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Wilhelm moves to the DVGW

Wilhelm moves to the DVGW

Portrait Tilman Wilhelm

© DVGW

Since April 2022, the former head of communications at the German national organization for hydrogen and fuel cells (Nationale Organisation Wasserstoff- und Brennstoffzellentechnologie GmbH, NOW) has been working at the German association for gas and water standards (Deutscher Verein des Gas- und Wasserfaches e.V., DVGW). Tilman Wilhelm, who had been responsible for the public image of NOW since 2008, henceforth works as head of regulatory policy, press and public relations at the trade association. Dr. Gerald Linke, managing director of the DVGW, said, “With Tilman Wilhelm, a proven hydrogen and mobility expert with excellent political connections in Berlin and on the EU level is taking over responsibility for communications at the DVGW.” (more…)

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Hydrogen poster competition

Hydrogen poster competition

HydKPW Plakatrogen is now also making its presence felt in cultural quarters thanks to two associations based in Hamburg, Germany: The hydrogen society Wasserstoff-Gesellschaft Hamburg has organized a hydrogen-themed poster competition in partnership with the Kulturaustausch Hamburg-Übersee, an arts charity with its own gallery and publishing house. The 19th edition of the poster contest, which always has a contemporary theme, had previously been delayed by the pandemic. As a result, the exhibition opened on Oct. 30, 2021, and the award ceremony finally took place at the end of February 2022. (more…)

The hydrogen train is rapidly picking up speed

The hydrogen train is rapidly picking up speed

Graph Jan 2022, © www.wallstreet-online.de

Share price development of the companies discussed, © www.wallstreet-online.de

At the stock exchange, you may get the feeling that all companies dealing in fuel cells and hydrogen technologically and as a business model are one group moving in parallel, as expressed in the trend of their stock prices. However, this is far too undifferentiating, because the companies rely on completely different business strategies. One builds filling stations for hydrogen and produces electrolyzers (e.g. Nel, ITM, Plug Power, Bloom), while another produces fuel cell stacks and modules (e.g. Ballard Power, PowerCell, Cummins, Weichai Power). (more…)

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Ballard Power – Think outside the box!

Ballard Power – Think outside the box!

Portrait Gautam Adani, © Adani

Gautam Adani, © Adani

The company is about to enter a phase of exponential, long-term growth, is my interpretation of the earnings call on March 14, 2022 regarding the 2021 annual figures and the fourth quarter. Year 2023 should really start off with Ballard reaping the fruits of years of intensive research and development, various pilot projects and building up production capacities. The Canadian company is working on scaling production capacity in the target markets bus, truck, rail and ship. But that doesn’t happen overnight.  (more…)

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FuelCell Energy – Legal dispute with Posco mutually ended

FuelCell Energy – Legal dispute with Posco mutually ended

Finally: FuelCell Energy has agreed and settled with South Korean company Posco. FuelCell is now independent from Posco again and can pursue other opportunities in Asia. The company figures of FuelCell Energy are not yet very convincing, given the last quarterly results: a measly 14 million USD turnover. Although there are pending orders of 1.29 billion USD in the books, so far seemingly few new orders are coming in. The cooperation with ExxonMobil was extended once again, but with no new conditions to report.  (more…)

Plug Power – In the profit zone with H2 production

Plug Power – In the profit zone with H2 production

Project manager Robert Zalinski presented Plugs products at the new Duisburg site

The plans are huge: three sites are to start production already this year. The first target for the current fiscal year is 70 tonnes of hydrogen per day. This should enable a profit margin of 30 percent. Of this, 40 to 50 tonnes per day are needed for existing activities and 20 to 30 t/day will be brought to market as a tradable commodity, is my expectation.  (more…)

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