reports
Tecogen Announces Fourth Quarter 2023 Results
Tecogen Announces Fourth Quarter 2023 Results Q4 2023 Revenue of $5.9 Million, an Increase of 30.2% QoQ WALTHAM, MA, March 13, 2024 (GLOBE NEWSWIRE) -- via –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 Order for 12 Cogeneration Units
Tecogen Announces Order for 12 Cogeneration Units WALTHAM, MA, March 12, 2024 (GLOBE NEWSWIRE) -- via – (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. “We are pleased that this project developer chose Tecogen again for their cogeneration needs,” commented Abinand Rangesh, Tecogen’s CEO. “Our Tecopower 75KW cogenerat...
Tecogen Announces Order for 3 Hybrid Air-Cooled Chillers and 3 InVerde...
Tecogen Announces Order for 3 Hybrid Air-Cooled Chillers and 3 InVerdes from Customer in Florida WALTHAM, MA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via – (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. “Florida is a perfect market for gas cooling due to the need for cooling and humidity control all year,” noted Steve Lafaille...
Tecogen Schedules Earnings Release and Conference Call for FY 2023 Res...
Tecogen Schedules Earnings Release and Conference Call for FY 2023 Results WALTHAM, MA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via – 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 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...
Tecogen Launches Self-Learning Intelligent Control for Cogeneration Sy...
Tecogen Launches Self-Learning Intelligent Control for Cogeneration Systems WALTHAM, MA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- via – (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 profi...
Tecogen to Present at Sidoti Virtual Micro Cap Conference
Tecogen to Present at Sidoti Virtual Micro Cap Conference WALTHAM, MA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- via – (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 or register for the conference here at One-on-One Meetings Tecogen will also be...
Tecogen Announces Chiller Order From a Large Educational Institution i...
Tecogen Announces Chiller Order From a Large Educational Institution in Connecticut WALTHAM, MA, Nov. 29, 2023 (GLOBE NEWSWIRE) -- via – (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. “Connecticut has some of the highest electric rates in the Northeast due to grid congestion in the area, and the Tecochill syste...
Tecogen Announces Third Quarter 2023 Results
Tecogen Announces Third Quarter 2023 Results Q3 2023 Revenue of $7.1 Million, an Increase of 7.5% QoQ WALTHAM, MA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via - 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 ...
Tecogen Schedules Earnings Release and Conference Call for Q3 2023 Res...
Tecogen Schedules Earnings Release and Conference Call for Q3 2023 Results WALTHAM, MA, Oct. 23, 2023 (GLOBE NEWSWIRE) -- via – 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 in the "Investor Relations" section under "Financial Results." The conference call will...
Tecogen Announces Obtaining $1.5m Credit Facility
Tecogen Announces Obtaining $1.5m Credit Facility WALTHAM, MA, Oct. 10, 2023 (GLOBE NEWSWIRE) -- via – 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. The board has also au...
Tecogen Appoints Ms. Susan Hirsch to Board of Directors
Tecogen Appoints Ms. Susan Hirsch to Board of Directors WALTHAM, MA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- via – (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce the appointment of Ms. Susan Hirsch to the Board of Directors. Ms. Hirsch was formerly Managing Director and Portfolio Manager for the TIAA Large Cap Growth Fund. Over the 15 years that she managed the fund, the assets under management grew to more than $20bn. She is presently on the board of Agenus, a publicly traded biotechnology compa...
Tecogen Announces Second Quarter 2023 Results
Tecogen Announces Second Quarter 2023 Results Q2 2023 Revenue of $6.7 Million, an Increase of 5.2% QoQ WALTHAM, MA, Aug. 09, 2023 (GLOBE NEWSWIRE) -- via – Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.7 million and a net loss of $0.8 million for the quarter ended June 30, 2023 compared to revenues of $6.4 million, and a net loss of $0.9 million in 2022. For the six months ended June 30, 2023 revenues were $12.1 million and the net loss was $2.3 million compared to revenues of $13.9 million, and net loss of $0.8 million f...
Tecogen Announces Order for Chillers and Cogeneration Equipment Throug...
Tecogen Announces Order for Chillers and Cogeneration Equipment Through New Sales Relationship with Accelerated Growth Solutions WALTHAM, MA, Aug. 01, 2023 (GLOBE NEWSWIRE) -- via – Tecogen Inc. (OTCQX: TGEN) a leading provider of clean energy products and services, is pleased to announce the sale of 600 tons of Tecochill and 500KW of Cogeneration equipment for a CEA application in collaboration with Accelerated Growth Solutions (AGS). AGS has expertise in providing HVAC and cogeneration design solutions for many cannabis facilities. "We are thrilled to partner with Tecogen and inc...
