Housatonic River

Restore America's Estuaries Announces Long Island Sound Community Impact Fund Subawardees

Retrieved on: 
Wednesday, May 8, 2024
CCMP, Graduate Center, CUNY, Federal budget, Ecosystem, EPA, Investment, Health, Region, Partnership, Estuary, LIS, Water, Letter, Federation, Environment, Housatonic River, Natural Resources, Student, Organization, Shellfish, Renewable energy

WASHINGTON, May 8, 2024 /PRNewswire/ -- Restore America's Estuaries (RAE) is pleased to announce subawardees for the Long Island Sound Community Impact Fund (LISCIF), which is a partnership with the U.S. Environmental Protection Agency (EPA) with funding made possible by the Bipartisan Infrastructure Law. A full list of subawardees is located on the LISCIF home page.

Key Points: 
  • WASHINGTON, May 8, 2024 /PRNewswire/ -- Restore America's Estuaries (RAE) is pleased to announce subawardees for the Long Island Sound Community Impact Fund (LISCIF), which is a partnership with the U.S. Environmental Protection Agency (EPA) with funding made possible by the Bipartisan Infrastructure Law.
  • Each subawardee project was selected based on their ability to address challenges facing overburdened and underserved communities within the Long Island Sound estuary, managed under the Long Island Sound Comprehensive Conservation and Management Plan (CCMP).
  • "RAE is proud to join with EPA and the Long Island Sound Study to support vital projects in the Long Island Sound region that will result in healthier communities and stronger community institutions," said Daniel Hayden, President and CEO of Restore America's Estuaries.
  • "As a former co-chair of the Long Island Sound Caucus, I am committed to securing funding for a revitalized Long Island Sound and secured $40 million for LIS in the 2024 funding bill.

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Retrieved on: 
Tuesday, December 19, 2023
Carbon, Hydrogen, Marketing, Government, SOEC, Treasury, B cell, Food, Repowering, National Nuclear Laboratory, Electrolysis, Transport, North West England, Automation, FuelCell Energy, Economics, Electricity, Capacity, Housatonic River, Artificial intelligence, Trinity College, Adjustment, Foundation models, ExxonMobil, Settlement, Overalls, Plastic, Idaho National Laboratory, IBM, Joint, United States Treasury security, INL, Welding, KFC, Carbon capture, Appendix, EDF Energy, Insurance, Engineering, Electrode, Natural gas, Gasoline, Sale, Research, Heat, Intelligence, Temperature, Water, Southern California Edison, Posco Energy, Longevity, CNL, Investment, CO2, Renewable energy

DANBURY, Conn., Dec. 19, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its fourth quarter and fiscal year ended October 31, 2023.

Key Points: 
  • Operating expenses for the fourth quarter of fiscal 2023 increased to $34.9 million from $27.5 million in the fourth quarter of fiscal 2022.
  • Research and development expenses increased to $18.0 million during the fourth quarter of fiscal 2023 compared to $12.2 million in the fourth quarter of fiscal 2022.
  • Net loss was $29.5 million in fourth quarter of fiscal 2023, compared to net loss of $42.0 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA totaled $(30.8) million in the fourth quarter of fiscal 2023, compared to Adjusted EBITDA of $(36.1) million in the fourth quarter of fiscal 2022.

FuelCell Energy Delivers Fuel Cell Power to Derby as Part of Connecticut Clean Energy Initiatives

Retrieved on: 
Thursday, November 16, 2023
Acid rain, Carbon, Policy, Sulfur oxide, Transport, City, DEEP, FuelCell Energy, Hydrogen, Environmental protection, NOx, State, History, Smog, Bridgeport, Connecticut, SCEF, Wind, Particulates, Public works, Roosevelt Road, Housatonic River, Atmosphere, Electricity, B cell, Eversource Energy, Renewable energy

It is the second largest fuel cell park in North America following only FuelCell Energy’s Bridgeport fuel cell park and will generate substantial tax revenue for the city.

Key Points: 
  • It is the second largest fuel cell park in North America following only FuelCell Energy’s Bridgeport fuel cell park and will generate substantial tax revenue for the city.
  • In Connecticut, a Class I renewable energy source is defined by statute as electricity produced from wind power, geothermal power or fuel cells.
  • The project was first announced in 2018 following a Connecticut Department of Energy and Environmental Protection (DEEP) Clean Energy Request for Proposals, and it is one of two fuel cell projects in Derby that were awarded to FuelCell Energy.
  • The fuel cell power plant's compact design, quiet operation, and clean emissions profile make it easy to site in populated areas.

FuelCell Energy Reports Third Quarter of Fiscal 2023 Results

Retrieved on: 
Monday, September 11, 2023
Trinity College, SOEC, Joint, KFC, Food, Electrolysis, United States Treasury security, Hydrogen, Overalls, Calendar, Electricity, Idaho National Laboratory, Research, Temperature, Carbon, Government, Treasury, FuelCell Energy, Electrode, EBITDA, Investment, Capacity, Engineering, Water, EMTEC, Natural gas, Appendix, Advanced Technology Vehicles Manufacturing Loan Program, Adjustment, Housatonic River, CO2, INL, Automation, Coal, Video game, Cryptocurrency, Electric battery, Renewable energy

DANBURY, Conn., Sept. 11, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its third quarter ended July 31, 2023.

Key Points: 
  • Operating expenses for the third quarter of fiscal 2023 increased to $33.2 million from $23.8 million in the third quarter of fiscal 2022.
  • Research and development expenses increased to $15.6 million during the third quarter of fiscal 2023 compared to $9.7 million in the third quarter of fiscal 2022.
  • Net loss was $23.6 million in third quarter of fiscal 2023, compared to net loss of $29.0 million in the third quarter of fiscal 2022.
  • Adjusted EBITDA totaled $(31.6) million in the third quarter of fiscal 2023, compared to Adjusted EBITDA of $(20.8) million in the third quarter of fiscal 2022.

