FuelCell Energy Inc (FCEL)

[Hoghead7]

My belief all along is that Exxon Mobil does not want to own a fuel cell company. Although they will obviously work out something favorable to them as far as carbon capture goes. I was delightfully surprised at the newest developments with fuel cell having free rein to work with whomever to develop or deploy the carbon capture technology. Canada is gung-ho, And there's plenty of other opportunities with existing partners or potentially new partners. Novel technology and game changer Are the terms that have been used numerous times by different people. I thought with Toyota involved Long Beach would be quicker and smoother, but that didn't matter. I'd like to think with Exxonmobil and the current sense of urgency to get CCUS rolling the Porthos project will at least be on schedule. JDA through 12/31/26 suggest to me, If everything is going as hoped, They will have a new commercialization agreement prior to the 31st of December. And finally at that point it will be something very big. FCEL is going to need time to ramp to maximum output of 200MW a year prior to that or they won't make any significant progress with installation for a couple years after the commercialization agreement. Language regarding ramping MCFC as needed has already begun in Q1 call.