If you hold this H2-international issue in your hands, we will know how FuelCell Energy will continue – whether it will continue: Chapter 11 (US insolvency) or reorganisation. What has happened? Enormous amounts of shares were traded daily by FuelCell Energy – on some days up to 150 million (computer arbitrage programs?). These were felt more than there actually are (reason: Conversion of preference shares). The interim price gain resembled an explosion, as there were even short-term prices of 1.00 US-$, while the price days before was still 0.13 US-$ (all, of course, under the aspect of the 12:1 reverse split).
170 US dollars, a good 30 US dollars lower than I had expected (200 US dollars), marked the lowest price of Tesla’s share in the recent past, before the strong rebound to over 260 US dollars – until the disappointing figures for the second quarter of 2019 started the reverse.
In the middle of the summer break, Federal Economics Minister Peter Altmaier announced what the hydrogen and fuel cell industry has been waiting for for many years: a hydrogen strategy for Germany.
In 1969, exactly 50 years ago, some young visionaries enthusiastic about technology organised the first Electric Vehicle Symposium. Accordingly, the EVS32 was dignifiedly celebrated from 9 to 12 May 2019 in Lyon in the presence of the now elderly but still dynamic founding members.
On 10 June 2019, a hydrogen filling station in Norway caught fire. While several media talked about an explosion, the electrolyzer manufacturer involved, Nel, stated that leaked hydrogen gas caught fire in the open air, causing a shock wave. According to police reports, two people were slightly injured in this incident in Sandvika, west of Oslo, when the airbags of their cars deployed. After initial tests, it was said a few days later that hydrogen had escaped through a leak in the high-pressure storage system and had ignited. However, no tank had burst.
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