Plug Power’s third-quarter results proved disappointing. The company said that the figures didn’t have any influence on its great prospects, considering a customer base which includes corporations as large as Walmart and Amazon. Their bookings are expected to top USD 600 million in the coming years. During the reporting period, Plug delivered 2,753 GenDrive systems for forklift retrofits, which generated USD 61.4 million in revenue. Current production capacity is at 15,000 systems per year, with 95 percent of them manufactured in-house. Ballard’s contribution has been reduced to a minimum.
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Fuel Cell Incentive at 40 Percent
“Fuel cell cars are too expensive – and there’s no refueling infrastructure either.” You may hear a sentence like this one many times over. Both German-language magazine HZwei and English-language e-journal H2-international have reported regularly about new hydrogen filling stations (e.g., October 2017 issue of H2-international). So, let’s look at the price, which might be much lower than many Germans believe. If you factor in available incentives, an FCV such as the Honda Clarity Fuel Cell would cost only around EUR 42,000
Example of a Fuel Cell Heating Consultation
Although numerous critics had hardly thought it possible anymore because of years-long delays, fuel cell heating systems have entered the market. Several manufacturers of heating appliances have added power and heat units running on natural gas to their portfolio. One of them is Thermondo, a young heating installation company operating across Germany, which has been offering condensing boilers since last year.
Sobering News for Early Adopters of FCEV
People need to experience electric transportation on their own, something which is true for drivers of both battery and fuel cell cars. At least an adequate number of purely battery-driven vehicles have already made it onto the public roads in Germany. But how can people today gather their own personal experiences of driving fuel cell vehicles?