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Financial Support for Efficient Heating Systems

Financial Support for Efficient Heating Systems

asue

Heating costs per year, © ASUE

Around 40% of the final energy in Germany is consumed by the building sector. About 85% of it is used for heating and hot water preparation. However, many heating boilers both in the private and public sector are outdated. Installing an efficient fuel cell heating system could save a great deal of energy and reduce CO2 emissions. (more…)

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Heliocentris Files for Bankruptcy

Heliocentris Files for Bankruptcy

heliocentrisAs expected, German Heliocentris Energy Solutions filed for bankruptcy at the beginning of October 2016. After there had been a delay of several days before the required quarterly figures were finally published, an ad hoc notification was sent out on Oct. 11, 2016, saying that the management board of the Berlin-based fuel cell manufacturer would open bankruptcy proceedings before the Berlin-Charlottenburg municipal court for all group companies headquartered in Germany. (more…)

Heliocentris – Profile of a Listed Fuel Cell Company

Heliocentris – Profile of a Listed Fuel Cell Company

ayad-abul-ella

Ayad Abul-Ella, © S. Roth, Heliocentris

Heliocentris was founded in 1995 as a supplier of teaching materials. After a successful takeover bid for P21 in 2011, the company headquartered in Berlin, Germany, diversified its business activities and has since expanded its product portfolio to include hybrid power solutions for energy management, particularly for customers in the telecommunications sector. The expressed aim of the business – “Substitute diesel units by fuel cells” – has remained and has likewise sparked much investment in electrolysis systems. (more…)

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Tesla: Nothing More Than Visions?

Tesla: Nothing More Than Visions?

elon-musk

Elon Musk, © Tesla

With great fanfare, Tesla head Elon Musk announced what he had devised as a second masterplan. The corporation is not only to produce batteries for its Powerpack and Powerwall, but should also supply the added solar modules (takeover of sister company SolarCity is in progress). The new plan additionally includes aims to design several other electric cars – from trucks and smaller transport vehicles to buses. (more…)

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FuelCell Energy: Decision on Beacon Falls

FuelCell Energy: Decision on Beacon Falls

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Power plant in Riverside, © FuelCell Energy

The final decision on which company will be awarded the contract for the 63 MW Beacon Falls project should have already been made by the end of July 2016, but has since been moved to Sept. 5 and then to Oct. 26. The delays seem to be the result of additional bids that include wind and solar energy. In my opinion, the fuel cell plant offers significant benefits (more…)

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