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Those are SIMPLE Facts for Sure
All Else is Noise and some Non Relevant Splurge of Opinions and thesis…
All joke
I care on what the Company is Progressing with and updates on a Emerging Market for Hydrogen and Carbon Capture
FCEL
Let’s see! everything been slow so I expect it…
I just got a few more shares today on this dip
FCEL
Cars are top 5 in the world lol
Keeps growing and Tesla will own the EV market as usual
In Amendment No. 3, the Company and EMTEC agreed to further extend the term such that it will end on August 31, 2023 (unless terminated earlier) and to further increase the maximum amount of research costs to be reimbursed by EMTEC from $50,000,000 to $60,000,000. Amendment No. 3 is intended to (i) allow for continuation of research that would enable the parties to finalize data collection in support of the project gate decision to use the developed technology in a Company fuel cell module demonstration for capturing carbon at ExxonMobil’s Rotterdam facility, (ii) allow for the continuation of the development, engineering and mechanical derisking of the Generation 2 Technology fuel cell module prototype, and (iii) allow for studying the manufacturing scale-up and cost reduction of a commercial Generation 2 Technology fuel cell carbon capture facility.
The foregoing summary of the terms of Amendment No. 3 is qualified in its entirety by reference to the full text of Amendment No. 3, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
((( EXXON NEWS )))
Amendment No. 3 to Joint Development Agreement between FuelCell Energy, Inc. and ExxonMobil Technology and Engineering Company
https://investor.fce.com/Financial-Information/sec-filings/sec-filings-details/default.aspx?FilingId=16267791
On December 19, 2022, FuelCell Energy, Inc. (the “Company”) and ExxonMobil Technology and Engineering Company (f/k/a ExxonMobil Research and Engineering Company) (“EMTEC”) entered into Amendment No. 3 to the Joint Development Agreement between the Company and EMTEC (“Amendment No. 3”), effective as of December 1, 2022.
The Joint Development Agreement between the Company and EMTEC (the “Original Agreement”) was executed on November 5, 2019, was effective as of October 31, 2019, and had a term of two years from the effective date, ending on October 31, 2021. Under the Original Agreement, the Company has engaged in exclusive research and development efforts with EMTEC to evaluate and develop new and/or improved carbonate fuel cells to reduce carbon dioxide emissions from industrial and power sources in exchange for (i) payment by EMTEC of certain fees and costs (including research costs of up to $45,000,000) as well as certain milestone-based payments, and (ii) certain licenses, in each case as described in the Original Agreement. The terms of the Original Agreement are described more fully in the Current Report on Form 8-K filed by the Company on November 6, 2019.
In Amendment No. 1 to the Joint Development Agreement (“Amendment No. 1”), which was executed on October 29, 2021 and effective as of October 31, 2021, the Company and EMTEC agreed, among other things, to extend the term for an additional six months, ending on April 30, 2022. Amendment No. 1 allowed for the continuation of research intended to enable incorporation of design improvements to Company fuel cell design in order to support a decision to use the improvements in a future demonstration of the technology for capturing carbon at ExxonMobil’s Rotterdam refinery in the Netherlands (such demonstration, the “Rotterdam Project”) and provided additional time to achieve Milestone 1, as defined in the Original Agreement. The terms of Amendment No. 1 are described more fully in the Current Report on Form 8-K filed by the Company on November 2, 2021.
In Amendment No. 2 to the Joint Development Agreement (“Amendment No. 2”), which was executed on April 29, 2022 and effective as of April 30, 2022, the Company and EMTEC agreed to further extend the term such that it would end on December 31, 2022 and to increase the maximum amount of research costs to be reimbursed by EMTEC from $45,000,000 to $50,000,000. Amendment No. 2 allowed for the continuation of research intended to enable the parties to (i) gain an improved understanding of the fuel cell operating envelope for various carbon capture applications; and (ii) complete data collection to support the project gate decision to use the developed technology in a Company fuel cell module demonstration for capturing carbon at ExxonMobil’s Rotterdam facility. In Amendment No. 2, the Company and EMTEC also agreed to conduct a joint market study, with a target completion date on or before October 31, 2022, to (a) define application opportunities, commercialization strategies, and development requirements, (b) identify partners for potential pilot/demonstration projects and (c) assess fuel cell/stack/module manufacturing scale-up and cost reduction. The terms of Amendment No. 2 are described more fully in the Current Report on Form 8-K filed by the Company on May 5, 2022. As of October 31, 2022, the Company and EMTEC were still collaborating on the joint market study which was completed in early fiscal year 2023.
