by Hydrogeit | Mar 6, 2018 | Germany
The new head of Alstom Germany, Jörg Nikutta giving one of many interviews
Fuel cell offerings for rolling stock are gaining traction these days. The number of regions debating investments in fuel cell trains is steadily growing. During a Nov. 9 press conference last year, Alstom – Europe’s only supplier of rolling stock powered by the technology – held a press conference in Wolfsburg to boost demand even further. (more…)
by Hydrogeit | Oct 2, 2017 | Germany
Coradia ILint, © Alstom
The zero-emission future of the transportation sector has prompted an increasing number of energy policy debates on railroad electrification. At Hannover Messe, it was Alstom’s new fuel cell train that garnered much attention. After having been developed in less than two years, it had its first run in mid-March and will reportedly be used to transport passengers starting in 2018. (more…)
by Hydrogeit | Feb 6, 2017 | Europe, North America
Despite a higher-than-expected net loss of USD 1.9 million in the third quarter and only USD 6.7 million in revenue – down 30 percent from the same period the year prior – Hydrogenics could report a record USD 106.2 million in order bookings, of which USD 30 million should be realized within the next 12 months. One of the customers that had placed new orders was E.ON, and the integration of fuel cell stacks with trains and streetcars in collaboration with Alstom is turning out to be a success. (more…)
by Hydrogeit | Sep 6, 2016 | Germany, North America
Historical prices from June 15, 2016 © wallstreet-online.de
If one takes into account order bookings, collaborations, product developments and prospective markets, buying shares of fuel cell companies looks ever more promising. But the capitalization of the market leaders in fuel cells described in this article amount to a mere USD 750 million – a stark contrast to Tesla, the electric car pioneer, which has a market cap of USD 34 billion. These companies may very well get closer over the coming years, if Tesla gradually loses in value while fuel cell shares increase considerably in price. (more…)
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