Tecogen

Tecogen, Inc. engages in the design, manufacture, marketing, and maintenance of cogeneration and combined heat and power products. It operates through the Products and Services, and Energy Production segments. The Products and Services segment designs, manufactures, and retails industrial and commercial cogeneration systems. The Energy Production segment sells energy in the form of electricity, heat, hot water, and cooling to customers under long-term sales agreements. The company was founded by George N. Hatsopoulos and John N. Hatsopoulos in 1987 and is headquartered in Waltham, MA.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q2 2020

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Tecogen, Inc. engages in the production of commercial and industrial, natural-gas-fueled engine-driven, and combined heat and power (CHP) products. It operates through the Products, Services, and Energy Production segments. The Products segment designs, manufactures, and retails industrial and commercial cogeneration systems. The Services segment installs and maintains the cogeneration systems. The Energy Production segment sells energy in the form of electricity, heat, hot water, and cooling to customers under long-term sales agreements. The company was founded by George N. Hatsopoulos and John N. Hatsopoulos in 1987 and is headquartered in Waltham, MA.

BILLERICA, MA / ACCESSWIRE / December 10, 2024 / Tecogen Inc. (OTCQX:TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce orders for eight 75KW Tecopower cogeneration systems for multiple buildings and customers in the Northeast. These orders were generated through Tecogen's project developer relationships.

Tecogen Receives Orders for 8 Tecopower Cogeneration Systems

BILLERICA, MA / ACCESSWIRE / November 25, 2024 / Tecogen Inc. (OTCQX:TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce orders for twelve cogeneration systems for multiple buildings in the Northeast. These orders were generated through Tecogen's project developer relationships.

Tecogen Receives Orders for 12 Cogeneration Systems

BILLERICA, MA / ACCESSWIRE / November 25, 2024 / Tecogen Inc. (OTCQX:TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce orders for seven 400-ton DTX chillers for the iconic Las Vegas Convention Center. These chillers are part of a project to modernize the convention center's Central Cooling Plant with newer, more efficient chillers, pumps, and other equipment.

Tecogen Receives Orders for 7 DTX Chillers for Las Vegas Convention Center

Tecogen Inc. (OTC:TGEN) Q3 2024 Results Conference Call November 14, 2024 9:30 AM ET Company Participants Jack Whiting - General Counsel, Secretary Abinand Rangesh - CEO Roger Deschenes - Chief Accounting Officer & Treasurer Conference Call Participants Alexander Blanton - Clear Harbor Asset Management Joe Vidich - Manalapan Oracle Advisors Operator Greetings, and welcome to Tecogen Third Quarter 2024 Conference Call. [Operator Instructions].

Tecogen Inc. (TGEN) Q3 2024 Earnings Call Transcript

NORTH BILLERICA, MA / ACCESSWIRE / November 13, 2024 / Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $5.63 million and net loss of $0.93 million for the quarter ended September 30, 2024 compared to revenues of $7.11 million, and a net loss of $0.48 million in 2023. We used $117 thousand in cash from operations and $839 thousand in property plant and equipment during the nine months ended September 30, 2024.

Tecogen Announces Third Quarter 2024 Results

BILLERICA, MA / ACCESSWIRE / October 25, 2024 / Tecogen Inc. (OTCQX:TGEN) will release Q3 2024 financial results on Thursday, November 14th. The earnings press release and supplemental earnings call slides will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results.

Tecogen Schedules Earnings Release and Conference Call for Q3 2024 Results

Tecogen, Inc. (OTC:TGEN) Q2 2024 Earnings Conference Call August 8, 2024 9:30 AM ET Company Participants Jack Whiting - General Counsel, Secretary Abinand Rangesh - CEO Roger Deschenes - Chief Accounting Officer & Treasurer Conference Call Participants Alexander Blanton - Clear Harbor Asset Management Operator Thank you for standing by, and welcome to the Tecogen Second Quarter 2024 Conference Call. [Operator Instructions].

Tecogen, Inc. (TGEN) Q2 2024 Earnings Call Transcript

NORTH BILLERICA, MA / ACCESSWIRE / August 7, 2024 / Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $4.7 million and net loss of $1.5 million for the quarter ended June 30, 2024 compared to revenues of $6.7 million, and a net loss of $0.8 million in 2023. We generated $0.1 million in cash from operations during the six months ended June 30, 2024 and our cash balance was $0.8 million at June 30, 2024.

Tecogen Announces Second Quarter 2024 Results

WALTHAM, MA / ACESSWIRE / July 24, 2024 / Tecogen Inc. (OTCQX:TGEN) will release Q2 2024 financial results on Thursday, August 8th. The earnings press release and supplemental earnings call slides will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results.

Tecogen Schedules Earnings Release and Conference Call for Q2 2024 Results

Tecogen Inc. (OTC:TGEN) Q1 2024 Earnings Conference Call May 9, 2024 9:30 AM ET Company Participants Jack Whiting - General Counsel and Secretary Abinand Rangesh - Chief Executive Officer and Director Roger Deschenes - Chief Accounting Officer and Treasurer Conference Call Participants Alex Blanton - Clear Harbor Asset Management, LLC Operator Good morning, ladies and gentlemen, and welcome to the First Quarter 2024 Tecogen Investor Update Call. Our host for today's call is Jack Whiting, General Counsel and Secretary.

Tecogen Inc. (TGEN) Q1 2024 Earnings Call Transcript

Revenues of $6.2 million - 15% QoQ increase NORTH BILLERICA, MA / ACCESSWIRE / May 8, 2024 / Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.2 million and net loss of $1.1 million for the quarter ended March 31, 2024 compared to revenues of $5.4 million, and a net loss of $1.5 million in 2023. We generated $0.2 million in cash from operations during the quarter and ended the quarter with a cash balance of $1.5 million.

