Latest news with #FuelCellEnergy
Yahoo
6 days ago
- Business
- Yahoo
Earnings To Watch: Methode Electronics (MEI) Reports Q1 Results Tomorrow
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) will be announcing earnings results this Wednesday after the bell. Here's what you need to know. Methode Electronics missed analysts' revenue expectations by 8.9% last quarter, reporting revenues of $239.9 million, down 7.6% year on year. It was a disappointing quarter for the company, with revenue guidance for next quarter missing analysts' expectations significantly and a significant miss of analysts' EBITDA estimates. Is Methode Electronics a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Methode Electronics's revenue to decline 17.5% year on year to $228.8 million, a further deceleration from the 7.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Methode Electronics has missed Wall Street's revenue estimates four times over the last two years. Looking at Methode Electronics's peers in the electrical equipment segment, some have already reported their Q1 results, giving us a hint as to what we can expect. FuelCell Energy delivered year-on-year revenue growth of 66.8%, beating analysts' expectations by 14.4%, and ChargePoint reported a revenue decline of 8.8%, falling short of estimates by 3.2%. FuelCell Energy traded up 43.5% following the results while ChargePoint was down 23.3%. Read our full analysis of FuelCell Energy's results here and ChargePoint's results here. There has been positive sentiment among investors in the electrical equipment segment, with share prices up 5% on average over the last month. Methode Electronics is up 19.7% during the same time and is heading into earnings with an average analyst price target of $10.50 (compared to the current share price of $10.26). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Forbes
6 days ago
- Automotive
- Forbes
Altered Carbon 2: Anaergia Gas Powers The Toyota Trigen Plant.
Anaergia anaerobic digester operations at the Victor Valley Water Reclamation Authority wastewater ... More treatment plant What happens to all the food waste? Too often, it ends up in landfills—taking up valuable space and producing foul-smelling landfill gas rich in methane and carbon dioxide. Both are potent greenhouse gases that significantly contribute to climate change. In Los Angeles County alone, a staggering 11.1 million tons of organic waste are sent to landfills each year—and food waste makes up about 21%. But is there a better way? Anaergia just might have the answer--renewable natural gas (RNG). What is even better for this story, the Anaergia's plant powers the Toyota Tri-gen Plant, which was introduced last year. The Tri-gen facility was developed by Fuel Cell Energy (FCE) at Toyota's Logistics Services terminal at the Port of Long Beach. This innovative plant produces electricity, hydrogen, and water using Anaergia's RNG. At the heart of the facility is a 2.8 MW molten carbonate fuel cell, which internally process RNG into a blend of hydrogen, carbon dioxide, and steam. Approximately 70% of the hydrogen is used to generate 2.3 MW of net electricity, powering Toyota's terminal operations. The remaining 30% is purified to yield up to 1,200 kg of fuel-grade hydrogen per day. From there, hydrogen flows to two adjacent refueling stations—one for hydrogen heavy-duty port trucks and the other for passenger vehicles like the Toyota Mirai. The byproduct water is used in the carwash before shipping to the dealerships. Anaergia Inc. is a Canadian-based company in Burlington, Ontario, specializing in sustainable infrastructure by transforming organic waste into renewable energy. The company operates globally, delivering solutions across North America, Europe, and other regions. Anaergia's technology portfolio includes advanced anaerobic digesters, biogas upgrading systems, and integrated waste management equipment. The company not only manufactures and installs this infrastructure but also provides full-service project financing, operations, and lifecycle support. Their projects enable municipalities and industries to comply with strict environmental regulations, like California's SB 1383, while creating carbon-negative fuels. In California, the Victorville Project, operated under Anaergia's subsidiary SoCal Biomethane, is an award-winning, cutting-edge example of sustainable infrastructure retrofitting. It is located at the Victor Valley Water Reclamation Authority (VVWRA) wastewater treatment plant and supplies RNG to Fuel Cell Energy and Toyota Tri-Gen Plant. Using Anaergia's proprietary Omnivore™ digester technology and biogas upgrading systems, the Victor Valley facility co-digests sewage sludge and food waste—waste streams that would otherwise contribute significantly to methane GHG emissions. The plant converts 235,000 tons a year of waste and biosolids (140,000 gallons per day of wastewater biosolids and 20,000 gallons per day of external organic food waste) into 320,000 Mmbtu (94 GWh) of biomethane annually or 260 MWh daily. 