by Admin | Jul 15, 2020 | worldwide
You can feel it – the wave of optimism sweeping through the hydrogen and fuel cell industry. All the more disappointing that the German government is taking its own sweet time setting up market regulations. It is a murky green light. Sure, there have been plenty of speeches. Yet, there is a decided lack of enthusiastic momentum. Even then, as the national hydrogen strategy was announced in early June.
(more…)by Admin | Jul 15, 2020 | worldwide
Projected first-quarter returns were between USD 140 million and USD 160 million. In the end, Bloom Energy took in USD 156.7 million. However, if I interpret the numbers right, another USD 40 million was shifted to the second quarter. From projects that have not been billed yet, I do believe. The company’s bottom line posts a USD 9.8 million loss, according to GAAP, far less than the predicted USD 15 million to USD 25 million.
(more…)by Admin | Jul 15, 2020 | worldwide
FuelCell Energy recently announced that, since launching business, it had produced over 10 million megawatts of clean electricity, saving over 1.5 million tons of carbon dioxide. Its basis for success is the SureSource platform. The company is now gradually fulfilling orders worth more than USD 1.3 billion. New bookings season the pot, as they are expected to lead to high margins.
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by Admin | Jul 15, 2020 | worldwide
Long anticipated, Nikola Motors [Nasdaq: NKLA] finally goes public. In order to get a foot in the door early, the truck maker used a reverse merger. Investors acquired a public shell company, a special type of investment vehicle.
(more…)by Admin | Jul 15, 2020 | worldwide
An unexpectedly profitable three months propelled Tesla’s stock to over USD 850 before it plunged to USD 670 when the electric carmaker’s chief executive, Elon Musk, sent out a tweet complaining about the high price. Not much later, though, the stock rallied again, racing toward USD 1,000 after sister company SpaceX, which is also headed by Musk, announced it successfully sent one of its rockets into orbit.
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