** Renewable power company FuelCell Energy's shares rise ~17% to $8.19 premarket
** Co says it aims to restructure its operations in the U.S., Canada and Germany to cut operating costs
** Co expects operating costs to reduce by ~15% in FY2025, with a 17% total workforce reduction and spending cuts on product development and overhead costs
** Says the initiative follows similar actions by peers amid uncertain government policies and aims to incentivize critical long-term, capital-intensive projects
** Up to Thursday's close, stock has fallen ~85% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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