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Burckhardt Compression – boom in incoming orders

Burckhardt Compression – boom in incoming orders

The stocks in this compression market leader have performed extremely well since they were first mentioned here in our H2-international magazine, improving from about CHF 300 to more than CHF 400. Burckhardt Compression benefited from a boom in orders for compressors, but also from its service solutions. In the first half of 2021, Burckhardt achieved significantly greater incoming orders of about 80 percent, taking it to CHF 450 million. A “strong increase in hydrogen mobility and energy activities” is expected for the second half of the current year.
Conclusion: The company has a bright future ahead of it and will benefit from the worldwide ramp-up of the hydrogen economy by being active in China too – an acquisition was already made here some time ago. I imagine the company could be a target for a takeover by a large corporation which, as a global player, could seamlessly incorporate Burckhardt Compression’s expertise into its own hydrogen product range. Continues to be suitable as a small admix. (more…)

Nikola Motor positions itself in the global market

Nikola Motor positions itself in the global market

Nikola’s head office in Phoenix, Arizona, © Nikola

Nikola’s head office in Phoenix, Arizona, © Nikola

At first glance, the news seems to be negative. Nikola Motor has already stated it will settle with the US stock exchange regulatory agency, the SEC, for USD 125 million regarding the misdemeanors of its founder and former CEO, Trevor Milton. On the other hand, however, Nikola plans to claw back this money since Milton probably still owns at least a 10 percent stake in Nikola although he is likely to have sold some of his shares and transferred them to relatives. Nikola cannot simply seize these shares but perhaps it will freeze them until an agreement has been reached.

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Bloom Energy – billion-dollar deal triggers price explosion

Bloom Energy – billion-dollar deal triggers price explosion

Bloom’s energy supply concept, © Bloom

Bloom’s energy supply concept, © Bloom

Bloom Energy gained its South Korean customer and corporate partner of many years, SK ecoplant, as a shareholder and, thanks to the existing good working relationship, has even bagged a USD 4.5 billion order – for hardware and software and also service revenue – for 500 megawatts for the time being. This order should only be the start though and so ought to have further potential. SK ecoplant, part of the SK Group, is the largest energy corporation in South Korea and is planning to invest multiple billions in fuel cells and hydrogen, said to be about USD 25 billion. (more…)

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Burckhardt Compression – boom in incoming orders

FuelCell Energy – can ExxonMobil drive up the price?

With ExxonMobil, FuelCell Energy is already working nicely with regard to carbon capture. Now ExxonMobil has published a six-year plan that sees the corporation wanting to invest USD 15 billion in this area. As a result, I therefore believe that for FuelCell Energy there is potential for many a supplementary and major order. (more…)

Hyzon Motors – end to the observation role

Hyzon Motors – end to the observation role

H2-Truck, © Ark Energy

Ark Energy Truck made by Hyzon Motors, © Ark Energy

Hyzon Motors, a manufacturer of hydrogen-powered commercial vehicles founded in Singapore (IPO via special-purpose acquisition company, SPAC, in New York), saw its the share price crash after a hedge fund named Blue Orca (a short seller?) leveled various accusations, including that an order for 20 Hyzon trucks did not come from the named customer, Hiringa Energy, but from someone completely different. Moreover, it also prompted questions about an agreement (memorandum of understanding) concerning 400 trucks for a Chinese customer. Law firms simultaneously added a string of class action lawsuits whose aim and purpose is unclear to me, though. Did someone want to initiate a lower IPO price or make stock prices tumble by short selling? (more…)

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Industrial trade fair with H2 focus

Industrial trade fair with H2 focus

Basilios Triantafillos, Global Director for Hannover Messe

Basilios Triantafillos, Global Director for Hannover Messe

The trade fair company Deutsche Messe AG appears confident that in 2022 it will be holding an in-person Hannover Messe once again. The organization made clear already in fall 2021 that hydrogen will play a central role in the industrial trade show of 2022, taking place April 25th to 29th. Deutsche Messe together with Hydrogen + Fuel Cells Europe is holding a networking event centered around hydrogen (see photo) in November at the Landesvertretung Niedersachsen in Berlin. It will be followed soon after by the traditional press conference, this time with Ove Petersen, CEO of GP Joule, which explicitly indicates the future importance of hydrogen. (more…)

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