FuelCell Energy CEO Jason Few Applauds聽鈥淥ne Big Beautiful Bill Act鈥� as Catalyst for U.S. Clean Energy Leadership
FuelCell Energy (NASDAQ: FCEL) CEO Jason Few has endorsed the "One Big Beautiful Bill Act" (OBBBA), highlighting its significant support for the fuel cell industry. The legislation includes key provisions such as the reinstatement of the Investment Tax Credit (ITC) and preservation of federal tax credit transferability.
Few emphasized that the bill strengthens America's position in data center infrastructure and grid resilience. The OBBBA maintains full ITC eligibility for fuel cell technologies and includes modifications to hydrogen provisions, ensuring stability for existing investments. The legislation aims to promote U.S. clean energy leadership while supporting advanced manufacturing and job creation.
Jason Few, CEO di FuelCell Energy (NASDAQ: FCEL), ha espresso il suo sostegno al "One Big Beautiful Bill Act" (OBBBA), evidenziandone il significativo supporto all'industria delle celle a combustibile. La normativa prevede disposizioni chiave come la reintroduzione del credito d'imposta per gli investimenti (ITC) e la conservazione della trasferibilit脿 del credito d'imposta federale.
Few ha sottolineato che il disegno di legge rafforza la posizione degli Stati Uniti nell'infrastruttura dei data center e nella resilienza della rete elettrica. L'OBBBA mantiene la piena idoneit脿 all'ITC per le tecnologie delle celle a combustibile e include modifiche alle disposizioni sull'idrogeno, garantendo stabilit脿 per gli investimenti esistenti. La normativa mira a promuovere la leadership americana nell'energia pulita, sostenendo al contempo la produzione avanzata e la creazione di posti di lavoro.
Jason Few, CEO de FuelCell Energy (NASDAQ: FCEL), ha respaldado el "One Big Beautiful Bill Act" (OBBBA), destacando su importante apoyo a la industria de las pilas de combustible. La legislaci贸n incluye disposiciones clave como la restauraci贸n del Cr茅dito Fiscal por Inversi贸n (ITC) y la preservaci贸n de la transferibilidad del cr茅dito fiscal federal.
Few enfatiz贸 que el proyecto fortalece la posici贸n de Estados Unidos en la infraestructura de centros de datos y la resiliencia de la red el茅ctrica. El OBBBA mantiene la elegibilidad completa para el ITC en tecnolog铆as de pilas de combustible e incluye modificaciones a las disposiciones sobre hidr贸geno, asegurando estabilidad para las inversiones existentes. La legislaci贸n busca promover el liderazgo estadounidense en energ铆a limpia, apoyando la manufactura avanzada y la creaci贸n de empleos.
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頁姅 鞚� 氩曥晥鞚� 雿办澊韯� 靹柬劙 鞚疙攧霛检檧 鞝勲牓毵� 氤奠洂霠�鞐愳劀 氙戈淡鞚� 鞛呾毳� 臧曧檾頃滊嫟瓿� 臧曥“頄堨姷雼堧嫟. OBBBA電� 鞐半鞝勳 旮办垹鞐� 雽�頃� ITC 鞝勲┐ 鞝侅毄鞚� 鞙犾頃橁碃 靾橃唽 甏�霠� 臁绊暛鞚� 靾橃爼頃橃棳 旮办〈 韴瀽鞐� 雽�頃� 鞎堨爼靹膘潉 氤挫灔頃╇媹雼�. 鞚� 氩曥晥鞚� 氙戈淡鞚� 觳爼 鞐愲剤歆� 毽崝鞁潉 齑夓頃橁碃 觳嫧 鞝滌“鞐呹臣 鞚检瀽毽� 彀届稖鞚� 歆�鞗愴晿電� 瓴冹潉 氇╉憸搿� 頃╇媹雼�.
