- Fourth quarter gross billings of $62.1 million versus $32.9 million gross billings in fourth quarter 2017. The Company in 2018 had total gross billings of $184.8 million, a 42% increase versus 2017.
- Positive adjusted EBITDA for fourth quarter 2018, the first in the Company’s history
- GAAP loss per share of $0.08; adjusted loss per share of $0.07
- Delivered fuel cell systems to power over 1,900 zero emission electric vehicles
- Arranged over $100 million of new project construction finance commitments in the first quarter of fiscal 2019
- Completed the construction phase of our high efficiency SureSource 4000 plant solution
DANBURY, Conn.– FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today reported financial results for its first fiscal quarter ended January 31, 2019 and key business highlights.
Renovation of OneH2’s Headquarters is Underway after the Hydrogen Fuel Company Becomes the Recipient of a State Grant
During the fourth quarter 2018 sales for PowerCell Sweden AB (publ) increased to MSEK 28.1 compared to MSEK 15.8 for the same period last year (+78 %). Operating income for the period amounted to MSEK -11.1 compared to MSEK -17.4 for the same period last year.
PHOENIX, AZ — Nikola Corporation today announced that Mark Russell has joined its executive management team as president. Russell, 56, joins Nikola at a time when the company is poised to start production of several groundbreaking zero-emission vehicles.
The Nomination Committee for myFC proposes that Ann-Sofie Nordh, Vice President and Head of Investor Relations at Sandvik AB, be elected to the Board of Directors at the forthcoming AGM in myFC.
Freudenberg Makes Large Investment in Battery and Fuel Cell Technology with Acquisition of Majority Stakeholding in Xalt EnergyFebruary 7, 2019
Ownership equity allows sealing company to pursue growth in lithium-ion battery and fuel cell products and services
- Sleeping Bear Capital acquires the fuel cell manufacturing business unit of Ultra Electronics
- The division, now called Adaptive Energy, is the world’s leading maker of solid oxide fuel cells (SOFC) for back-up and portable power applications. Its fuel cell systems are powered by globally available and energy dense propane, butane, and natural gas
- This acquisition is the first by Sleeping Bear Capital, a new technology-focused private equity firm. Sleeping Bear will support Adaptive Energy’s impressive growth trajectory by leveraging its operational and financial resources