The 68th International Motor Show has to get itself re-organised. Two years ago, the organising German Association of the Automotive Industry (VDA) already had to contend with numerous cancellations by automobile manufacturers because quite a few preferred a presence at the Consumer Electronics Show in the USA to an exhibition in Frankfurt (see H2-international issue Jan. 2018).
The research alliance Campfire wants to decarbonize the maritime sector with the production of green ammonia and its application in emission-free drives.
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.
Firstly, all Tesla shops should be closed, because it would be easier to sell the vehicles via the Internet, then some showrooms should remain, because firstly, Tesla would like to continue to be present in important locations (big cities) and secondly, Tesla would not be able to get out of long-term rental agreements without paying a penalty.
Solar Power International (SPI) will take place this year from September 23 to 26 as part of North America Smart Energy Week in Salt Lake City, but without Hydrogen + Fuel Cells North America. As the organiser Solar Power Events confirmed to H2-international, the cooperation of the past two years with Deutsche Messe and Tobias Renz will not be continued. There will nevertheless be an H2 and FC area under the title Hydrogen + Fuel Cells International.
The responsibilities of Deutsche Messe AG are changing: Benjamin Low, the former Global Director of the Hannover Messe, left the Lower Saxony trade fair company at the end of February 2019. His successor is Basilios Triantafillos, who previously headed Energy in Hanover. From now on, the graduate economist will be responsible for all energy topics as well as for compressed air and vacuum technology and global business and markets – in Hanover, but also in Asia and North and Central America.