{"id":493091,"date":"2021-05-13T09:03:25","date_gmt":"2021-05-13T13:03:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/"},"modified":"2021-05-13T09:03:25","modified_gmt":"2021-05-13T13:03:25","slug":"tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/","title":{"rendered":"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies"},"content":{"rendered":"<div class=\"mw_release\">\n<p>WALTHAM, Mass., May  13, 2021  (GLOBE NEWSWIRE) &#8212; via <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=52U8-goZvdnu5O0nR9yZRBgX7iM-LH8qrVPcfD2mV-NL-kz0oItuUsmXyKuRKzjBFA8dcQqmLNFbNUmigeWFK6qC9PUw_nNd94ZfLs_4IvI=\" rel=\"nofollow noopener\" target=\"_blank\"><u>NewMediaWire<\/u><\/a> &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nD7NW1wiXbB1OMqZVnvoV6RkVRgPPl1h1LT4ICIxVel8cl1NHQjTW1ja59pDwx677TUCsEBiHEXJkvFq17MmOw==\" rel=\"nofollow noopener\" target=\"_blank\">Tecogen Inc.<\/a>\u00a0(OTCQX: TGEN), a leading manufacturer of clean energy products, is pleased to announce the release of a letter to shareholders that highlights Tecogen\u2019s vision for growth that supports our goal of profitable operations in 2021.<\/p>\n<p>The strategies identified in the shareholder letter include:<\/p>\n<p align=\"start\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Further development of the company\u2019s network of manufacturers\u2019 representatives;<\/p>\n<p align=\"start\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Commencement of maintenance services for the fleet of 26 cogeneration units sold to a housing development in Ontario, Canada in 2020;<\/p>\n<p align=\"start\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Expansion of the market for the company\u2019s Tecofrost\u00ae industrial refrigeration products;<\/p>\n<p align=\"start\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Introduction of Tecopack<sup>TM<\/sup> drop-in cogeneration systems with all utility connections contained in a single package;<\/p>\n<p align=\"start\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development of air-cooled Tecochill\u00ae chillers for facilities with cooling loads less than 500 tons; and \u00a0\u00a0<\/p>\n<p align=\"start\">\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development of markets for the company\u2019s Ultera\u00ae emissions reduction technology for both stationary and mobile markets.<\/p>\n<p>We encourage investors to read the letter to shareholders posted on the company\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0F3eCl30CP2Zicnh0ZZolcTJRum4siARMmDxIw-85BmbQUoOW2zn0kcMTQx0AxaF5nfS7Jc5yHTG8NNEgv5JDg==\" rel=\"nofollow noopener\" target=\"_blank\">www.Tecogen.com<\/a>\u00a0in the \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2O83IDl9o93ukaMtDF3fUvMQ1-DiAb7YT55Zhu-oelIA6CJvwXTRWOBqDz0ebN1_yDg-QGa1qHeg6SHsUWCIkvDx3wUtULUhsK_39uNnxooI9WSJFVBmLaachoatdBtt\" rel=\"nofollow noopener\" target=\"_blank\">News &amp; Events<\/a>\u201d section.<\/p>\n<p>\n        <b>About Tecogen<\/b>\n      <\/p>\n<p align=\"start\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nD7NW1wiXbB1OMqZVnvoV77M5br5bPFu0xLVtk6zyeBS9vvH4e8q0tOAmmQuFmbYIal1bbw45TNSJGPpKLiPGQ==\" rel=\"nofollow noopener\" target=\"_blank\">Tecogen Inc.<\/a>\u00a0designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational, and industrial use. The company provides cost efficient, environmentally friendly, and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer\u2019s carbon footprint.<\/p>\n<p align=\"start\">In business for over 35 years, Tecogen has shipped more than 3,000 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gZggP56lswoxJjvZXtCjZ7DH9C-jgA1IDEiEQOZsqcpegnP1UBSa71CyGuYvvhlSfEH5cbq23Gt5z_ZRtT698w==\" rel=\"nofollow noopener\" target=\"_blank\">www.tecogen.com<\/a>\u00a0or contact us for a free\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ry6G_JnycSUuDiuNlD9gE4lad-j5yr_QddxLtgQol-PnL2jHm2d8Je_MPPOxk6r8iQN_UBh99PKh5kE5n1VmK8m8e8rhuUz4MBeVrcNlRT2bx8fi2ETySfsowIuRF6Su\" rel=\"nofollow noopener\" target=\"_blank\">Site Assessment<\/a>.<\/p>\n<p align=\"start\">Tecogen, InVerde e+, Ilios, Tecochill, Tecofrost, Tecopower and Ultera are registered trademarks of Tecogen Inc.<\/p>\n<p align=\"start\">\n        <b>Tecogen Media &amp; Investor Relations Contact Information:<\/b>\n      <\/p>\n<p align=\"start\">Benjamin Locke<\/p>\n<p align=\"start\">P: (781) 466-6402<\/p>\n<p align=\"start\">E: Benjamin.Locke@tecogen.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzNTYxMSM0MTgxNzg3IzUwMDA3MzA5OA==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c04f22a6-744f-4a9d-a4e3-40f53b522c23\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WALTHAM, Mass., May 13, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; Tecogen Inc.