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| 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 … Read more |
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 Ballard Power and the all-important year-endCanadian 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 … Read more |
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 Hydrogenics and why the first quarter isn’t the lastLike Canadian competitor Ballard, Hydrogenics (Nasdaq: HYGS) has made investments in several markets, most of all, China, where demand for fuel cells is projected to rise. Both have entered into agreements with Alstom and Siemens. That the latter two have founded a joint venture to merge their railroad divisions suggests to me that keeping two … Read more |
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| Plug Power: High Growth, Strong Backlog Plug Power’s first-quarter results were well received by stock market analysts. Net loss was USD 0.07, less than expected, while revenue surged 90 percent year over year, topping USD 29.1 million. At year’s end, earnings are expected to be between USD 155 million and USD 180 million. It has been reported that multiple new, and … Read more |
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 Tesla and why it’s hard to keep the lid onTesla’s first-quarter report showed another record loss, USD 700 million, which lowered its cash by a whopping USD 600 million. Considering this, it seems unimportant that revenue jumped to USD 3.41 billion or that Model 3 production is being ramped up to full capacity. Tesla has been burning through massive amounts of money. … Read more |
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 Power Plant to Substitute H2 for CH4In the Netherlands, a power plant running on natural gas is said to be converted into a hydrogen facility. In mid-March, Mitsubishi Hitachi Power Systems announced it would adapt one of Nuon Magnum’s three 440-megawatt combined-cycle units in Eemshaven, in the Groningen region, for hydrogen by 2023. The change in fuel would be part of … Read more |
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 Building Continues in Grenzach-WyhlenConstruction continues on a new power-to-gas system in Grenzach-Wyhlen, Germany, despite considerable opposition. A citizens’ initiative had tried to remove the site from consideration, but Freiburg’s regional authority approved it in mid-March, as the hydrogen-producing facility met federal pollution standards (see H2-international, March 2017). Nevertheless, there have been calls to verify that, once started up, … Read more |
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 United States: More R&D Money Than ExpectedNikola Motors, which is developing Class 8 semitrucks that use fuel cell range extenders, announced an order for 800 units from Budweiser while suing Tesla for USD 2 billion, alleging patent infringement. Nikola’s announcement got so much attention that FedEx Corp. put out a notice on the receipt of a fuel cell delivery van. … Read more |
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| eMove360° Adds Fuel Cells The eMove360° Europe show, which will be held Oct. 16 through 18, is poised to welcome the fuel cell industry into the fold. The show’s organizer, MunichExpo, has partnered up with the German DWV – Hydrogen and Fuel Cell Association, among others, to schedule a Fuel Cell Conference for the first day of the event. … Read more |
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 Linde Ends BeeZeroIn mid-2016, industrial gas supplier Linde took the novel approach of creating a free-floating carshare program that offered only fuel cell vehicles. The corporation founded a subsidiary named Linde Hydrogen Concepts to buy 50 Hyundai ix35 Fuel Cell cars, which customers could book via an app and pick up at public parking lots instead of … Read more |
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 Werner Tillmetz Retires From ZSWProfessor Werner Tillmetz will step down from his roles as a board member of the German Solar Energy and Hydrogen Research Center, or ZSW for short, and the director of its electrochemical energy division this fall. “I’ll turn 63 in September, at which point I’m allowed to retire,” he told H2-international. “Considering the projects that … Read more |
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 DWV – Management Stays OnThe German Hydrogen and Fuel Cell Association (DWV) has reelected its board members to serve in their current capacities for another two years. Efforts undertaken in the last two had borne fruit, its chairman, Werner Diwald, said at the annual meeting, held May 30. He added that much had been accomplished in Germany and throughout … Read more |
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 Register now: 10th Expert Forum on Electric Vehicle Drives 12-13 September, 2018 in Stuttgart, Germany The evolution of mobility is in full swing. It pays to keep up with the current state of technology, research, and development. This conference offers presentations from top speakers, the latest research results, and practical experience from leading companies. Meet more than 200 international participants and expand your personal network. Use code “EMOB” to receive a 5% discount on registration fees. Premium partner
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 Discounts and Free Tickets September 12th to 13th, 2018, e-motive – 10th Expert Forum on Electric Vehicle Drives, in Stuttgart, Germany Please contact H2-international for more details. |
