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A quiet, clean way to waste collection

December 14, 2020December 13, 2020 by Hydrogeit

Electric trash trucks in high demand

Trash trucks are a bit of a standout among specialized vehicles, since they require energy for both powertrains and hydraulic systems. Fuel cells have long been known to be a very good fit for these trucks, allowing efficient, low-noise operation in residential areas. In 2011, Faun Umwelttechnik delivered a trash truck outfitted with a fuel cell-powered loader to Berlin‘s waste management company BSR (see HZwei, October 2011). This August, the company announced that after putting a second prototype to the test, it was now ready to bring the vehicle to market.

Balancing act between commercialisation and project business

January 16, 2020July 31, 2020 by Hydrogeit

The new Fuel Cell Industry Review 2019 withmarket data and analyses was published in January 2020. Since 2014, E4tech’s team has been contacting fuel cell companies worldwide to build it, aggregating their supply figures and creating an independent annual reference point on the current state of the fuel cell industry. Some excerpts are presented below.

FuelCell Energy – falling shares present new opportunities

January 18, 2018January 22, 2018 by Hydrogeit

FuelCell Energy’s shares have experienced a sharp drop for seemingly no reason. It may have been a tactic intended to push down the price, for example, to profit via short sale in anticipation of the fall and convert warrants later. That is pure speculation, of course, but people say these things have happened before. In any case, the most recent investment decisions seem to be an unmistakable sign that institutional investors believe in the company’s prospects and its technology.

Rising Fuel Cell Demand

December 1, 2017December 1, 2017 by Hydrogeit

H2-international has recently asked manufacturers of fuel cell stacks not only about their systems’ technical specifications, but also about their opinion of current market developments. As only seven companies participated in the survey, the results may not be very indicative of where the entire market is heading. However, you can discern a few trends.

Ride on a Fuel Cell Train

October 2, 2017October 17, 2017 by Hydrogeit

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.

Plug Power – USD 130 Million Revenue in 2017

May 3, 2017May 4, 2017 by Hydrogeit

The minus USD 0.11 per share was a much higher loss than the USD 0.06 that had been anticipated. The adjusted EPS is said to be at USD 0.08 per share. The company’s revenue increased to USD 32.6 million in the final quarter of 2016 – while USD 34.8 million had been expected. The net loss attributable to common shareholders (incl. large extraordinary items) added up to USD 57.6 million at USD 85.9 million in revenue. This fiscal year, GAAP revenue is expected to grow to USD 130 million. Where does the company go from here? The focus of Plug Power (NASDAQ: PLUG) is the materials handling market, and it’s doing well on it regarding customers and bookings.

Ballard: Japan’s 2020 Hydrogen Society

February 6, 2017February 8, 2017 by Hydrogeit

Foshan-Feichi-China-web — Fuel cell bus production at Foshan Feichi, China, © Ballard

A new megatrend needs time to develop. The last 15 years established the foundation for the coming breakthrough of fuel cells and a steadily growing interest in their use. Here’s why: Historically, technological revolutions often needed 15 years before a breakthrough was achieved. But once you’re past that point, everything goes very quickly, since no market actor wants to remain on the sidelines. This is exactly what’s happening to the fuel cell across all markets and applications.

H2IntraDrive – Testing Industrial Fuel Cell Trucks

April 4, 2016April 4, 2016 by Hydrogeit

Linde-MH_Leipzig_Refueling — Quick H2 refill, © Linde MH

The presentation of the results of the H2IntraDrive project was not a sales event or press conference – it was both. On Nov. 23, 2015, the project partners as well as representatives of prospective new partners and some reporters gathered in the BMW factory in Leipzig to take a look at the results of two years of development. The important thing to take away from the event was:

2016 – The Year After Break-Even

February 4, 2016December 1, 2016 by Hydrogeit

fuel-cell-shares — © www.wallstreet-online.de

The fuel-cell companies quoted on the stock exchange have used 2015 perfectly to strengthen their market positions. These efforts have resulted in more orders, improved balance sheets, increased capital and some very important strategic collaborations as well trendsetting product developments. This lets us conclude for 2016 that probably most of these companies – if not all – will be able to become cash-flow positive or even generate sustainable profits after many years of preparing for this moment.

Plug Power takes over HyPulsion

November 5, 2015 by Hydrogeit

The HyPulsion joint venture has now been owned in full by Plug Power since August 2015. As announced by the American (USA) company on July 27th 2015, it has acquired all of the shares in its former partner Axane, a subsidiary of the gases company Air Liquide. The New York-based manufacturer of fuel cells paid US-$ 11.5 m. for 80 % of the shares. In 2012, Plug Power and Axane joined forces to form HyPulsion, primarily with the goal of kick-starting the market for fuel cell forklift trucks. Andy Marsh, managing director of Plug Power, made the following comments: “We are now moving ahead with optimism to extend our presence in the European materials handling market. […] I am pleased that our collaboration with Air Liquide for the further development of the hydrogen sector in Europe is continuing.”