Recent events
Recent events tied to this brand in public sources.
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2021
FuelCell Energy and POSCO enter settlement agreement
FuelCell Energy announced that POSCO Energy and its subsidiary Korea Fuel Cell had entered into a settlement agreement. The agreement confirms FuelCell Energy's access to sell products in the Asian market, including South Korea, and provides for a minimum order of 20 replacement modules for 2022.
2021
FuelCell Energy closes tax equity financing for Navy fuel cell project
FuelCell Energy announced that it closed a $15 million tax equity financing transaction with East West Bank for its 7.4 MW fuel cell project at the U.S. Navy Submarine Base in Groton, Connecticut.
2020
Posco Energy sues FuelCell Energy over license contract
Posco Energy sued FuelCell Energy, seeking 922 billion won in damages, alleging that FuelCell Energy unilaterally cancelled their fuel-cell business license contract.