Friday, July 07, 2017 11:58:21 AM
1. There was an extension of the $5 million credit from the state of Connecticut for hiring and retaining a certain amount of employees by and to certain dates. Which Chip obviously expects to happen prior to the new deadline.
2. Posco has backlog they cannot fulfill. They are renegotiating details for licensing and for Fcel to make some of the backlog for them. Backlog over 400 MW.
3. Each MW averages over $2.5 million in revenue, give or take a little depending on scale. That's based on estimates of $165 million for the 63 mw projections a year ago. Worst case $2 million.
4. Long Island RFP selections due any day. Fcel already has 1 project with them and stand very good chance of getting at least part of the 40 MW Fuel Cell specific RFP offered.
5. Fcel has several companies re-send, best news of all, proven technology with happy customers.
6. Have finalized everything except funding for 63 MW Beacon Falls project and have not given up. Too much positive and momentum to not result in getting it done.
7. Less than 1 year ago, board approved of 2 positions to grow the company and hired 2 people specifically to do just that.
8. Making progress in Asia, Europe, and US, not only through Fcel and subsidiaries, but several other fuel cell companies gaining traction.
9. More and more positive media about fuel cells in general, but specifically about FCEL, identifying everything I just have and then some, ie: blast off imminent and one other similar phrase I can't quote.
10. More cash on hand or available than ever before!!!
Break even point for run rate down from 70Mw to 45 due to improved margins and PPAs which are bringing in revenue under executed contract. GENIUS by Chip. Now any one big order brings profitability in less than 1 year.
11. Get in now or wait til September and kick yourself in the ass for losing out on 200% profit. That's right, over 200%. $5 minimum by September 30.
Recent FCEL News
- FuelCell Energy Innovators to Highlight Advanced Clean Technologies at CERAWeek 2024 • GlobeNewswire Inc. • 03/19/2024 12:00:00 PM
- FuelCell Energy Reports First Quarter of Fiscal 2024 Results • GlobeNewswire Inc. • 03/07/2024 12:30:00 PM
- FuelCell Energy Announces First Quarter of Fiscal 2024 Results Conference Call on March 7, 2024 at 10 A.M. Eastern Time • GlobeNewswire Inc. • 03/01/2024 01:46:06 PM
- FuelCell Energy Announces Release of Annual and Sustainability Reports Highlighting Business Performance and Progress Towards Sustainability and ESG Goals • GlobeNewswire Inc. • 02/19/2024 01:30:00 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 02/16/2024 10:10:25 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/16/2024 10:09:16 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/16/2024 10:08:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 11:29:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 11:27:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 11:26:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 10:00:34 PM
- Tesla Offers No Yearly Merit Bonuses, FedEx EPS Falls Short, Alibaba Leadership Shift, and More • IH Market News • 12/20/2023 11:01:42 AM
- FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results • GlobeNewswire Inc. • 12/19/2023 12:30:00 PM
- Google $700M Antitrust Settlement, TSMC Chairman Retirement, Tesla Nevada Wage Hike, and More • IH Market News • 12/19/2023 11:10:01 AM
- ExxonMobil to Build CCS Plant in Rotterdam With Carbonate Fuel Cell Tech -- OPIS • Dow Jones News • 12/18/2023 08:26:00 PM
- ExxonMobil to Build CCS Pilot Plant with FuelCell Energy Using Carbonate Fuel Cell Technology • GlobeNewswire Inc. • 12/18/2023 12:30:00 PM
- FuelCell Energy Closes Tax Equity Financings with Group 1001 and Franklin Park for Tri-gen Project and Derby, Connecticut, Fuel Cell Park • GlobeNewswire Inc. • 12/14/2023 01:00:00 PM
- FuelCell Energy Announces Fourth Quarter and Fiscal Year 2023 Results Conference Call on December 19, 2023 at 10 A.M. Eastern Time • GlobeNewswire Inc. • 12/12/2023 01:00:00 PM
- IBM, FuelCell Energy to Use AI in Effort to Forge Longer-Life Fuel Cell Systems • GlobeNewswire Inc. • 11/28/2023 08:00:00 AM
- FuelCell Energy Delivers Fuel Cell Power to Derby as Part of Connecticut Clean Energy Initiatives • GlobeNewswire Inc. • 11/16/2023 04:46:18 PM
- FuelCell Energy Electrolyzer to be used in UK Hydrogen and Nuclear Study • GlobeNewswire Inc. • 10/18/2023 12:00:00 PM
- FuelCell Energy Low-Carbon Hydrogen Project with Kinectrics and Bruce Power Awarded IESO Hydrogen Innovation Fund to Further Technologies and Grid Flexibility • GlobeNewswire Inc. • 10/17/2023 12:00:00 PM
- FuelCell Energy & Oando Sign MOU for Large-Scale Green Hydrogen and Low-Carbon Energy Production in Africa • GlobeNewswire Inc. • 10/16/2023 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/11/2023 11:40:42 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2023 11:35:14 AM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM