Tecogen (TGEN) Posts Wider Q1 Loss
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May 11, 2016 9:11 AM EDT
WALTHAM, Mass., May 11, 2016 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN), a manufacturer and installer of high efficiency, ultra-clean combined heat and power products including natural gas engine-driven cogeneration, air conditioning systems, and high-efficiency water heaters for industrial and commercial use, reported revenues of $5,075,515 for the quarter ended March 31, 2016 compared to $6,103,434 for the same period in 2015, a decrease of 17%. Recent challenging market conditions carried through into the first quarter from the back half of last year and were not helped by a temporary delay of incentive programs in New Jersey for CHP and... More
May 11, 2016 9:01 AM EDT
WALTHAM, Mass., May 11, 2016 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN) is pleased to announce its joint venture company, Ultra Emissions Technologies Inc. (known as "ULTRATEK"), has completed its first phase of testing of the Ultera emissions reduction system on a gasoline powered light duty vehicle. The results, which will be reported in detail upon full internal evaluation, conclusively proved the Ultera technology to be highly effective in reducing pollutants from the test vehicle. This phase of testing focused on simulated driving cycles... More
