Latest news with #FuelCell
Yahoo
a day ago
- Automotive
- Yahoo
B. Riley Lowers Price Target on FuelCell Energy, Inc. (FCEL)
FuelCell Energy, Inc. (NASDAQ:FCEL) is among the 13 Best Hydrogen and Fuel Cell Stocks to Buy According to Analysts. Riley has maintained its Neutral rating on FuelCell Energy, Inc. (NASDAQ:FCEL) and reduced its price target from $9 to $8 in response to the company's fiscal Q2 results. An industrial setting, with a fuel cell power plant against a backdrop of smoke stacks. The company mentioned that its recent cost-cutting initiatives resulted in a slight decrease in forecasts. FuelCell has reduced its headcount by 22% and plans to reduce annualized cost by 30% in comparison to fiscal 2024. The company's move toward stricter cost controls in the face of persistent operational difficulties is reflected in these initiatives. B. Riley's updated forecast reflects cautious investor sentiment as FuelCell Energy, Inc. (NASDAQ:FCEL) works through its reorganization. FuelCell Energy, Inc. (NASDAQ:FCEL) is a fuel cell power firm and one of the best hydrogen stocks. The company creates, manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that reduce carbon emissions and generate hydrogen. FuelCell Energy, Inc. (NASDAQ:FCEL) provides services to many industries, including commercial and hospitality, wastewater treatment, education and healthcare, data centers, and industrial. Geographically, the business is active in Europe, Canada, South Korea, and the United States. The USA and South Korea account for the majority of revenue. While we acknowledge the potential of FCEL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Sign in to access your portfolio
Wales Online
5 days ago
- Lifestyle
- Wales Online
New Balance show hailed 'comfiest to exist' and is 50% off
New Balance show hailed 'comfiest to exist' and is 50% off The unisex WRPD Runner Shoes in 'moonrock with light mushroom' are included in the New Balance sale - with sizes ranging from 3.5 to 12.5 WRPD Runner Shoes in 'Moonrock with Light Mushroom' (Image: New Balance ) Fitness enthusiasts are in for a real treat, as New Balance is offering up to 50% off on many styles of trainers, including a 'very comfy' unisex pair. The WRPD Runner Shoes, which typically cost £155, are now on sale at £77.50 in the 'moonrock with light mushroom' colourway, making them half-price. This is the largest price reduction we've seen on these trainers this year, so shoppers may want to act quickly. The New Balance shoes can still be bought in all sizes, ranging from 3.5 to 12.5. They also come in a taupe version that's included in the sale, but the discount on these is slightly less. Customers can currently snap them up for £93 instead of £155 - saving them 40%. The New Balance trainers in Flat Taupe with Sparrow (Image: New Balance ) Most sizes for this colourway are still in stock as well, with only the 3.5 out of stock. For money-saving tips, sign up to our Money newsletter here New Balance's WRPD Runner Shoes boast a 'uniquely conceptual design' that aims to provide 'a sense of fluid motion,' drawing on the smooth lines of enhanced sculpted contours and wavy accents. The fusion of knit, leather, and wool in the mesh upper along with the FuelCell foam grants not only aesthetic flair but the feel of propulsion. Receiving love from consumers, these unisex runners have made quite the impression. A satisfied customer wrote in their review: "My job requires a lot of walking and standing, and I usually have cramps in my legs/feet by the end of the day. My life changed after putting those shoes on- they are so comfortable, my legs are no longer cramping after work anymore! I feel my feet are being hugged inside the shoes." Yet another thrilled buyer praised their discovery as the 'most comfortable shoe to exist', said: "Comfiest shoe out there and on trend with the dad sneaker look." Echoing similar sentiments, a New Balance enthusiast said: "Super comfy shoe, I am totally in love. I am glad I made this purchase, its now my daily sneaker." However, one individual said: "I like this shoe, it's comfortable and makes me like an inch taller which I always appreciate. But the sizing is off." "I'm a solid 6.5 size, and I always wear 6.5's in New Balance, but I ordered 6.5 in this shoe and it was an inch too big. I'm returning for a half size smaller, but I'm a bit worried even that will be too big." For those who don't mind shelling out full price for new kicks, we've spotted Made in Chelsea star Louise Thompson's New Balance M2002 Sneakers on Farfetch, priced at £115. She sported the grey and white colourway earlier this year, and her exact pair can still be found in a range of sizes, reports the Liverpool Echo. Article continues below Elsewhere, JD Sports has slashed the price of these Adidas Women's ADIZERO Boston trainers in black to £90, down from £140. The mid-to-long distance running shoes feature a lightweight mesh upper, providing a breezy feel.