'Anaergia is one of the world's leading bioenergy developers, with more than a decade of experience converting organic waste and wastewater biogas into carbon negative power and fuels. Anaergia develops cutting edge projects that eliminate methane emissions from organic waste, which is the source of 87 percent of California's methane emissions, and they are doing it successfully on four continents. Climate experts agree that methane reduction is the most urgent climate solution and Anaergia is making it happen.'— Julia Levin, Executive Director, Bioenergy Association of California. Various waste and product technologies deployed by Anaergia. Anaerobic digestion is a biological process that breaks down organic solids in the absence of oxygen, yielding biogas and a nutrient-rich digestate. At the core of Anaergia's facilities is this process, enhanced by their proprietary Omnivore™ technology. Omnivore™ retrofits existing digesters to handle higher organic loading rates and co-digestion of multiple waste streams, making it a cost-effective upgrade for wastewater treatment plants. The digester tanks are designed to mimic the conditions of the human digestive system—warm, mixed, and anaerobic. Inside, microbial communities break down primary sludge (settled solids from sewage), secondary sludge (biomass from aerobic treatment), and high-energy food waste into biogas. This is particularly valuable in facilities like the one in Victorville, where both sewage sludge and food waste are processed together—an approach known as co-digestion. The facility is retrofitted to accept food waste trucked in from external sources—waste that would otherwise end up in landfills, which are the leading source of methane emissions in California. Food waste is highly energetic, as it hasn't yet been metabolized, and represents a significant component by weight of landfill-bound material. Diverting this organic waste is critical to meeting methane reduction targets under state and international climate goals. To process the food waste, Anaergia employs proprietary equipment to remove residual contaminants, ensuring efficient and reliable digestion. The next step is upgrading and conditioning of raw biogas—about 60% methane and 40% carbon dioxide— into RNG. The process begins with the removal of trace contaminants, including reduced sulfur compounds, volatile organic compounds, and moisture, using physical-chemical scrubbers and cooling, condensation systems. Once conditioned, the biogas undergoes a three-stage membrane separation process. This system takes advantage of the different diffusivities of CO₂ and methane, allowing for efficient recovery of methane at purity levels exceeding 99%. The final product is pipeline-grade RNG, indistinguishable from natural gas but with a negative carbon footprint. The gas is injected into the Southwest Gas utility pipeline. It is then used by FuelCell Energy as a feedstock for hydrogen and electricity production at the Port of Long Beach. After the anaerobic digestion process, the remaining material—called digestate—is separated into solids and liquids. The organic solids, which were not converted to biogas, still contain valuable nutrients and are typically dried and repurposed as high-quality fertilizer. This sustainable reuse avoids landfill disposal and returns nutrients to agricultural use. At the Victorville facility, operational responsibilities are split: Anaergia handles the front-end systems, including feedstock intake and biogas processing, while the Victor Valley Water Reclamation Authority oversees digestate management, leveraging their longstanding wastewater operations. This collaboration ensures efficient resource use and regulatory compliance. Anaergia contributes critical technologies and expertise to the success of its waste-to-energy projects. The company manufactures and implements key process components such as food waste cleaning systems that remove residual contamination, mixing equipment that improves digester efficiency, and membrane systems for biogas upgrading. Beyond equipment, Anaergia brings operational know-how that ensures the facilities run smoothly, safely, and at peak performance.
