FuelCell Energy – Carbon capture offers great potential

Installation in Bridgeport, USA, © FuelCell Energy

FuelCell Energy (Nasdaq: FCEL) has announced its financial results for the first quarter in 2018, ended Jan. 31. Total revenue amounted to USD 38.6 million, up from USD 17 million in 2017. The company posted a loss of USD 8.4 million, including USD 3.5 million in deemed dividends on preferred stock. Financial liquidity on the balance sheet date added up to USD 115.4 million, part of which is a USD 40 million revolving project financing facility by NRG Energy

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