Record Cash Flow Generation in Q1 Positions Tecogen For Further Growth in 2019

Tecogen natural gas generator with Ultera

Tecogen Inc (US: TGEN – $3.49 & GER: 2T1 – €2.92), which designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products, announced first quarter revenues of $8,176,631, a decline of 19.7% from $10,175,427 for the same period in 2018. Gross profit declined 22.9% from $3,837,803 to $2,958,759. The investment community never wants to see declining year-over-year revenues; however, […]

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Robust Outlook for Tecogen Justifies Price Target Increase

New York City skyline

Tecogen Inc. (US: TGEN – $3.96 & GER: 2T1 – €3.25) designs, manufactures and sells industrial and commercial CHP (Combined Heat & Power), or cogeneration, systems that produce combinations of electricity, hot water, and air conditioning. It’s a well-established Company that has already shipped over 3,000 units, some of which have been operating for more than 35 years. A new […]

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Tecogen’s Record Revenues in 2018 Set Tone For Further Growth in 2019

Tecogen backlog

Tecogen Inc (US: TGEN – $3.99 & GER: 2T1 – €3.34), which designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products, announced revenues for the fourth quarter, ended December 31, 2018, of $9,316,408, a decline of 9.3% from $10,264,163 for the same period in 2017. Although Q4 saw a decrease, the Company still achieved record revenues of $35,883,684 […]

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New Order Confirms That Cannabis Market Remains Strong Growth Driver for Tecogen in 2019

map USA

In recent years there has been a large expansion underway for indoor cultivation operations. Much of this added capacity is due to the construction of modern new facilities for the production of cannabis. The cannabis market has grown enormously in North America as many jurisdictions have opted to relax restrictions on medicinal cannabis use, or to legalize the adult recreational […]

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Advanced Tecogen InVerde e+ Systems Chosen to Power Large Urban Housing Complex

Throughout its 35 year history developing cooling, heating and electrical power generation products, Tecogen (NASDAQ: TGEN – $3.50 & Fra: 2T1 – €3.02) has continued to deliver technological improvements to its entire line of cogeneration products, using clean natural gas fuel for Combined Heat and Power (CHP) systems. The ability of this power generation technology to recover waste heat from […]

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Tecogen Set To Go Full Steam Ahead in 2019

Tecogen Inc. (NASDAQ: TGEN – $3.71 & Fra: 2T1 – €3.16) designs, manufactures and sells industrial and commercial CHP (Combined Heat & Power), or cogeneration, systems that produce combinations of electricity, hot water, and air conditioning. It’s a well-established Company that has already shipped over 3,000 units, some of which have been operating for more than 35 years. Tecogen announced […]

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Transitional Quarter Prepares Tecogen for Further Growth in 2019

Tecogen Inc. (NASDAQ: TGEN – $3.76 & Fra: 2T1 – €3.12), which designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products, announced third quarter revenues of $7,938,684 compared with revenues of $8,501,198 for the same period in 2017. Although this represents a decline of 6.6% it’s noteworthy to mention that last year’s third quarter revenue was an all-time […]

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Technology Upgrades at Tecogen Lead to Significant New Sales Contract

In recent years a growing awareness of environmental issues has encouraged people to reconsider their energy use and explore products that provide cleaner options for their needs. For Tecogen (NASDAQ: TGEN – $3.69 & Fra: 2T1 – €3.08), as a technology company providing efficient on-site power, heating and cooling products, this trend is good for business. As the Company has […]

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