Friday, January 21, 2022 7:53:38 PM
That's almost a 900% increase in RECURRING REVENUE in 2 1/2 years. We all know 2022 includes orders from POSCO for $60M + $11.5M in withheld revenue during litigation and another potential $20M from Posco and likely sales in Asia resulting in sales revenue in 2023. $71.5M revenue guarantee from Posco + increased revenue over 2021 (likely $95M including increase of $20M from generation + $5M from S+L) isAlmost 140% increase YOY. Low end will be $160M, high end $180M. Analysts project $120-$140M to my knowledge, and calling it a 1 off but no mention of Carbon Capture or Hydrogen revenue and they are negating any potential of the $500+B climate bill focussing on Joe's comment prior to the new year.
Eia.gov status as of October 31, released 12/23/21. November 30 status, release date coming 1/26/22. Let's see if projected CODs remain the same.
https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=table_6_05
As you can see, Yaphank was more than ,50% complete and expected COD in December. Done!
20211263369Yaphank Fuel Cell Park, LLCIPPSWM Fuel CellNY63661SWM-12.8Other Natural GasNGFC(V) Under construction, more than 50 percent complete2.820211263369Yaphank Fuel Cell Park, LLCIPPSWM Fuel CellNY63661SWM-22.8Other Natural GasNGFC(V) Under construction, more than 50 percent complete2.820211263369Yaphank Fuel Cell Park, LLCIPPSWM Fuel CellNY63661SWM-32.8Other Natural GasNGFC(V) Under construction, more than 50 percent complete
Derby under construction, less than 50% complete, expected COD in February. That would be huge. I'm expecting March! We should know by investors meeting.
2022262091Derby Fuel Cell LLCIPPDerby Fuel CellCT62588MM452.8Other Natural GasNGFC(U) Under construction, less than or equal to 50 percent complete2.82022262091Derby Fuel Cell LLCIPPDerby Fuel CellCT62588MM462.8Other Natural GasNGFC(U) Under construction, less than or equal to 50 percent complete2.82022262091Derby Fuel Cell LLCIPPDerby Fuel CellCT62588MM472.8Other Natural GasNGFC(U) Under construction, less than or equal to 50 percent complete2.82022262091Derby Fuel Cell LLCIPPDerby Fuel CellCT62588MM482.8Other Natural GasNGFC(U) Under construction, less than or equal to 50 percent complete2.82022262091Derby Fuel Cell LLCIPPDerby Fuel CellCT62588MM492.8Other Natural GasNGFC(U) Under construction, less than or equal to 50 percent complete
Toyota, under construction, less than 50% complete, expected COD in April.
2022463658Long Beach Trigen, LLCIPPToyota Long Beach TrigenCA64005MMR-12.2Other Waste BiomassOBGFC(U) Under construction, less than or equal to 50 percent complete2.8
Homestead Fuel cell, regulatory approvals pending, expecting COD September.
2022963636Homestead Fuel Cell 1, LLCIPPHomestead Fuel CellCT63980MM502.8Other Natural GasNGFC(L) Regulatory approvals pending. Not under construction2.82022963636Homestead Fuel Cell 1, LLCIPPHomestead Fuel CellCT63980MM512.8Other Natural GasNGFC(L) Regulatory approvals pending. Not under construction2.82022963636Homestead Fuel Cell 1, LLCIPPHomestead Fuel CellCT63980MM522.8Other Natural GasNGFC(L) Regulatory approvals pending. Not under construction
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