Hydrogenics – Cummins Engine acquires the company

The topic of hydrogen and fuel cells is also becoming increasingly hotly debated on the stock exchange.

The topic of hydrogen and fuel cells is also becoming increasingly hotly debated on the stock exchange. The takeover of Hydrogenics, the Canadian frontrunner in fuel cell systems for trucks and rail vehicles as well as for electrolysers, by the US company Cummins Engine, should make people sit up and even trigger a wave of further takeovers or participations of listed companies in the industry.

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Fuel cell workhorses in heavy-duty applications

E-Trucks
Fuel cell garbage truck, © E-Trucks

The hydrogen and fuel cell units deployed in heavy-duty applications have been mostly test systems for onboard energy supply. Even those systems are far from being finished products. The shared opinion among research and development laboratories is that the technologies could be used to power cars and trucks, but only up to a certain weight or load.

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Electrolyzer Manufacturers Stake Their Claims

M-Series
M Series, © Proton OnSite

There has been quite an interest in energy storage recently. And as ever more power-to-gas systems have been popping up all over Germany, project planners are increasingly turning their attention to the key elements found on-site: electrolyzers. These electrochemical units to create hydrogen have been around for a long time.

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