ADVFN Logo
Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
FuelCell Energy Inc

FuelCell Energy Inc (FCEL)

0.47555
-0.01705
( -3.46% )
Updated: 14:07:13

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.47555
Bid
0.4755
Ask
0.4756
Volume
12,343,904
0.46 Day's Range 0.517
0.371 52 Week Range 1.84
Market Cap
Previous Close
0.4926
Open
0.5064
Last Trade
100
@
0.47555
Last Trade Time
14:07:24
Financial Volume
$ 5,965,501
VWAP
0.483275
Average Volume (3m)
39,412,404
Shares Outstanding
556,009,549
Dividend Yield
-
PE Ratio
-2.41
Earnings Per Share (EPS)
-0.2
Revenue
123.39M
Net Profit
-110.77M

About FuelCell Energy Inc

FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wa... FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea. Show more

Sector
Elec Indl Apparatus, Nec
Industry
Elec Indl Apparatus, Nec
Headquarters
Wilmington, Delaware, USA
Founded
-
FuelCell Energy Inc is listed in the Elec Indl Apparatus sector of the NASDAQ with ticker FCEL. The last closing price for FuelCell Energy was $0.49. Over the last year, FuelCell Energy shares have traded in a share price range of $ 0.371 to $ 1.84.

FuelCell Energy currently has 556,009,549 shares outstanding. The market capitalization of FuelCell Energy is $273.89 million. FuelCell Energy has a price to earnings ratio (PE ratio) of -2.41.

FCEL Latest News

FuelCell Energy Reports Third Quarter of Fiscal 2024 Results

(All comparisons are year-over-year unless otherwise noted) Revenue of $23.7 million compared to $25.5 millionGross loss of $(6.2) million compared to $(8.2) millionLoss from operations of $(33.6...

U.S. Index Futures Steady Amid Labor Data Anticipation; Oil Prices Rise

U.S. index futures are little changed in pre-market trading on Thursday amid a rocky start to September. Investors await key labor market data, including jobless claims and the nonfarm payroll...

FuelCell Energy Participates in Panel Discussion on Scaling Technologies in Hydrogen Production at Investing in Green Hydrogen 2024

DANBURY, Conn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced its participation in a discussion on “Scaling Critical Technologies in Hydrogen Production” at...

FuelCell Energy Announces Third Quarter of Fiscal 2024 Results Conference Call on September 5, 2024 at 10 A.M. Eastern Time

DANBURY, Conn., Aug. 27, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art...

FuelCell Energy Announces Major Clean Fuel Fund Support for eFuel Projects in Canada

DANBURY, Conn., Aug. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL), a global leader in sustainable energy technologies for the delivery of energy and emissions management...

FuelCell Energy, Inc. Announces Special Stockholder Meeting

DANBURY, Conn., Aug. 20, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that it plans to hold a special meeting of its stockholders (the “Special Meeting”) on...

FuelCell Energy to Show Industry How to Sustainably Create CO2 at World Brewing Congress

DANBURY, Conn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy Inc. (Nasdaq: FCEL) announced its participation in the World Brewing Congress, taking place August 17-20 in Minneapolis, Minn...

FuelCell Energy Marks a Significant Milestone in Korean Market Expansion

DANBURY, Conn., July 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL) held a pivotal event in Seoul on June 28, 2024, reinforcing and demonstrating the company's commitment to...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.025555.677777777780.450.53650.43275208909110.48853372CS
40.024555.443458980040.4510.53650.371207916040.43903679CS
12-0.18395-27.89234268390.65950.720.371394124040.5381951CS
26-0.55445-53.83009708741.031.240.371397242550.71893826CS
52-0.68445-59.00431034481.161.840.371262706590.8519818CS
156-5.77445-92.39126.2511.6290.371200851993.15910906CS
2600.0985526.14058355440.37729.43960.227229598815.19231473CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
GSIWGarden Stage Ltd
$ 5.16
(127.31%)
49.14M
ZEOZeo Energy Corporation
$ 2.53
(121.93%)
57.71M
TBIOTelesis Bio Inc
$ 2.70
(98.53%)
51.19M
XCURExicure Inc
$ 3.8499
(68.12%)
16.25M
EWTXEdgewise Therapeutics Inc
$ 28.96
(51.86%)
9.56M
HAOHaoxi Health Technology Ltd
$ 0.7596
(-74.68%)
7.12M
HOVRNew Horizon Aircraft Ltd
$ 0.4777
(-35.53%)
2.91M
XCHXCHG Ltd
$ 12.26
(-33.26%)
1.25M
PGNYProgyny Inc
$ 16.48
(-32.57%)
13.49M
BLMZBloomZ Inc
$ 0.955
(-30.29%)
634.93k
NVDANVIDIA Corporation
$ 119.1807
(5.13%)
193.04M
SQQQProShares UltraPro Short QQQ
$ 7.6152
(-9.34%)
164.45M
HOLOMicroCloud Hologram Inc
$ 0.249
(23.08%)
97.55M
MAXNMaxeon Solar Technologies Ltd
$ 0.1008
(10.89%)
92.36M
FRGTFreight Technologies Inc
$ 0.1199
(-3.23%)
79.3M