In Amendment No. 3, the Company and EMTEC agreed to further extend the term such that it will end on August 31, 2023 (unless terminated earlier) and to further increase the maximum amount of research costs to be reimbursed by EMTEC from $50,000,000 to $60,000,000. Amendment No. 3 is intended to (i) allow for continuation of research that would enable the parties to finalize data collection in support of the project gate decision to use the developed technology in a Company fuel cell module demonstration for capturing carbon at ExxonMobil’s Rotterdam facility, (ii) allow for the continuation of the development, engineering and mechanical derisking of the Generation 2 Technology fuel cell module prototype, and (iii) allow for studying the manufacturing scale-up and cost reduction of a commercial Generation 2 Technology fuel cell carbon capture facility.
The foregoing summary of the terms of Amendment No. 3 is qualified in its entirety by reference to the full text of Amendment No. 3, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
All Fake news we don’t need here.
Only Facts please not some opinion…
Innovation, Revenue and production is all I care when investing and not my “Feelings” about a person
TSLA best American Tech Company
Poland just got attacked by Russia this might cause some dips
Yes I been holding and accumulating since the dips and will not trim off until we hit the highs again
Damn Right! Pure Due Diligence not some sided source
FCEL is a Diamond in the haystack
FuelCell Energy Awarded $6.8 Million For Its Carbon Capture Innovation
And Soon enough all the Fossil Fuel Companies will want the Technology
Fcel
BINGO!!! Fossils Fuel Companies knows that and reasons why rhymes are TRANSITIONING to HYDROGEN
Tri-Generation is the Link that FCEL has that is the GAME CHANGER
Smart Money ADDING
Follow the Institutions as they Rarely Lose Money
FCEL
Show the DD that shows OTHERWISE…
You didn’t post any because there is NONE!
Awesome video About MCFC!
These are FACTS about the Technology not some Mumbo Jumbo Opinions and feelings.
FCEL
OMG thank you
It's BECCS not BCCES !!!!
You should SERIOUSLY Look that up…..
This needs to be CLARIFIED
DID YOU KNOW??BECCS is the sum of two existing technologies combined in an attempt to remove carbon from the atmosphere and store it underground, as well as generating ‘zero carbon’ heat and power, according to its advocates. ??These technologies are bioenergy, and Carbon Capture and Storage (CCS). Both are broad categories that can involve different types of process and facility. BECCS is often put forward in climate models as a potential solution for tackling so called “hard to abate” residual emissions which more conventional decarbonisation may not be able to remove.
https://elc-insight.org/what-is-bioenergy-with-carbon-capture-and-storage-the-power-beccs-basics/
FCEL is the Key to Transition for fossil Fuel to Clean Energy!
All else who states No only Spills BS with No Facts
FCEL
That’s awesome I’m trying to do the same
Looks like board members are buying again
https://investor.fce.com/Financial-Information/sec-filings/default.aspx
FCEL
Facts are the Facts
Your Due diligence is much appreciated and shows Clarity of Truth then FUD
Yes agreed for the UPSIDE Short SQUEEZE is IMMINENT !
TSLA
It’s always peak fear when you know it’s going back up.
Thats the hardest part when everything is Doom And Gloom you have to be strong and pull the trigger and buy…
All part of Wall Street Mind Games
For me it’s a long term hold… at least 5 years then start to trim some for some rewards money and rest for retirement
FCEL
Woohoo let’s close over $3!
FCEL
That’s a amazing price to buy I grabbed some in the morning as well
FCEL
That’s unfortunate for those that sell at the lows… best now to buy is my best strategy
FCEL
That’s your only narrative and opinion of being selective as many other did the same
The WHOLE MARKET is on SALE…
The ones who have done thier Due diligence will win.