Tecogen Schedules Earnings Release and Conference Call for Q2 2023 Res...
Tecogen Schedules Earnings Release and Conference Call for Q2 2023 Results WALTHAM, MA, July 19, 2023 (GLOBE NEWSWIRE) -- via - Tecogen Inc. (OTCQX: TGEN) will release Q2 2023 financial results on Thursday, August 10th, 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 Q2 2023. The earnings press release and supplemental earnings call slides will be available on the Company's website at in the "Investor Relations" section under "Financial Results." The conference call will ...
Tecogen Announces Multiple Chiller Orders for Existing Customers in CT
Tecogen Announces Multiple Chiller Orders for Existing Customers in CT WALTHAM, MA, July 18, 2023 (GLOBE NEWSWIRE) -- via – Tecogen Inc. (OTCQX: TGEN) a leading provider of clean energy products and services, is pleased to announce the sale of 550 tons of STx chillers to two existing customers in Connecticut whose existing Tecogen chillers have been in operation for many years and are being replaced with newer more efficient chillers. Both customers have a significant need for domestic hot water and will continue putting the free recovered engine waste heat to good use. These sales ...
Tecogen Announces Order for Chillers Through New Sales Relationship Wi...
Tecogen Announces Order for Chillers Through New Sales Relationship With BioTherm WALTHAM, MA, July 12, 2023 (GLOBE NEWSWIRE) -- via – Tecogen Inc. (OTCQX: TGEN), a leading provider of clean energy products and services, is pleased to announce the sale of 700 tons of Tecochill for a CEA application in collaboration with BioTherm. BioTherm’s expertise in providing climate control solutions for CEA facilities, strong industry connections, and dedication to customer satisfaction make them an ideal partner in expanding Tecogen’s market reach in the CEA space. "We are thrilled to part...
Tecogen Announces Sale of Chillers to Historic Newark Penn Station
Tecogen Announces Sale of Chillers to Historic Newark Penn Station WALTHAM, MA, May 18, 2023 (GLOBE NEWSWIRE) -- via – Tecogen Inc. (OTCQX: TGEN) a leading provider of clean energy products and services, is pleased to announce the sale of two STx Chillers to NJ Transit for its historic Newark Penn Station. These chillers will replace the existing Tecogen chillers that have reliably served NJ Transit for over 25 years making the decision to upgrade an easy one. The new chillers will continue to be serviced by our Piscataway NJ service center. The sale of the STx Chillers to NJ Transit was...
Tecogen Schedules Earnings Release and Conference Call for Q1 2023 Res...
Tecogen Schedules Earnings Release and Conference Call for Q1 2023 Results WALTHAM, MA, April 18, 2023 (GLOBE NEWSWIRE) -- via Tecogen Inc. (OTCQX: TGEN) will release Q1 2023 financial results on Thursday, May 11th, 2023. The earnings press release and supplemental earnings call slides will be available on the Company's website at 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 Q1 2023. The conferenc...
Tecogen Receives Order for Three Chillers Providing 1200 Tons of Cooli...
Tecogen Receives Order for Three Chillers Providing 1200 Tons of Cooling and Dehumidification for Indoor Agriculture Facility in Georgia WALTHAM, MA, March 23, 2023 (GLOBE NEWSWIRE) -- via (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 three DTX Tecochill chillers providing 1200 tons of cooling to a repeat customer in the indoor agriculture space for the cultivation of leafy greens at a facility in Georgia. We also expect to enter into a long-term service agreement to maintain...
Tecogen Acquires Service Contracts for 202 Cogeneration Units From Aeg...
Tecogen Acquires Service Contracts for 202 Cogeneration Units From Aegis Energy Services, LLC WALTHAM, MA, March 20, 2023 (GLOBE NEWSWIRE) -- via -- (OTCQX: TGEN), a clean-energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce that it has assumed service contracts from Aegis Energy Services, LLC (“Aegis”), a subsidiary of Dalkia Energy US, LLC, part of the EDF Group, (“Dalkia”) for 202 cogeneration systems, and expects to assume additional service contracts later in the year. The equipment will be serviced by Tecogen’s ex...
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