FCEL Discussion

View Posts
igotthemojo igotthemojo 2 hours ago
"That's very good news"

oh yea!...when a company starts selling off its equipment for cash to keep its head above water, its always "very good news"...

SMGDH
👍️0
Hoghead7 Hoghead7 2 hours ago
That's very good news I imagine a fuel cell got $40 plus million That might help the share price. Is it plug burning over $100 million a quarter?
👍️0
WeTheMarket WeTheMarket 4 hours ago
Posted 3 hrs ago.

👍️0
uksausage uksausage 6 hours ago
big financing news, an immediate $40M+ cash from sale/leasing deal on their hydrogen liquefaction/storage equipment.
👍️ 1
Hoghead7 Hoghead7 6 hours ago
Plug just ended up with 523,000 shares traded at 7.55am, it was under 100,000 15-20 minutes ago?
👍️0
igotthemojo igotthemojo 15 hours ago
well there was the long anticipated big cut to the interest rate...the one that was supposed to be so good for fcel...down 4%....smh
👍️0
WeTheMarket WeTheMarket 23 hours ago
Key slides from the Mission Hydrogen webinar "Hydrogen Liquefaction", earlier today.
The speaker was the “technological great-great-grandson” of Carl von Linde, Lutz Decker. He is the Chief Technology Officer of Linde Kryotechnik, the cryo division of Linde.



























👍️0
jd757 jd757 23 hours ago
Two words for this company is all you need to know

Reverse split

It’s coming for you
👍️0
Hoghead7 Hoghead7 23 hours ago
2 reasons contributing to the difference today vs yesterday when FCEL was the biggest gainer by far.

Motley Fool posting INACCURATE info, $120M cash and burning $250M per year. BOTH numbers are wrong! This is posted in at least 3 different articles by MF
https://www.fool.com/investing/2024/09/17/why-fuelcell-energy-stock-jumped-9-today/

Plug on the other hand resolved SEC settlement requirements and avoided $5M in potential additional fees/fines as result.
https://www.google.com/url?rct=j&sa=t&url=https://www.timesunion.com/business/article/plug-power-completes-accounting-fixes-sec-19770680.php&ct=ga&cd=CAEYBSoTNjg5OTc3MDA2NjY1MDk2ODI2MTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw0Y1wMiG7DrdYDWsHzwLV6o
👍️0
igotthemojo igotthemojo 23 hours ago
"Anyone here ever run a company trying to break into a long standing market? Or manage finances for $200M company? "

only CEO's can offer up criticism of a CEO's inept and poor performance?...SMH

ive never played in the NFL but i know a shitty quarterback when i see one...when a QB cant run or throw and has crappy stats, hes just a shitty QB...

Few is a shitty CEO...
👍️0
Hoghead7 Hoghead7 23 hours ago
Exxonmobil States expected 45V by year end
https://d1io3yog0oux5.cloudfront.net/_78ac4d69382c9a54dca877406a8ec6ae/exxonmobil/db/2260/22305/presentation/XOM+Barclays+Slides+-+Final+for+Website+9.5.24.pdf
👍️ 1
igotthemojo igotthemojo 24 hours ago
" Maybe Few should kick the Fed where it counts, or something!"

Few should be kicking a can down the road...I have been saying that since 20 bucks a share...and you have been singing his praises forever...and now the pps is 50 cents facing a delisting and needing a dreaded r/s and you STILL think hes awesome...