Car and Driver
11-06-2025
- Automotive
- Car and Driver
2026 Honda CR-V Fuel Cell Review, Pricing, and Specs
Overview The Honda CR-V Fuel Cell is not for everyone. For starters, it's only offered in California—and in limited quantities. But hydrogen filling stations are hard to find even in California, so you'll want to live near one to get the most out of this alternative powertrain. Honda recognizes the challenge of finding hydrogen fuel, though, and has equipped the e:FCEV with a plug and a battery that can take it an extra 29 miles once its hydrogen tanks run dry. That's additional peace of mind that its fuel-cell rivals, the Toyota Mirai sedan and Hyundai Nexo crossover, don't offer. Range restrictions aside, this CR-V acts pretty similar to any other. What's New for 2026? The CR-V e:FCEV was a new addition for 2025, and no big changes are expected in its second model year. Pricing and Which One to Buy The price of the 2026 Honda CR-V Fuel Cell is expected to start around $52,000. Touring $52,000 (est) 0 $10k $20k $30k $40k $50k $60k $70k $80k The base price of the CR-V e:FCEV is on the high side, but it's only offered in fancy Touring trim. That means plenty of desirable features are standard, including a digital gauge display, a heated steering wheel, and leather upholstery. Only two colors are offered: white and gray. Want to compare the 2026 Honda CR-V Fuel Cell to other vehicles you're interested in? Our new compare tool provides a comprehensive, side-by-side look at up to five cars of your choice. Compare Cars EV Motor, Power, and Performance Honda's hydrogen fuel cell powertrain consists of a single motor that makes 174 horsepower and drives the front wheels. Two hydrogen tanks are mounted underneath and behind the rear seat; the fuel cell system and drive unit are mounted under the hood. If the tanks should run out before you can make it to the hydrogen refueling station, a 17.7-kWh battery pack is on board for some reserve driving range. Honda claims the system is twice as durable, starts up much faster in cold weather, and costs two-thirds less to build than Honda's previous setup. We had a chance to take a CR-V Fuel Cell for a brief test drive and found it drives much like the standard CR-V and the steering feel was actually improved over the hybrid variant. The interior remains calm and quiet during cruising, too. 0–60-MPH Times The CR-V e:FCEV is noticeably pokier than the CR-V Hybrid, and we estimate that it will need 8.6 seconds to reach 60 mph. When we get a chance, we'll take the CR-V Fuel Cell to our test track and update this story with acceleration results. View Photos Honda Range, Charging, and Battery Life The CR-V Fuel Cell's hydrogen system is good for an estimated 241 miles of driving range and the onboard 17.7-kWh battery pack is good for an additional 29 miles, per the EPA. Refueling the hydrogen tanks takes mere minutes, but recharging the battery pack for that extra reserve range will take two hours on a 240-volt connection. Luckily, you can tell the powertrain to charge the battery using power from the fuel cell while driving should you need to juice the battery on the go. Fuel Economy and Real-World MPGe The EPA hasn't released any fuel economy information for the 2026 CR-V Fuel Cell yet, but the 2025 model earned ratings of 52 MPGe city and 57 MPGe highway. For more information about the CR-V Fuel Cell's fuel economy, visit the EPA's website. Interior, Comfort, and Cargo The CR-V Fuel Cell's handsome interior design is highlighted by a honeycomb-textured insert spanning most of the dash, discreetly hiding the air vents. The steering wheel frames a digital gauge cluster. The front seats are comfortable for long drives and the straightforward driving position should accommodate a wide range of body sizes. Between the front-seat passengers is a large center console bin, and behind them are reclining rear seats with plenty of legroom. The main differences you'll find inside the cabin when comparing the CR-V Fuel Cell to the standard CR-V are the push-button shifter and the smaller cargo capacity due to the hydrogen tanks mounted in the rear. View Photos Honda Infotainment and Connectivity A 9.0-inch touchscreen with wireless Apple CarPlay and Android Auto is standard on the CR-V e:FCEV and it runs Honda's latest infotainment interface which is simple and easy to use. It doesn't include a tuning knob, but there is a volume knob that accompanies the built-in navigation, plus two USB-C ports for rear-seat passengers and wireless smartphone charging. Safety and Driver-Assistance Features Honda equips every CR-V with a boatload of standard driver-assistance technology. Along with standard blind-spot monitoring, the compact SUV also comes with a driver-attention monitor, traffic-sign recognition, and a back-seat reminder. For more information about the CR-V's crash-test results, visit the National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS) websites. Key safety features include: Standard forward-collision warning and automated emergency braking Standard lane-keeping assist and lane-departure warning Standard adaptive cruise control Warranty and Maintenance Coverage The CR-V Fuel Cell comes with the same warranty that is standard on all other new Honda models and a similar one to other electric SUVs from mainstream automakers. Honda's usual coverage package also includes one year of complimentary scheduled maintenance as a bonus. Limited warranty covers three years or 36,000 miles Powertrain warranty covers five years or 60,000 miles Electric components are covered for eight years or 100,000 miles Complimentary maintenance is covered for one year or 12,000 miles Specifications Specifications 2025 Honda CR-V e:FCEV Vehicle Type: front-engine, front-motor, front-wheel-drive, 5-passenger, 4-door wagon PRICE (C/D EST) Base: $60,000 MOTOR AC motor, 174 hp, 229 lb-ft, 17.7-kWh lithium-ion battery pack FUEL-CELL solid-polymer-electrolyte, 124 hp TRANSMISSION direct-drive DIMENSIONS Wheelbase: 106.3 in Length: 187.6 in Width: 73.4 in Height: 66.6 in Passenger Volume, F/R: 53/51 ft3 Curb Weight (C/D est): 4400 lb PERFORMANCE (C/D EST) 60 mph: 8.6 sec 1/4-Mile: 17.8 sec EPA FUEL ECONOMY Combined/City/Highway: 61/52/57 MPGe Highway Range: 270 miles EV Range: 29 mi More Features and Specs
