One useful point to make is that Bloom has a viable business model and did a $1.5 billion IPO about a year ago. Has Southco as a strategic investor/partner.
Doosan also has a viable business model and is planning to do an IPO. Going to be building a 200 MW fuel cell plant in SKorea among other things. Has fuel cell plant manufacturing in CT and SK.
FCEL has a viable business model but needs a strategic investor with deep pockets. They have a $1.2 billion backlog (or whatever it is now), they have debt financing for the backlog, but need to put in equity, which is the problem. Hopefully, they will have something to announce before August 7th.
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