SMGDH
👍️0
Hoghead7 Hoghead7 24 hours ago
Didn't hold $.50 either, very disappointed, but it did spike when .50 cut was announced. Maybe Few should kick the Fed where it counts, or something! This isn't a few things, just like being under $1. Unless someone knows specifically some he did or did not do that hurt the company, give it a break. I've already listed a variety of things he/they did do to improve the company and technicals. Anyone here ever run a company trying to break into a long standing market? Or manage finances for $200M company? Or have to deal with major local and Federal red tape? C'mon, get real. He's the reason Zacks gave upgrade based on technicals. They don't control the market. Does anyone know for fact what his responsibility is to be in or regain compliance with NASDAQ. Are they required to take any and all possible steps to regain compliance (like propose a RS)? I'm relatively certain that IS the case. If they don't go through the motions I'm sure it would effect if not prevent them from being granted an extension to regain minimum bid requirements.
👍️ 2
Hoghead7 Hoghead7 1 day ago
Hydrogen pushing forward daily, including streamlining the process

Just click click on all of the links yourself instead of me posting each link.
https://tdevbseab.cc.rs6.net/tn.jsp?f=001MmCbsvPsmf8lFsJkx1h08mgbkZXbFNglAhtdgecMxKo623YRhbUzMLFEpxWRf-rU2WIjbPRZC44p0jNGndKjkYpcjXyZT0M7ig_d_vVQwag36j1o8usAZCumt6xFjot1_6Lj42GDzv1yit_TYuSqa9mGlMULil8mRezYAGZKu8xFcIdib5Lj20mI5U4MIvjCJs-uQG3RVLfv1NJ2H0A34g==&c=pS4D0HJMdMYOSSWS-nqrGgdJyPI1ENy-GgTVFq0ob85e1l1-cTJQYg==&ch=TUt_if5FWd0UBcW3A32coM9r8343QJo8dyEPsvF4F7x6pheBKdpG7A==
👍️ 1
Hoghead7 Hoghead7 1 day ago
Well, we obviously didn't hold $.53 but we did hold $.50 after an early attack. Still looks as if it wants to move higher. Plug is doing a jig. Bloom is up and Ballard is down. So definitely no correlation at the moment. Big news would be nice, especially combined with rate cuts. They did expect/or at least hope for cut today. So if there's no new news, maybe they could at least do 1 of those very detailed, informative business updates. Especially with watching eyes growing.
👍️ 2
hopester hopester 1 day ago
The leader in the group ( by way of its Buy rating and Avg px tgts by analysts) is Bloom ( BE). Due to an announcement 2 days ago that they will be selling a few million shares, the market sold it off and made a new low or near one.
That doesn't auger well for the group, especially the weakest in it.
BE could reverse as the it wasn't a huge am't being sold; at least not like FCEL. It won't have that kind of dilutive effect.
👍️0
Hoghead7 Hoghead7 1 day ago
Above yesterday's close premarket on what seems to be about normal volume at this time. I do have a concern about a post that I saw stating 100% of options activity unplug power is bearish. Otherwise the industry looks poised for a nice move with FCE appearing to be one of if not the leader likely based on being so undervalued with all of the company specific developments.
👍️ 2
WeTheMarket WeTheMarket 1 day ago
FuelCell Energy, Inc. October 2024 Special Meeting of Stockholders
October 31, 2024 11:00 AM EST
Virtual Meeting
https://investor.fce.com/events/event-details/2024/eholder-Meeting--October-2024-defaultaspx/default.aspx
Add to Calendar https://www.virtualshareholdermeeting.com/FCEL2024SM
👍️0
WeTheMarket WeTheMarket 1 day ago
Reminder, free Mission Hydrogen webinar "Hydrogen Liquefaction", today at 10 am ET.
The speaker is the “technological great-great-grandson” of Carl von Linde, Lutz Decker. He is the Chief Technology Officer of Linde Kryotechnik, the cryo division of Linde.
Register at https://mission-hydrogen.com/

Background

Carl von Linde (1842-1934) was a German engineer, inventor and the founder of Linde plc, the world’s largest industrial gas company. In the 1870s he invented the refrigeration cycle, leading to fridges, air separation – and hydrogen liquefaction.

