by Hydrogeit | Apr 5, 2018 | North America
The United States Congress has restored the 30 percent investment tax credit for fuel cell power generation and forklifts, extending it through 2022, with a reduction in the final two years. The credit would be 26 percent in 2021 and 22 percent in 2022. This brings the fuel cell incentive in line with incentives for other advanced and renewable energy technologies. (more…)
by Hydrogeit | Apr 5, 2018 | Germany, North America
In April 2016, eZelleron, a German startup, filed for bankruptcy protection (see H2-international, August 2016). Now, its former CEO, Sascha Kühn, was charged with violating accounting principles, committing fraud and deepening the company’s insolvency, the Dresdner Neueste Nachrichten newspaper has reported. Kühn left Germany for the United States to head kraftwerk Inc. and eZelleron Inc. based in Silicon Valley. He is alleged to have filed balance sheets too late (more…)
by Hydrogeit | Apr 5, 2018 | Germany
On Feb. 7, 2018, the DWV, also known as the German Hydrogen and Fuel Cell Association, held an extraordinary general meeting in Berlin. During this meeting, it was decided that the group would be joining forces with the BVES, that is, the German Energy Storage Association, and possibly also with the DVGW, the German Technical and Scientific Association for Gas and Water, to create a new company (more…)
by Hydrogeit | Apr 5, 2018 | Germany
Simone Peter, © BEE
The BEE, the German Renewable Energy Federation, has a new president, former Green Party co-chair Simone Peter. After stepping down from her party leadership position in January 2018, she was unanimously elected to head the umbrella organization the following month. She replaced Fritz Brickwedde, who had presided over the BEE since October 2013 and resigned for personal reasons. (more…)
by Hydrogeit | Apr 5, 2018 | North America
Stacks for commercial vehicles, © Ballard
Ballard Power’s stock recently came under pressure for not fulfilling all the expectations of market analysts. The last quarter of 2017 didn’t see a net loss of USD 0.01 but USD 0.02 per share. The net loss for the whole of last year was as much as USD 0.05, although on a non-adjusted basis. It means that despite a considerable leap toward breakeven in 2017 (more…)
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