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Viessmann shuts down Hexis

Viessmann shuts down Hexis

by | Jun 15, 2020 | worldwide

Galileo, Viessmann
Galileo at Hannover Messe in 2015

On March 19, German heating manufacturer Viessmann, based in Allendorf, announced it would shut down Hexis, its subsidiary in charge of developing SOFCs. The headline of the press release sounded rather innocuous: “Viessmann takes new path to implementing future-proof technology.“ However, in the third paragraph, the company then said it “will discontinue operations at Hexis.“

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Fuel cells to heat and power entire residential area

by | Mar 5, 2018 | Germany

Langweid am Lech is the first-ever place in Germany where residential fuel cells will meet all energy needs. Regional energy utility Erdgas Schwaben, based in Augsburg, has joined forces with developer Michael Dumberger and heating system supplier Viessmann to install Panasonic fuel cells in each of the 62 duplex and row houses under construction in a new residential zone. Another 43 will reportedly be part of a similar project in Mering. (more…)

Fuel cells to power entire residential area

by | Feb 1, 2018 | Germany

Langweid am Lech is the first-ever place in Germany where residential fuel cells will meet all energy needs. Regional energy utility Erdgas Schwaben, based in Augsburg, has joined forces with developer Michael Dumberger and heating system supplier Viessmann to install Panasonic fuel cells in each of the 62 duplex and row houses under construction in a new residential zone. (more…)

Tesla: Nothing More Than Visions?

Tesla: Nothing More Than Visions?

by | Oct 26, 2016 | North America

elon-musk

Elon Musk, © Tesla

With great fanfare, Tesla head Elon Musk announced what he had devised as a second masterplan. The corporation is not only to produce batteries for its Powerpack and Powerwall, but should also supply the added solar modules (takeover of sister company SolarCity is in progress). The new plan additionally includes aims to design several other electric cars – from trucks and smaller transport vehicles to buses. (more…)

Tesla Raises New Capital

Tesla Raises New Capital

by | Aug 17, 2016 | North America

elon musk

Elon Musk, © Tesla

Tesla CEO Elon Musk was as eloquent as ever when he raised the targets for the company’s electric car models: Instead of producing 500,000 electric cars (total figure, all models – i.e., Model S, Model X and Model 3) in 2020, the company should already achieve that number in 2018 and increase it to one million in 2020. One can question whether these targets will become reality, as they require even more large infusions of cash, making additional capital increases inevitable. And this although Tesla has just recently sought more money (more…)