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