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Revolutionary technology in Canada
https://cosia.ca/blog/revolutionary-technology-could-slash-emissions
Note at the end of this post, this is the UK and they would like to use a local supplier but that's not possible because the supplier (FCE) is the only one capable!
NDAQ:FCEL - Post by User
Fuelcell Energy Inc
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Post by 3.1417on Aug 28, 2023 8:54am
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Thank you University of Sheffield U.K.
Contract modified due to additional needs. 29 Mar 2023 to 31 Aug 2023
With co-funding from the European Regional Development Fund, the University of Sheffield is establishing a flagship national Translational Energy Research Centre (TERC) and is looking to procure and integrate into a mini-grid system a range of bioenergy and renewable energy generating equipment, Carbon Capture, Utilisation and Storage (CCUS), fuel cells and electrolysers. Carbon capture is a fundamental element in the transition to low carbon economy. Molten carbonate fuel cell (MCFC) technology is highly appealing: it does not only capture CO2 but also produces electrical energy at the same time.
Furthermore, the high operating temperature (~600 ºC) enables MCFC to internally process a wide spectrum of fuel and flue gases. As part of the equipment portfolio, we are looking to procure an MCFC system capable of generating ≥ 30 kW. The MCFC system will support our extensive current and future research activities in low carbon energy generation, integrated energy systems and hydrogen economy.
Legal Justification
At the time of contracting with the supplying company they believed it would be better for the University to procure services locally to allow for connection and full installation of the equipment. However, during the process of design of the system it became more and more apparent from both a technical and financial perspective, that the supplier is the only plausible contractor able to undertake this work. The original tender did include requirements for a turnkey solution.
Link from a friend, must read
https://www.woodmac.com/news/opinion/ten-predictions-for-energy-2024/
More big political support for our specific technology!! Ports and heavy duty trucking!!
"Congressman has reintroduced the Hydrogen for Trucks Act of 2023 and the Hydrogen for Ports Act, to the House of Representatives. The bills aim to incentivize and promote the use of hydrogen in heavy-duty transportation, specifically trucks and ports."https://t.co/rUg6Z1tMNz
— Bjørn 🇳🇴 🇺🇦 (@H2Bjorn) December 28, 2023
$21.5 billion for clean hydrogen, carbon capture and sequestration, storage and transportation, including creating regional clean hydrogen hubs, supporting large-scale carbon capture projects and developing CO2 pipelines.#CIVE #designbuild #construction #cleanhydrogen pic.twitter.com/SNT8vJeY2t
— CIVE® (@CIVEinc) December 28, 2023
FuelCell Energy's Tri-gen system in @PortofLongBeach is delivering renewable electricity, hydrogen, and H2O--powering @Toyota Long Beach. Learn more about Tri-Generation and take a virtual tour of our system ⬇️ https://t.co/xUUSjN7tJW
— FuelCell Energy (@FuelCell_Energy) December 28, 2023
+69% from 2 months low, 39% from 1 month low and 10% from past week low. 14M volume is well below recent average but still fluid. And just popped to $16.2M and $.01 uptick at close
Well below average volume up 10% over past week, 1 hour left in the trading day. Green on 17M shares would be nice! TICK TOCK!!
$10M shares just hit at 1.30pm, below recent average but a bit above average for this time of day given the 6 months volume average. Touched $1.68 and I bought a Few hundred shares and several different options for January, February, and April. TICK TOCK!!
Now we find out what's going on! Gotta believe the facts Make a very strong statement. I don't have to repeat myself already said it a couple times. Broke South of $1.78 & $1.76, current support at $1.69! All facts point to breaking the 200 say, so where do we bounce from and how quickly? 1st dip in the past month was 10% and the second was 5%, both about 2 weeks apart and after a 25-30% gain in the previous 2 weeks, give or take a couple days and a couple % on each. So 5%, (current support $1.69) worst case 10% ($1.60) and bounce higher within a "Few" trading days, by Monday close is my guess! TICK TOCK!
nice! Definitely insider info politicians have access to, ie policies, tax incentives behind the scenes negotiations and relationships ie DOE, DOD etc.
