Ten years ago, Hydrogeit Verlag printed its first issue of the HZwei magazine – the German counterpart of H2-international. Entitled “H2Tec” in 2000, the Magazine for Hydrogen and Fuel Cells had been published for six years prior under SunMedia before the people responsible for it intended to go their separate ways – because the industry hadn’t advanced as quickly as they had expected. (more…)
Germany’s First Customer Nikolaus W. Schües Reports
What furthered my interest in hydrogen was a presentation in 1989 by Joachim Gretz, the head of the EU’s Joint Research Center in Ispra, Italy, about the then running Quebec project. I had already been interested in the technology many years prior to that event: I can still remember clearly how the board chair of German Shell, Johannes Welbergen, told me during a conversation that H2 was the future for which we still had to wait (more…)
At the beginning of this year, Joi Scientific became the latest newcomer competition in the H2 industry. Shortly after, the company announced that it had successfully completed its first round of funding. “Joi Scientific’s Hydrogen 2.0 technology is a new approach to make hydrogen a practical, clean and cost-competitive energy source. It is no longer just an energy carrier,” CEO Traver Kennedy said. (more…)
The conference call of Canadian-based Ballard Power Systems about the latest figures from the last quarter of 2015 – and consequentially, for all of last year – revealed some very intriguing news, comments and plans for the future. I will refrain from discussing the figures (or losses posted) and interpreting them (how the individual business fields developed). Instead, I will focus on the excellent outlook (more…)
The losses of the US-based company increased during the last quarter of 2015 to USD 320 million. Over the entire year, they added up to around USD 980 million. Whether you choose GAAP (the default rulebook) or the visually more enticing non-GAAP accounting standards (with the latter, the result per share seems to improve “cosmetically”) is not the main question. The larger issue is whether the trend points to a balanced result or even a profit. That was now the plan for 2016, as CEO Elon Musk announced. (more…)
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