Company Snapshot: Tecogen Inc. (TGEN)

In less than a week’s time, Tecogen Inc. (TGEN – $5.06), which designs, manufactures and installs industrial and commercial Combined Heat and Power (CHP) systems, announced the sale of six additional units with a total price tag of well over $1 million. First, Tecogen received an order for three CM-75 kW combined heat and power (CHP) units from a major […]

Tecogen Inc. (TGEN – $5.10), which designs, manufactures and installs industrial and commercial Combined Heat and Power (CHP) systems, ended its second quarter with a record backlog of $14 million. This represents more than 20% growth over the $11.5 million backlog at the end of the prior quarter, and is even up 50% compared with the backlog reported at the […]

Tecogen Inc. (TGEN – $4.93) has sold another InVerde e+ 100 kW Combined Heat and Power (CHP) unit. It will be installed at Silver Towers, a luxury 277-unit residential building in Queens, New York. The agreement includes the purchase of the CHP system, the full installation, and an initial 2-year maintenance contract. Exact numbers weren’t announced, but this contract will […]

Tecogen Inc. (TGEN – $4.52) designs, manufactures and sells industrial and commercial CHP (Combined Heat & Power), or cogeneration, systems that produce combinations of electricity, hot water, and air conditioning. Tecogen is a well-established company, as it has already shipped over 2,300 units so far, some of which have been operating for almost 25 years. About a month ago Tecogen’s […]

Tecogen Inc. (TGEN – $4.30), which designs, manufactures and sells industrial and commercial cogeneration systems that produce combinations of electricity, hot water, and air conditioning keeps winning new orders. This week the Company sold a second Tecochill CH-400 chiller to Stanley Black & Decker for use in their manufacturing plant in Reynosa, Mexico. The Tecogen chiller is replacing aging electric […]

After Tecogen (TGEN – $4.58) formed the joint venture Ultratek to test, verify and develop the Company’s near-zero emissions technology for vehicular applications early this year, it now has formed a 50/50 joint venture corporation with the Czech company Tedom, one of Europe’s largest combined heat and power (CHP) manufacturers. The new company, called TTcogen LLC offers a complete package […]

Initial tests by Ultra Emissions Technologies (Ultratek), which is 50% owned by Tecogen Inc (TGEN – $4.43), conclusively prove that the Ultera technology is highly effective in reducing harmful pollutants from a gasoline powered light duty vehicle. The test results show that the non-invasive Ultera system reduces levels of carbon monoxide emitted from a gasoline powered test vehicle by as […]

Tecogen Inc. (TGEN – $3.80) designs, manufactures and sells industrial and commercial CHP (Combined Heat & Power), or cogeneration, systems that produce combinations of electricity, hot water, and air conditioning. The fundamental economics of CHP, such as high electric rates, low gas rates, and grid resiliency concerns continue to be in the Company’s favor. These trends are already visible in […]

Tecogen Inc. (TGEN – $3.93), was awarded an approximately $2 million contract for the sale of multiple Combined Heat and Power (CHP) units to a school district in Long Island, NY. The order includes a mix of InVerde 100 kW and CM-75 kW CHPs, as well as load modules, factory engineered accessories, and long-term service agreements. The CHP systems will […]

In the first full year as a public company, Tecogen (TGEN – $3.77), which manufactures, installs and maintains industrial and commercial cogeneration systems, grew its revenues from $19.3 million in fiscal year 2014 to $21.4 million in 2015, an increase of 11%. At the same time, its sales backlog grew by 17% to $11.6 million. Tecogen’s gross margins in 2015 […]