FuelCell Energy stock jumps on $160 million grid support contract
Shares of FuelCell Energy , Inc. (NASDAQ:FCEL) climbed 9% following the announcement of a substantial $160 million contract to construct a 7.4 MW fuel cell power plant in Hartford, Connecticut. This endeavor is aimed at bolstering the local grid and aligns with Connecticut's Renewable Portfolio Standard,
FuelCell Reveals $160 Mln Contract For 7.4MW Power Plant In Hartford, Stock Up
FuelCell Energy, Inc. (FCEL), a fuel cell plants builder, Wednesday announced a $160 million contract to build a 7.4 MW fuel cell
Why FuelCell Energy Stock Is Moving Higher Wednesday
FuelCell Energy Inc (NASDAQ:FCEL) shares are trading higher Wednesday after the company announced plans to build a fuel cell power plant that's expected to add over $160 million to its generation backlog.
FuelCell Energy Inc. stock falls Thursday, underperforms market
FuelCell Energy Inc. closed 78.77% short of its 52-week high of $45.60, which the company reached on February 12th.
FuelCell Energy Announces $160 Million Contract to Support Hartford Area Grid
The power produced by the fuel cell plant will be sold to the local distribution utilities, Eversource and United Illuminating, under a 20-year power purchase agreement (“PPA”). As a PPA, the project is expected to add more than $160 million of future revenue to FuelCell Energy’s generation backlog, a queue of new power generation projects.
Why Did FuelCell Energy Inc (FCEL) Stock See 8.87% Surge in the Last 90 Days?
FuelCell Energy Inc (FCEL) stock saw a modest uptick, ending the day at $11.81 which represents a slight increase of $1.44 or 13.89% from the prior close of $10.37. The stock opened at $10.58 and touched a low of $10.
FuelCell Energy scores $160M contract to support Hartford area grid
FuelCell Energy ( NASDAQ: FCEL) +5.5% pre-market Wednesday after announcing plans to build a 7.4 MW fuel cell power plant in Hartford, Conn., to deliver Class 1 renewable baseload power to the local grid.
FuelCell Energy Inc. stock falls Tuesday, underperforms market
Shares of FuelCell Energy Inc. FCEL slid 6.36% to $8.98 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.64% to 19,
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FuelCell Energy, Inc. (NASDAQ:FCEL) Q4 2024 Earnings Call Transcript
FuelCell Energy, Inc. (NASDAQ:FCEL) Q4 2024 Earnings Call Transcript December 19, 2024 Operator: Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, and I will be ...
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FCEL FuelCell Energy, Inc.
FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides ...
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FuelCell Energy Inc FCEL
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...