Re-post MUST READ
Check out @LieutenantJoe message on Stocktwits http://stocktwits.com/LieutenantJoe/message/555955773
Ya know, I don't usually find premarket or AH very significant. But, closing up $.02 after being up over 80% from the 4 year low in less than 2 months is pretty good, then going up $.04 AH on the same day, ending $.02 off the 200 day Moving Average, well, you tell me.
Facts: we are over 77% above the low less than 2 months ago. We have passed all moving averages except the 200 day. We were plus $.02 without dipping below yesterday's close. Yet Plug was down 1.5% and Ballard was down .5%. Bloom has been doing well obviously. Generation portfolio is now in excess of $60M annual RECURRING REVENUE, up from $7.5M until summer 2019. That's approximately 800% increase in 4.5 years. $400+M cash and equivalents available. Expanding manufacturing in Canada and the US with plans to continue expanding as needed moving forward. Several contracts currently in negotiations and final approval to move forward on Carbon Capture Project with Exxonmobil in Rotterdam has been made. I can list 20 other developments or facts, but I've done so repeatedly. Anyone missing the boat has no one to blame but themselves. Enjoy the ride INVESTORS! 24, 25, 26 are going to be EPIC! TICK TOCK!!
Traders seem to have drawn a line in the sand at a $1.77, although yesterday's close and today's low around the open was $1.76. ultimately we just need to hold that $1.76 through tomorrow in my opinion. If they can't get us below that, There's an extremely high likelihood they won't. And there's no way we're going through Friday without dipping below $1.76 or breaking through $1.85. just my opinion. Be awful nice to see this close at $1.83 or a $1.84 But I honestly with what we've been through over the past 3 years I'll be happy with green.
$1.84 close on 21M shares would be fitting wouldn't it. Right at the 200-day moving average right at the average volume as a recent. Of course that would mean some heavy volume in the last hour.
Note the charts! Daily, very nice step up to 12:55 p.m., with a very tight range until 2:00 between 181 and 182. Pulled bag just recently let's see if we hold $1.76 (Close and todays low) or $1.77 (Current price). 1 week, 1 month and 3 months charts look very encouraging and the 6th month is beginning to look almost as encouraging. Break through that $1.85 level and all charts out to 1 year will look awesome very quickly. Anyone monitoring moving averages volume and charts will be all over this. C'mon let's go! 1 huge purchase order 1M+ buy at the close!!
80% jump in less than 2 months from the bottom. Broke all technicals, average volume has increased substantially, and we are testing the 200 day MA as we speak. Gotta start thinking new 52 week high is on the horizon with a burst past $1.85 and any further good news for the industry or company specific. Q1 should be a mid term stimulus, unless there are revisions issued ahead of time taking away from the bang. In the meantime we're going to hear something about The new term issues identified during the conference call. Hopefully Groton TIP completion and running 7.4MW. That may be followed very quickly by another project with DOD or the Navy.
The daily chart since 10:40 a.m. looks pretty promising since testing support. One more jump to $1.84 Just might do it. Who's got $10M to slap down?
Frank Wolak spoke out about restrictions for hydrogen incentives. The link following this one is the reason why my opinion is that it will be resolved in the 60-day public comment period
https://www.google.com/url?rct=j&sa=t&url=https://justthenews.com/politics-policy/energy/industry-group-says-proposed-rules-hydrogen-tax-credits-will-harm-domestic&ct=ga&cd=CAEYBCoUMTM1MzMxMzY1MDEyMTQ1OTUwMTQyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw3JLRAFBxuHfvrVwWfPjXQJ
Any concerns negatively impacting increased production by companies such as fuel cell will be resolved. I'm not quite sure how restrictive they are but they will be resolved.
https://www.theintelligencer.net/news/top-headlines/2023/12/manchin-and-capito-w-va-hydrogen-projects-at-risk-due-to-tax-credit-restrictions/
$3 calls for 4/19 flying off the shelf. Bid ask was $.10 $.12 I sold 10 contracts for $.12 instant, and ask went to $.13 so I tried it, instant fill again at $.13 bought for $.05!