Fast forward to 2024, the world’s largest truck manufacturer, Daimler AG (“mother” of Mercedes-Benz trucks, Freightliner, Mitsubishi Fuso and others) is convinced that liquid hydrogen is the ideal fuel for long-haul trucking. A range of 1,000+ kilometers has been demonstrated in 2023, and according to their team, the refueling technology is very reliable and efficient.

However, the critical point is hydrogen liquefaction. While the US still have a significant number of liquefiers developed and built in the 1960s and 70s for NASA projects, Europe, Asia, Africa Latin America and Australia only have a few of them. So deploying a large number of liquefiers would be necessary.

Is that possible? How efficient are they today? How efficient will they be in 10 years from now? How do they work? What different option do we have? Is the liquid hydrogen supply chain ready for scale up?

These – and many other – questions will be answered in our next webinar.
👍️0
WeTheMarket WeTheMarket 1 day ago
Worth posting again.

Plug Power CEO Expects Softening of U.S. Treasury Guidance on Clean Hydrogen

Green Stocks Research
Posted Aug 9, 2024

PLUG Plug Power CEO Andy Marsh expects a softening of the US Treasury's proposed guidelines on clean hydrogen production after the democratic convention.

👍️0
Randy01 Randy01 2 days ago
Those 50 cent 9/20 calls that I bought for 2 cents on your recommendation are starting to look pretty good! Thanks REO
👍️0
Hoghead7 Hoghead7 2 days ago
Light reading!!
https://www.fuelcellenergy.com/partners
👍️0
jd757 jd757 2 days ago
Ya. Right up until the reverse split that wipes out your position in this investment. I wish you the best, hope it doesn’t come to that, but looks almost like a sure thing.
👍️0
Hoghead7 Hoghead7 2 days ago
Very bullish! Now we hope to stay over today's close throughout the day tomorrow, ideally, but holding over $.50 and closing green is the minimum hope to maintain bullish pattern.
👍️ 1
hopester hopester 2 days ago
" closing over $.52 would be extremely bullish"..
There he goes again! EXTREMELY BULLISH to him means up a nickel in a down trended stock. Does he not understand or refuses to accept basic technical and fundamentals signals.
The stocks technicals backed up with negative fundamentals suggest another short lived bounce only.
Resistance levels appear at multiple levels beginning at $.60. $1.00 is massive resistance. Beyond that a mountain of holders waiting to unload appear.
Its easy to see only what makes one feel good. But the market has no sympathy for the feel gooders. It follows tried and true principals that been in place with this stock for over 3 years. You don't change that with a $.05 gain.
Don't be fooled. This character is a promoter and a pusher.
Check his abyssmal record for 3 years. He's paid a commission to push it.
👍️0
WeTheMarket WeTheMarket 2 days ago
Hog, closed above $0.52, 30 million shares traded. Great close, near high of day.
👍️ 1
glenn1919 glenn1919 2 days ago
FCEL.........................https://stockcharts.com/h-sc/ui?s=FCEL&p=W&b=5&g=0&id=p86431144783
👍️0
Hoghead7 Hoghead7 2 days ago
So as I stated earlier ideally it would hold over 52 cents, But holding over 50 cents is still a very good sign. Closing over 52 cents would still be extremely bullish. Especially if we get 35 million shares traded today since there's only 26 million right now.
👍️ 1
hopester hopester 2 days ago
There's the bounce. Could carry to $.60. That's all to expect. I mentioned thisDED CAT Bounce looked probable on my 9/15 post.
There's no fundamental or technical reason to expect the stock to carry beyond $.60 - $.65 sas the ast report show no improvement is coming.
👍️0
Hoghead7 Hoghead7 2 days ago
There's volume, strong, and over $.52 is a very good sign. Let's see this stay over 52 cents throughout The trading day and after hours.
👍️ 1
Hoghead7 Hoghead7 2 days ago
Good question. Obviously we can only assume until we hear something. Although we may not hear something it could just be people saying okay the bottom is in. Extremely low volume up until 9:40 a.m. suggested to me people were not able to buy shares under the ask until that point, which is usually not the case. Could be manipulation running it up to take short-term profit and/or try to create volatility. But hopefully we close over 52 cents today. That would be a very good short-term sign. The fundamentals and technicals are all in our favor. Zacks said the strongest technical of improved earnings is a reason for their upgrade. Market capitalization should in no way be less than $300 million. Anyone taking a close look at the company should see value. Could be a combination of optimism with rate cuts, could be optimism about the election, could be people taking a closer look at the company and figuring the bottom is in. Or it could be real news like 45v being finalized in our favor. If there's no news in the next couple of days then it's lightly optimism or people committing to the value or combination thereof
👍️ 1
WeTheMarket WeTheMarket 2 days ago
I've been taking advantage of the lower share prices as of late to buy shares and lower my average cost per share. Another 2 cents from here, and I breakeven. Now I just wish I had more shares.
👍️0
WeTheMarket WeTheMarket 2 days ago
Hog, over 8 million shares traded now, and up 10%, what's going on?
👍️0
Hoghead7 Hoghead7 2 days ago
132,000 shares at 9:31, 368k at 9:35. At this rate we'll be well under 10M traded on the day. Looks like people are slapping the ask because they can't grab shares lower, or maybe no stop losses left. 1 month hi at time of this post.
👍️ 1
hopester hopester 2 days ago
Light volume pre-market open shows no interest in buying.......I guess.
👍️0
Hoghead7 Hoghead7 2 days ago
Can anyone recall the last time only 39,000 shares traded by 9am? I guess no share selling!
👍️ 1
WeTheMarket WeTheMarket 2 days ago
Banks Pledge $386 Billion to Support India’s Renewable Energy Industry
Sep 16, 2024
https://oilprice.com/Latest-Energy-News/World-News/Banks-Pledge-386-Billion-to-Support-Indias-Renewable-Energy-Industry.html