Jason Few, PDG de FuelCell Energy (NASDAQ : FCEL), a exprim茅 son soutien au "One Big Beautiful Bill Act" (OBBBA), soulignant son appui significatif 脿 l'industrie des piles 脿 combustible. La l茅gislation comprend des dispositions cl茅s telles que la r茅instauration du cr茅dit d'imp么t 脿 l'investissement (ITC) et la pr茅servation de la transf茅rabilit茅 du cr茅dit d'imp么t f茅d茅ral.
Few a insist茅 sur le fait que le projet de loi renforce la position de l'Am茅rique dans l'infrastructure des centres de donn茅es et la r茅silience du r茅seau. L'OBBBA maintient l'茅ligibilit茅 compl猫te 脿 l'ITC pour les technologies des piles 脿 combustible et inclut des modifications aux dispositions sur l'hydrog猫ne, garantissant une stabilit茅 pour les investissements existants. La l茅gislation vise 脿 promouvoir le leadership am茅ricain dans les 茅nergies propres tout en soutenant la fabrication avanc茅e et la cr茅ation d'emplois.
Jason Few, CEO von FuelCell Energy (NASDAQ: FCEL), hat den "One Big Beautiful Bill Act" (OBBBA) unterst眉tzt und dabei die bedeutende F枚rderung der Brennstoffzellenindustrie hervorgehoben. Die Gesetzgebung umfasst wichtige Bestimmungen wie die Wiederherstellung des Investment Tax Credit (ITC) und die Beibehaltung der 脺bertragbarkeit der bundesstaatlichen Steuergutschriften.
Few betonte, dass das Gesetz Amerikas Stellung in der Infrastruktur von Rechenzentren und der Netzresilienz st盲rkt. Der OBBBA erh盲lt die vollst盲ndige ITC-Berechtigung f眉r Brennstoffzellentechnologien und beinhaltet 脛nderungen der Wasserstoffbestimmungen, um Stabilit盲t f眉r bestehende Investitionen zu gew盲hrleisten. Die Gesetzgebung zielt darauf ab, die F眉hrungsrolle der USA im Bereich sauberer Energie zu f枚rdern und gleichzeitig fortschrittliche Fertigung und die Schaffung von Arbeitspl盲tzen zu unterst眉tzen.
- Reinstatement of Investment Tax Credit (ITC) for fuel cell technologies
- Preservation of federal tax credit transferability benefits small and mid-sized companies
- Stabilization of hydrogen provisions protects existing investments
- Support for U.S. manufacturing and job creation in clean energy sector
- None.
Insights
OBBBA legislation boosts FuelCell Energy through reinstated tax credits and transferability provisions, strengthening its market position and growth potential.
The "One Big Beautiful Bill Act" (OBBBA) represents a significant policy development for FuelCell Energy (FCEL) and the broader fuel cell industry. The legislation's reinstatement of the Investment Tax Credit (ITC) with full eligibility for fuel cell technologies is particularly consequential, as it provides the financial framework necessary for FCEL to scale deployment of its U.S.-manufactured platforms.
What makes this truly impactful is the preservation of tax credit transferability. This provision allows smaller companies like FCEL to monetize credits they might not otherwise be able to fully utilize due to insufficient tax liability. This transferability creates a more accessible financing mechanism that directly improves project economics and capital formation opportunities for FCEL, potentially accelerating their growth trajectory.
The modifications to hydrogen provisions represent another strategic win for FCEL, whose technology portfolio includes hydrogen production solutions. By ensuring policy stability for existing hydrogen investments, the legislation protects FCEL's ongoing development in this sector while providing a predictable regulatory environment for future innovations.
The language used by CEO Jason Few鈥攅mphasizing grid resilience, data center infrastructure, and manufacturing jobs鈥攕trategically positions FCEL at the intersection of clean energy, digital infrastructure, and economic development. This framing aligns perfectly with current market priorities around AI infrastructure expansion and power reliability, potentially broadening FCEL's appeal beyond traditional clean energy investors to those focused on technology infrastructure and national competitiveness.
DANBURY, Conn., July 07, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the 鈥淥ne Big Beautiful Bill Act鈥� (OBBBA) for its direct support of the fuel cell industry and its role in strengthening America鈥檚 energy infrastructure, data center resilience, and clean manufacturing base.
