FuelCell Energy secures $49M EXIM financing to boost U.S. clean energy exports to South Korea

FuelCell Energy received approval for $49 million in financing from the U.S. Export-Import Bank (EXIM) to support the export of five 2.8 MW fuel cell blocks to Gyeonggi Green Energy in South Korea. The first $22 million tranche will be disbursed soon, with the second tranche expected in October 2026. This financing supports FuelCell Energy's growth, manufacturing scale-up, and expansion in global clean power markets, highlighting U.S. manufacturing and clean energy technology exports. The project underscores EXIM's commitment to backing American clean energy exports and domestic job creation.