Financial institutions have pledged a total of $386 billion in investment commitments to help India boost its renewable energy industry, Renewables Energy Minister Pralhad Joshi said on Monday.

India targets to have 500 gigawatts (GW) of renewables capacity installed by 2030, compared to around 153 GW capacity now.
The country will need to install at least 44 GW of clean energy capacity every year by the end of the decade to meet the 500-GW goal, according to Bloomberg’s estimates based on data from the Indian Ministry of Power.

“We received overwhelming commitments from states and Union Territories as well as from the developers, manufacturers, and financial institutes to support our goal of 500 GW by 2030,” the renewables minister, Pralhad Joshi, said at the annual Renewable Energy Investor's Meet and Expo, as carried by Reuters.

India-based conglomerates Reliance Industries and Adani are among the companies that have pledged additional renewable energy capacity. Reliance committed 100 GW of additional renewable capacity, and Adani Green Energy pledged to develop 38.8 GW of capacity.

The growing economy and rising electricity demand are boosting estimates for India’s long-term power needs.

India’s electricity demand rose by 7% in 2023, the International Energy Agency (IEA) said in its Electricity 2024 report earlier this year.
The country will see growth of above 6% on average annually until 2026, supported by strong economic activity and expanding ownership of air conditioners, according to the Paris-based agency.

“Over the next three years, India will add electricity demand roughly equivalent to the current consumption of the United Kingdom. While renewables are set to meet almost half of this demand growth, one-third is expected to come from rising coal-fired generation,” the IEA noted.

Despite the renewables push, India plans to increase its domestic coal production and reduce imports, G. Kishan Reddy, Minister of Coal and Mines, said in June 2024.
👍️0
WeTheMarket WeTheMarket 3 days ago
LPO Announces Conditional Commitment to Wabash Valley Resources to Repurpose Fossil Fuel Infrastructure to Produce Low-Carbon Ammonia for Midwest Farmers
September 16, 2024
https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-wabash-valley-resources-repurpose-fossil-fuel

As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today a conditional commitment for a loan guarantee of up to $1.559 billion to Wabash Valley Resources, LLC (Wabash Valley Resources). The loan guarantee would help finance a commercial-scale waste-to-ammonia production facility using carbon capture and sequestration (CCS) technology in West Terre Haute, Indiana. The project will have the potential to be the world’s first, carbon-negative ammonia production facility—underscoring the Biden-Harris Administration's continued commitment to ensuring the United States leads the world in clean energy manufacturing. The project would repurpose an industrial gasifier to utilize petroleum coke while permanently storing carbon dioxide to produce 500,000 metric tons of anhydrous ammonia annually. This project would play a critical role in securing domestic fertilizer supply for the region commonly known as the Corn Belt, contributing to both food security and climate goals. LPO’s conditional commitment of up to $1.559 billion would be part of a total investment of $2.4 billion that Wabash Valley Resources would secure for the project through private investment.

