DANBURY, Conn., Aug. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL), a global leader in sustainable energy technologies for the delivery of energy and emissions management, announced that a $5.9 million CAD grant from Natural Resources Canada’s Clean Fuels Fund (CFF) will finance two projects utilizing its electrolyzer technology to produce synthetic fuel (power-to-liquid (PtL)) or “eFuel.” These innovative projects are being carried out with Canadian Nuclear Laboratories (CNL), Expander ...

Hydrogen hopefuls, listen up! FuelCell Energy (NASDAQ:FCEL), the Connecticut-headquartered hydrogen-production company, is absurdly underappreciated on Wall Street. So, if you’re a believer in the snapback effect, now’s the time to buy FuelCell Energy stock.Undervalued businesses like FuelCell Energy can experience a “snapback effect” and become market darlings. And, you want to be in the trade before this happens, not after. So, let’s take stock of the bull case as FuelCell Energy is a clean-energy startup ...

FuelCell Energy (NASDAQ:FCEL) stock is getting a boost on Thursday after the company provided investors with an update on its business in the Korean market.FuelCell Energy says that its expansion into the Korean market is going well. That includes positive reception to its presentation and Accelerating Korea’s Energy Transition with Advanced Fuel Cell Solutions event on June 28.FuelCell Energy president and CEO Jason Few said the following about the event.“We were extremely pleased with the interest and rec ...

STORRS, Conn. and DANBURY, Conn., June 25, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) and the University of Connecticut (UConn) have announced that UConn will use FuelCell Energy's solid oxide fuel cell technology for its Innovation Partnership Building (IPB) at the UConn Tech Park on its Storrs Campus. Four of FuelCell Energy's 250-kilowatt solid oxide fuel cells, with a combined one megawatt of electricity generation capability, will provide power and thermal energy to support current an ...

STORRS, Conn. and DANBURY, Conn., June 25, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and the University of Connecticut (UConn) have announced that UConn will use FuelCell Energy’s solid oxide fuel cell technology for its Innovation Partnership Building (IPB) at the UConn Tech Park on its Storrs Campus. Four of FuelCell Energy’s 250-kilowatt solid oxide fuel cells, with a combined one megawatt of electricity generation capability, will provide power and thermal energy to support current a ...

Fahroni/iStock via Getty ImagesNote: I have covered FuelCell Energy, Inc. or "FuelCell Energy" (NASDAQ:FCEL, OTCPK:FCELB) previously, so investors should view this as an update to my earlier articles on the company. Uninspiring Q2/FY2024 Results On Monday, FuelCell Energy reported another set of uninspiring quarterly results with substantially negative gross margins and sizeable cash burn: Company Press Releases / Regulatory FilingsNegative free cash flow of $51 million was partially offset by $13 milli ...

FuelCell Energy TodayFCELFuelCell Energy$0.98 +0.11 (+12.66%) 52-Week Range$0.64▼$2.94Price Target$1.83Add to WatchlistFuelCell Energy NASDAQ: FCEL is up a solid 20% following its latest earnings release on dubious news and hope. The move confirms a technical reversal in the share price, but the report's detail belies the technical outlook. The downtrend will likely continue because the stock is well below its downtrend line, with losses widening. The takeaway is that FuelCell Energy's stock price is headin ...

业绩总结 - Q2 2024净收入为22.4百万美元，较Q2 2023的38.3百万美元下降[6] - 服务占比63%，高于先进技术和发电[7] 未来展望 - FY 2024预期支出减少至最多30百万美元，资本支出目标范围为45百万至60百万美元[9] - 公司资助的研发支出目标范围为60百万至65百万美元[9] - 生成组合项目资产目标范围为10百万至15百万美元[9] 新产品和新技术研发 - JDA为商业部署创造了多个机会[2] - Hwaseong Baran工业园区提供58.8兆瓦的数据中心，可为135,000户家庭提供电力[5] 市场扩张和并购 - 总长期服务协议下的总兆瓦数为62.45[11] - 总运营兆瓦数为62.8[12]