Quick test of support first thing this morning, followed by a relatively quick test of the 200-day moving average. How long will we sit in the middle? Which way do we go which way do we go. I can tell you one thing, I'm relatively confident we're not sitting in the middle through tomorrow. And I think if we test support lower that will be resolved by Friday. I'm just as confident or even more so share price is going higher next week regardless. That does not mean we don't break a $1.84 this week. That means no matter what happens this week we're still going higher next week. That's my guess. TICK TOCK!
In thinking just now, initially I was thinking we're destined for a little pullback and a test of where support is. Then I started to think, Well the share price is severely undervalued given not only the state of the market but recent developments and the fact that there's no potential in the share price it's basically just current valuation. Knowing the stock is definitely going higher in a big way in 2024, although I would be surprised, it could just breeze right past the 200-day moving average. We find out today. TICK TOCK!
59,000 shares had traded very early this morning and the stock was down $0.02. Bears obviously trying to startle people and create profit taking or just create volatility for day trading or short-term trading. Three projects created over 30 million in revenue for Q4 and Q1, Then we finally got the announcement about the porthos project moving forward with Exxon in Rotterdam. If you haven't listened to the conference call I highly advise it and read the transcript. There are now in the process of ramping MCFC production to 100 megawatts, at the same time they are ramping to 40 megawatts SOFC In Canada with the capacity to relatively easily ramp to 80 megawatts. They have lowered the projected cost of the planned 400MW manufacturing facility in the US from $250M to under $100M. Although in the conference call one of the analysts wrongfully suggested they were projecting $300M, Few paused and decided it wasn't worth the debate or correcting him. Since the ultimate issue is what is the cost going to be anyway. Even though they missed on revenue they beat on earnings due to the financial diligence, which is going to continue to show improvements quarter over quarter. I believe the recent buying is primarily retail investors trying to accumulate all they can due to several significant developments. First and foremost there's some comfort that the market is now a bull market which was the main contributor to the prolonged decline. Otherwise the SP would have never dropped to $2. Secondly they completed three long-awaited projects particularly Toyota project and closed tax equity financing on all of them resulting in $30+M revenue. Lastly, The elephant in the room is moving forward with the porthos Project. TICK TOCK!
Exactly 60% higher in 1 month. And there's already been two separate episodes of profit taking that lasted no more than a couple days. We surpassed every technical level by far except for the 200-day moving average. We could get one to two days of profit taking before surpassing it but it would be awful nice to see it close over $1.85 this week. One strong market day that average could be a speed bump. We should have a pretty clear picture of what's going on by Friday close. Cmon Few, give us some bang up news tomorrow.
$1.76 on 13.4M shares. Couldn't really ask for much better. Not an attention getting amount of volume or jump but very nice especially after and already impressive gain over the past week and the past month. Markets were all nicely in the green and all the fuel cell stocks the same. Plug was up 5.75% while fuel cell was up 6.7%. My account was up 7.7%, so my options did better than my shares. Just hoping we end the week higher than we did today. $1.85 beats the 200-day moving average. I'm sure there's plenty of technicals already keeping track. TICK TOCK!
I'm happy with anything green at this point after the massive gains in the past month but I would be extremely happy with a $1.75 close on 15 million shares. 200-day moving average is the only one we have not surpassed which is a $1.84. If we close over $1.85 this week that would speak volumes to everyone. Close Green and stay over that the rest of the week would be almost as significant ultimately very likely to break through a $1.85. any undeniable good news for the industry at this point would likely do that in my opinion. TICK TOCK!