Yahoo
09-06-2025
- Automotive
- Yahoo
Global Epicenter of Mobility Launches Road to 2030 Initiative
Modules will expand insights into mobility technologies and sectors with greatest economic growth potential for the Detroit Region between now and 2030 DETROIT, June 9, 2025 /PRNewswire/ -- The Global Epicenter of Mobility (GEM), a signature program of the Detroit Regional Partnership (DRP), has launched the Road to 2030 – a bold effort to identify forward-looking insights around the technologies and sectors that present the greatest opportunities for growth for our companies, communities, and residents through 2030. The Road to 2030 initiative expands on existing research and knowledge assets from GEM, including the Future Mobility Technology Study (FMTS), which outlines seven mobility technologies with the greatest economic growth potential for the Detroit Region through 2030. This latest initiative will offer deeper dives into those seven technologies and the economic opportunities they present within the region's anchor industry for economic growth and prosperity. The Detroit region's mobility non-profits, small and medium-sized manufacturers, start-ups, and our economic development partners can utilize this data, insights and analyses to help guide strategy development, expansion plans and investment decisions within the evolving mobility industry. Designed to harness the region's deep automotive expertise, this initiative identifies emerging opportunities in next-generation mobility technologies and catalyzes regional economic development strategies across the entire 11-county Detroit Region. "The FMTS leveraged GEM's unique capabilities and resources across metro Detroit's mobility industry to deliver clear pathways for those looking to enter or build upon their presence within the region's mobility sector," said Christine Roeder, executive vice president of GEM. "The Road to 2030 aims to take those efforts a step further by equipping business leaders with additional insights needed to make well-informed decisions about future investments within the industry." The technologies identified in the FMTS that will be covered in this initiative include: Assembly Automation Battery Chemistry and Design Electric Motors Hydrogen Fuel Cell Systems Power Electronics Propulsion Thermal Management Systems Software: Software-Defined Vehicles (SDV), Cybersecurity, and Over-the-Air (OTA) Solutions The web-based modules, housed in a dedicated area on the GEM website, will include both high-level and detailed analyses of each of the technologies, downloadable content, editorial perspectives on the impact of the technology to the Detroit Region, recent news articles, and more. Additionally, GEM and the DRP plan to host informative webinars with industry experts to share deeper insights on each technology. Hydrogen Fuel Cell Systems is the first technology GEM will focus on as part of the Road to 2030 initiative. Hydrogen Fuel Cells have a projected unit increase of more than 5,000% by 2030, growing from 529 units in 2024 to more than 32,000 units. They also have the potential to create nearly 12,000 jobs nationally and 1,700 jobs in Michigan over the next five years. "By offering this regular cadence of data and analysis to our regional stakeholders, we hope to help inform their short to mid-term business decisions," said Bernard Swiecki, vice president of mobility and research at the Detroit Regional Partnership. "We are turning our research into action to support the growth of the Detroit Region's most important industry as it continues to transition to new technologies over the remainder of this decade." GEM Central will release a new technology module regularly throughout 2025 and early 2026. These new releases will be followed by regular updates and content on additional technologies that present the Detroit Region with the greatest opportunities for job and investment growth. For more information on GEM and the Road to 2030 initiative, including information on the upcoming Hydrogen webinar, visit About the Global Epicenter of MobilityThe Global Epicenter of Mobility (GEM) is a signature program led by the Detroit Regional Partnership that is designed to create a smart, secure, sustainable, and inclusive advanced-mobility industry in Southeast Michigan, made possible by a four-year U.S. E.D.A. Build Back Better Regional Challenge grant award. About the Detroit Regional PartnershipThe Detroit Regional Partnership is a public-private economic development partnership focused on marketing and business attraction for the 11-county Detroit Region. View original content to download multimedia: SOURCE Global Epicenter of Mobility (GEM) 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
08-06-2025
- Business
- Yahoo
FuelCell Energy Inc (FCEL) Q2 2025 Earnings Call Highlights: Revenue Surge Amid Strategic ...
