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The Ups and Downs of Hydrogenics

The Ups and Downs of Hydrogenics

by | Jan 9, 2019 | North America, worldwide

wallstreet

© wallstreet-online.de

Hydrogenics (Nasdaq: HYGS) seems to be facing similar headwinds in China, mostly with regard to funding, bid requests and grant approval. It said the country offered excellent prospects; everything was just moving along a bit more slowly than expected. At the very least, backlog at Hydrogenics added up to USD 132 million, more than half of which originates with Alstom contracts for fuel cell trains. Thirty trains have already been ordered and more are said to follow this year. (more…)

New Funds Secured by Plug Power

New Funds Secured by Plug Power

by | Jan 9, 2019 | North America, worldwide

Carrefour

Carrefour’s Still forklift trucks equipped with Plug Power systems, © Still

Considering the many possible uses of fuel cells, the market for them won’t go up in a straight line. Nor will the large-scale production of cheap renewable hydrogen be a goal that can be accomplished overnight. Still, new hydrogen fueling stations will be added at a steady pace, and it will only be a matter of time until mass-produced fuel cell cars are available for sale. (more…)

The Rollercoaster That Is Tesla

The Rollercoaster That Is Tesla

by | Jan 9, 2019 | North America, worldwide

Tesla

© Tesla

The sky’s the limit, you might have been thinking, when Tesla’s stock jumped from USD 240 to about USD 340 in few days. On Oct. 23, 2018, a short while before the company said that it would preschedule the publication of third-quarter results, a well-known short seller named Andrew Left, of Citron Research, changed his outlook on Tesla (Nasdaq: TSLA). In what seemed like a 180-degree turn from his previous position, he stated (more…)

Kühn Tries His Luck with kraftwerk TUBES

Kühn Tries His Luck with kraftwerk TUBES

by | Jan 8, 2019 | Germany, North America

kraftwerk

Sascha Kühn, © Consilium Rechtskommunikation

Many German fuel cell fans are still angry at Sascha Kühn, mostly not because his company’s kraftwerk fuel cell charger has yet to be delivered but because Kühn has practically disappeared from the public eye. Months have passed since there was some kind of statement about if and how the original idea of manufacturing small high-temperature fuel cells with the help of crowdfunding could still be brought to market. (more…)

GP Joule Shuts Down H-Tec Education

GP Joule Shuts Down H-Tec Education

by | Jan 8, 2019 | Germany, North America

H-TecDecember 31 last year was the date on which work at H-Tec Education officially ended. Still, the Fuel Cell Store (fuelcellstore.com) will continue the brand, as well as production, distribution and customer service. However, it was reported that, following the decision, 13 employees had been let go. (more…)

AVX Buys Kumatec

by | Nov 1, 2018 | Germany, North America

In mid-May, an AVX Corp. subsidiary, AVX Interconnect Europe, signed a EUR 12.5 million agreement to acquire Kumatec Sondermaschinenbau & Kunststoffverarbeitung, a German plastic components manufacturer based in Neuhaus-Schierschnitz, near Coburg. As a U.S. supplier of advanced electronic parts, interconnect solutions and sensor products, AVX bought Kumatec to benefit from the latter’s expertise in automation. (more…)