\u00a0(OTCQX: TGEN), a leading manufacturer of clean energy products, is pleased to announce the release of a letter to shareholders that highlights Tecogen\u2019s vision for growth that supports our goal of profitable operations in 2021. The strategies identified in the shareholder letter include: \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Further development of the company\u2019s network of manufacturers\u2019 representatives; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Commencement of maintenance services for the fleet of 26 cogeneration units sold to a housing development in Ontario, Canada in 2020; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Expansion of the market for the company\u2019s Tecofrost\u00ae industrial refrigeration products; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Introduction of TecopackTM drop-in cogeneration systems with all utility connections contained in a single package; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development of air-cooled Tecochill\u00ae &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-493091","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WALTHAM, Mass., May 13, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; Tecogen Inc.\u00a0(OTCQX: TGEN), a leading manufacturer of clean energy products, is pleased to announce the release of a letter to shareholders that highlights Tecogen\u2019s vision for growth that supports our goal of profitable operations in 2021. The strategies identified in the shareholder letter include: \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Further development of the company\u2019s network of manufacturers\u2019 representatives; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Commencement of maintenance services for the fleet of 26 cogeneration units sold to a housing development in Ontario, Canada in 2020; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Expansion of the market for the company\u2019s Tecofrost\u00ae industrial refrigeration products; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Introduction of TecopackTM drop-in cogeneration systems with all utility connections contained in a single package; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development of air-cooled Tecochill\u00ae &hellip; Continue reading &quot;Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-13T13:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzNTYxMSM0MTgxNzg3IzUwMDA3MzA5OA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies\",\"datePublished\":\"2021-05-13T13:03:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\\\/\"},\"wordCount\":312,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIzNTYxMSM0MTgxNzg3IzUwMDA3MzA5OA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\\\/\",\"name\":\"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies - 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The strategies identified in the shareholder letter include: \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Further development of the company\u2019s network of manufacturers\u2019 representatives; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Commencement of maintenance services for the fleet of 26 cogeneration units sold to a housing development in Ontario, Canada in 2020; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Expansion of the market for the company\u2019s Tecofrost\u00ae industrial refrigeration products; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Introduction of TecopackTM drop-in cogeneration systems with all utility connections contained in a single package; \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development of air-cooled Tecochill\u00ae &hellip; Continue reading \"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-13T13:03:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzNTYxMSM0MTgxNzg3IzUwMDA3MzA5OA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies","datePublished":"2021-05-13T13:03:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/"},"wordCount":312,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzNTYxMSM0MTgxNzg3IzUwMDA3MzA5OA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/tecogen-releases-letter-to-shareholders-regarding-growth-and-profitability-strategies\/","name":"Tecogen Releases Letter to Shareholders Regarding Growth and Profitability Strategies - 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