Looking at oil prices these days may have you thinking that the sky’s the limit. However, what’s unfavorable, or even detrimental, to one side can benefit the other. Price hikes will just pump more money into alternative energies and R&D. Specifically, green hydrogen and its use as a source of electric power, heat and cooling energy could, along with carbon capture, see unprecedented growth, especially after it took so long for the world to start waking up to its potential. (more…)
Canadian manufacturer Ballard (Nasdaq: BLDP) ended the first quarter of 2018 on a total revenue of USD 20.1 million. During the same period a year ago, it generated USD 6.2 million in one-time revenue from technology transfers and engineering support. This amount needs to be taken into account, that is, taken off, if the goal is to paint an accurate picture of year-over-year growth. Still, the company’s gross margin was 33 percent. (more…)
Like Canadian competitor Ballard, Hydrogenics (Nasdaq: HYGS) has made investments in several markets, most of all, China, where demand for fuel cells is projected to rise. Both have entered into agreements with Alstom and Siemens. That the latter two have founded a joint venture to merge their railroad divisions suggests to me that keeping two experienced suppliers on board is part of their failsafe system. Ballard has also partnered with China’s CRRC, the world’s largest rolling stock manufacturer. (more…)
Plug Power’s first-quarter results were well received by stock market analysts. Net loss was USD 0.07, less than expected, while revenue surged 90 percent year over year, topping USD 29.1 million. At year’s end, earnings are expected to be between USD 155 million and USD 180 million. It has been reported that multiple new, and large, corporations were now part of Plug’s customer base. One of them is said to be a food company that ranks among the top five in the United States. (more…)
Tesla’s first-quarter report showed another record loss, USD 700 million, which lowered its cash by a whopping USD 600 million. Considering this, it seems unimportant that revenue jumped to USD 3.41 billion or that Model 3 production is being ramped up to full capacity. Tesla has been burning through massive amounts of money. (more…)
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.