by Hydrogeit | Mar 3, 2016 | North America

Fuel cell power plant, © FuelCell Energy
To free FuelCell Energy from the shackles of “penny stock life,” the company based in Danbury, Connecticut, took the radical step of merging its shares (reversal stock split) at a ratio of 12:1, effective from Dec. 4, 2015 (see graph). Considering the organization’s more than 300 million outstanding shares (more to say, 475 million fully diluted ones, and 40 million after the split), this move was to be expected: The company was running the risk of being dropped from Nasdaq (more…)
by Hydrogeit | Jul 15, 2015 | North America

The biggest fuel cell stack
FuelCell Energy (FCEL, US-$ 1,20) has reported a wide range of orders and technological breakthroughs. At the 2015 Hanover trade show, the biggest fuel cell in the world was presented (4.5 m. long), with an output of 400 kW. The company sees itself to be well on the way to be able to construct innovative, high performance complete FC systems for large scale use (universities, industry, hospitals, and much more) in order to be able to produce clean electricity very efficiently and to put the waste heat to use as well. With the partners O & G Industries and CT Energy + Technologies, an order was gained from the US city/municipal authority Beacon Falls in Connecticut for a 63-MW-FC power plant, which according to the company will be the biggest of its kind in the world when it is complete. It proved possible (more…)