Company Snapshot: Tecogen Inc. (TGEN)

After last week’s conference call by Tecogen’s (TGEN – $2.87) management team, it was clear that the Ultra Emissions Technologies (Ultratek) joint venture was on its last legs. Now it’s official. The Company and Ultratek’s co-investors will dissolve the JV before the end of the year. All unspent funds of Ultratek will be distributed to its investors. As part of […]

During a very informative conference call, members of Tecogen’s (TGEN – $3.00) management team provided an update on Ultratek, the Company’s joint venture established to develop the revolutionary Ultera emissions technology for automotive applications. An Ultera is Tecogen’s proprietary muffler-like emissions control technology that reduces a natural gas powered engine’s harmful emissions such as NOx, CO, and hydrocarbons to near […]

After selling a dozen chillers to the rapidly emerging cannabis industry in North America, Tecogen (TGEN – $2.96) has now inked its first transaction with an indoor vegetable grower called Beverly Greenhouses. With over 20 acres of greenhouses onsite, it is one of the larger indoor cucumber operations in Ontario, Canada. The Company has sold both an InVerde e+ and […]

Hardly a week goes by without Tecogen (TGEN – $3.29) announcing a new sales agreement. The past week was no different. The Company first sold two InVerde e+ CHP units to power a luxury condominium building in Manhattan, New York. Then it announced the sale of two 200-ton Tecochill STx Series chillers to an indoor cannabis growing facility located near […]

Tecogen Inc (TGEN – $3.37) has received an order for no less than 10 InVerde e+ Combined Heat and Power (CHP) units, one of the largest contracts in the Company’s history. The CHPs will be installed in a brand new residential building in Brooklyn, NY. Although no details were provided, the order is estimated to be worth well over $5 […]

Tecogen (TGEN – $3.03) sold two InVerde e+ Combined Heat & Power (CHP) units to a newly constructed laundromat in Mount Vernon, NY. The two 100kW machines have the capacity to supply the business with all of its hot water and a majority of its electrical needs. Once up and running, the facility will produce almost two thirds of its […]

Tecogen Inc. (TGEN – $3.06) 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, as it has already shipped over 2,500 units, some of which have been operating for more than 30 years. Tecogen’s second quarter was an impressive one […]

With great curiosity, investors were looking forward to Tecogen’s (TGEN – $3.27) second quarter financial results, as they were the first to be made public after the Company’s acquisition of American DG Energy (ADGE) on May 18th. Tecogen certainly delivered on expectations. Revenue in the second quarter, ended June 30, 2017 was $7,590,540 compared with $5,687,308 for the same period […]

After having provided reliable cooling for almost thirty years, a regional utility company in Boise, Idaho, decided that it was time to replace its Tecogen (TGEN – $3.27) chiller with… a brand new TECOCHILL. The unit will provide 150 refrigeration tons of year-round cooling for the corporate headquarters of the company. Having a customer come up and say that it […]

Tecogen Inc. (TGEN – $3.40), the manufacturer of ultra-efficient and clean natural gas powered heating and cooling equipment, is having an excellent summer in terms of machine sales. Since July 1st, it announced the sale of no less than fourteen units. In addition, it is quite well possible that not all contract wins were made public. The past week, Tecogen […]