Two publicly-traded Connecticut manufacturers -- Lydall Inc. and FuelCell Energy Inc. -- announced they are scaling-down operations globally and in Connecticut amid the coronavirus pandemic.
Concerned about their prospects of winning new business, fuel cell proponents are urging the legislature to allow for a larger selection of clean energy projects in a competitive bidding process that's already underway.
Danbury-based FuelCell Energy said Thursday that its fiscal fourth quarter losses deepened by 41 percent over the year, largely driven by a steep decline in revenue from product sales.