FuelCell Energy Inc (FCEL)

[Hoghead7]

Germany aggressively moving to Carbon Capture!
https://t.co/FRRi687rzu

Paper from above feasibility study
https://doi.org/10.1029/2023EF003986

From section 2.1.2 Drax study
Combustion of woody biomass for heat and power cogeneration (CHP) combined with carbon capture (BECC-WCom), repurposes previous coal-fired power plants to use woody biomass feedstock. The CO2 released as the exhaust is then chemically captured and can be concentrated and transported to geological storage sites. This option allows for repurposing existing infrastructure, continued central power and heat provision and the use of technologies, which has already been demonstrated in other countries (e.g., in United Kingdom the example of Drax Group (2018) might be appealing given the impending coal phase-out in Germany (KVBG, 2020)).

They got the year wrong but it's FCEL
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Announces-New-Carbon-Capture-Project-with-Drax-Power-Station-2019.pdf

2024 Drax and Sheffield UK
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.sheffield.ac.uk/news/university-sheffields-energy-innovation-centre-partners-drax-advance-carbon-capture-research&ved=2ahUKEwjYrpbTjquGAxXtEFkFHcQJCjoQFnoECBsQAQ&usg=AOvVaw1CxN_1YtzItQAoyFUUnuUp

2022 FCE at Sheffield
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.sheffield.ac.uk/energy/news/advanced-molten-carbonate-fuel-cell-research-rig-unique-uk-arrives-translational-energy-research&ved=2ahUKEwjL2M_kjquGAxVFFVkFHSnfC1MQFnoECBYQAQ&usg=AOvVaw3FXUrk4DjgJtn-unUMK9_V

March 29, 2023 additional funding at Sheffield (Advanced Technologies revenue for those playing the home game and doing diligence)
https://stockhouse.com/companies/bullboard/fcel/fuelcell-energy-inc?postid=35607809

From above link, Patents limited ability to work with ANYONE else, hence FCE received the additional funding for the work!
"At the time of contracting with the supplying company they believed it would be better for the University to procure services locally to allow for connection and full installation of the equipment. However, during the process of design of the system it became more and more apparent from both a technical and financial perspective, that the supplier is the only plausible contractor able to undertake this work. The original tender did include requirements for a turnkey solution."
Drax Partnered with Sheffield after this to move towards COMMERCIALIZATION!

As if Drax isn't enough potential, what about Exxonmobil, May 22, 2024
https://corporate.exxonmobil.com/Locations/EU-regional-news/Carbon-capture-technology-field-testing-Rotterdam

So Drax and Exxonmobil partnered with FCEL YEARS ago and both now advancing the long, Thorough testing towards COMMERCIALIZATION of their PATENTED technologies!!! And the MARKET is currently putting $0 future valuation (on over a $1T market per Exxonmobil). FCEL currently less than $400M market cap! Less than cash value of the company.
A company whom went from $7.5M per year revenue from Generation (a power company) in 2019 to $63M RECURRING REVENUE from Generation in 2024. And that has nothing to do with Carbon Capture.
A company whose primary revenue through 2017 was from South Korea where their (at the time) Partner Posco Energy (subsidiary of Posco Steel) tried to steal the company and their tech by tweaking the tech, then having problems with it, blaming FCE, slandering and suing FCE and losing to the tune of over $100M eventually. This law suit, slander and financial attack by one of the most powerful companies in SK did exactly what Posco wanted but they failed to achieve their ultimate goal of bankrupting and taking over FCE. FCE has since regained access to SK and the overall Asian market and now has access to restart and service well over 100MW of existing FCE and Posco installed Fuel cells worth $100s of millions and has been negotiating such for over 1 year now. Their largest customer in history is just about to become their largest current customer, this time with no middle man and a solid financial profile.

And there's NO PERCEIVED VALUE to that! RAOTFLMFAO!!!!
Vanguard knows the deal with over 43M shares, and BlackRock with over 35M!
Honorable mention
Toyota, MHB, US DOE, US DOD, IBM, Chart Industries, TuNur, Etc

TICK TOCK, TICK TOCK, Boooooom!