Tecogen Announces First Quarter 2024 Results

WALTHAM, MA / ACCESSWIRE / May 7, 2024 / Tecogen Inc. (OTCQX:TGEN) acquires service agreements for 31 additional cogeneration units bringing the total to 83 this year. In February, Tecogen acquired service agreements for 52 cogeneration units; 16 operating presently, and 36 coming online later this year.

Tecogen Acquires Additional Service Contracts

WALTHAM, MA / ACCESSWIRE / April 22, 2024 / Tecogen Inc. (OTCQX:TGEN) will release Q1 2024 financial results on Thursday, May 9th. The earnings press release and supplemental earnings call slides will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results.

Tecogen Schedules Earnings Release and Conference Call for Q1 2024 Results

Tecogen Inc. (TGEN) Q4 2023 Earnings Call Transcript

Q4 2023 Revenue of $5.9 Million, an Increase of 30.2% QoQ         WALTHAM, MA, March 13, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $5.9 million and a net loss of $1.8 million for the quarter ended December 31, 2023 compared to revenues of $4.5 million, and a net loss of $1.4 million in 2022. The increase in net loss was primarily driven by an increase in bad debt reserves for installation projects from 2017 an increase in reserves for obsolete inventory.

Tecogen Announces Fourth Quarter 2023 Results

WALTHAM, MA, March 12, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce an order for 12 Tecopower Cogeneration units from an existing project developer customer. The units will be used for multiple smaller projects to be installed later this year.

Tecogen Announces Order for 12 Cogeneration Units

WALTHAM, MA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –  Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce an order for 3 Hybrid Air-Cooled Chillers and 3 InVerde units for a utility customer in Florida. The chillers and InVerdes will be serviced by our Florida service center.

Tecogen Announces Order for 3 Hybrid Air-Cooled Chillers and 3 InVerdes from Customer in Florida

WALTHAM, MA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN) will release FY 2023 financial results on Thursday, March 14, 2024. The earnings press release and supplemental earnings call slides will be available on the Company's website at  www.Tecogen.com  in the "Investor Relations" section under "Financial Results." Members of Tecogen's senior management will hold a conference call and webcast on the same day at 9:30 AM Eastern Time to discuss the Company's financial performance for FY 2023. Senior management will also discuss the company's strategy for FY 2024.

Tecogen Schedules Earnings Release and Conference Call for FY 2023 Results

WALTHAM, MA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –  Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce that Tecogen has been developing and testing machine learning based intelligent control for cogeneration and cooling systems.  The system self-learns from data on our remote monitoring platform CHPInsight® and determines the optimum way to operate a chiller or cogeneration plant based on a building's seasonal load profile.

Tecogen Launches Self-Learning Intelligent Control for Cogeneration Systems

WALTHAM, MA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –  Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce Abinand Rangesh, Tecogen's Chief Executive Officer, will be presenting at the upcoming Sidoti Virtual Micro Cap Virtual Conference on January 17th at 10:45 AM Eastern. Investors and other interested individuals may access the virtual presentation at  this link  or register for the conference here at  Sidoti Virtual Micro Cap Conference Registration

Tecogen to Present at Sidoti Virtual Micro Cap Conference

WALTHAM, MA, Nov. 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –  Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce an order for a 400-ton Tecochill unit from a large educational institution in Connecticut, facilitated by Clover Corp., a long-standing Manufacturers' Representative for Tecogen.

Tecogen Announces Chiller Order From a Large Educational Institution in Connecticut

Tecogen Inc. (OTC:TGEN) Q3 2023 Earnings Conference Call November 9, 2023 9:30 AM ET Company Participants Jack Whiting - General Counsel and Secretary Abinand Rangesh - Chief Executive Officer and Chief Financial Officer Roger Deschenes - Chief Accounting Officer Conference Call Participants Sameer Joshi - H.C. Wainwright Alex Blanton - Clear Harbor Asset Management Operator Greetings, and welcome to Tecogen's Third Quarter 2023 Conference Call.

Tecogen Inc. (TGEN) Q3 2023 Earnings Call Transcript

Q3 2023 Revenue of $7.1  Million, an Increase of 7.5% QoQ         WALTHAM, MA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $7.1 million and a net loss of $0.5 million for the quarter ended September 30, 2023 compared to revenues of $6.6 million, and a net loss of $0.3 million in 2022. For the nine months ended September 30, 2023 revenues were $19.2 million and the net loss was $2.8 million compared to revenues of $20.5 million, and net loss of $1.0 million for the same period in 2022.

Tecogen Announces Third Quarter 2023 Results

WALTHAM, MA, Oct. 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN) will release Q3 2023 financial results on Thursday, November 9th, 2023. Members of Tecogen's senior management will hold a conference call and webcast at 9:30 AM Eastern Time to discuss the Company's financial performance for Q3 2023. The earnings press release and supplemental earnings call slides will be available on the Company's website at  www.Tecogen.com  in the "Investor Relations" section under "Financial Results."

Tecogen Schedules Earnings Release and Conference Call for Q3 2023 Results

WALTHAM, MA, Oct. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN) a leading provider of clean energy products and services, is pleased to announce the signing of a $1.5 million Credit Agreement provided by our directors John Hatsopoulos and Earl Lewis. The line of credit has no fees or interest unless drawn upon and matures 12 months from date of agreement. Interest on the line is at the minimum Federally Applicable Rate and will be paid on maturity. The minimum drawdown on the facility is $500,000.

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