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) appointed Amanda J. Schreiber as General Counsel and Corporate Secretary on January 12, 2026. Schreiber brings more than 20 years of legal, commercial, and governance leadership across global power and infrastructure sectors.
She joins from ContourGlobal, where she helped scale the platform to >b>6 gigawatts of installed capacity across 20 countries, led financings, M&A, project development, and strengthened governance, compliance, and enterprise risk management.
FuelCell Energy (NASDAQ: FCEL) reported fiscal 2025 results for year ended October 31, 2025, highlighting revenue growth, improved margins in the quarter, and a data-center strategy.
Key metrics: FY2025 revenue $158.2M (+41% YoY), Q4 revenue $55.0M (+12% YoY), backlog $1.19B (+2.6%), unrestricted cash $278.1M, and FY net loss per share $(7.42). Adjusted EBITDA improved in Q4 to $(17.7)M. Company cited demand in U.S. and international data center markets and closed EXIM debt financing to support growth.
FuelCell Energy (Nasdaq: FCEL) will release its fourth quarter and fiscal year 2025 results prior to the U.S. stock market open on Thursday, December 18, 2025. Management will host a conference call with investors at 10:00 A.M. Eastern Time the same day to discuss the results and provide a business update.
Investors can access a live webcast and supporting slide presentation at www.fuelcellenergy.com by selecting Investors > Events & Presentations and clicking the December 18 earnings call webcast link. Telephone dial-in is available at (888) 330-3181 using conference ID 1099808. A replay will be posted approximately two hours after the call on the company Investors page.
FuelCell Energy (Nasdaq: FCEL) closed approximately $25 million in debt financing from the Export-Import Bank of the United States (EXIM) on Dec. 1, 2025 to support the Gyeonggi Green Energy (GGE) fuel cell project in South Korea. The financing, under EXIM’s Project & Structured Finance program, will fund additional module shipments and service for the final phase of a 42-fuel-cell upgrade at the Hwaseong Baran Industrial Complex.
All modules are manufactured in Torrington, Connecticut, using predominantly U.S.-sourced materials; proceeds aim to strengthen FuelCell Energy’s capital flexibility and accelerate international deployments of utility-scale, baseload fuel cell power.
Charbone Corporation (TSXV: CH / OTCQB: CHHYF) is a Canadian clean ultra-high-purity hydrogen producer entering commercialization in Q4 2025. The company expects first production and initial deliveries in November 2025 from its Sorel-Tracy plant (initial ~200 kg/day), backed by a non-dilutive US$50M construction facility and recent financings (≈C$1M placement, US$1.5M convertible notes, C$2.8M shares-for-debt). Charbone signed a five-year Ontario supply contract with deliveries starting November 2025 and holds a due-diligence valuation of US$60.8M. Near-term modeled revenue from Phase 1 is ~C$5.1M/year, rising to ~C$11.0M/year at Phase 2. Key risks: execution and scale-up as operations commence.
FuelCell Energy (NASDAQ: FCEL) reported its Q3 2025 financial results, showing significant revenue growth but continued losses. Revenue increased 97% to $46.7 million from $23.7 million year-over-year, driven primarily by product revenues from Korea operations. However, the company reported a net loss of $92.5 million ($3.78 per share), compared to $33.5 million ($1.99 per share) in Q3 2024.
The quarter was marked by significant restructuring and impairment charges totaling $68.6 million. Despite these charges, the company maintained a strong backlog of $1.24 billion, up 4% year-over-year. Cash position stood at $236.9 million as of July 31, 2025. The company raised additional capital through stock sales, generating net proceeds of $38.1 million during Q3.
Management highlighted opportunities in the data center market and reported improved carbonate platform efficiency above 50%, while implementing cost-reduction measures to position for future profitability.
FuelCell Energy (NASDAQ: FCEL) has scheduled its Third Quarter 2025 financial results announcement and conference call. The company will release its Q3 results before market open on September 9, 2025, followed by a conference call with investors at 10:00 AM ET the same day.
Investors can participate through a live webcast available on the company's website or by dialing (888) 330-3181 with conference ID 1099808. A replay will be accessible approximately two hours after the call concludes on FuelCell Energy's Investors page.
FuelCell Energy (NASDAQ: FCEL) has signed a significant agreement with CGN-Yulchon Generation, a leading South Korean Independent Power Producer. The deal includes the supply of eight advanced carbonate fuel cell modules and maintenance services for four fuel cell units at CGN's Gwangyang facility.
The seven-year agreement covers operations and maintenance services for the 10MW installation, with each of the four units producing 2.5 megawatts of low-carbon baseload power. The project aims to enhance performance and extend operational life of installed units, supporting South Korea's Hydrogen Economy Roadmap.
This agreement strengthens FCEL's presence in South Korea, where it currently supports over 100 megawatts of installed capacity and operates a dedicated service team since 2018.
FuelCell Energy (Nasdaq: FCEL) has signed a strategic Memorandum of Understanding (MOU) with Inuverse to explore deploying up to 100 megawatts (MW) of fuel cell-based power at Korea's AI Daegu Data Center (AI DDC). The phased deployment is set to begin in 2027.
The project aims to leverage FuelCell's thermal energy capabilities for advanced rack cooling and absorption chilling at the data center. The company's technology offers clean baseload energy in a microgrid configuration, with modular systems designed for rapid deployment to support AI and cloud computing needs.
FuelCell Energy currently operates Korea's largest single-site fuel cell park at 58MW, demonstrating its established presence in the region. The non-binding MOU represents a strategic move into the growing AI-specialized hyperscale data center market while supporting renewable energy and ESG objectives.
FuelCell Energy (NASDAQ: FCEL) CEO Jason Few has endorsed the "One Big Beautiful Bill Act" (OBBBA), highlighting its significant support for the fuel cell industry. The legislation includes key provisions such as the reinstatement of the Investment Tax Credit (ITC) and preservation of federal tax credit transferability.
Few emphasized that the bill strengthens America's position in data center infrastructure and grid resilience. The OBBBA maintains full ITC eligibility for fuel cell technologies and includes modifications to hydrogen provisions, ensuring stability for existing investments. The legislation aims to promote U.S. clean energy leadership while supporting advanced manufacturing and job creation.