First time for carbonate fuel cell technology to be piloted for carbon capture in an industrial environment Captured CO2 will be transported and stored via the Porthos project for permanent storage under the North Sea If successful, the technology would be commercialized to reduce emissions at ExxonMobil locations and other industrial sites to help customers [...]
SEOUL, Aug. 28 (Korea Bizwire) — South Korea’s push for clean energy, notably hydrogen, offers opportunities for companies like FuelCell Energy Inc. (FCE) to deliver its technologies “well-suited” to help the country achieve its carbon emissions goals, its CEO has said. Jason Few, president and CEO of the U.S. fuel cell platform manufacturer, said the [...]
DANBURY, Conn., July 13 (Korea Bizwire) – FuelCell Energy, Inc. (Nasdaq: FCEL) — a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — announced today that it has received a favorable ruling in a court case filed in the Court [...]
DANBURY, Conn., March 12 (Korea Bizwire) – FuelCell Energy, Inc. (Nasdaq: FCEL) – a global leader in fuel cell technology—with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy—today announced it has joined Hydrogen Europe, the leading European association representing the interests of the hydrogen and fuel cell [...]
SEOUL, Oct. 9 (Korea Bizwire) — POSCO Energy, a wholly owned energy unit of South Korean steelmaker POSCO, said Friday it has filed a 922 billion-won (US$800 million) claim against U.S.-based FuelCell Energy for damages involving their license deal. On Wednesday, POSCO Energy filed the suit with the International Court of Arbitration of the International [...]
DANBURY, Conn., Oct. 7 (Korea Bizwire) — FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in fuel cell technology utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy, announced that, between June 2020 and October 2020, it raised approximately US$177.35 million in gross proceeds from multiple offerings of its [...]
DANBURY, Conn., March 25 (Korea Bizwire) – FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in fuel cell technology focused on utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy, provided an update on the performance achievements of the 20 megawatt Korean Southern Power Company (KOSPO) fuel cell park built in [...]
DANBURY, Conn., Dec. 20 (Korea Bizwire) – Today, FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable molten-carbonate fuel cell solutions, outlined the significant construction progress it has made to-date, the expected delivery schedule and the current financing approach for the CMEEC Fuel Cell Micro-Grid Project on the U.S. Naval Submarine Base in [...]
DANBURY, Conn., Nov. 6 (Korea Bizwire) — Today, FuelCell Energy, Inc. (Nasdaq: FCEL), a leading clean energy company, announced a new, 8-year $200 million strategic corporate loan facility with Orion Energy Partners. The Company is planning to leverage the initial October/November 2019 draws totaling $80 million to primarily support execution of certain projects within the Company’s $2 [...]
IRVING, Texas and DANBURY, Conn., Nov. 6 (Korea Bizwire) — ExxonMobil and FuelCell Energy, Inc. said today they have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. The agreement, worth up to $60 million, will focus efforts on optimizing [...]