They will resurface if they've disappeared. After all it is up 60% from the low this month. I'm not sure I block them all
1.4M shares traded at 9.52, typical average even though the numbers have been skewed with higher volume recently. $1.70 and looking like it wants to push higher. All fuel cell stocks slightly in the green which is better than anything really. I'll be grateful with green but I'll be happy with $1.70+. I'll be even happier with $1.75+ As long as the volume picks up a little at the end of the day. +20% from 1 week support level and over 60% from 1 month low, over a 4 month high. TICK TOCK!
https://www.linkedin.com/posts/scottjbartlett_ccus-carboncapture-carbonmarkets-ugcPost-7142929313103757313-CtPl?utm_source=share&utm_medium=member_android
Project co-funded by the European Union.
https://www.linkedin.com/posts/exxonmobileurope_ccs-energytransition-activity-7142601933617299456-PvvV?utm_source=share&utm_medium=member_android
In case you missed Few
https://www.linkedin.com/posts/fuelcell-energy_fuelcell-energys-president-and-ceo-jason-activity-7140816352058994688-DRd8?utm_source=share&utm_medium=member_android
Agree with that market cap at some point by then, but SP might be a little off based on adding shares. That's $124B. $1B + revenue by 2030 current projection. 100X is a big multiple but has happened historically. I'll stick with my $100+ share price at some time between 2024 + 2028.
Must Read! This is just 1 of the patented Advanced Techs we possess. And Toyota loves it. Toyota has been in discussions with FCE regarding CHP applications for other locations per Mark Yamauchi and Paul Fukamoto video I posted several times. Toyota is the largest Automobile manufacturer in the world! Another Patented Advanced Technology is being developed for commercialization with Exxonmobil (1 of the most influential and powerful companies in the world).
Lots to click on in here!
https://www.fastechus.com/blog/hydrogen-fuel-cells-in-infrastructure-development
This page alone contains enough info to support a higher SP for FCEL based on current facts and potential. Much higher SP given the current state of the economy and markets compared to the past 3 years.
https://www.fastechus.com/blog/hydrogen-technology-for-net-zero-buildings
Combine with above link. FCE is the only company that does Trigeneration! Yes, only! They did the Fountain Valley project with Air Products years ago
https://www.fastechus.com/blog/the-promise-of-tri-generation-power-plants
DOE funds
#NEW❗ #FECM announced its intent to fund projects that will help convert carbon emissions into environmentally responsible & economically valuable products like fuels, chemicals, & etc., bringing good-paying jobs & cleaner air to U.S. communities ➡️ https://t.co/9YdqmP1aG3
— DOE Fossil Energy and Carbon Management (@FECMgov) December 21, 2023
SNAM Clip from Jan 5, 2023 article
The installation of trigenerative systems with hydrogen-ready fuel cells for self-generation of electricity and thermal energy and the installation of heat pump systems.
Link for above clip
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.passengerterminaltoday.com/news/airport/torino-airport-achieves-level-3-aci-carbon-accreditation.html&ved=2ahUKEwjM1dGm1aaDAxXJMlkFHbUzDu84ChAWegQIBBAB&usg=AOvVaw1m-LnDrr2BvW0U0ksHAGvS
Nice ExxonMobil clip, must read
https://www.google.com/url?rct=j&sa=t&url=http://koreabizwire.com/exxonmobil-to-build-ccs-pilot-plant-with-fuelcell-energy-using-carbonate-fuel-cell-technology/268493&ct=ga&cd=CAEYASoUMTM5MDE3MTkyNjE4NzU0MTA2ODkyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw0-Kjg1cnEN3MBqmsMiOKNP
Another must read "Game Changing Technology"
https://www.google.com/url?rct=j&sa=t&url=https://oilprice.com/Energy/Energy-General/Carbon-Capture-A-Crucial-Tool-or-a-Costly-Distraction.html&ct=ga&cd=CAEYAioUMTM5MDE3MTkyNjE4NzU0MTA2ODkyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw11rSU6yKvVeStrFHlBas_k
💡#DYK that momentum for #CCS continues to build in #Europe, as a result of supportive policy & financial incentive adopted by many European countries?
— Global CCS Institute (@GlobalCCS) December 22, 2023
📥 Download the #GlobalCCS23 report to learn more about the latest CCS progress across the region ⬇https://t.co/KeTpOX0zUx pic.twitter.com/V08QqPAfB5
Thanks
My reply to someone on Reddit asking if the company would survive the shorts. Don't forget that video I posted the other day by Martyn.
They have been developing/advancing Carbon Capture with XOM since before 2016 and became official in 2019. The only reasons it hasn't taken off faster are tweaking/testing to meet expectations and pushing for enough monetary policy to make it profitable from the get go. They have so much more besides Exxonmobil and Carbon Capture.
