STOCK TITAN

MIDWEST ENERGY EMISSION - MEEC STOCK NEWS

Welcome to our dedicated page for MIDWEST ENERGY EMISSION news (Ticker: MEEC), a resource for investors and traders seeking the latest updates and insights on MIDWEST ENERGY EMISSION stock.

Midwest Energy Emissions Corp. provides patented, cost-effective mercury capture solutions to coal-fired power plants and industrial coal-burning units. The company's innovative technology allows compliance with strict mercury emission regulations without disrupting current operations, preserving the ability to recycle fly-ash for beneficial use. With a focus on continuous innovation, the company aims to deliver cutting-edge, cost-effective solutions for mercury emission control globally.

The latest news includes a significant debt repayment, the facilitation of stock sales, the introduction of new sorbent technologies, the commercialization of WE2C Environmental in 2025, and strong financial results for Q1 2024.

Rhea-AI Summary

Midwest Energy Emissions Corp. (OTCQB: MEEC) announced a two-year contract extension with a major coal-fired utility in the Midwest, valued at over $1 million per year. This extension includes a license for the company’s patented SEA® technologies and a supply of custom sorbents. President Richard MacPherson emphasized the importance of long-term relationships and the potential for growth in new technologies. This contract supports their recurring revenue base and highlights MEEC's role in reducing mercury emissions and enhancing operational efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.5%
Tags
none
-
Rhea-AI Summary

Midwest Energy Emissions Corp. (MEEC) announced its collaboration in creating Eleclear Technologies, LLC, aiming for advancements in water and soil remediation. The company is set to invest $1.2 million in a 70/30 funding arrangement with Dr. Scott A. Drummond. MEEC will guide technical and research directions for the emerging technologies, transitioning to pilot-scale testing soon. CEO Richard MacPherson emphasized the significance of this collaboration in addressing U.S. environmental challenges through innovative and cost-effective solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
none
-
Rhea-AI Summary

Midwest Energy Emissions Corp. (OTCQB: MEEC) has announced a two-year extension of its master supply agreement with a major coal-fired utility in Oklahoma, which has been a customer for five years. This contract includes continued licensing of the patented SEA® technologies and supply of custom sorbents. CEO Richard MacPherson emphasized the operational benefits and support provided to the customer's plant, reinforcing MEEC's recurring revenue model. The agreement presents growth opportunities in the power industry, demonstrating MEEC's commitment to enhancing operational efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
none
Rhea-AI Summary

Midwest Energy Emissions Corp. (MEEC) announced its 2021 Annual Meeting of Stockholders will take place around May 19, 2021. This follows a missed meeting in 2020, prompting stockholders to submit proposals for inclusion in the proxy materials before April 9, 2021. Proposals must adhere to SEC regulations and the company's bylaws. MEEC specializes in environmental technologies, particularly in the power industry, offering cost-effective emissions removal solutions while maintaining power plant productivity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.93%
Tags
none
-
Rhea-AI Summary

Midwest Energy Emissions Corp. (OTCQB: MEEC), a leader in environmental technologies, will participate in the 33rd Annual ROTH Conference from March 15-17, 2021. The CEO, Richard MacPherson, will hold one-on-one investor meetings during this virtual event, which requires an invitation and registration. MEEC focuses on innovative solutions for the global power industry, ensuring emissions removal at lower costs while improving power plant efficiency. For inquiries or to schedule meetings, attendees should contact their ROTH representative.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.25%
Tags
conferences
-
Rhea-AI Summary

Midwest Energy Emissions Corp. (OTCQB: MEEC) has secured a multi-year supply agreement with a major Southwest U.S. utility to provide its patented Sorbent Enhancement Additive (SEA®) technology for mercury emissions capture. This contract, acquired through a competitive bidding process, is valued at a minimum of $2 million annually. MEEC's CEO emphasized that this win reflects the company’s strong performance and recognition in mercury emissions management. The SEA® technology offers utilities operational support and a license for its use.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
Tags
none
Rhea-AI Summary

Midwest Energy Emissions Corp. (MEEC) announced the conversion of $860,000 in outstanding 2018 Convertible Promissory Notes into common stock, enhancing its balance sheet. The conversion price is set at $0.50 per share. CEO Richard MacPherson expressed optimism about industry momentum and operational improvements. The company aims to uplist in 2021 and is actively developing methane gas emissions reduction technology. Recent licensing agreements for mercury removal technology were also noted, signaling progress in MEEC's strategic initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.86%
Tags
none
-
Rhea-AI Summary

Midwest Energy Emissions Corp. (OTCQB: MEEC) has announced its rebranding to ME2C Environmental to better align with its focus on emissions control technologies. This transition highlights the company's commitment to addressing climate change through innovative solutions, including new methane gas emissions technologies for the oil and gas sector. Existing shareholders will see no changes to the ticker symbol or CUSIP. CEO Richard MacPherson expressed optimism about future developments and partnerships aiming at sustainable practices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.03%
Tags
none
-
Rhea-AI Summary

Midwest Energy Emissions Corp. (MEEC) announced its participation in the virtual Winter Wonderland Conference from February 16-19, 2021. Management, led by CEO Richard MacPherson, will conduct one-on-one meetings and present on February 17 at 9:00 a.m. Eastern time.

The conference, organized by The Microcap Rodeo, features companies recommended by institutional investors. Attendees can access the presentation via a live audio webcast.

MEEC specializes in environmental technologies, offering cost-effective emissions solutions for the power industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.33%
Tags
conferences
Rhea-AI Summary

Midwest Energy Emissions Corp. (OTCQB: MEEC) has announced that approximately 90% of its outstanding principal on 2013 Convertible Promissory Notes, totaling $900,000, will be converted into shares of common stock. This move is aimed at strengthening its balance sheet and enhancing shareholder value, as stated by President Richard MacPherson. The conversion reflects robust support from shareholders and positions the company for future growth in the environmental technologies sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.04%
Tags
none

FAQ

What is the current stock price of MIDWEST ENERGY EMISSION (MEEC)?

The current stock price of MIDWEST ENERGY EMISSION (MEEC) is $0.7243 as of October 15, 2024.

What is the market cap of MIDWEST ENERGY EMISSION (MEEC)?

The market cap of MIDWEST ENERGY EMISSION (MEEC) is approximately 67.9M.

What does Midwest Energy Emissions Corp. specialize in?

Midwest Energy Emissions Corp. specializes in providing patented, cost-effective mercury capture solutions to coal-fired power plants and industrial coal-burning units.

What is the focus of the company's proprietary technology?

The company's proprietary technology allows the global coal-power industry to comply with strict mercury emission regulations without disrupting current operations, preserving the ability to recycle fly-ash for beneficial use.

What is the company's vision?

The company's vision is to deliver cutting-edge, cost-effective solutions for mercury emission control to utility boilers worldwide, with a strong focus on continuous innovation.

What are some of the latest developments at Midwest Energy Emissions Corp.?

The latest developments include significant debt repayment, the facilitation of stock sales, the introduction of new sorbent technologies, the commercialization of WE2C Environmental in 2025, and strong financial results for Q1 2024.

How does the company plan to address PFAS removal from potable water?

The company has introduced WE2C Environmental to address PFAS removal from potable water, leveraging new sorbent technologies currently under development.

MIDWEST ENERGY EMISSION

OTC:MEEC

MEEC Rankings

MEEC Stock Data

67.91M
66.19M
21.49%
9.67%
Pollution & Treatment Controls
Industrials
Link
United States of America
Corsicana