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Tecogen Inc - TGEN STOCK NEWS

Welcome to our dedicated news page for Tecogen (Ticker: TGEN), a resource for investors and traders seeking the latest updates and insights on Tecogen.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tecogen's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tecogen's position in the market.

News
Tecogen Schedules Earnings Release and Conference Call for Q1 2024 Results
Rhea-AI Summary
Tecogen Inc. will release its Q1 2024 financial results on May 9th, accompanied by a conference call and webcast to discuss the Company's performance. The earnings release and call details will be accessible on Tecogen's website. Members of senior management will lead the discussion at 9:30 AM Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.52%
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earnings
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Tecogen Announces Fourth Quarter 2023 Results
Rhea-AI Summary
Tecogen Inc. reported Q4 2023 revenue of $5.9 million, a 30.2% increase QoQ, with a net loss of $1.8 million. Adjusted EBITDA loss narrowed to $527 thousand. Revenues for the year were $25.1 million. The company aims to increase recurring cash flow from Energy and Services to cover fixed costs and secure profitable large projects.
Rhea-AI Impact
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End-of-Day
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News
Tecogen Announces Order for 12 Cogeneration Units
Rhea-AI Summary
Tecogen Inc. (TGEN) secures an order for 12 Tecopower Cogeneration units from an existing project developer customer, highlighting the company's commitment to providing ultra-efficient and clean on-site power solutions. The CEO, Abinand Rangesh, emphasizes the energy savings and environmental benefits of cogeneration systems, positioning Tecogen as a leader in decarbonizing heating loads.
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News
Tecogen Announces Order for 3 Hybrid Air-Cooled Chillers and 3 InVerdes from Customer in Florida
Rhea-AI Summary
Tecogen Inc. (TGEN) announces 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 the Florida service center, offering low-cost natural gas cooling and backup power in the event of a power outage. The company's strategy to broaden their cooling offering and expand target geographies is yielding positive results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.39%
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none
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News
Tecogen Schedules Earnings Release and Conference Call for FY 2023 Results
Rhea-AI Summary
Tecogen Inc. (TGEN) will release FY 2023 financial results on March 14, 2024. The earnings press release and supplemental earnings call slides will be available on the Company's website. Senior management will hold a conference call and webcast to discuss the Company's financial performance for FY 2023 and strategy for FY 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.39%
Tags
earnings
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News
Tecogen Launches Self-Learning Intelligent Control for Cogeneration Systems
Rhea-AI Summary
Tecogen Inc. (TGEN) announces the development and testing of machine learning based intelligent control for cogeneration and cooling systems. The system self-learns from data on their remote monitoring platform and determines the optimum way to operate a chiller or cogeneration plant. Testing on customer sites has resulted in reduced energy purchased from the utility and an increase in equipment run hours. This benefits both customers and Tecogen, increasing savings and service revenue. The company expects to implement this in many service sites over the course of the year, allowing them to act as a virtual power plant and participate in utility demand response programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.08%
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none
News
Tecogen to Present at Sidoti Virtual Micro Cap Conference
Rhea-AI Summary
Tecogen Inc. (TGEN) CEO Abinand Rangesh to present at Sidoti Virtual Micro Cap Virtual Conference on January 17th, offering one-on-one virtual meetings with professional investors. Tecogen is a clean energy company providing ultra-efficient on-site power, heating, and cooling equipment.
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Tecogen Announces Chiller Order From a Large Educational Institution in Connecticut
Rhea-AI Summary
Tecogen Inc. (TGEN) announces an order for a 400-ton Tecochill unit from a large educational institution in Connecticut, facilitated by Clover Corp. The Tecochill system offsets a significant amount of electrical demand, leading to energy savings and reliability of gas cooling compared to electric chillers. The chiller will also contribute to a reduction in greenhouse gas (GHG) footprint with the use of heat recovery and updated emissions controls.
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News
Tecogen Announces Third Quarter 2023 Results
Rhea-AI Summary
Tecogen Inc. (OTCQX:TGEN) reported Q3 2023 revenue of $7.1 million, a 7.5% increase QoQ, with a net loss of $0.5 million. Revenues for the nine months ended September 30, 2023 were $19.2 million, a decrease of 6.0% compared to the same period in 2022. Key takeaways include revenue increases in services, a decrease in product revenue, and a net loss increase due to higher operating expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
Tags
earnings
News
Tecogen Schedules Earnings Release and Conference Call for Q3 2023 Results
Rhea-AI Summary
Tecogen Inc. to release Q3 2023 financial results on November 9th, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
earnings
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Tecogen Inc

OTC:TGEN

TGEN Rankings

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TGEN Stock Data

17.39M
12.76M
48.98%
1.29%
0.04%
Steam and Air-Conditioning Supply
Utilities
Link
US
Waltham

About TGEN

tecogen is a leading manufacturer of combined heat and power products including natural gas engine-driven cogeneration, air conditioning systems and high efficiency water heaters for industrial and commercial use. tecogen systems supply electric power, cooling or hot water while thermal energy from the engine is recovered and recycled resulting in reductions in both energy costs and greenhouse gas emissions. tecogen has an installed base of more than 2,000 units supported by an established network of engineering, sales and service personnel across the united states.