1st they have Carbon Capture with others, look up Fuelcell Energy at Sheffield University, at least 2 separate articles. 1 about the original project and another about added $ to the investment to further the testing due to success with the first investment. Google Fuelcell Energy in Canada. They have a project in engineering stages and more in the works for sure. Already had a pilot in 2015 or 2016.
2nd, Trigeneration with Toyota is a major Home run! They did 1 with Air Products in 2014 or 15 I believe, still up and running in California. Toyota has already been in discussions with FCE about future projects, over 1 year ago. Video with Paul Fukamoto and Mark Yamauchi proves such in their dialogue. Specific interests in FCE Combined Heat and Power application.
3rd, their Biomass and wastewater treatment plants are a home run also, they have several and have done 2 projects for Tulare California. Did a biomass study 2019-2021 with Drax, whom as of 2023 was still very interested in working more with FCE.
4th Nuclear, well read the Q4 transcript and add Nuscale to it. They have 2 projects with Nuscale, the US DOE and Shell, awarded end of 2022 less than 2 months apart. 1 in the Ukraine. I believe September and November? Easy to find.
5 Not enormous cash but good balance sheet, far greater assets than debt. Made several strategic financial moves this year alone, most recently Tax Equity Financing with 3 projects.
6 CEO has impeccable resume and proven history with getting to the finish line. Put together a dream team and compensation is shares. They aren't going anywhere because they know what they have.
7 Generation portfolio has grown to over $60M a year from $7.5M as of spring 2019. You're going to see well over $60M in 2024. That's 700% growth of RECURRING REVENUE in less than 5 years.
8 Hundreds of patents world wide
9 Just got back into S Korea January 2023 and reaping rewards already. Til 2016 they were primary customer and cash cow with several ++ quarters. Posco altered the tech, screwed up, blamed FCE and tried to steal the company. We finally won a dragged out battle I told everyone Posco didn't have a leg to stand on. Already resulted in over $100M but much more to come!
10 Again Q4 transcript, Awards in works with contract negotiations only to be announced and added to backlog once officially completed.
11 4-5 very significant MOUs since 2021 of which have certainly advanced, 1 in S Korea referenced in the Q4 transcript. SK and the rest of the Asian Market are moving aggressively and will result in big $ for FCE. Malaysia Marine & Heavy Equipment is 1 of the MOUs. As is KEPCO (huge EDC in SK) and TuNur.
12 Currently ramping from 4MW a year capacity in Canada to 40MW and announced ability and intent to increase to 80MW.
13 Plan to build 400MW Electrolyzer manufacturing facility at unspecified location in the US. Previous estimate was $250-$300M investment revised down to $100M during Q4 call, (Again, read Transcript)!
14 Again, Transcript! Plans to ramp MCFC production to 100MW partly related to deal with Exxonmobil and perceived need due to Carbon Capture and Trigeneration platforms growing demand.
15 $$ from IRA and Bipartisan laws just now beginning to be distributed. They expect and will get their share. They have worked very closely with the US government DOE and DOD for many years.
16 Lead counsel added to the US Energy Dept of Commerce Advisory board early 2023 I believe it was.
17 This is all off the top of my head in 15 minutes. I'm definitely missing a few things. This can/should make new 52 week highs in short time, then who knows how high it goes. It went up 1,400+% in 3 months beginning the end of 2020 on just hype & hope. 1,400% in 2024 is very real possibility. TICK TOCK!
Just like we did not go below $1.40 after earnings we're not likely to go back below $1.50 after crossing a $1.60 just now. Much more likely test $2 before the end of next week, or even by Wednesday.
Rationale in reality, did anyone of sane mind and average intellect really believe they were going to break about a 5-month high on tax equity financing, Then get an announcement about Exxon Mobil in Rotterdam and not continue to make new highs even though they missed on revenue but beat on earnings. Somebody explained to me how not breaking a 6-month high in the near future would make sense after Over two and a half years of declining share price. If Q1 earnings are as I've posted with more than sufficient evidence to support, I don't see how we aren't at New 52 week highs by the week of the March conference call. Not to mention there's definitely going to be some positive developments between now and then.