FuelCell Energy Reports Second Quarter of Fiscal 2023 Results

Retrieved on: 
Thursday, June 8, 2023
Hydrogen, Trinity College, Joint, Food, Versa, Electrolysis, United States Treasury security, Calendar, Electricity, Idaho National Laboratory, Research, Carbon, Sale, Government, Treasury, Port of Long Beach, FuelCell Energy, EBITDA, Investment, Capacity, Engineering, Water, EMTEC, HPPA, Appendix, Advanced Technology Vehicles Manufacturing Loan Program, Adjustment, Housatonic River, CO2, Automation, Video game, Cryptocurrency, Coal, Renewable energy

DANBURY, Conn., June 08, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its second quarter ended April 30, 2023.

Key Points: 
  • Operating expenses for the second quarter of fiscal 2023 increased to $29.8 million from $20.9 million in the second quarter of fiscal 2022.
  • Administrative and selling expenses were higher during the second quarter of fiscal 2023 compared to the second quarter of fiscal 2022 primarily due to an increase in headcount.
  • Research and development expenses increased to $14.7 million during the second quarter of fiscal 2023 compared to $7.7 million in the second quarter of fiscal 2022.
  • Net loss was $(33.9) million in the second quarter of fiscal 2023, compared to net loss of $(30.1) million in the second quarter of fiscal 2022.

FuelCell Energy Reports First Quarter of Fiscal 2023 Results

Retrieved on: 
Thursday, March 9, 2023
Trinity College, Idaho National Laboratory, Electrolysis, Joint, Long Island Power Authority, Tobacco Master Settlement Agreement, Incoterms, KFC, Posco Energy, EMTEC, Research, Electricity, Water, Government, Automation, Capacity, Carbon, United States Treasury security, Versa, Plant, Port of Long Beach, Housatonic River, Engineering, Settlement, Calendar, Investment, Food, Advanced Technology Vehicles Manufacturing Loan Program, FuelCell Energy, Hydrogen, Appendix, Adjustment, Treasury, CO2, Coal, Video game, Cryptocurrency, Renewable energy

DANBURY, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its first quarter ended January 31, 2023.

Key Points: 
  • Compared to the first quarter of fiscal 2022, Advanced Technologies contract revenues recognized under the Joint Development Agreement with EMTEC were approximately $0.1 million higher during the first quarter of fiscal 2023, and revenue recognized under government and other contracts were approximately $0.3 million higher during the first quarter of fiscal 2023.
  • Operating expenses for the first quarter of fiscal 2023 decreased to $27.7 million from $41.9 million in the first quarter of fiscal 2022.
  • Research and development expenses increased to $12.7 million during the first quarter of fiscal 2023 compared to $5.0 million in the first quarter of fiscal 2022.
  • Net loss was $(21.1) million in the first quarter of fiscal 2023, compared to net loss of $(46.1) million in the first quarter of fiscal 2022.

FirstLight Power and Reading Municipal Light Department Enter Power Purchase Agreement for all the Output of the Falls Village Hydro Facility

Retrieved on: 
Wednesday, January 18, 2023
Alternative Energy, Energy, State, Local, Public Policy, Government, Utilities, Natural gas, Housatonic River, Commonwealth, Geography, Senior, ENE, Risk management, Commercial Operating System (COS), Firstlight Media, Electricity, Renewable energy

FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the extension of the company’s power purchase agreement with Reading Municipal Light Department (RMLD).

Key Points: 
  • FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the extension of the company’s power purchase agreement with Reading Municipal Light Department (RMLD).
  • “We are thrilled to extend our collaboration with the Reading Municipal Light Department, which will help deliver clean, reliable, and cost-competitive electricity to RMLD ratepayers,” said Peter Rider, Senior Vice President of Commercial Operations of FirstLight Power.
  • As part of the agreement with RMLD, FirstLight’s Falls Village Station, which is located in Falls Village, CT, will supply the municipality with energy and renewable energy credits.
  • Falls Village is a three-unit hydroelectric station on the Housatonic River and the facility is qualified as a Class I (CT Class I) renewable run-of-river energy facility.

FuelCell Energy Reports Fourth Quarter of Fiscal 2022 Results

Retrieved on: 
Tuesday, December 20, 2022
Hydrogen, Adjustment, Advanced Technology Vehicles Manufacturing Loan Program, Income tax, Calendar, Navy, Capacity, KFC, EBITDA, District of Columbia Voting Rights Amendment, Water, Toyota, Laboratory, Engineering, Net, Appendix, Research, Long Island Power Authority, Fourth, Housatonic River, Port of Long Beach, Electricity, Investment, TIP, Carbon, Incoterms, Marketing, Yaphank, New York, Joint, Video game, Renewable energy, Cryptocurrency

DANBURY, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results and key business highlights for its fourth quarter and fiscal year ended October 31, 2022.

Key Points: 
  • Note: All comparisons between periods are between the fourth quarter of fiscal 2022 and the fourth quarter of fiscal 2021, unless otherwise specified.
  • Operating expenses for the fourth quarter of fiscal 2022 increased to $27.5 million from $14.2 million in the fourth quarter of fiscal 2021.
  • Additionally, the provision for income tax was $0.3 million in the fourth quarter of fiscal 2022 compared to a negligible amount in the fourth quarter of fiscal 2021.
  • Adjusted EBITDA totaled $(36.1) million in the fourth quarter of fiscal 2022, compared to Adjusted EBITDA of $(16.9) million in the fourth quarter of fiscal 2021.