Wabash Valley Resources would be the first domestic producer located in the Corn Belt to produce low-carbon ammonia for local farmers and co-ops in the region. This low-carbon ammonia would be cost-competitive compared to existing ammonia imports, helping to drive down costs for local businesses and consumers. In addition to its environmental benefits, the facility would also support hundreds of high-quality union jobs in West Terre Haute.

Today’s announcement reinforces the Biden-Harris Administration’s efforts to support good-paying, high-quality job opportunities in communities across the country. The project is expected to create 500 construction jobs and 125 operations jobs—boosting the regional economy and adding to the nearly 16 million jobs created since President Biden and Vice President Harris took office. If the loan guarantee is finalized, Wabash Valley Resources would redevelop a former coal-fired power plant site near several closed coal mines, building on the Administration’s actions to spur new economic opportunities in communities that have helped power the nation for generations. Based on a third-party analysis, the Wabash Valley Resources project could create eight indirect permanent jobs for each of the 125 operations jobs created at the facility, resulting in 1,100 total permanent jobs, in addition to at least 500 union construction jobs.

Ammonia-based fertilizer is a crucial element of the U.S. agricultural system, but its production is a significant contributor to climate change. Globally, ammonia manufacturing accounts for 1% to 2% of all CO2 emissions. By producing low-carbon ammonia and permanently sequestering 1.6 million metric tonnes of CO2 annually, Wabash Valley Resources would contribute to the United States’ efforts to reduce its agricultural industry’s emissions.

The market for ammonia can be volatile, subjecting farmers to price fluctuations. For instance, the Russian invasion of Ukraine significantly increased ammonia costs for U.S. farmers. The Midwest, an agriculture-rich region of the United States where farmers rely on large amounts of nitrogen fertilizers to grow their crops, has driven steady demand growth for anhydrous ammonia. Currently, the region is lacking supply of locally sourced nitrogen fertilizers and requires imports from Canada (via trucks) and overseas (transported via pipelines and barges) to meet its demand.

Increasing domestic fertilizer production would help ensure the security and independence of the U.S. food supply chain. Today’s announcement is part of broader efforts by the Biden-Harris Administration to strengthen critical supply chains, support farmers, and rebuild industrial capacity in the United States.

Petcoke, a feedstock for the facility, is a waste product generated during the oil refining process. The United States is currently the world’s largest exporter of petcoke to low-income countries where it is combusted, causing significant adverse environmental effects. The Wabash Valley Resources project would be the first in the United States to utilize petcoke to produce ammonia and store the associated CO2 emissions via permanent geologic sequestration. Wabash Valley Resources intends to demonstrate a commercially and environmentally viable end-use alternative for petcoke.

These investments advance the President’s Justice40 Initiative, which sets a goal that 40% of the overall benefits of certain federal climate, clean energy, affordable and sustainable housing, and other investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution.

As part of the Biden-Harris Administration’s efforts to build an equitable and inclusive clean energy future, LPO borrowers are expected to develop and ultimately implement a comprehensive Community Benefits Plan (CBP). CBPs ensure borrowers meaningfully engage with community, environmental, and labor stakeholders to create good-paying jobs, improve the well-being of residents and workers, and minimize and mitigate any environmental impacts. Wabash Valley Resources has engaged the community and collaborated with various stakeholders, such as the Central Wabash Valley Building and Construction Trades Council and the Indiana State Building and Construction Trades Council.

Workers at the Wabash Valley Resources facility are expected to be represented by several unions, such as the International Brotherhood of Electrical Workers (IBEW), Boilermakers Local 374, Bricklayers Local 4, Cement Masons Local 692, Plumbers and Steamfitters Local 157, and Operating Engineers Local 841. The project has been approved under the National Maintenance Agreement (NMA), a national collective bargaining agreement overseen by the National Maintenance Agreement Policy Committee. The NMA, to which all local building trades unions are signatories, helps to ensure high-quality work conditions and mitigate project delays. To attract a sustainable and diverse workforce, Wabash Valley Resources plans to partner with the Indiana Plan for Equal Employment to create a pathway for identified candidates into apprenticeship and training programs. To continue its commitment to the Justice40 initiative and reduce the harmful effects to historically disadvantaged communities, Wabash plans to improve the quality of water by supporting the revitalization and conservation project for Wabash River that runs through Vigo County. Wabash shall redevelop the existing 50-acre brownfield property, which will support the State of Indiana Economic Development Corporation’s goal of redeveloping communities and building capacity at the local level.

