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Growth and strengthening

Growth and strengthening

A. Steinau, J. Starr, S. Beck (from left to right)
A. Steinau, J. Starr, S. Beck (from left to right), © CEP

At the annual meeting of the Clean Energy Partnership (CEP) at the end of 2019, a new management trio came together. Jörg Starr of Audi, who was recently elected Chairman of the Board, was joined by two Co-Chairs: Stefanie Beck from Toyota and André Steinau from GP Joule.

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Linde joins ITM

Linde joins ITM

In October 2019, gas manufacturer Linde acquired a stake in British electrolyser manufacturer ITM Power. Linde AG acquired a total of 95 million new ITM shares for EUR 45 million. The former German industrial group, which relocated its headquarters to Guildford in the UK after the merger with Praxair, now owns 20 percent of the Sheffield-based plant engineering company. In addition to this participation, there will soon also be a 50-50 joint venture that will provide green hydrogen for industrial projects.

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HyStarter is started

HyStarter is started

All the happy HyExperts- and HyPerformer-winner
All the happy HyExperts- and HyPerformer-winner, © NOW

At the beginning of July 2019, the HyStarter tender was decided. Nine regions have been awarded the contract and will receive support for their entry into hydrogen and fuel cell technology as part of the HyLands overarching funding project. In the future, their concepts will also serve as a blueprint to inspire other regions.

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Linde joins ITM

ITM Power, PowerCell and Nel – too expensive

I am watching these titles very closely. However, the valuations are now so high – relative to sales, equity, orders on hand – that one should rather remain engaged in the titles I have presented and even put the above-mentioned for sale and cash-in existing book profits. This is an opinion – without commitment – based on the comparison of the indicators. But what is clear: The more investors continue to focus on the fuel cell, the more all companies and their shares will be able to profit from it – the new mega-trend is only now really beginning.

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Green hydrogen economy until 2035

Green hydrogen economy until 2035

Günther (l.) and Westhagemann during the H2 Symposium in Hamburg
Günther (l.) and Westhagemann during the H2 Symposium in Hamburg

A process of rethinking took place at the political level last year. Even though the energy turnaround has still not progressed noticeably, there is now at least a vision of what a future energy supply could look like. It is becoming increasingly clear that hydrogen will play an important role in this.

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Balancing act between commercialisation and project business

Balancing act between commercialisation and project business

E4tech

The new Fuel Cell Industry Review 2019 withmarket data and analyses was published in January 2020. Since 2014, E4tech’s team has been contacting fuel cell companies worldwide to build it, aggregating their supply figures and creating an independent annual reference point on the current state of the fuel cell industry. Some excerpts are presented below.

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