FuelCell Energy and KHNP to Pursue Clean Hydrogen Production Projects in Korea
FuelCell Energy, Inc. (FCEL)
Last fuelcell energy, inc. earnings: 3/16 07:00 am
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Source: GlobeNewswire
DANBURY, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Korea Hydro & Nuclear Power Co., Ltd (KHNP) announced that the two companies have agreed to jointly pursue hydrogen energy business initiatives and have signed a memorandum of understanding (MOU) outlining the possibilities. The cooperative approach will focus on the development and implementation of advanced energy solutions using FuelCell Energy’s solid oxide electrolysis hydrogen platform and KHNP’s nuclear power plants within the scope of relevant laws and regulations. This initiative will combine South Korea’s domestic clean energy sources with FuelCell Energy’s electrolyzer platform that uniquely uses electricity and thermal energy sources to produce lower cost, domestic clean hydrogen, and diversify South Korea’s hydrogen supply beyond imported fuels. KHNP operates a diverse range of electric generating power plants in South Korea, including nuclear, hydroelectric, renewable energ
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News
- Why Investors Need to Take Advantage of These 2 Oils-Energy Stocks Now [Yahoo! Finance]Yahoo! Finance
- FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth [Yahoo! Finance]Yahoo! Finance
- FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center GrowthGlobeNewswire
- FuelCell Energy, Inc. (NASDAQ: FCEL) had its price target lowered by analysts at Wells Fargo & Company from $30.00 to $5.00. They now have an "underweight" rating on the stock.MarketBeat
- FuelCell Energy, Inc. (NASDAQ: FCEL) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
FCEL
Earnings
- 9/5/24 - Beat
FCEL
Sec Filings
- 11/15/24 - Form 8-K
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K
- FCEL's page on the SEC website