Wabash Valley Resources plans to engage with four local colleges that may offer training in the skills necessary to operate the anhydrous ammonia plant: Rose-Hulman Institute of Technology, Indiana State University, Saint Mary-of-the-Woods College, and Ivy Tech Community College. The company will also be pursuing a collaborative program for pre-employment testing and certification.

This conditional commitment is being offered through the Energy Infrastructure Reinvestment (EIR) program under Title 17 Clean Energy Financing Section 1706, first authorized and appropriated by President Biden’s Inflation Reduction Act. EIR can finance projects that retool, repower, repurpose, or replace energy infrastructure that has ceased operations or enable operating energy infrastructure to avoid, reduce, utilize, or sequester air pollutants or greenhouse gas emissions. This project will repower existing energy infrastructure that has been nonoperational and support reinvestment in the community, underscoring the Biden-Harris Administration’s deep commitment to ensuring no community is left behind as we build America’s clean energy future.

While this conditional commitment indicates DOE’s intent to finance the project, DOE and the company must satisfy certain technical, legal, environmental, and financial conditions before the Department enters into definitive financing documents and funds the loan guarantee.
👍️0
WeTheMarket WeTheMarket 3 days ago
Free Mission Hydrogen webinar "Hydrogen Liquefaction", Wed. Sep 18, 10 am ET.
The speaker is the “technological great-great-grandson” of Carl von Linde, Lutz Decker. He is the Chief Technology Officer of Linde Kryotechnik, the cryo division of Linde.
Register at https://mission-hydrogen.com/

Background

Carl von Linde (1842-1934) was a German engineer, inventor and the founder of Linde plc, the world’s largest industrial gas company. In the 1870s he invented the refrigeration cycle, leading to fridges, air separation – and hydrogen liquefaction.

Fast forward to 2024, the world’s largest truck manufacturer, Daimler AG (“mother” of Mercedes-Benz trucks, Freightliner, Mitsubishi Fuso and others) is convinced that liquid hydrogen is the ideal fuel for long-haul trucking. A range of 1,000+ kilometers has been demonstrated in 2023, and according to their team, the refueling technology is very reliable and efficient.

However, the critical point is hydrogen liquefaction. While the US still have a significant number of liquefiers developed and built in the 1960s and 70s for NASA projects, Europe, Asia, Africa Latin America and Australia only have a few of them. So deploying a large number of liquefiers would be necessary.

Is that possible? How efficient are they today? How efficient will they be in 10 years from now? How do they work? What different option do we have? Is the liquid hydrogen supply chain ready for scale up?

These – and many other – questions will be answered in our next webinar.
👍️0
hopester hopester 4 days ago
It's deserving of a bounce having gone through a never ending trounce. It'll be short lived.
Charts don't lie.
👍️0
hopester hopester 4 days ago
Reality check? I did! And found a CEO who was hired and paid millions to turn the company around.
What I found was during his tenure he pocketed millions while the company sunk further into the ground.

Thestock was $5.00 when he took over. It's ow $.48/sh. What he showed for it is a bunch of promises, a monster dilution DECIMATING shareholder value, continuous losses , added borrowings, out of control expenses and now a R/S.
Who needs a reality check? It's all in front of you.FCEL IS NEXT IN LINE TO CUT JOBS.
YOU WATCH!
👍️0
igotthemojo igotthemojo 4 days ago
from the first link:

"As of the second quarter, the stock is held by 11 hedge funds and the stakes amount to $3.28 million."

