by Hydrogeit | Jan 9, 2019 | Europe, Germany
The conference room was as crowded as ever.
In 18 years of managing the f-cell show, its organizers have seen many trends, and businesses, come and go. Some companies that used to exhibit at the event no longer exist. Some of the speakers at past events have worked for multiple employers in the meantime. And before last year’s decision to move back to Stuttgart’s Haus der Wirtschaft, the show itself took place on the city’s showgrounds. (more…)
by Hydrogeit | Jan 9, 2019 | North America, worldwide
FCgen®-LCS stack, © Ballard
Ballard (Nasdaq: BLDP) had its very own October surprise, which caused the stock to take a nosedive. Though worse than expected, the USD 0.03 net loss per share and revenues of as little as USD 21.6 million weren’t to blame for the slump. Neither was the company’s low cash level of USD 23.2 million, reduced by inventory and AFCC asset purchases, nor the 2018 revenue target (more…)
by Hydrogeit | Jan 9, 2019 | North America, worldwide
Dominion Energy in Bridgeport, © FuelCell Energy
Power purchase agreements are a central part of FuelCell Energy’s new corporate strategy. These agreements allow for long-term community purchases of electricity and energy. Not too long ago, the company concluded several contracts to that effect. One example is a 14.8-megawatt site in Derby, Connecticut. Meanwhile, it has been adding fuel cell power plants to its inventory as well, as it did last November (more…)
by Hydrogeit | Jan 9, 2019 | North America, worldwide
© wallstreet-online.de
Hydrogenics (Nasdaq: HYGS) seems to be facing similar headwinds in China, mostly with regard to funding, bid requests and grant approval. It said the country offered excellent prospects; everything was just moving along a bit more slowly than expected. At the very least, backlog at Hydrogenics added up to USD 132 million, more than half of which originates with Alstom contracts for fuel cell trains. Thirty trains have already been ordered and more are said to follow this year. (more…)
by Hydrogeit | Jan 9, 2019 | North America, worldwide
Carrefour’s Still forklift trucks equipped with Plug Power systems, © Still
Considering the many possible uses of fuel cells, the market for them won’t go up in a straight line. Nor will the large-scale production of cheap renewable hydrogen be a goal that can be accomplished overnight. Still, new hydrogen fueling stations will be added at a steady pace, and it will only be a matter of time until mass-produced fuel cell cars are available for sale. (more…)
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