Total Revenue: $37.4 million, up from $22.4 million in the prior year quarter. Loss from Operations: $35.8 million, compared to $41.4 million in the prior year quarter. Net Loss Attributable to Common Stockholders: $38.8 million, compared to $32.9 million in the prior year quarter. Net Loss Per Share: $1.79, compared to $2.18 in the prior year quarter. Adjusted EBITDA: Negative $19.3 million, compared to negative $26.5 million in the prior year quarter. Cash, Restricted Cash, Cash Equivalents, and Short-term Investments: $240 million as of April 30, 2025. Product Revenues: $13 million, compared to no product revenues in the prior year period. Service Agreement Revenues: $8.1 million, up from $1.4 million in the prior year period. Generation Revenue: $12.1 million, down from $14.1 million in the prior year period. Advanced Technology Contract Revenues: $4.1 million, down from $6.9 million in the prior year period. Gross Loss: $9.4 million, compared to $7.1 million in the prior year quarter. Operating Expenses: Decreased to $26.4 million from $34.3 million in the prior year quarter. Backlog: Increased by approximately 18.7% to $1.26 billion from $1.06 billion as of April 30, 2024. Warning! GuruFocus has detected 5 Warning Signs with FCEL. Release Date: June 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. FuelCell Energy Inc (NASDAQ:FCEL) announced a restructuring plan to prioritize sales of its molten carbonate platform, aiming to accelerate the timeline to expected future profitability. The company is focusing on its core carbonate platform, which is aligned with the growing demand for distributed power generation in the US, Asia, and Europe. FuelCell Energy Inc (NASDAQ:FCEL) has formed a strategic partnership called Dedicated Power Partners (DPP) to accelerate the deployment of its carbonate FuelCell technology in data centers and other large-scale applications. The company reported a significant increase in total revenues for the second quarter of fiscal year 2025, reaching $37.4 million compared to $22.4 million in the prior year quarter. FuelCell Energy Inc (NASDAQ:FCEL) is committed to disciplined cost management, with a plan to reduce operating expenses by 30% on an annualized basis compared to fiscal-year 2024. FuelCell Energy Inc (NASDAQ:FCEL) is pausing broader solid oxide R&D, which may limit future innovation in this area. The company's Torrington manufacturing facility is currently operating at an annualized production rate of approximately 31 megawatts, well below the target of 100 megawatts needed for positive adjusted EBITDA. Despite narrowing losses, FuelCell Energy Inc (NASDAQ:FCEL) reported a net loss attributable to common stockholders of $38.8 million for the second quarter of fiscal year 2025. The restructuring plan includes a global workforce reduction and significant reduction of discretionary overhead spending, which may impact employee morale and operational capacity. Advanced technology contract revenues decreased to $4.1 million from $6.9 million, indicating potential challenges in this segment. Q: Can you provide an update on the Dedicated Power Partners (DPP) initiative and any momentum with customers and orders? A: Jason Few, President and CEO, explained that DPP is focused on data center customers, combining fuel from Diversified Energy, Fuelcell power generation, and financing through TESIAC. They are actively pursuing conversations in Northern Virginia and Kentucky and feel positive about the momentum in turning these discussions into transactions. Q: What is the timeline for reaching EBITDA neutrality, and what are the production targets? A: Michael Bishop, CFO, stated that achieving adjusted EBITDA positive is expected when the Torrington facility reaches 100 megawatts of production. Currently, the facility operates at 31 megawatts, and the timeline depends on the flow of orders. The facility has a capacity of 100 megawatts without additional capital expenditure and can expand to 200 megawatts with further investment. Q: How does the current focus on manufacturing impact the path to profitability compared to the generation portfolio? A: Michael Bishop noted that while the generation portfolio contributes to financials, the focus is on product and service sales. The company is not relying on increasing the generation portfolio but sees opportunities in selling products into DPP and other markets, including Korea, which will also include service agreements. Q: With the rising costs of gas turbines, how does this affect your pricing strategy for data center applications? A: Jason Few mentioned that the increased cost and timeline for gas turbines present an opportunity for Fuelcell Energy. They do not foresee significant changes in pricing to customers due to demand driven by electricity growth and intend to capitalize on this opportunity. Q: Can you elaborate on the power generation opportunities for AI and data centers and which customers are showing the most urgency? A: Jason Few highlighted that the opportunity is not solely around data centers but includes grid resiliency and reliability projects. The data center market is fragmented, with developers, hyperscalers, and gas distribution companies all showing interest. Fuelcell Energy is engaging with all these segments, focusing on delivering power blocks to get data centers operational. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
