANBURY, Conn., Aug. 29, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy — today announced the upcoming release of its third quarter fiscal year 2023 results prior to the Stock Market... Read More

DANBURY, Conn., Aug. 28, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and ExxonMobil Technology and Engineering Company (EMTEC) have agreed to extend their ongoing joint development agreement through March 31, 2024. The extension enables further development related to manufacturing scale-up and work towards... Read More

DANBURY, Conn., Aug. 24, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. , (Nasdaq: FCEL) today announced that the Company closed on a project debt financing transaction with Liberty Bank and Amalgamated Bank as senior lenders and the Connecticut Green Bank as subordinated lender for its Connecticut Municipal Electric Energy Cooperative (CMEEC) fuel cell microgrid-ready project at the Naval Submarine Base New London, located... Read More

DANBURY, Conn., July 27, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has taken significant strides in its Korean market re-entry by forging relationships with domestic clean energy electric utilities that have installed FuelCell Energy power platforms. The company signed a long-term service agreement (LTSA) with Noeul Green Energy on July 27 and has also established a memorandum of understanding (MOU) with... Read More

DANBURY, Conn., July 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) (the “Company” or “FuelCell Energy”) today announced that it plans to hold a special meeting of its stockholders (“Special Meeting”) on October 10, 2023 to consider and vote on a proposal to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock of the Company from... Read More

Second Quarter Fiscal 2023 Financial Highlights Revenues of $38.3 million compared to $16.4 million Gross loss of $(6.1) million compared to $(7.3) million Loss from operations of $(35.9) million compared to $(28.2) million Net loss per share was $(0.09) compared to $(0.08) DANBURY, Conn., June 08, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen... Read More

DANBURY, Conn., June 01, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its second quarter fiscal year 2023 results prior to the Stock Market... Read More

DANBURY, Conn., May 25, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. , (Nasdaq: FCEL) today announced that it has entered into an $87 million non-recourse project financing facility. In addition to diversifying the Company’s access to capital, the proceeds from this facility were used to repay some of the Company’s existing indebtedness and may be used to accelerate commercialization of its hydrogen fuel cell technologies,... Read More

DANBURY, Conn. and ATLANTA, May 22, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Chart Industries, Inc. (“Chart”, NYSE: GTLS) signed a Memorandum of Understanding (MOU) to develop opportunities to combine the companies’ complementary strengths in delivering reliable and efficient carbon dioxide (CO 2 )... Read More

DANBURY, Conn., May 10, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has announced that its Annual Meeting of Stockholders has been adjourned until May 22, 2023 at 1:00 p.m. EDT in order to solicit additional proxies and allow stockholders additional time to vote on the proposals set forth in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on February 17, 2023 (the... Read More

DANBURY, Conn., May 01, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has received an order from ExxonMobil for long-lead fuel cell stack module equipment and engineering support required to implement a potential demonstration of modular point source carbon capture at an ExxonMobil facility. While ExxonMobil has not yet made a final investment decision, this order advances critical-path equipment procurement... Read More

First Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $37.1 million compared to $31.8 million Gross profit of $5.2 million compared to a gross loss of $(2.9) million Loss from operations of $(22.5) million compared to $(44.8) million Net loss per share was $(0.05) compared to $(0.11) DANBURY, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc.... Read More

DANBURY, Conn., March 06, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its first quarter fiscal year 2023 results prior to the Stock Market... Read More

DANBURY, Conn. and KUALA LUMPUR, Malaysia, Feb. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. , (Nasdaq: FCEL) and Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE: MHB) , have signed a memorandum of understanding to collaborate... Read More

Fourth Quarter Fiscal 2022 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $39.2 million compared to $13.9 million Gross loss of $(15.2) million compared to $(8.4) million Loss from operations of $(42.7) million compared to $(22.6) million Fiscal Year 2022 Financial Highlights (All comparisons are year-over-year unless otherwise noted) 88% increase in total revenues to $130.5... Read More

DANBURY, Conn., Dec. 19, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) announced the completion of site construction and commencement of commercial operations (COD) for its project on the U.S. Navy Submarine Base in Groton, Connecticut on December 16, 2022. Achieving commercial operations of this project adds... Read More

DANBURY, Conn., Dec. 16, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today announced that Alexandrea Isaac, Senior Counsel to the Company, has been appointed to the Department of Commerce Renewable Energy and Energy Efficiency Advisory Committee (“REEEAC”). The Committee is responsible for advising the Secretary of Commerce on the development and administration of programs and policies to expand the export... Read More

DANBURY, Conn., Dec. 13, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its fourth quarter and fiscal year 2022 results prior to the Stock... Read More

DANBURY, Conn., Dec. 06, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced it is accepting orders for its solid oxide electrolyzer and solid oxide fuel cell platform. The platform will give more organizations the option to implement a flexible energy strategy in order to: Start their energy transition today knowing they can shift to 100% zero-carbon hydrogen in the future. Produce clean hydrogen... Read More

