FuelCell Energy up on Siemens collaboration to expand fuel cell deployments

Siemens AG

09/07/2026 16:31

Updates
** FuelCell Energy's FCEL.O shares rise 7.3% to $24.17
** FCEL collaborates with Siemens to accelerate the growth of fuel-cell-based power generation
** Under the deal, Siemens will design and supply electrical balance of plant systems for fuel cell installations, supporting the deployment of 100+ megawatt commercial projects
** FCEL and Siemens will jointly pursue project development across engineering, system integration and delivery of distributed energy solutions 
** Including session moves, shares up 230% YTD

(Reporting by Katha Kalia in Bengaluru)
((katha.kalia@thomsonreuters.com))