FuelCell Energy rises on manufacturing expansion plans

FuelCell Energy

23/03/2026 12:36

** Shares of renewable power company FuelCell Energy FCEL.O rise 3.8% to $6.84 premarket

** Co says it is rolling out standardized 12.5-megawatt power blocks to speed deployment in grid‑constrained markets

** Co says it plans to expand manufacturing capacity by more than three times over time at its Torrington, Conn., facility from approximately 100 to 350 MW to meet expected demand

** Says its business development pipeline has increased by 275% since February 2025, with the vast majority of the increase coming from data center customers

** Up to last close, FCEL down 9.85% YTD

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com))