by Hydrogeit | Aug 12, 2022 | Germany
On April 15th, 2022, a longtime champion for green hydrogen left us. Dr. Hans Sandlaß had been campaigning for the use of regenerative energies since 1983 in the former East Germany. In 1990, he founded the energy engineering firm IEE Ingenieurbüro Energieeinsparung GmbH and was committed to the use of hydrogen at an early stage. Until the end, he fervently participated in the social and political discussion. Dr. Hans Sandlaß died in Berlin at 90 years of age.
by Hydrogeit | Aug 12, 2022 | Germany
© HIF EMEA
Thorsten Herdan has worked for the German economic ministry for 8 years. Now, he’s moving to HIF Global. The mechanical engineer’s foray into politics lasted until January 2022. Mid-May, the e-fuel development company appointed Herdan the managing director of HIF EMEA. (more…)
by Hydrogeit | Jul 15, 2022 | Germany
Dear Readers!
The discussion about rising energy prices is taking on ever greater dimensions. Now, German economic minister Robert Habeck wants to grant the German competition regulation agency (Bundeskartellamt) new rights. Swift to oppose such alleged unconstitutionality is not only Handelsverband Deutschland (the general association for commerce in Germany). (more…)
by Hydrogeit | Jul 15, 2022 | Germany
© www.wallstreet-online.de
Regardless of the many good news and developments around hydrogen, there must of course also be a critical consideration of the aspects that may, for example, hinder or delay rapid build-up of production capacity. In addition to adverse influences due in part to misunderstood or counterproductive regulatory measures (EU/Germany) are aspects such as the shortage of skilled workers, supply chain problems and financing. (more…)
by Hydrogeit | Jul 15, 2022 | Germany
The shares of Weichai Power could not escape the negative trend in the fuel cell sector. They suffered from the lockdown in China, but now we can see a strong upward trend again. (more…)
by Hydrogeit | Jul 15, 2022 | Germany
FuelCell Energy should actually have generated a quarterly turnover of over 30 million USD in the second quarter, ending April 30th (fiscal year), but it was by then only about 16 million USD with a stated loss in the amount of about 31 million USD, or minus 0.08 USD per share. The management board nevertheless believes that they are on track to achieve a turnover of 300 million USD by 2025, and 1 billion USD by 2030. The order backlog was almost unchanged at about 1.3 billion USD. In the bank lies a formidable 490 million USD, for which a multitude of share placements (64 million new shares) is responsible – in proportion to the stock exchange value of 1.4 billion USD, a healthy basis, even if the question arises as to how these share placements were justified. (more…)
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