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H2 profits from the crisis 

H2 profits from the crisis 

Unfortunately, it must be stated so: the global increase in the price of oil and gas or LNG, which is also fueled by Russia’s bellicose actions here in Europe, is beneficial for the ramp-up of the hydrogen economy, since at the end of the day, aside from climate and economic policy issues and price, it’s about the ensured availability and delivery of energy. So there is a winner in this crisis: hydrogen green hydrogen.  (more…)

The stock exchange is also guided by interests

The stock exchange is also guided by interests

Prices from 15 August 2021, © www.wallstreet-online.de

Prices from 15 August 2021, © www.wallstreet-online.de

The daily price fluctuations of the shares in the hydrogen and fuel cell sector discussed here – primarily those from the USA and Canada – give an indication that very different interests determine events here: Thus, on many days in July 2021, there was a concurrence of price declines with almost identical percentage losses in the prices of all these shares with manageable trading volumes at the same time. In other words: The buy side held back and the forces betting on falling prices had the upper hand. However, no selling pressure could be detected, which is reflected in the amount of shares traded. (more…)

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Nikola Motors – Ex-Chief Executive Officer facing charges

Nikola Motors – Ex-Chief Executive Officer facing charges

Trevor Milton, © Nikola

Trevor Milton (l.), © Nikola

Former CEO, company founder and major shareholder (with an estimated 20 per cent of the company still owned) Trevor Milton has been charged with making “misleading, false statements directly to the investing public” via social media and television, print and podcast interviews, according to an SEC investigation. A court has frozen assets worth US$ 100 million belonging to Trevor Milton. However, the company has nothing to do with it. Construction work at the Coolidge plant is progressing according to plan. In parallel, there were various cooperation agreements with distributors as well as service points for repairs – now already 116. In addition, Nikola is expanding the sector of consumables – electricity supply contracts for battery-electric trucks as well as for the in-house production of hydrogen. The H2 infrastructure is being built in parallel. (more…)

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Tesla in grip of Bitcoin fever

Tesla in grip of Bitcoin fever

That Tesla chief Elon Musk would, one way or another, place his trust in Bitcoin was to be expected. He had already stated his interest and his enthusiasm for the cryptocurrency many times in the past and had previously considered switching the whole of his corporate financing to this digital money format. Words turned to action, with Tesla investing USD 1.5 billion in bitcoins.

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Bloom Energy – What a rally!

Bloom Energy – What a rally!

Graphic representation of the development of the Bloom share
www.wallstreet-online.de

As third-quarter results faded in the rear-view mirror, Bloom Energy stock rebounded with a vengeance following a temporary slump. Natural disasters, including storms and floods, prevented the completion of 41 projects, pushing revenue below the anticipated USD 225 million to USD 200 million, And yet, the company’s USD 12 million in the red means Bloom [NYSE: BE] performed much better than expected. The net loss was “only” USD 0.09 per share instead of USD 0.16 and including non-recurring revenues, that loss shrank to as little as USD 0.04 a share.

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