Yahoo
7 days ago
- Business
- Yahoo
FuelCell Energy CEO Jason Few Applauds 'One Big Beautiful Bill Act' as Catalyst for U.S. Clean Energy Leadership
DANBURY, Conn., July 07, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the 'One Big Beautiful Bill Act' (OBBBA) for its direct support of the fuel cell industry and its role in strengthening America's energy infrastructure, data center resilience, and clean manufacturing base. 'The 'One Big Beautiful Bill Act' is a landmark for American energy leadership—and it's time to set the record straight: clean energy was not sidelined,' said Few. 'In fact, the bill includes direct, powerful provisions that support the fuel cell industry and reinforce the United States' position as a global leader in data center infrastructure and grid resilience.' Few highlighted the reinstatement of the Investment Tax Credit (ITC) as a key win for the sector. He also emphasized the importance of preserving the transferability of federal tax credits, calling it 'very important—especially for small- and mid-sized companies—to maintain the ability to monetize these credits.' FuelCell Energy also expressed support for Congress' decision to modify hydrogen provisions in the bill, ensuring stability for companies that have already made significant investments in hydrogen. 'Supporters of the OBBBA deserve credit for moving the conversation toward a more inclusive, American-built and led, innovation-driven—and yes, clean—energy policy,' Few concluded. Full Statement from Jason Few, President & CEO of FuelCell Energy 'The 'One Big Beautiful Bill Act' is a landmark for American energy leadership—and it's time to set the record straight: clean energy was not sidelined. In fact, the bill includes direct, powerful provisions that support the fuel cell industry and reinforce the United States' position as a global leader in data center infrastructure and grid resilience. One of the most impactful elements of the legislation is the reinstatement of the Investment Tax Credit (ITC). By maintaining full ITC eligibility for fuel cell technologies, the bill ensures that companies like FuelCell Energy can continue to deploy U.S.-built platforms at scale. This is not just about clean energy—it's about national competitiveness, energy security, and the infrastructure backbone of the AI economy. The ITC's flexibility—especially its transferability and long-term visibility—gives developers and investors the confidence to accelerate deployment. That means more resilient power for data centers, more stable grids in the face of extreme weather, and more American jobs in advanced manufacturing. We especially applaud Congress' decision to preserve the transferability of key federal tax credits. It's particularly important for small- and mid-sized companies to maintain the ability to monetize these credits. That flexibility facilitates the financing they need to grow. If a mid-size, highly specialized manufacturer can go from one full-time production shift to two or even three, that's more U.S. jobs and faster deployment of power solutions. In addition, we support Congress' decision to modify the hydrogen provisions in the OBBBA. We recognize that many companies have made significant investments in hydrogen. Congress made the right call in ensuring that those investments are not undermined by sudden policy shifts. That kind of stability is essential for long-term innovation. Let's be clear: the OBBBA doesn't pick winners and losers—it recognizes the unique strengths of each clean energy technology. Fuel cells are dispatchable, scalable, and built for the demands of a digital, electrified future. This bill gives us the tools to lead. We appreciate all the work that has been done in the House and Senate on behalf of the energy sector, and we believe the supporters of the OBBBA deserve credit for moving the conversation toward a more inclusive, American-built and led, innovation-driven—and yes, clean—energy policy.' About FuelCell Energy FuelCell Energy, Inc. provides clean, reliable future-ready solutions that allow customers to access power faster and manage their emissions while keeping their operations running. Our efficient, scalable, and fuel-flexible systems—running on natural gas, biofuels, or hydrogen—provide steady baseload, grid-independent electricity worldwide. With more than 55 years of expertise and nearly 200 modules in commercial operation, we help customers achieve their immediate and future energy goals. Learn more at Contact:FuelCell Energyir@ Kathleen Blomquistkblomquist@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
Q1 Earnings Outperformers: FuelCell Energy (NASDAQ:FCEL) And The Rest Of The Renewable Energy Stocks
Let's dig into the relative performance of FuelCell Energy (NASDAQ:FCEL) and its peers as we unravel the now-completed Q1 renewable energy earnings season. Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation. Those who innovate and evolve with this dynamic market can win share while those who continue to rely on legacy technologies can see diminishing demand, which includes headwinds from increasing regulation against 'dirty' energy. Additionally, these companies are at the whim of economic cycles, as interest rates can impact the willingness to invest in renewable energy projects. The 18 renewable energy stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 5.2% while next quarter's revenue guidance was 1.1% above. Luckily, renewable energy stocks have performed well with share prices up 21.8% on average since the latest earnings results. Founded in 1969, FuelCell Energy (NASDAQ: FCEL) is a leading manufacturer and developer of carbonate fuel cell technology for stationary power generation. FuelCell Energy reported revenues of $37.41 million, up 66.8% year on year. This print exceeded analysts' expectations by 14.4%. Despite the top-line beat, it was still a softer quarter for the company with a significant miss of analysts' adjusted operating income estimates. 