It’s a buy time now and back up the truck now!
FCEL
You still there?
Merck Exercises Option on Personalized Cancer Vaccine With Moderna
Source: Dow Jones News
By Colin Kellaher
Moderna Inc. and Merck & Co. on Wednesday said Merck has exercised its option to jointly develop and commercialize mRNA-4157/V940, a personalized cancer vaccine.
Kenilworth, N.J., drugmaker Merck would pay Moderna $250 million to exercise its option and would collaborate on development and commercialization of the vaccine with the Cambridge, Mass., biotechnology company.
Merck and Moderna, which have been working together since 2016, said they would share costs and any profits equally under the worldwide collaboration.
Moderna is currently conducting a Phase 2 study of mRNA-4157/V940 in combination with Merck's blockbuster cancer drug Keytruda as an adjuvant treatment for patients with high-risk melanoma. The companies said they are on track to report data from the study by the end of the year.
Transition to Hydrogen is Inevitable!
The Department of Energy wants to produce 10 million metric tons of “clean” hydrogen by 2030, according to a draft National Clean Hydrogen Strategy and Roadmap released yesterday.
About 10 million metric tons of hydrogen is already produced in the US each year, but that’s mostly “gray” hydrogen made with dirty natural gas.
Woohoo! Hydrogen is the New Gas
4 SEC. lll23. DEFINITION OF NATURAL GAS UNDER THE
5 NATURAL GAS ACT.
6 Section 2 of the Natural Gas Act (15 U.S.C. 717a)
7 is amended by striking paragraph (5) and inserting the
8 following:
9 ‘‘(5) ‘Natural gas’ means—
10 ‘‘(A) natural gas unmixed;
11 ‘‘(B) any mixture of natural and artificial
12 gas; or
13 ‘‘(C) hydrogen mixed or unmixed with natural gas.’’.
Looks like close over $4 today
FCEL
Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $936,000 Stock Holdings in FuelCell Energy, Inc. (NASDAQ:FCEL)
Posted by admin on Aug 15th, 2022
https://www.defenseworld.net/2022/08/15/mitsubishi-ufj-kokusai-asset-management-co-ltd-has-936000-stock-holdings-in-fuelcell-energy-inc-nasdaqfcel.html
FuelCell Energy logoMitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in FuelCell Energy, Inc. (NASDAQ:FCEL – Get Rating) by 48.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 162,527 shares of the energy company’s stock after buying an additional 53,391 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in FuelCell Energy were worth $936,000 as of its most recent filing with the Securities and Exchange Commission (SEC). https://www.defenseworld.net/2022/08/15/mitsubishi-ufj-kokusai-asset-management-co-ltd-has-936000-stock-holdings-in-fuelcell-energy-inc-nasdaqfcel.html
Hydrogen Generation Market Worth $263.5 Billion by 2027 - Exclusive Report by MarketsandMarkets™
Mon, August 15, 2022, 5:30 AM
https://finance.yahoo.com/news/hydrogen-generation-market-worth-263-093000164.html
CHICAGO, Aug. 15, 2022 /PRNewswire/ -- Hydrogen Generation Market is projected to grow from USD 160 billion in 2022 to USD 263.5 billion by 2027, at a CAGR of 10.5%, according to a new report by MarketsandMarkets™. The factors driving the growth for Hydrogen Generation Market is increasing hydrogen demand in the petroleum refineries and for the application of transportation and electricity sectors.
Good for you use it while I make generational wealth holding and buy all those over bought dips
FCEL
Buy and hold 6-12 months from now when Hydrogen is the New Oil and Micro-grid are taking over then tell me who is the winner!
FCEL
Closed almost high of the day $4.15
FCEL
Yay! Awesome!
Mrna
That is why there is Solar increase Year after Year
https://www.seia.org/us-solar-market-insight
and also now with Carbon Capture and converting that into electrical energy
https://www.fuelcellenergy.com/
Woohoo now let’s break $4
Smart money buys the Dip lol