TGEN News & Events

Tecogen announced: Growing Order Flow: Received purchase orders of $3.3M including for the demonstration project. Additional POs are expected in July with product backlog expected to exceed $8M. Successful Data Center Developer and Partner Demonstrations: Hosted four in-person visits and two virtual demonstrations. Further visits are scheduled in July. The data center developers are of different sizes but collectively represent more than 1GW of installed capacity. Seeing firsthand how a data center can use our chiller to unlock profits using dynamic fuel switching or operate through a power outage without losing cooling has strengthened customer interest and accelerated deployment discussions. Addition to the Russell Microcap Index: Tecogen was added to the Russell Microcap Index as part of the 2026 Russell U.S. Indexes reconstitution, enhancing institutional visibility.

Reports Q1 revenue $6.34M, consensus $4.98M. Abinand Rangesh, CEO of Tecogen, commented, "We delivered strong progress over the last two months, highlighted by an imminent purchase order from Vertiv for a real-world operating deployment of a 1 MW chiller system. This represents an important step that deepens our partnership and validates growing demand for our technology. The chillers will be permanently deployed at one of Vertiv's facilities where it solves power constraints. The installation will allow prospective customers to observe the system in use and support broader customer adoption discussions. Building on this momentum, we are actively advancing multiple data center opportunities. As part of this process, we are hosting prospective customers at our factory in the coming weeks for detailed, in-person reviews of our technology and system performance. Engagements that reach this stage of on-site customer evaluation typically represent later phases of due diligence prior to purchasing decisions."