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New brand for hydrogen-run garbage trucks

New brand for hydrogen-run garbage trucks

Dr. Johannes F. Kirchhoff at Enginius – with the CityPower in the background

Dr. Johannes F. Kirchhoff at Enginius – with the CityPower in the background

The kickstart for Enginius could hardly have turned out better. On May 16th, 2022, Faun Umwelttechnik GmbH & Co. KG introduced its new brand to the public in Bremen, and only two weeks later, the vehicle manufacturer from Niedersachsen was presented the first ever H2Eco Award during Hannover Messe. At the same time as the industrial fair, the subsidiary of the Faun Group also made a splash at IFAT 2022, the world-leading trade fair for environmental technologies, in Munich from May 30th to June 3rd. (more…)

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Weichai Power – a turning point

Weichai Power – a turning point

Although the price of Weichai Power fell away steadily in recent months, it has bounced back very strongly in recent weeks by more than 35 percent. Weichai, as a leading producer of diesel engines in China, is the perfect counterpart to the American corporation Cummins, which is very aggressively expanding its hydrogen and fuel cell activities, and as such is hedging Weichai’s future strategy. For Cummins, the acquisition of Canadian firm Hydrogenics was its ticket into the world of hydrogen. For Weichai, it was its stake in Ballard Power (probably currently standing at about 15 percent) and the joint production of commercial vehicle stacks in a joint venture (51:49). (more…)

Hydrogenics – Cummins Engine acquires the company

Hydrogenics – Cummins Engine acquires the company

The topic of hydrogen and fuel cells is also becoming increasingly hotly debated on the stock exchange.

The topic of hydrogen and fuel cells is also becoming increasingly hotly debated on the stock exchange. The takeover of Hydrogenics, the Canadian frontrunner in fuel cell systems for trucks and rail vehicles as well as for electrolysers, by the US company Cummins Engine, should make people sit up and even trigger a wave of further takeovers or participations of listed companies in the industry.

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Hydrogenics – perfect foundations for 2020 ff

Hydrogenics – perfect foundations for 2020 ff

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

The momentum for the fuel cell is constantly improving with increasing dynamics. Recent co-operations such as those between Bosch and PowerCell, but also positive statements on fuel cells from automobile manufacturers such as Audi are attracting attention. Will China be the driver again, as it was when the batteries were introduced and before that in the field of renewable energies? There, new funding guidelines are about to be introduced, which are intended to favour and strongly promote the fuel cell and the hydrogen infrastructure, while the subsidies for purely battery-operated vehicles will, depending on the radius, be abolished in full or to a large extent.

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Hydrogenics versus ITM Power

Hydrogenics versus ITM Power

Simon Bourne

Simon Bourne in the ITM container, © ITM Power

Canadian producer Hydrogenics (Nasdqaq: HYGS) and British manufacturer ITM Power (London: ITM) aren’t entirely comparable, but they use similar technologies. There are some commonalities in the form of power-to-gas projects, hydrogen stations and powerful electrolyzers to generate the gas. Their market caps aren’t as far apart as I would expect based on the number and contract value of bookings. Both stocks have experienced severe price drops. (more…)