oh wow...LOL

and the last link is regurgitated stuff from 7 mths ago...
👍️0
Hoghead7 Hoghead7 4 days ago
https://www.google.com/url?rct=j&sa=t&url=https://www.insidermonkey.com/blog/fuelcell-energy-fcel-hedge-funds-are-bullish-on-this-green-energy-penny-stock-now-1351699/&ct=ga&cd=CAEYACoTMzM2NTAwMzYyMjA5MTY1Nzk5NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3uCF4s5nmaa8IRWWQuPjmY

https://www.ecoticias.com/en/america-to-produce-hydrogen-and-ammonia/6176/

Plug and Ballard cutting, next 2 links. Reacting, FCEL all ready cut (Proactively)! Those questioning management and bashing Few need a reality check!
https://www.google.com/url?rct=j&sa=t&url=http://www.msn.com/en-us/money/companies/plug-power-to-cut-jobs-among-other-moves-meant-to-save-75-million-a-year/ar-BB1igy8s%3Fapiversion%3Dv2%26noservercache%3D1%26domshim%3D1%26renderwebcomponents%3D1%26wcseo%3D1%26batchservertelemetry%3D1%26noservertelemetry%3D1&ct=ga&cd=CAEYCCoTMzM2NTAwMzYyMjA5MTY1Nzk5NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw36hBvM_S7G8GfyK6-EZpdS

https://www.google.com/url?rct=j&sa=t&url=https://www.qcintel.com/ammonia/article/canadian-hydrogen-fuel-cell-firm-to-slash-costs-amid-slowdown-29295.html&ct=ga&cd=CAEYCSoTMzM2NTAwMzYyMjA5MTY1Nzk5NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3BKj_6NtKuZe-Fx2PMxROR
👍️ 1
Hoghead7 Hoghead7 5 days ago
https://www.hydrogenfuelnews.com/hydrogen-fuel-cell-and-ev/8566872/
👍️ 1
glenn1919 glenn1919 5 days ago
FCEL.....................................https://stockcharts.com/h-sc/ui?s=FCEL&p=W&b=5&g=0&id=p86431144783
👍️0
hopester hopester 6 days ago
Looks like a bounce is in the works. I'll call it a Kamala Bounce. She's a big fan of Alt Energy. Trump loves fossil fuels.
She creamed him in the debate and the poll#'s are showing it on balance.
Let's see how far it goes.
👍️0
hopester hopester 6 days ago
You should have watched the debate. Trump had a meltdown blabbering, unglued, angered, .Like a trapped rat , cornered by a skilled opponent, he couldn't handle it. So the anger came out. The frustration showed.
In effect , his true colors shined.
Do I believe he's capable of getting us into WW3? You bet. With a temperament like that, when he's cornered he can do it.
He was caught in more lies as the moderators pointed out.
I'll not have this vindictive narcissist criminal with the power he'd be given.
If its the difference between paying more taxes or electing a maniac capable of anything, I'll take the taxes.
I'm not a Liberal by any means, but I do believe she'd be a better choice than him. Much Better.
👍️ 1
WeTheMarket WeTheMarket 6 days ago
Strong close today, near HOD, decent volume.
👍️ 1
igotthemojo igotthemojo 6 days ago
"Do you really trust this guy?"

what in anything i have said ever gave you that impression?....i dont TRUST either one of them...

"I don't give a flying #&* about what he didn't start in the 4 years he jerked us around."

well you seem convinced he will start ww3 if elected but he didnt during his first term...thats simply a fact...whether you like it or not...and its puts your claim about him starting ww3 as nothing but drama...

as for the "debate", im not really particularly interested...i didnt watch it...its nonsense anyway...its like watching wrestling...they both claim they won and the other cheated...lol...its all fake...i prefer watching one on one interviews with respected and knowledgeable interviewers...

"And yes he VETOED it. . So the guy who talks about stopping illegal immigration at the border, vetoes a bill, signed by both houses that would have."

you mean Biden and Kamala HAD to let in all the terrorists and criminals?...they were forced to?...because Trump Vetoed a immigration bill that had a bunch of crap in it that he didnt want?...

"That one needs a full explation."

oh really?...a immigration bill that Trump didnt sign because he wasnt letting in terrorists and criminals anyway needs to be explained?....but Biden and Kamala letting in 11 mil people including hundreds of thousands of terrorists and criminals needs no explanation?...in fact, lets vote to keep that on-going?...
🤢 1 🤪 1
2easily 2easily 6 days ago
pumped to all hell
👍️0

Your Recent History

Delayed Upgrade Clock