Tesla – losses continue to pile up

roadster
Concept study of the new roadster, © Tesla

Tesla’s third-quarter figures didn’t merely point to poor performance – the USD 671 million loss in particular was way more than anything most analysts had predicted. Based on non-GAAP accounting, including adjustments, shares lost USD 2.92 each. GAAP, which has the more relevant figures in my opinion, showed minus USD 3.70 per share at a revenue of USD 2.98 billion, which includes SolarCity’s.

Read more

New manager at H-Tec Education

Schmidt
Thorsten Schmidt, © GP Joule

Last November, H-Tec Education, based in Lübeck, Germany, was put under new management. Parent company GP Joule elevated Thorsten Schmidt to head of the teaching materials division. Åke Johnsen, who had worked for H-Tec’s marketing department since 2001 before becoming part of the board in 2016 after the exit of company founder Uwe Küter, left the subsidiary to join its parent company, where he could lead the hydrogen business at both GP Joule and H-Tec to new levels of success.

Read more

Hydrogen featured at climate conference COP23

Proponents of hydrogen and fuel cell solutions had something to look forward to at COP23, the 23rd UN climate conference, which took place in Bonn, Germany, Nov. 6 through 17 last year. Until the beginning of December, the Deutsches Museum featured a special exhibition on “Hydrogen – The unlimited energy source,” supported by the Hydrogeit Verlag publishing house. Additionally, some of the buses transporting attendees around the grounds during the summit were CleanShuttle battery, hydrogen and hybrid versions from all over Germany.

Read more

Nikutta new head of Alstom Germany

Nikutta
Jörg Nikutta, © Alstom

On Sept. 1, 2017, Jörg Nikutta became responsible for Alstom’s operations in Austria and Germany. The same day, he was also appointed spokesman for the board of management at Alstom Transport Deutschland. Nikutta used to work at Deutsche Bahn and now follows in the footsteps of Didier Pfleger, who has since been in charge of Alstom’s Middle East business.

Fuel Cell Powertrain FCP founded in Chemnitz

Last November, Thomas Melczer and Achim Loecher were appointed CEOs at newly founded FCP – Fuel Cell Powertrain, a joint venture between Melczer’s PTT Power Train Technology based in the German state of Saxony and Dewei Group Holdings from Beijing. They share the role with Professor Thomas von Unwerth, director of the Advanced Powertrains department at Chemnitz University of Technology, which works in close partnership with FCP.

Read more

BEE gets new CEO in Peter Röttgen

Roettgen
Peter Röttgen, © BEE

On Aug. 1, 2017, Peter Röttgen became the new CEO of Germany’s Federal Renewable Energy Federation, or BEE for short. He replaced Harald Uphoff, who served as interim CEO after Hermann Falk left BEE in 2016. Röttgen had previously served as deputy head at the State Office of Mining, Energy and Geology in the German state of Lower Saxony and later as manager of the Energy Storage Innovation Center at E.ON until the company decided to split operations.

Read more

Töpler & Lehmann’s guidebook revised

9783662533598It’s been three years since publisher Springer Verlag released the first edition of its guidebook “Wasserstoff und Brennstoffzellen – Technologien und Marktperspektiven” written by Johannes Töpler and Jochen Lehmann. In late 2017, an extended and updated version hit the shelves, again comprehensively informing readers about hydrogen and fuel cell technologies. Taking account of recent debates, this second edition in German grew by more than 80 pages to include a new chapter on hydrogen storage in underground caverns and one about power-to-X. To make up for the somewhat high price tag, it comes with a non-transferrable coupon that a buyer can use to download the e-book version.

Read more

Alpiq buys Diamond Lite

Diamond Lite, a Swiss engineering firm founded by Hansjörg Vock in Herisau in 1982, used to be something of a European office for products by American electrolyzer manufacturer Proton OnSite. That changed last summer, when it was purchased by Swiss energy services provider Alpiq Holding, based in Lausanne, on June 30. With the acquisition of Diamond Lite, Alpiq has made a strategic investment in its growth markets.

Read more

CertifHy: Sustainable H2 production and supply

CertifHyMany see great promise in hydrogen as a fuel for zero-emission transportation and a raw material in the industrial sector. Not only has the number of hydrogen-powered fuel cell vehicles been steadily on the rise. The fulfillment of COP climate targets will eventually require large quantities of the compound, for example, in refineries, steel processing and the basic chemical industry. What is needed is a reliable system to track and certify exactly where the green hydrogen comes from and how it is produced.

Read more

H2-international now well established

H2-internationalHydrogeit Verlag’s most recently added information service, H2-international, has become a fixture of the international hydrogen and fuel cell community. Since its foundation in the summer of 2015, the e-Journal on Hydrogen and Fuel Cells has been offering translations of articles published in the German trade journal HZwei. Its reach is steadily growing.

Read more