Welcome to our dedicated page for Fuelcell Energy news (Ticker: FCEL), a resource for investors and traders seeking the latest updates and insights on Fuelcell Energy stock.
FuelCell Energy (NASDAQ: FCEL) specializes in clean energy innovation through advanced fuel cell and hydrogen production technologies. This page provides a centralized hub for all official company announcements, financial updates, and strategic developments.
Investors and stakeholders will find timely, verified information on FCEL’s progress in decarbonization, distributed power solutions, and electrolysis platforms. Key updates include earnings reports, partnership announcements, technology milestones, and regulatory filings.
The curated news collection covers press releases, financial results, project deployments, and industry collaborations. Each update is sourced directly from the company or reputable financial publications to ensure accuracy and relevance.
Bookmark this page for streamlined access to FCEL’s latest clean energy initiatives and operational developments. Check back regularly to stay informed on the company’s role in advancing sustainable power generation and hydrogen infrastructure.
Microvast Holdings (NASDAQ: MVST) announced the appointment of Isida Tushe as General Counsel and Corporate Secretary. With extensive experience in power generation and renewables, Isida is expected to enhance Microvast's legal and compliance processes. Previously, she served as General Counsel for a tech firm focused on EV charging and led legal functions at a private equity-owned hydroelectric developer. Microvast aims to drive innovation in lithium-ion battery solutions, aligning with Isida's vision in supporting decarbonization efforts. The company's vertical integration capabilities enable it to manufacture a wide range of battery products for applications including electric vehicles and energy storage.
FuelCell Energy reported financial results for Q1 2023, showcasing revenues of $37.1 million, a 17% increase from $31.8 million in Q1 2022. The company generated a gross profit of $5.2 million, a significant recovery from a gross loss of $(2.9) million the previous year. Loss from operations improved to $(22.5) million, down from $(44.8) million. The net loss per share was $(0.05), compared to $(0.11) last year. FuelCell's cash and short-term investments stand at over $400 million. Key project updates include progress on the Toyota and Derby projects expected to reach commercial operation in 2023, and the ongoing partnership with ExxonMobil aimed at carbon capture solutions.
FuelCell Energy, Inc. (Nasdaq: FCEL) announced the release of its first quarter fiscal year 2023 results, set for March 9, 2023, before the market opens. Following this, management will hold a conference call at 10:00 a.m. ET to discuss the results and provide a business update. The call will be accessible via a live webcast on the company's website or by telephone. FuelCell Energy focuses on stationary fuel cell energy platforms aimed at decarbonizing power and producing hydrogen, partnering with industry leaders like ExxonMobil and Toyota to support their clean energy initiatives.
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