The invention relates to a method for producing fuel ethanol by sugar grass stalk juice and a device; the stalk pretreatment, juice modulation, immobilization yeast particles and fluidization quick fermentation new processes are adopted to prepare the fuel ethanol; the fermentation process is continuous, the equipment is advanced, the fermentation speed is rapid, the reaction is full, the output is high, and the ethanol yield is high, no three-waste exhaust exists, secondary utilization is carried out totally, a great amount of investment, labor cost and raw material cost are reduced, the economic benefit is improved obviously, and the production cost is greatly reduced.