FuelCell Energy, Inc. reports developments in clean energy technology, fuel cell power systems, and distributed baseload generation. The company designs, manufactures, installs, and services high-temperature fuel cell systems used by data centers, utilities, industrial facilities, and distributed generation customers, with recurring updates on modular power blocks, customer applications, manufacturing activity, and international project work.
FCEL news also covers quarterly financial results, generation portfolio activity, backlog and liquidity commentary, project financing, restructuring-related operating updates, and governance changes. Recent company updates have emphasized data center power demand, standardized utility-grade fuel cell configurations, and financing for fuel cell module production tied to the Gyeonggi Green Energy project in South Korea.
FuelCell Energy (Nasdaq: FCEL) secured approval for a $49 million Export-Import Bank of the United States (EXIM) financing package to support U.S. clean energy exports.
The two-tranche facility will help fund five 2.8 MW fuel cell blocks for Gyeonggi Green Energy in South Korea and provides about $22 million in initial net proceeds.
FuelCell Energy (Nasdaq: FCEL) and Fit Energy signed a strategic agreement for up to 380 MW of clean, baseload on-site power for data centers using fuel cell technology.
The deal includes an immediate deposit for an initial 30 MW, with delivery expected to begin later in 2026 and warrants tied to future deployment milestones.
FuelCell Energy (NASDAQ: FCEL) reported Q2 2026 revenue of $35.6 million, down 5% year over year, with net loss of $77.6 million and net loss per share of $(1.45). Adjusted EBITDA was $(17.1) million.
Backlog was $1.14 billion, down 9.9%, while the sales pipeline reached 4 GW, up 267% from Q1. Cash and restricted cash rose to $440.9 million, supported by share sales. The company advanced its data center strategy, launching a standardized 12.5 MW Energy Block and increasing Torrington capacity expansion plans to support up to 500 MW annually.
FuelCell Energy (NASDAQ: FCEL) elected cybersecurity entrepreneur and former McKinsey leader John Livingston to its Board of Directors, effective May 19, 2026. Livingston brings 25+ years of experience in strategy, industrial operations, technology and cybersecurity that aligns with FuelCell Energy’s focus on resilient, infrastructure-grade clean power for data centers and other critical applications.
FuelCell Energy (Nasdaq: FCEL) will release its second quarter 2026 results before the U.S. market opens on Monday, June 8, 2026. Management will host a conference call at 10:00 a.m. Eastern Time the same day to discuss results and provide a business update.
Investors can access a live webcast and supporting slide presentation via the company’s website under Investors > Events & Presentations, or listen by phone using the provided dial-in number and conference ID. A replay will be available online about two hours after the call.
FuelCell Energy (NASDAQ: FCEL) introduced a standardized 12.5 MW packaged on-site power block for data centers and plans to expand Torrington manufacturing capacity from ~100 MW to 350 MW. The company reported a 275% increase in its business development pipeline since February 2025, driven mainly by data center customers.
FuelCell Energy allocated capital this year for long‑lead equipment and will showcase the 12.5 MW block at DCD>Connect New York on March 24.
FuelCell Energy (NASDAQ: FCEL) reported Q1 FY2026 revenue of $30.5M, up ~61% year-over-year, with gross loss of $(5.9)M and net loss of $(26.1)M. Backlog fell ~10.8% to $1.17B as of Jan 31, 2026.
The company highlighted commercial momentum in data center power with >1.5 GW of new proposals and a collaboration targeting up to 450 MW, alongside $379.6M in cash and recent EXIM debt financing.
FuelCell Energy (Nasdaq: FCEL) will release its first quarter 2026 results before the U.S. market open on Monday, March 9, 2026, followed by a management conference call at 10:00 A.M. Eastern Time.
Investors can join via live webcast on the company website or by dialing (888) 330-3181 with conference ID 1099808. A replay will be available on the Investors page approximately two hours after the call concludes.
FuelCell Energy (Nasdaq: FCEL) released its 2025 Annual Report and 2025 Sustainability Report outlining fiscal 2025 financial and operational results and sustainability progress. Key metrics: backlog $1.19 billion as of Oct. 31, 2025, platform deployments approaching 1 GW, and carbonate fuel cell efficiency rising from 47% to 50%.
Reports highlight manufacturing scale at Torrington, ~93% recycling/reuse of decommissioned modules, top-tier ESG ratings, and ongoing focus on distributed generation and profitability.
Sustainable Development Capital and FuelCell Energy (Nasdaq: FCEL) announced a strategic collaboration on Jan 20, 2026 to explore deploying up to 450 megawatts of fuel-cell power systems to support data-center growth and other mission-critical distributed power needs globally.
The partnership pairs FuelCell Energy’s continuous, behind-the-meter direct DC-capable fuel-cell platform with SDCL’s experience financing and operating large-scale energy infrastructure. The companies executed a letter of intent to work together on solutions that target availability, resilience, lower emissions versus combustion generation, and potential thermal reuse (for example absorption chilling) to improve data-center efficiency.