What barriers are there in the share price once we break $1.60? Lol. I see some minor pauses or speed bumps but nothing significant all the way to $2.40.
What barriers are there in the share price once we break $1.60? Lol. I see some minor pauses or speed bumps but nothing significant all the way to $2.40.
They have a deep story in Canada also. Including a couple of very influential Canadian people on the board. We also have a manufacturing facility in Canada through an acquisition many years ago. Canada is moving very aggressively with carbon capture and we already have one project identified. I've posted the connections before.
South Korea is going to be huge just like it was before, only now it won't be the primary source of revenue. Ever since Jason Few initiated the lawsuit against Posco, I knew we would win in benefit and that repeatedly stated such. We've already reaped rewards and we will reap much greater rewards from such in the near future and the distant future.
I already posted the Navajo Nation story just before this, highly recommend reading.
Years ago it was easy enough to list the three or four or five potential significant opportunities. In the past two years they have developed so many even I can't recall all of them off the top of my head. Just sinc end of 2022
Nuscale, EDF, Kinectrics, Oando, Chart Industries, MHB/MMHE, AND of course there's the connection with the largest automobile manufacturer in the world and a potentially one of the most powerful and influential energy companies in the world (Toyota & Exxonmobil).
Always stay on top of finances!
$87M Project finance May
Groton debt financing August
Toyota and Derby Tax Equity Financing December
Still over $400M cash, meaning all debt short-term and long-term could be paid with cash on hand and still have enough for operations for one year. And yes we now have access to 500M shares as needed to grow the company.
US Dept of Commerce taps FCE for guidance adding our Lead counsel to the board!
Now look at the news just as of recent, projects completed now eliminating expenses being spent to get them to commercial operation and generating recurring revenue. Earnings are going to continue to improve each quarter moving forward. Once this closes over $2, No one will ever have an opportunity to purchase shares under $1.50 ever again. Unless of course they purchase options right now. TICK TOCK!!
Navajo Nation venture capital
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://tribalbusinessnews.com/sections/energy/14463-venture-funding-boosts-big-navajo-energy-s-clean-energy-expansion&ved=2ahUKEwibsMXon6ODAxVfF1kFHYYgBe8QFnoECBYQAQ&usg=AOvVaw1NAO3RS_QgCZs7w8j0NE1B
Dec 22 Navajo Nation update
https://navajotimes.com/reznews/benefits-of-hydrogen-pipeline-on-navajo-nation-marketed-during-northern-navajo-fair/
Western hub still might move forward! FCE, Plug, Navajo Nation The Governor and others met as a New Mexico round table spring 2022. Months later, Navajo Nation selected fuelcell energy for a project at the Toho Well. Link above validates their finally moving forward due to venture capital investment to the Navajo Nation as of September 2023. The multiple benefits of fuelcell energy technology are very attractive to many.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.newsdata.com/california_energy_markets/southwest/western-hydrogen-hub-partners-await-feedback-on-unfunded-doe-proposal/article_df6b8996-6f80-11ee-ae25-bb7e3b7e0fc0.html&ved=2ahUKEwjj1_vvoaODAxUrMlkFHeuVByUQFnoECDcQAQ&usg=AOvVaw1MJSSHYAD_8rwE-_ar7JoW
Not too long ago and through much of the past 2 years, Bears and Bulls alike have questioned effects on mobile was just using fuel cell energy for their technology and also questioned or suggested they were never going to do any projects with fuel cell energy and specified they weren't doing the one in Rotterdam.
https://www.linkedin.com/posts/cbia_exxonmobil-fuelcell-energy-test-carbon-capture-activity-7143240604347506689-2gcD?utm_source=share&utm_medium=member_android
I repeatedly stated my utmost confidence They were in fact at least doing the Rotterdam project, And we had evidence of that commitment from an Exxon Mobil executive over a year ago which I posted several times.
https://www.linkedin.com/posts/activity-7142506515264962560-2QLI?utm_source=share&utm_medium=member_android
TICK TOCK!!