Every day, more and more encouraging stories are popping up on news tickers, saying that companies, cities, towns and entire unions of countries, such as the EU, want to step on the gas in terms of climate action, with hydrogen definitely playing a crucial role in their efforts. While people are still sparring over what … Read
more
A temporary jump in Nikola’s market cap to over USD 25 billion and a stock price topping USD 70 – on one day, even USD 90 – were quite the start. And yet, I stayed on the sidelines, which turned out to be the right thing to do. … Read more
What for ups and downs Tesla has seen. High-volume trading each day prior to the 5-1 split pushed the price to more than USD 2,200 – at the beginning of this year, it was below USD 400. A USD 420 billion market cap for what exactly? … Read more
FuelCell Energy [Nasdaq: FCEL] has finally closed the chapter on its partnership with Posco. It seemed like a story with no winner. While FuelCell Energy said that Posco did too little with the fuel cell technology it licensed from the manufacturer, Posco stated that it lost around USD 800 million because of the companies’ joint venture. … Read more
Bloom Energy performed strongly in recent months, rising from USD 10 to over USD 19 until it was time for profit-taking. As expected, the stock is beginning to catch up to other fuel cell shares. Plus, Bloom [NYSE: BE] has formed a joint venture with Samsung Heavy Industries to come up with SOFC solutions for … Read more
Plug Power stock is resilient. On the plus side, Plug [Nasdaq: PLUG] completed its USD 123 million acquisition of Giner ELX and United. It will allow the company to not only produce hydrogen but also start making electrolyzers. As I often noted, this kind of deal would be needed for an upward trend in Plug’s … Read more
Recent high volumes of trading saw Ballard Power stock shoot past USD 21 at one point. Subsequent profit-taking then caused the price to fall again. I would say this kind of correction is not unusual during an upward trend and gives investors another opportunity to (re)purchase shares. … Read more
On June 8, the EU followed Germany’s example by announcing a hydrogen strategy. The European Commission even published two road maps, one for energy systems integration and another for clean hydrogen as part of the NextGenerationEU stimulus package and the European Green Deal. … Read more
The quiet life is over. That much is clear, even to the German hydrogen and fuel cell association DWV. Growing interest in hydrogen and fuel cells has some wanting to turn the organization into a powerful industrial body. … Read more
Mathias Bode, FuelCon and Sensotech’s longtime chief executive, has decided to change careers. An automation technician by trade, he is now working for Aquin & Cie., a privately owned consultancy that specializes in mergers and acquisitions, mainly in the industrial automation, automotive testing and electric vehicle markets. Bode founded Sensotech in 1990 and FuelCon in … Read more
The IfW World Economy Institute Kiel has criticized the German government‘s Covid-19 stimulus package, saying some elements of it are “harmful.” A mid-August IfW analysis titled “Incentive boom thanks to Covid-19?” found that the “one-sided, massive incentivization of all-electric vehicles” is pushing other car markets to the sidelines. Its authors suggest eliminating EUR 4.4 billion … Read more
The National Hydrogen Council is a vital element of the German hydrogen strategy published in June and comprises 26 representatives for industry, academia and civil society. … Read more
Do you also want
to be part of this Business Directory? Please have a look here.
Specials
Discounts and Free Tickets
eMove360° Hybrid 2020, October 20 to 22, 2020, online and in Munich, Germany 20% discount for the Conference Ticket – Code: eM20-AKSXYTMN – www.emove360.com
Hydrogen + Fuel Cells International, October 21 to 22, 2020, online 15% Discount for the Conference – www.solarpowerinternational.com
Energy Storage World Forum, November 25 to 27, 2020, online 15% Discount for the Conference – Code: PARTNER_15 – www.energystorageforum.com
