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Re: stoflat post# 13043

Wednesday, 07/10/2019 11:07:42 AM

Wednesday, July 10, 2019 11:07:42 AM

Post# of 60409
I’m not sure but something beneficial to FCEL is happening IMO.
FCEL currently has an exclusive (to all of Asia) license Agreement with Posco for MCFC technology that provides royalties but excludes direct access to Asia by FCEL.
There was an MOU (now cancelled) that allowed FCEL access to Asia resulting in a 20MW sale to KOSPO. That was a 60m$ direct sale plus LTSA and the 1 year performance results were put out in a PR last week.
I suspect there will be either a resumption of cooperation between FCEL and Posco or that access to the Asian market has been restored.
The Korean article posted earlier this morning is also telling.
Anyway you slice it, it’s good for FCEL vs the status of the last year or so.

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