'In our second fiscal quarter, we delivered sequential revenue growth and continued executing on the disciplined cost management strategy we initiated in late 2024, in recognition of the changing energy landscape,' said Jason Few, President and Chief Executive Officer. Interestingly, the stock is up 2.3% since reporting and currently trades at $5.32. Read our full report on FuelCell Energy here, it's free. With its name deriving from a combination of 'generating' and 'AC', Generac (NYSE:GNRC) offers generators and other power products for residential, industrial, and commercial use. Generac reported revenues of $942.1 million, up 5.9% year on year, outperforming analysts' expectations by 2.3%. The business had a stunning quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 30.5% since reporting. It currently trades at $147.70. Is now the time to buy Generac? Access our full analysis of the earnings results here, it's free. One of the first EV charging companies to go public, Blink Charging (NASDAQ:BLNK) is a manufacturer, owner, operator, and provider of electric vehicle charging equipment and networked EV charging services. Blink Charging reported revenues of $20.75 million, down 44.8% year on year, falling short of analysts' expectations by 24.3%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Blink Charging delivered the weakest performance against analyst estimates and slowest revenue growth in the group. Interestingly, the stock is up 4.9% since the results and currently trades at $0.91. Read our full analysis of Blink Charging's results here. Founded in 1987, American Superconductor (NASDAQ:AMSC) has shifted from superconductor research to developing power systems, adapting to changing energy grid needs and naval technology requirements. American Superconductor reported revenues of $66.66 million, up 58.6% year on year. This print beat analysts' expectations by 10.6%. Overall, it was a stunning quarter as it also logged a solid beat of analysts' EBITDA estimates and revenue guidance for next quarter exceeding analysts' expectations. The stock is up 48.1% since reporting and currently trades at $35.89. Read our full, actionable report on American Superconductor here, it's free. Established in 2006, SolarEdge (NASDAQ: SEDG) creates advanced systems to improve the efficiency of solar panels. SolarEdge reported revenues of $219.5 million, up 7.4% year on year. This result topped analysts' expectations by 7.3%. It was a strong quarter as it also put up a solid beat of analysts' adjusted operating income estimates and a decent beat of analysts' EPS estimates. The stock is up 69.8% since reporting and currently trades at $21.94. Read our full, actionable report on SolarEdge here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
FuelCell Energy (FCEL): Buy, Sell, or Hold Post Q1 Earnings?
FuelCell Energy has gotten torched over the last six months - since December 2024, its stock price has dropped 45.6% to $5.77 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Is there a buying opportunity in FuelCell Energy, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it's free. Even though the stock has become cheaper, we don't have much confidence in FuelCell Energy. Here are three reasons why FCEL doesn't excite us and a stock we'd rather own. Investors interested in Renewable Energy companies should track backlog in addition to reported revenue. This metric shows the value of outstanding orders that have not yet been executed or delivered, giving visibility into FuelCell Energy's future revenue streams. FuelCell Energy's backlog came in at $1.26 billion in the latest quarter, and over the last two years, its year-on-year growth averaged 6.2%. This performance slightly lagged the sector and suggests that increasing competition is causing challenges in winning new orders. If you've followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can't use accounting profits to pay the bills. As you can see below, FuelCell Energy's margin dropped by 31 percentage points over the last five years. It may have ticked higher more recently, but shareholders are likely hoping for its margin to at least revert to its historical level. Almost any movement in the wrong direction is undesirable because it's already burning cash. If the longer-term trend returns, it could signal it's becoming a more capital-intensive business. FuelCell Energy's free cash flow margin for the trailing 12 months was negative 131%. As long-term investors, the risk we care about most is the permanent loss of capital, which can happen when a company goes bankrupt or raises money from a disadvantaged position. This is separate from short-term stock price volatility, something we are much less bothered by. FuelCell Energy burned through $169.4 million of cash over the last year, and its $142.1 million of debt exceeds the $128.4 million of cash on its balance sheet. This is a deal breaker for us because indebted loss-making companies spell trouble. Unless the FuelCell Energy's fundamentals change quickly, it might find itself in a position where it must raise capital from investors to continue operating. Whether that would be favorable is unclear because dilution is a headwind for shareholder returns. We remain cautious of FuelCell Energy until it generates consistent free cash flow or any of its announced financing plans materialize on its balance sheet. FuelCell Energy isn't a terrible business, but it doesn't pass our quality test. After the recent drawdown, the stock trades at $5.77 per share (or a forward price-to-sales ratio of 0.6×). The market typically values companies like FuelCell Energy based on their anticipated profits for the next 12 months, but it expects the business to lose money. We also think the upside isn't great compared to the potential downside here - there are more exciting stocks to buy. We'd suggest looking at the Amazon and PayPal of Latin America. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
