Truly added value

Interview with Katherina Reiche, National Hydrogen Council president

Katherina Reiche
© Westenergie

After 17 years representing the Christian Democrats in the German Bundestag, Katherina Reiche took on a high-level job at the environment ministry in 2009. Four years later, she held the same position, albeit with the transportation ministry. Then it was time to move on. Between 2015 and 2019, she was lobbyist for and chief executive of the Association of Municipal Corporations – VKU. In January 2020, she became head of Westenergie and in summer 2020, she was elected chairwoman of the National Hydrogen Council. H2-international spoke with the Brandenburg native about her career and future goals.

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United States extends fuel cell funding

The United States Congress has restored the 30 percent investment tax credit for fuel cell power generation and forklifts, extending it through 2022, with a reduction in the final two years. The credit would be 26 percent in 2021 and 22 percent in 2022. This brings the fuel cell incentive in line with incentives for other advanced and renewable energy technologies.

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Tesla’s Many Areas Needing Improvement – SolarCity Takeover

Tesla-logo-webThe persuasiveness of Tesla head Elon Musk resulted in more than 90 percent of Tesla and SolarCity shareholders following his recommendation and approving the takeover of the latter. Now, Tesla will expand its electric car portfolio by offering solar roofs. The impact of the merger on Tesla’s financials will show as early as the fourth quarter of 2016, when SolarCity’s results are added to the corporation’s balance sheet. The most important factor is the around USD 3 billion in debt.

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