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New management duo at H-Tec

New management duo at H-Tec

GP-Joule

F. Zimmermann and J. Herrmann, © H-Tec Systems

H-Tec Systems, a German GP Joule subsidiary, has come under new management. In May, Heiner Gärtner and Ove Petersen began to transfer responsibility for day-to-operations to Frank Zimmermann, H-Tec’s chief financial officer, and Joachim Herrmann, while they retained their lead positions at the parent company. (more…)

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Hydrogen and fuel cell industry exudes confidence

Hydrogen and fuel cell industry exudes confidence

podium

Lies, Fuhrmann, Chatzimarkakis and Diwald at the panel discussion

This year, the mood at the shared space Hydrogen + Fuel Cells + Batteries was as buoyant as it hadn’t been in a long time. Nearly all players in the hydrogen and fuel cell market exuded great confidence during Hannover Messe, held April 23 through 27, and spoke passionately about new interesting projects and orders. It was an experience that stood in sharp contrast to the event’s overall numbers, which seemed to be trending slightly downward. (more…)

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Cautious or clueless?

Cautious or clueless?

Diesel

Future carbon dioxide limits for new passenger vehicles (fuel mix)

When you ask auto experts which country has been in the driver’s seat on the global electric vehicle market, they will point you to China. The number of EVs and plug-in hybrids sold in the People’s Republic went from 507,000 in 2016 straight up to 777,000 a year later, according to the Center of Automotive Management. The United States ranked second, with 194,000 vehicles sold (more…)

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Rising oil prices to boost fuel cell market

Rising oil prices to boost fuel cell market

Looking at oil prices these days may have you thinking that the sky’s the limit. However, what’s unfavorable, or even detrimental, to one side can benefit the other. Price hikes will just pump more money into alternative energies and R&D. Specifically, green hydrogen and its use as a source of electric power, heat and cooling energy could, along with carbon capture, see unprecedented growth, especially after it took so long for the world to start waking up to its potential. (more…)

Ballard Power and the all-important year-end

Ballard Power and the all-important year-end

Semi

Randall MacEwen and Hu Chunhua, Guangdong party chief, © Ballard

Canadian manufacturer Ballard (Nasdaq: BLDP) ended the first quarter of 2018 on a total revenue of USD 20.1 million. During the same period a year ago, it generated USD 6.2 million in one-time revenue from technology transfers and engineering support. This amount needs to be taken into account, that is, taken off, if the goal is to paint an accurate picture of year-over-year growth. Still, the company’s gross margin was 33 percent. (more…)

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