Fuelcell Energy Inc is a company that specializes in the development and production of fuel cell technology for clean energy generation
It focuses on providing innovative solutions that convert hydrogen and other fuels into electricity with low emissions, aiming to address the growing demand for sustainable energy sources. The company offers a range of products and services, including modular fuel cell power plants and supporting technologies, catering to various applications such as utility-scale power generation, distributed generation, and carbon capture solutions. Through its advanced technology, Fuelcell Energy aims to contribute to a greener future by promoting the use of hydrogen and renewable energy.
As demand for infrastructure and energy sources spurs from the development of artificial intelligence data centers, NuScale stock has more upside ahead.
There are songs that no one should sing at karaoke, just as there are stocks that no one should buy. What are some terrible karaoke songs that align with the stocks you must avoid? I’ll give you three.
FuelCell Energy Inc (NASDAQFCEL) shares are trading higher Wednesday after the company announced plans to build a fuel cell power plant that's expected to add over $160 million to its generation backlog.
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 to the local grid in support of the state’s Renewable Portfolio Standard.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how FuelCell Energy (NASDAQFCEL) and the rest of the renewable energy stocks fared in Q3.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q3, starting with Plug Power (NASDAQPLUG).
FuelCell Energy has gotten torched over the last six months - since July 2024, its stock price has dropped 37.8% to $11.95 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Shares of carbonate fuel cell technology developer FuelCell Energy (NASDAQFCEL)
jumped 17.8% in the afternoon session after the Biden administration announced new rules clarifying that some nuclear power plants can secure tax credits for producing clean hydrogen if the credits help keep reactors running. This announcement means more funding opportunities for hydrogen producers despite some opposition from environmental groups regarding the use of nuclear to produce hydrogen. The update also provides more certainty for investors and related companies within the clean energy space.
Carbonate fuel cell technology developer FuelCell Energy (NASDAQFCEL) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 120% year on year to $49.33 million. Its GAAP loss of $2.21 per share was 27% below analysts’ consensus estimates.
FCEL reported Q4 2024 results with total revenues of $49.326 million, beating consensus. The company recently announced a global restructuring and has $318.0 million in cash.
Carbonate fuel cell technology developer FuelCell Energy (NASDAQFCEL)
will be reporting results tomorrow before market hours. Here’s what you need to know.
DANBURY, Conn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQFCEL) -- announced the upcoming release of its fourth quarter and fiscal year 2024 results prior to the Stock Market Open on Thursday, December 19, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, December 19, 2024, to discuss the results and provide a business update.
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 company’s core technologies, and protect the company’s competitive position amid slower-than-expected investments in clean energy.
