FuelCell Energy publishes investor presentation outlining AI data center power strategy using modular fuel cell blocks
FCEL•
FCEL•Contracted backlog stood at $1.14 billion; a subsequent Fit Energy award covers up to 380 MW with 30 MW committed.
Manufacturing expansion in Torrington targets 500 MW annualized capacity; the capital plan estimates $200 million to $275 million over 24 months.
Liquidity totaled almost $441 million in cash, including restricted cash and equivalents, as of April 30, 2026.
FuelCell Energy outlined a push into AI data center power, citing about 4 GW of pipeline proposals as of April 30, 2026.
The company unveiled a standardized 12.5 MW FuelCell Energy Block for data centers, designed to speed multi-megawatt deployments and cut site engineering costs.