Since the number of hydrogen filling stations in Germany is unstoppably approaching the three-digit range, the inauguration celebrations are becoming smaller and the press releases fewer. Most recently, numerous high-ranking industry representatives and politicians appeared at the 50th H2 station in Potsdam.
While Formula E in Germany was held in Berlin on 24 and 25 May 2019 with purely battery-operated racing cars, preparatory measures are currently underway elsewhere to ensure that hydrogen cars can also take part in races in the future. On 28 March 2019, the LMPH2G prototype completed its first laps at Le Mans with driver Emmanuel Collard and prominent co-driver Bertrand Piccard.
The real laboratories are now to give fresh impetus to new energy technologies. Greater room for manoeuvre in regional projects should enable local business concepts to be tested first and then implemented on a larger scale nationwide. There’s a lot of interest in it: By the beginning of April 2019, project outlines could be submitted and, as has been confirmed by various parties, the call was oversubscribed several times.
The research alliance Campfire wants to decarbonize the maritime sector with the production of green ammonia and its application in emission-free drives.
Hydrogen is considered by many to be the energy source of the future. It can be generated from renewable energies and utilised in different sectors for material and energy production, which is referred to as sector coupling. However, the distribution of hydrogen in particular is the subject of numerous discussions.
The signs are quite clear: Large manufacturers of classic combustion engines are gradually abandoning their traditional fields of activity and investing in hydrogen technology.
This remark (“major new customers”) stuck particularly with me, because Ballard – although already on board with many top partners and large companies in research technology – expects further major new customers, according to CEO Randy MacEwen in the telephone conference on the occasion of the figures for the fourth quarter of 2018.
The momentum for the fuel cell is constantly improving with increasing dynamics. Recent co-operations such as those between Bosch and PowerCell, but also positive statements on fuel cells from automobile manufacturers such as Audi are attracting attention. Will China be the driver again, as it was when the batteries were introduced and before that in the field of renewable energies? There, new funding guidelines are about to be introduced, which are intended to favour and strongly promote the fuel cell and the hydrogen infrastructure, while the subsidies for purely battery-operated vehicles will, depending on the radius, be abolished in full or to a large extent.
In the first quarter, Bloom was able to generate a good US$ 200 million in sales. The bottom line was a minus of US$ 8.8 million or minus US$ 0.22 per share. Nevertheless, a noticeable improvement compared with the same quarter of the previous year, in which a minus of US$ 22.5 million was reported. This represents growth of around 18.5 percent. The cash position is very healthy, amounting to US$ 327.9 million plus US$ 42 million from Power Purchase Agreements (PPAs).
FuelCell had to feel what it means to fall for smart investors (loan sharks?). The preference shares that could be converted into ordinary shares were probably used to push down the price via short selling and to receive more and more shares due to a conversion ratio. Did the analysts who evaluate and recommend FuelCell Energy simply overlook this? Now the capital has been merged. The number of artificially inflated shares via conversion of preference shares has now been significantly reduced. Unfortunately, all this seems to leave the management cold, otherwise they would at least make a press release.