Japan’s federal R,D&D budget for the 2016 fiscal year, which starts April 1, 2016, is 37.1 billion yen (285 million Euro), according to a recent report from Technova, a Japanese advanced technology consultancy. The total includes continuing support for the successful Ene-Farm residential fuel cell program, which will support an estimated 50,000 residential installations this year. (more…)
Whichever enterprise figure is in the focus of the stock market, it will become the basis for share price development: With around US$ 31.5 million in the third quarter, Plug did deliver the expected turnover revenue, but had to continue posting a loss that the stock market took as a negative sign (expressed in US cents per share). (more…)
To free FuelCell Energy from the shackles of “penny stock life,” the company based in Danbury, Connecticut, took the radical step of merging its shares (reversal stock split) at a ratio of 12:1, effective from Dec. 4, 2015 (see graph). Considering the organization’s more than 300 million outstanding shares (more to say, 475 million fully diluted ones, and 40 million after the split), this move was to be expected: The company was running the risk of being dropped from Nasdaq (more…)
The US Department of Energy intended to issue a Funding Opportunity Announcement (FOA) early in December 2015 offering up to $ 35 million over several years for various research, demonstration and analytical topics. Most of the effort is focused on hydrogen station cost reduction and improvements in fuel cell performance and durability. The projects would take place over one to five years; with multiple winners contemplated in each area of interest (more…)
The World of Energy Solutions (WES) is slowly turning into a battery-only exhibition. The event, whose most recent instalment took place in Stuttgart from Oct. 12 to 14, 2015, was originally launched as the regional fuel cell conference f-cell. Fifteen years ago, a small number of hydrogen and fuel cell experts met in the House of Economy in Stuttgart to talk about their research at test labs and workshops. The conference was accompanied by a small exhibition showcasing products of businesses mostly based in Germany’s Swabia region. (more…)
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