FuelCell Energy Inc - Company Profile
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FuelCell Energy Inc (FuelCell Energy) focuses on delivering clean energy solutions. The company's main activities include the innovation and development of technologies that produce clean electricity, heat, hydrogen, and water. FuelCell Energy's major products are based on its carbonate electrochemical platform, offering configurations for power and chemical applications, including carbon capture. The company's products serve a range of customers and applications across industries such as utilities, data centers, wastewater treatment, commercial sectors, and microgrids. It markets the products primarily in the US, Europe, and Korea. FuelCell Energy is headquartered in Danbury, Connecticut, the US.
Headquarters
United States of America
Address
3 Great Pasture Road, Danbury, Connecticut, 06810-8153
Website
www.fuelcellenergy.com
Telephone
1 203 8256000
No of Employees
424
Industry
Alternative Energy
Ticker Symbol & Exchange
FCEL (NASD)
Revenue (2024)
$158.2M
41%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-49.1%
(2024 vs 2023)
Market Cap*
$1.8B
Net Profit Margin (2024)
XYZ
-5.7%
(2024 vs 2023)
* As of and is in US$
FuelCell Energy Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| FuelCell Power Plants | Project Development |
| SureSource1500 | Operation and Maintenance |
| SureSource 3000 | Project Finance |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company entered into an agreement with Fit Energy USA LP for 380 MW of clean, baseload on-site power for data centers using FuelCell Energy’s utility-scale fuel cell technology. |
| 2026 | Contracts/Agreements | In January, the company partnered with Sustainable Development Capital LLP for the deployment of up to 450 megawatts of advanced fuel-cell power systems. |
| 2025 | Contracts/Agreements | In July, the company entered into an agreement with CGN-Yulchon Generation Co. to provide eight carbonate fuel cell modules and operate and maintain four existing 2.5 MW units at CGN’s Gwangyang facility. |
Competitor Comparison
| Key Parameters | FuelCell Energy Inc | Bloom Energy Corp | Plug Power Inc | SFC Energy AG | Ballard Power Systems Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Germany | Canada |
| City | Danbury | San Jose | New York City | Munich | Burnaby |
| State/Province | Connecticut | California | New York | Bayern | British Columbia |
| No. of Employees | 424 | 2,214 | 2,290 | 499 | 492 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James H. England | Chairman | Executive Board | 2008 | 78 |
| Jason B. Few | Chief Executive Officer; President; Director | Executive Board | 2018 | 58 |
| Michael S. Bishop | Executive Vice President; Treasurer; Chief Financial Officer | Senior Management | 2019 | 56 |
| Karen A. Farrell | Chief Human Resources Officer; Senior Vice President | Senior Management | 2023 | - |
| Mike Hill | Chief Commercial Officer | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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