财务数据和关键指标变化 - 总收入为2.24亿美元,同比下降41.5%,主要是由于没有模块更换业务,而上年同期有8次模块更换 [27][30] - 服务协议收入下降94.7%至140万美元,主要是由于没有模块更换业务 [30] - 发电收入增长67%至1.41亿美元,主要是由于Toyota和Derby项目在第一季度开始运营 [31] - 先进技术合同收入增加至690万美元,主要是由于Esso Nederland B.V.的采购订单 [32] - 毛亏损为710万美元,主要是由于发电业务毛利率下降,包括2.6百万美元的Toyota项目相关费用和2.3百万美元的天然气合同亏损 [33] - 研发费用增加至1660万美元,主要是由于固态电解和碳分离等商业化开发力度加大 [34] 各条业务线数据和关键指标变化 - 发电业务收入增长67%,主要是由于Toyota和Derby项目在第一季度开始运营 [31] - 服务协议收入下降94.7%,主要是由于没有模块更换业务 [30] - 先进技术合同收入增加,主要是由于Esso Nederland B.V.的采购订单 [32] 各个市场数据和关键指标变化 - 公司在韩国市场取得重大突破,与Gyeonggi Green Energy签订价值1.6亿美元的长期服务协议 [13][36] - 公司在加州市场继续拓展,与Ameresco合作在Sacramento Area Sewer District部署碳酸盐燃料电池项目 [14][22] 公司战略和发展方向及行业竞争 - 公司继续推进与埃克森美孚低碳解决方案业务的合作,延长了联合开发协议至2026年底 [12][18][20] - 公司正在积极评估从全球能源转型政策中获益的潜在选择,包括美国的投资税收抵免、45Q碳捕集税收抵免等 [17] - 公司正在采取成本管理措施,包括控制固态电解扩张步伐、调整工程团队结构、管控研发和资本支出等,以保持财务实力 [15][39][40][41][43] - 公司认为其大型发电平台和微电网应用能力在数据中心市场具有独特优势 [24][25] 管理层对经营环境和未来前景的评论 - 管理层对公司在第二季度的业绩表现感到满意,认为体现了公司"动力之家"业务战略的执行 [9] - 管理层认为公司的技术解决方案和与全球大型企业的合作,如埃克森美孚、丰田、辉瑞等,体现了公司作为电化学技术领导者的地位 [11] - 管理层认为公司在大型发电平台和微电网应用方面的能力,能够满足数据中心对可靠、持续电力的需求 [24][25] 其他重要信息 - 公司现金及短期投资总额为3.132亿美元 [29] - 公司订单backlog增加至10.6亿美元,主要是由于与Noel Green Energy的服务协议、Esso的采购订单以及与埃克森美孚联合开发协议的修订 [35] - 公司后续融资了3170万美元 [38] - 公司调整了2024财年的资本支出、研发支出和项目资产投资计划,预计将减少高达3000万美元的支出 [39][40][41][42][43] 问答环节重要的提问和回答 问题1 **George Gianarikas 提问** 询问公司是否将部分项目支出推迟至2025财年,以及可逆式固态电池平台的进展情况 [51][52] **Jason Few 回答** 公司将部分项目支出推迟至2025财年,以更好地根据市场机会调整投资节奏。可逆式固态电池平台仍在产品路线图中,公司将根据市场需求情况来确定投资时机 [52][53][54] 问题2 **Saumya Jain 提问** 询问公司与丰田的Tri-Gen系统合作的进展情况 [61] **Jason Few 回答** Tri-Gen系统在长滩港运营良好,为丰田提供电力、氢气和水。随着丰田推进氢燃料电池车在美国的部署,公司预计将有更多Tri-Gen项目机会 [62][63] 问题3 **Ryan Pfingst 提问** 询问公司在数据中心市场的客户洽谈进展情况 [65] **Jason Few 和 Mark Feasel 回答** 公司正在与多家数据中心客户进行技术和经济方面的深入洽谈,凭借大规模发电平台、无需燃烧的清洁排放、低噪音以及制冷集成等优势,公司认为能够提供数据中心非常有吸引力的解决方案 [66][67][70][71]

It's only thanks to the magic of stock dilution that FuelCell's losses seemed to decline.FuelCell Energy (FCEL 17.36%) stock roared ahead 13% through 10:35 a.m. ET Monday after the renewable energy company beat analyst forecasts for the second quarter of 2024.Heading into the quarter, Wall Street expected FuelCell to lose $0.08 per share on $21.4 million in sales. FuelCell did lose money, but only $0.07 per share. Its sales of $22.4 million likewise exceeded expectations. FuelCell's Q2 earningsDespite inves ...