The takeover of Heliocentris by Odasco nearly a year ago was meant to save the ailing business, but it is now clear that the attempt at a turnaround has failed. When newly founded Odasco Heliocentris Europe filed for bankruptcy on Aug. 3, 2017, work at both company locations, Wendlingen and Munich, had already halted. Proceedings started Sept. 1 last year. (more…)
The most important trade show of the heating and sanitation industry, the ISH in Frankfurt, Germany, showed from March 14 through 18 this year what kind of heating systems are in demand these days. Fuel cells did not seem to play much of a role at the event. Only one of the big manufacturers of heating systems made news in this segment, and what for news: Vaillant is on its way out (more…)
Heliocentris Energy Solutions, which filed for bankruptcy in late 2016, will be no more, although its expertise will live on. The manufacturing and the education division were sold to different companies, but many employees who worked in Berlin lost their job. (more…)
The German fuel cell manufacturer Proton Motor based in Puchheim had already experienced major management changes last summer, with Achim Loecher leaving his executive position at the end of July, and Thomas Melczer stepping down from both his executive and non-executive role in the company. Melczer became director of business development and investor relations at parent company Proton Power Systems in December 2010 and temporarily assumed the role of Proton Motor Fuel Cell’s CEO. (more…)
The UPS industry was supposed to be the fourth pillar of the German National Innovation Program Hydrogen and Fuel Cell Technology (NIP). Instead, the niche market considered to be an innovative force in the industry has yet to offer more than a glimpse into its possibilities. Industry network Clean Power Net (CPN) has tried to instill confidence by posting encouraging news articles (more…)
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