FuelCell Energy Inc (FCEL)

[Hoghead7]

Construction is underway to my knowledge, fairly certain. However, the project is not supposed to be operational until 2026, I believe they are shooting for spring. Let's just say summer 26. I'm also relatively certain they need testing after operational to validate capture and cost, as well as cell/membrane degradation. I don't think we have conclusive data until 2027. But I believe follow on orders or a buyout will be in process prior to any updates we get. They'll have a good idea after operational for 1 month, except for degradation over the longer term. Efficiency for the first 6 months & 1 year is far more important at this point than lasting 7+ years. They can compare all results from lab and real world and get a clearer picture if they are parallel.