Sunday, September 20, 2020 5:41:29 PM
https://seekingalpha.com/article/4373545-fuelcell-energy-inc-fcel-ceo-jason-on-q3-2020-results-earnings-call-transcript says the following (the emphasis is mine):
"
Colin Rusch
Okay, I'll take it offline. Just trying to get a little bit more on that one. And then the advanced technologies work is running at a little bit faster cadence than we expected. Could you speak to why that's progressing so quickly and how we should think about that going forward?
Jason Few
Colin, hi, good morning, thanks for joining us. This is Jason, I'll give you a perspective on that. Part of the work that we've been doing under our Powerhouse strategy is really to look at what are the areas and opportunities as a company we have to really accelerate growth. Obviously, as we look across the four major areas of opportunities we're focused on from distributed generation, distributed hydrogen, carbon capture, and electrolysis long duration energy storage, we see a market opportunity and momentum really building around hydrogen and the role that hydrogen will play and the transformation of the energy grid. As part of that and the work that we've been doing with DOE, we really began to accelerate the pace at which we're working and have a much stronger emphasis and focus on advancing that technology on the hydrogen side as well as, we put ourselves in a good position with the JDA 2 agreement with ExxonMobil Research and Engineering to really advance our carbon capture work. And, as more momentum builds around that as we continue to -- our organization focused on core priorities being very clear about the applications we're going after, that's why you're seeing some faster pacing as we just have a lot more clarity about the order of battle, what we're focused on, and where we're going to drive future value for this company.
"
Regarding the Groton Project and possibly the San Bernardino Project Michael Bishop said "Yeah, Eric it's working through the process, our gaping [ph] project we are well into that process for that project and expect that -- and we're making good progress there. But we're going through interconnects and all the things that you have to do and those things take time." Though the comment of 'making good progress' is good (or neutral) news, the comment of 'those things take time' is negative news to me. I still wonder how much time (in terms of the number of weeks) it takes to go 'through interconnects and all the things that' still needs to be done for the Groton project to become COD.
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