Fuel Cell Technologies News

Copyright i 1 2 2012 Bloomberg L.P. Bloomberg licenses the Beacon Journal Publishing Co, Inc.

FuelCell Energy Inc. may be the first company to turn a profit producing systems that generate power chemically from natural gas, as the fuel's historic price plunge drives sales.

FuelCell Energy, Inc. , a leading manufacturer of ultra-clean, efficient and reliable power plants, announced today it will release its second quarter 2012 financial results after the Market Close on Tuesday, June 5, 2012.

Quantum Fuel Systems Technologies Worldwide provided an update on the near term direction and focus of the Company following recent executive management changes.

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Quantum Fuel Systems Technologies Worldwide, Inc. received a $4.8 Million purchase order from Agility Fuel Systems, a natural gas fuel system integrator for heavy duty trucks, buses and specialty vehicles, for Quantum's industry-leading high capacity ultra-light weight natural gas tanks.

FuelCell Energy, Inc. a leading manufacturer of ultra-clean, efficient and reliable fuel cell power plants, today announced that its German subsidiary, FuelCell Energy Solutions GmbH, is acquiring select assets from MTU Friedrichshafen GmbH, a subsidiary of Tognum AG.

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Irvine-based Quantum Fuel Systems Technologies , the developer of electric vehicle propulsion systems and related alternative energy products, reported today that it has received a working capital line of credit worth up to $10.0M. The firm said the line of credit came from Bridge Bank, and was at prime rate plus 2 percent.

May 8, 2012 FuelCell Energy, Inc. , a leading manufacturer of ultra-clean, efficient and reliable fuel cell power plants, today announced that the delivery schedule of the previously announced 70 megawatt order with POSCO Energy will be accelerated to meet growing demand in Asia for ultra-clean, efficient and reliable fuel cell power plants.

Quantum Fuel Systems Technologies Worldwide, which is owned by Schneider Power in Irvine, California, bought the four turbine, 10 megawatt project just off of Nauvoo Road late last month.

Shares of FuelCell Energy traded down 3.42% during mid-day trading on Monday, hitting $1.13. FuelCell Energy has a 52 week low of $0.80 and a 52 week high of $1.97. The company's market cap is $159.4 million.

May 2, 2012 FuelCell Energy, Inc. a leading manufacturer of ultra-clean, efficient andreliable fuel cell power plants, today announced the completion of the previously announced $30 million investment by POSCO Energy.