Third Quarter Fiscal 2022 Financial Highlights Revenues of $43.1 million compared to $26.8 million Gross loss of $(4.2) million compared to gross profit of $1.1 million Loss from operations of $(28.0) million compared to $(10.6) million Backlog of $1.284 billion as of July 31, 2022, compared to $1.299 billion as of July 31, 2021 FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its third quarter of fiscal year 2022 results prior to the Stock Market Open on Thursday, September 8, 2022. FuelCell... Read More

FuelCell Energy, Inc. , (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen to enable a world empowered by clean energy – celebrates the passage of the Inflation Reduction Act of 2022 (IRA) that was passed by Congress and signed by President Biden today. This legislation represents the most significant investment in the nation’s clean energy... Read More

FuelCell Energy, Inc. , (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power, and producing hydrogen to enable a world empowered by clean energy, today announced that company President and CEO, Jason Few, will present at the Canaccord Genuity 42nd Annual Growth Conference on Thursday, Aug, 11, 2022 at approximately 12:30 p.m. ET. Few will provide a corporate and... Read More

FuelCell Energy, Inc. , (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power, and producing hydrogen to enable a world empowered by clean energy – today announced a new Carbon Savings Calculator for companies looking to gain greater insight into how the carbon dioxide (CO 2 ) produced by their operation across Scope 1 and Scope 2 emissions can be recycled and used... Read More

FuelCell Energy, Inc. - a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen to enable a world empowered by clean energy - today announced that the FuelCell Energy Trigeneration Platform received a Top Product of the Year Award in the elite Environment + Energy Leader Awards program. The announcement was made today at the Environment + Energy Leader Solutions... Read More

Second Quarter Fiscal 2022 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $16.4 million compared to $14.0 million Gross loss of $(7.3) million compared to $(4.8) million Loss from operations of $(28.2) million compared to $(17.4) million Backlog of $1.33 billion as of April 30, 2022, compared to $1.32 billion as April 30, 2021 FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen to enable a world empowered by clean energy – today unveiled the results of a survey undertaken this May of more than 1,000 U.S. citizens, age 25+, on their sentiments concerning clean energy. The study revealed significant concerns about the environment, skepticism... Read More

FuelCell Energy, Inc. , (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen to enable a world empowered by clean energy– today announced that it has executed a memorandum of understanding with TuNur Ltd., an independent renewable energy and green hydrogen developer focused on delivering low-carbon electricity and hydrogen to North Africa and... Read More

FuelCell Energy, Inc. , (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen to enable a world empowered by clean energy – today announced that Company President and CEO, Jason Few, will ring the Nasdaq Stock Market opening bell on Tuesday, June 7, 2022 at 9:30 a.m. ET. He will be joined by members of the Company’s leadership team, Board of... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its second quarter of fiscal year 2022 results prior to the Stock Market Open on Thursday, June 9, 2022. FuelCell Energy... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power, and producing hydrogen to enable a world empowered by clean energy – today announced that it has extended the term of its joint development agreement with ExxonMobil Technology and Engineering Company through December 31, 2022. The agreement will enable the companies to continue working to... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power, and producing hydrogen to enable a world empowered by clean energy -- today announced the appointment by the Board of Directors of Mark Feasel to the position of Executive Vice President and Chief Commercial Officer. Mark’s appointment will be effective as of April 18, 2022. This role was... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell technologies to enable a world empowered by clean energy -- will host a virtual investor day today, March 16, 2022, beginning at 10:00 a.m. ET. A sample of topics to be discussed include the Company’s long-term growth... Read More

First Quarter Fiscal 2022 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $31.8 million compared to $14.9 million Gross loss of ($2.9) million compared to $(3.6) million Loss from operations of $(44.8) million compared to $(14.4) million Results in the first quarter of fiscal 2022 were negatively impacted by a non-recurring expense of $24 million, or approximately $0.07 per share,... Read More

FuelCell Energy (Nasdaq: FCEL), a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy— today announced the upcoming release of its first quarter of fiscal year 2022 results prior to the Stock Market Open on Thursday, March 10, 2022. FuelCell Energy... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen 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 a carbon capture demonstration project using the Company’s proprietary carbonate fuel cell technology has been awarded $6.8M in funding as part of Canada’s Clean Resource... Read More

FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen 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 it will host a virtual investor day on Wednesday, March 16, 2022 at 10:00 a.m. Eastern Time. A sample of topics to be discussed include the Company’s long-term growth... Read More

Helps Town of Brookhaven Convert a Landfill into a Clean Energy Park Decarbonizing Power and Improving Air Quality FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen, 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 conditional... Read More

Fourth Quarter Fiscal 2021 Financial Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $13.9 million compared to $17.0 million Loss from operations of $(22.6) million compared to $(17.1) million Unrestricted cash and cash equivalents of $432.2 million as of October 31, 2021 compared to $149.9 million as of October 31, 2020 Backlog of $1.29 billion as of October 31, 2021 comparable to backlog... Read More

Agreement confirms FuelCell Energy’s access to sell products in the Asian market, including South Korea Agreement provides for a firm order for a minimum of 20 SureSource replacement modules to service existing South Korean operating projects during calendar year 2022 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... Read More

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... Read More

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... Read More

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... Read More

Significant experience as a Leader in corporate lean manufacturing, transformation, and scaling manufacturing Experienced leading respected global organizations on their corporate operating system frameworks 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... Read More

