DE
The atmosphere was good. Not ecstatic, as was sometimes the case last year, but certainly lively. Especially in Hall 13, where the Hydrogen + Fuel Cells Europe event took place, where the aisles well filled and the babble of voices was much louder than in the other halls on the exhibition grounds. Nevertheless, the impression remains that also in the 30th year of this H2 fair, the market breakthrough is still a long time coming and will happen “in only five years,” as has been said for 20 years.
Bloom Energy was able to increase its turnover by 24 percent in the second quarter to over 301 million USD. The right growth, meanwhile, is to take place – as in every year contingent on project completions – again in the second half of the year – principally in the fourth quarter. The ratio is...
Today, we’re feeling the effects of what we did or allowed in the past. Not just with the energy and climate crisis but also in daily life. Whoever earlier installed a private PV system or heat pump may be enjoying the present, since they do not have to worry about staggering increases to their...
At the stock exchange, you may get the feeling that all companies dealing in fuel cells and hydrogen technologically and as a business model are one group moving in parallel, as expressed in the trend of their stock prices. However, this is far too undifferentiating, because the companies rely on completely different business strategies. One builds filling stations for hydrogen and produces electrolyzers (e.g. Nel, ITM, Plug Power, Bloom), while another produces fuel cell stacks and modules (e.g. Ballard Power, PowerCell, Cummins, Weichai Power).
Aware of the changing framework conditions in the energy sector, the hitherto dominant players are attempting to adapt to the new situation. At the beginning of November 2021, the German national mineral oil industry association (Mineralölwirtschaftsverband, MWV) and the national institute for...