Siemens and FuelCell Energy have entered a collaboration to accelerate the deployment of fuel cell-based power generation by integrating Siemens' electrical infrastructure expertise with FuelCell Energy's fuel cell technology. This partnership aims to support commercial projects exceeding 100 MW, focusing on scalable, reliable, and low-emission power solutions for data centers and other energy-intensive applications. They will jointly develop projects incorporating fuel cells, battery storage, and microgrid controls, with pilot initiatives planned to explore new applications and transition successful pilots to full commercial deployment. This collaboration addresses the growing demand for distributed energy systems that are faster to deploy and more resilient, advancing the transition to sustainable energy.
FuelCell Energy announced an upsized public offering of 10.7 million shares at $21 each, below its previous closing price of $25.96, causing its shares to fall 15% to $22.04. The offering, increased from $200 million to $225 million, aims to raise fu...
FuelCell Energy announced a public offering of $200 million in common stock to raise funds for expanding manufacturing capacity, supporting growth, and general corporate purposes. The company may grant underwriters an option to buy an additional 15% ...
