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FuelCell Energy rises on manufacturing expansion plans

ReutersMar 23, 2026 12:36 PM

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

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