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Plug Power – USD 130 Million Revenue in 2017

Plug Power – USD 130 Million Revenue in 2017

by | May 3, 2017 | North America

The minus USD 0.11 per share was a much higher loss than the USD 0.06 that had been anticipated. The adjusted EPS is said to be at USD 0.08 per share. The company’s revenue increased to USD 32.6 million in the final quarter of 2016 – while USD 34.8 million had been expected. The net loss attributable to common shareholders (incl. large extraordinary items) added up to USD 57.6 million at USD 85.9 million in revenue. This fiscal year, GAAP revenue is expected to grow to USD 130 million. Where does the company go from here? The focus of Plug Power (NASDAQ: PLUG) is the materials handling market, and it’s doing well on it regarding customers and bookings. (more…)

Tesla – Has That Been the Squeeze Already?

Tesla – Has That Been the Squeeze Already?

by | May 3, 2017 | North America

Gigafactory

Tesla’s Gigafactory in January 2017, © Tesla

Just recently, the stock price of Tesla (NASDAQ: TSLA) had known no bounds: Prices went up more than 40 percent within a few weeks. But the hike was followed by a hefty decline from USD 286 to around USD 240. There had been no reassuring news and figures based on which you could make a logical argument for the price explosion. One of my theories focuses less on the influence of tweets and the content of statements made by Tesla’s CEO (more…)

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The Break-Up of Heliocentris

The Break-Up of Heliocentris

by | May 3, 2017 | Europe, Germany, worldwide

odascoHeliocentris Energy Solutions, which filed for bankruptcy in late 2016, will be no more, although its expertise will live on. The manufacturing and the education division were sold to different companies, but many employees who worked in Berlin lost their job. (more…)

New Priorities in Hanover

New Priorities in Hanover

by | May 3, 2017 | Europe, Germany, worldwide

Emmanuel-Macron

In 2016, French presidential candidate Emmanuel Macron visited Hanover

For many years, heating systems based on fuel cells had played a central role on the joint booth Hydrogen + Fuel Cells + Batteries at Hannover Messe. This time, however, the Fuel Cell Initiative, IBZ, was nowhere to be found, not because there was no interest in the technology, but because it has been made available on the market. (more…)

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Hydrogen Council Founded

Hydrogen Council Founded

by | May 3, 2017 | worldwide

CouncilAt the beginning of 2017, several businesses joined forces to advance the energy transformation and spread the vision of a hydrogen economy. On Jan. 18, 2017, during the World Economic Forum in Davos, Switzerland, the heads of thirteen globally operating businesses held a press conference to announce the launch of the Hydrogen Council. The council’s secretary general is Pierre-Etienne Franc, vice president of advanced business and technologies at Air Liquide and formerly board chair of the Fuel Cells and Hydrogen Joint Undertaking, and its chair is Benoît Potier, Chief Executive Officer of Air Liquide. (more…)