FuelCell Energy

🔒FuelCell Energy could face $2.1M penalty over jobs shortfall

FuelCell Energy’s Torrington operations are under review by state officials stemming from an earlier economic development deal. In 2015, FuelCell Energy received a $10 million low-interest loan from the state […]

🔒FuelCell Energy bets on AI data centers with hopes of expanding Torrington manufacturing plant

FuelCell Energy is repositioning itself as a power solution for AI data centers, with more than 80% of its proposal pipeline now driven by that market — a dramatic shift for the Danbury company, which is betting on an expansion of its Torrington factory.

🔒FuelCell Energy proxy reveals more executive departures, employee cost-cutting bonus

Danbury-based FuelCell Energy Inc. quietly parted ways with four senior executives over the last year and rewarded workers with bonuses for identifying cost savings, according to the company’s annual proxy statement filed this week.

🔒FuelCell Energy finalizes separation agreement with former general counsel

FuelCell Energy Inc. will pay former Executive Vice President and General Counsel Joshua Dolger nearly $400,000 in severance under a separation agreement finalized this week, according to a filing with the Securities and Exchange Commission.
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Danbury’s FuelCell Energy targets data center market with 450-MW collaboration

Danbury-based FuelCell Energy Inc. has signed a letter of intent with a London-based investment firm to explore deploying up to 450 megawatts of fuel cell power systems for data centers and other distributed power applications, the companies announced Tuesday.

FuelCell Energy names new general counsel after executive departure

Danbury-based FuelCell Energy Inc. has appointed Amanda J. Schreiber as its new executive vice president, general counsel...

🔒FuelCell Energy posts 4Q revenue growth, details restructuring and layoffs in annual report

Danbury-based FuelCell Energy reported higher fourth-quarter revenue and improved operating results while also detailing workforce reductions.

FuelCell Energy secures $25M from Export-Import Bank for South Korea project

Danbury-based FuelCell Energy has secured $25 million in financing from the Export-Import Bank of the United States...
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FuelCell Energy raises $135M through stock sales

Danbury-based FuelCell Energy Inc. has raised about $135.5 million from selling more than 15 million shares of its common stock.

FuelCell Energy’s revenue nearly doubles, but losses deepen in third quarter

Danbury-based FuelCell Energy reported a sharp jump in revenue during its fiscal third quarter, but the fuel...
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