FuelCell Energy Inc (FCEL): it makes a lot of sense f you understand...

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Re: igotthemojo post# 54473

Monday, 05/01/2023 1:21:11 PM

Monday, May 01, 2023 1:21:11 PM

it makes a lot of sense f you understand the complexity, and leading edge characteristics of this project.

it is an ORDER and FCEL can start to receive payments for long lead time items that will go into the first JV CC solution. It is evidence that the JV has a solution and there are items that need to be specially tooled for a first installation in Rotterdam.
I am puzzled (sort of) by the mention of the MCFC as that should be available form the current production facility - what lead time do they have on those? Or is ist tha SK are about to. also buy some more and to beat the rush EXXONn was advised to order now?
EXXON need to say to Rotterdam (PORTHOS) that they can have the first CC unit installed by a certain date - to do that they have to order from FCEL and take the financial risk themselves that they get the FID on stage one PORTHOS.