鈥淭he 鈥極ne Big Beautiful Bill Act鈥� is a landmark for American energy leadership鈥攁nd it鈥檚 time to set the record straight: clean energy was not sidelined,鈥� said Few. 鈥淚n fact, the bill includes direct, powerful provisions that support the fuel cell industry and reinforce the United States鈥� position as a global leader in data center infrastructure and grid resilience.鈥�
Few highlighted the reinstatement of the Investment Tax Credit (ITC) as a key win for the sector. He also emphasized the importance of preserving the transferability of federal tax credits, calling it 鈥渧ery important鈥攅specially for small- and mid-sized companies鈥攖o maintain the ability to monetize these credits.鈥�
FuelCell Energy also expressed support for Congress鈥� decision to modify hydrogen provisions in the bill, ensuring stability for companies that have already made significant investments in hydrogen.
鈥淪upporters of the OBBBA deserve credit for moving the conversation toward a more inclusive, American-built and led, innovation-driven鈥攁nd yes, clean鈥攅nergy policy,鈥� Few concluded.
Full Statement from Jason Few, President & CEO of FuelCell Energy
鈥淭he 鈥極ne Big Beautiful Bill Act鈥� is a landmark for American energy leadership鈥攁nd it鈥檚 time to set the record straight: clean energy was not sidelined. In fact, the bill includes direct, powerful provisions that support the fuel cell industry and reinforce the United States鈥� position as a global leader in data center infrastructure and grid resilience.
One of the most impactful elements of the legislation is the reinstatement of the Investment Tax Credit (ITC). By maintaining full ITC eligibility for fuel cell technologies, the bill ensures that companies like FuelCell Energy can continue to deploy U.S.-built platforms at scale. This is not just about clean energy鈥攊t鈥檚 about national competitiveness, energy security, and the infrastructure backbone of the AI economy.
The ITC鈥檚 flexibility鈥攅specially its transferability and long-term visibility鈥攇ives developers and investors the confidence to accelerate deployment. That means more resilient power for data centers, more stable grids in the face of extreme weather, and more American jobs in advanced manufacturing.
We especially applaud Congress鈥� decision to preserve the transferability of key federal tax credits. It鈥檚 particularly important for small- and mid-sized companies to maintain the ability to monetize these credits. That flexibility facilitates the financing they need to grow. If a mid-size, highly specialized manufacturer can go from one full-time production shift to two or even three, that鈥檚 more U.S. jobs and faster deployment of power solutions.
In addition, we support Congress鈥� decision to modify the hydrogen provisions in the OBBBA. We recognize that many companies have made significant investments in hydrogen. Congress made the right call in ensuring that those investments are not undermined by sudden policy shifts. That kind of stability is essential for long-term innovation.
Let鈥檚 be clear: the OBBBA doesn鈥檛 pick winners and losers鈥攊t recognizes the unique strengths of each clean energy technology. Fuel cells are dispatchable, scalable, and built for the demands of a digital, electrified future. This bill gives us the tools to lead.
We appreciate all the work that has been done in the House and Senate on behalf of the energy sector, and we believe the supporters of the OBBBA deserve credit for moving the conversation toward a more inclusive, American-built and led, innovation-driven鈥攁nd yes, clean鈥攅nergy policy.鈥�
About FuelCell Energy
FuelCell Energy, Inc. provides clean, reliable future-ready solutions that allow customers to access power faster and manage their emissions while keeping their operations running. Our efficient, scalable, and fuel-flexible systems鈥攔unning on natural gas, biofuels, or hydrogen鈥攑rovide steady baseload, grid-independent electricity worldwide. With more than 55 years of expertise and nearly 200 modules in commercial operation, we help customers achieve their immediate and future energy goals. Learn more at www.fuelcellenergy.com.
Contact:
FuelCell Energy
203.205.2491
Kathleen Blomquist
203.546.5844
FAQ
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