Dr. Johannes F. Kirchhoff at Enginius – with the CityPower in the background
The kickstart for Enginius could hardly have turned out better. On May 16th, 2022, Faun Umwelttechnik GmbH & Co. KG introduced its new brand to the public in Bremen, and only two weeks later, the vehicle manufacturer from Niedersachsen was presented the first ever H2Eco Award during Hannover Messe. At the same time as the industrial fair, the subsidiary of the Faun Group also made a splash at IFAT 2022, the world-leading trade fair for environmental technologies, in Munich from May 30th to June 3rd. (more…)
Bloom Energy gained its South Korean customer and corporate partner of many years, SK ecoplant, as a shareholder and, thanks to the existing good working relationship, has even bagged a USD 4.5 billion order – for hardware and software and also service revenue – for 500 megawatts for the time being. This order should only be the start though and so ought to have further potential. SK ecoplant, part of the SK Group, is the largest energy corporation in South Korea and is planning to invest multiple billions in fuel cells and hydrogen, said to be about USD 25 billion. (more…)
Bloom Energy performed strongly in recent months, rising from USD 10 to over USD 19 until it was time for profit-taking. As expected, the stock is beginning to catch up to other fuel cell shares. Plus, Bloom [NYSE: BE] has formed a joint venture with Samsung Heavy Industries to come up with SOFC solutions for cargo vessels and tankers. The venture is regarded as a research partnership aimed at developing technologies Bloom wants to bring to market starting in 2022, with yearly production capacities of 300 megawatts.
Not only has the second generation of Hyundai’s fuel cell car been unveiled earlier than expected, the price has already been set as well. The first event featuring the Next Gen Fuel Cell was moved up half a year and took place in mid-August in South Korea’s capital Seoul. The car scheduled to hit the market in early 2018 will cost EUR 54,000 (USD 62,712) outside South Korea (more…)
The RD&D activities of the industry and the public sector have successfully established a global market for hydrogen and fuel cells. There is growing consensus about the importance of these clean energy carriers in transportation and several manufacturing segments. Countries such as Germany, Japan and the United States – and organizations such as the European Commission – have been spearheading efforts in research, development and demonstration technologically and politically to show how sustainable and reliable these resources really are. (more…)
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