Joint Development Agreement extended through April 2022 to further develop carbonate fuel cell technology for large-scale carbon capture Advanced scope and timing discussions for pilot test at ExxonMobil location in Rotterdam, the Netherlands, leveraging the Porthos North Sea project FuelCell Energy’s proprietary technology is the only CO 2 capture technology capable of simultaneously capturing carbon dioxide and producing... Read More

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 — applauds California Governor Gavin Newsom on the signing of Senate Bill 155, which includes a two-year extension of the Fuel Cell Net Energy Metering program, known as Fuel Cell NEM. This bill represents an enormous investment... Read More

Third Quarter Fiscal 2021 Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $26.8 million compared to $18.7 million Gross profit of $1.1 million compared to gross loss of $(3.1) million Loss from operations of $(10.6) million compared to $(10.8) million Unrestricted cash and cash equivalents of $468.6 million as of July 31, 2021 Backlog of $1.30 billion as of July 31, 2021 compared to $1.33... Read More

FuelCell Energy (Nasdaq: FCEL), the global leader in molten carbonate fuel cell technology with its purpose being to utilize its 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 results prior to the Stock Market Open on Tuesday, September 14, 2021. FuelCell Energy management will subsequently host a conference call with... Read More

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 the Company closed on a tax equity sale-leaseback financing transaction for the 1.4 megawatt SureSource 1500™ biofuels fuel cell project with the City of San Bernardino Municipal Water Department... Read More

37+ Years of Experience as a Leader in investment banking, finance, asset management and business development Proven track record of executing on business extension and commercialization of new products and ideas Extensive governance experience, including with the Export Import Bank of the United States and the Fannie Mae Advisory Council Strong advocate of Diversity, Equity and Inclusion DANBURY, Conn., Aug. 16, 2021 (GLOBE... Read More

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 East West Bank for the 7.4 megawatts (“MW”) fuel cell project located on the U.S. Navy Submarine Base in Groton, CT, also known as the... Read More

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 is an... Read More

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 — applauds Governor Ned Lamont on the signing of Connecticut House Bill 6524, An Act Concerning the Solicitation of New Fuel Cell Electricity Generation Projects. The bill requires the Connecticut utilities to solicit... Read More

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... Read More

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)... Read More

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 Betsy Schaefer joined its team as the new Chief Marketing Officer. Betsy brings a wealth of experience to FuelCell Energy having built a decorated career at IBM in corporate communications, marketing... Read More

Second Quarter Fiscal 2021 Highlights (All comparisons are year-over-year unless otherwise noted) Revenues of $14.0 million compared to $18.9 million Gross loss of $(4.8) million compared to gross profit of $0.2 million Loss from operations of $(17.4) million compared to $(8.1) million Backlog of $1.32 billion as of April 30, 2021 compared to $1.34 billion as of April 30, 2020 Entered into a power purchase agreement for... Read More

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 Jennifer D. Arasimowicz, Executive Vice President, General Counsel, Chief Administrative Officer and Corporate Secretary, has elected to resign effective June 25, 2021 to pursue an opportunity with... Read More

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 second quarter results prior to the Stock Market Open on Thursday, June 10, 2021. FuelCell Energy management will subsequently host a conference call with investors beginning at... Read More

20+ Years of Experience as a Leader in the Energy Industry Leading Enbridge Energy Transition Net Zero GHG By 2050 Deep Expertise in Hydrogen, Hydrogen Transportation, and Hydrogen Storage Extensive Background in Developing Strategic Pathways to Decarbonization 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... Read More

DOE award advances SOFC Development for Sub-Megawatt high efficiency power generation Continues evolving FuelCell Energy’s proprietary Solid Oxide fuel cell technology to deliver an ultra-highly efficient platform to the market Facilitates progress of FuelCell Energy’s solid oxide electrolysis, the core to the Company’s long-duration hydrogen-based storage solution FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in... Read More

Delivered 12 Million MWH of environmentally responsible power Delivered power avoided over one and a half million tons of CO 2 emissions, equivalent to taking 320,000 cars off the road Significant milestone in FuelCell Energy’s contribution to decarbonization and reducing the impact of power generation on our global climate Developing the most complete line of fuel cell based sustainable solutions FuelCell Energy, Inc.... Read More

First Quarter Fiscal 2021 Highlights (All comparisons year-over-year unless otherwise noted) Revenues of $14.9 million compared to $16.3 million Gross loss of $(3.6) million compared to gross profit of $3.3 million Loss from operations of $(14.4) million compared to $(3.1) million Backlog of $1.27 billion as of January 31, 2021, a $93.8 million decrease from January 31, 2020 Entered into a power purchase agreement for 2.8... Read More

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 it has joined Hydrogen Europe, the leading European association representing the interests of the hydrogen and fuel cell industry and its stakeholders. FuelCell Energy, by joining Hydrogen Europe, joins a... Read More

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 the upcoming release of its first quarter results prior to the Stock Market Open on Tuesday, March 16, 2021. FuelCell Energy management will subsequently host a conference call with investors... Read More