Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Hill18. How big? See below courtsey of AndreaB -
Stationary fuel cells
several projects ongoing in the US, all looks well
so the red wave at CWR is difficult to understand
But then again, institutions will load up, and take shares off nervy punters, as always
27.1.21:
General Motors Co. (NYSE: GM) will use two Hydrotec fuel cell power cubes as the power plant replacing the RH Series diesel engine. Each power cube contains 300 fuel cells with thermal and power management systems.
Mobile hydrogen producer OneH2 will make the fuel by steam reforming of methane gas.
J.B. Hunt Transport Inc., a unit of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), will test the trucks on yet-to-be determined dedicated routes.
“After investigating all the alternatives, we are coming up with a model we believe can be highly successful, which is this decentralized way of distributing hydrogen at an affordable cost and enable a longer range for vehicles operating in long haul,” Navistar CEO and President Persio Lisboa said on a media conference call Tuesday.
Cummins partnership continues
Navistar recently announced a hydrogen fuel cell testing program with its longtime engine manufacturing partner Cummins Inc. (NYSE: CMI) to build a fuel cell truck for testing by Werner Enterprises (NASDAQ: WERN).
The addition of a hydrogen fuel provider distinguishes Wednesday’s announcement from Navistar’s earlier collaboration.
“It is probably the most-integrated solution in the market in North America,” Lisboa said.
“Hopefully it’s going to gain scale enough that it’s going to enable the nationwide infrastructure of hydrogen.”
Navistar is taking a minority financial stake in Longview, North Carolina-based OneH2. Lisboa declined to disclose the amount.
Coincidentally, Cummins said Tuesday its 20-megawatt proton exchange membrane (PEM) electrolyzer began generating green hydrogen in late 2020. The system at an Air Liquide hydrogen production facility in Becancour, Quebec, can produce more than 3,000 tons of hydrogen a year using hydropower.
Leapfrogging the competition?
Just as it did last fall in announcing a partnership with autonomous software startup TuSimple to bring a Level 4 autonomous truck to market by 2024, Navistar appears to be pushing to be a market leader in fuel cells.
Larger competitors Daimler Trucks and Volvo Group formed a joint venture last year aimed at building fuel cell trucks and stationary fuel cells for data centers by late this decade. Toyota (NYSE: TM) and Kenworth Truck, a PACCAR Inc. (NASDAQ: PCAR) brand, are testing a few Class 8 T680 models equipped with fuel cell stacks from Toyota Mirai passenger cars.
Startup electric truck maker Nikola Corp. (NASDAQ: NKLA) plans to have a couple of fuel cell trucks in testing with Anheuser Busch InBev S.A. (NYSE: BUD) in 2022. Nikola also plans to build a network of hydrogen fuel cell stations. Each station could cost $17 million, according to the compan
I cant buy these at the moment (H Lansdown)
There are short range applications where the battery approach could work eg large regional supermarket distribution centres have fleets that drive relativleyshort distances . They are going to known points ie suprmarkets where they could be topped up if required but many would be fine with a 200m range.
I dont see how it would work with long haul and providing charge points everywhere you see lorries parked up at night seems at best optimistic.
I would be interested in the approach North American producers/users adopt - much more long haul there . Very interesting to see how this plays out but i guess manufacturers like Scania are being forced to make their short term intentions on carbon alternatives clear now - can alwys modify/enhance those choices 5-10 years form now.
...and up another jump today lol
https://www.cnbc.com/2021/01/22/hamburg-hoping-to-repurpose-old-coal-plant-to-produce-green-hydrogen-.html
Not sure if this was picked up before. 100MW Electrolyser capacity station to be built in Hamburg using wind and solar power. Probably the first of many.
Antone have any idea why this shareprice is being managed downwards in a highly systematic manner?
Was 120p, now closing fast on 80p. Are we being set up for a takeover? (on the cheap)
We are having (another) impressive day !
Toneman - Agreed. There is a growing number of analysts noting that markets are due a correction of some kind. JUst not clear as to what will trigger it. Arguable that US markets have been defying gravity in the face of Covid but earnings have been much furhter ahead of estimates in significantly more companies that forecast.
Can that continue ? Will the Biden led US deliver both the vacinne response and implement the economic stimulus that would see a rapid recovery in the US economy and thereby avoid a major market drop? We will have a clearer idea of teh direction of travel within three months.
As to green energy -a global level tipping point is now behind us and successful non-carbon players will (are) displace carbon players. The medium term risk for companies like ITM are large scale Chinese entry and dominance as already evidenced in solar and wind tubine manufacture. Keeping ahead of that will become the important game.
Well Joe i guess you think it is over-priced.
BUT a reading of your posting history suggest that you think everything you post about is either
over-priced or
about to plummet
A pretty specific pattern there. SO why bother asking - just sell and ..........
hxxps://fuelcellsworks.com/news/ceres-power-and-honda-sign-new-joint-development-agreement-on-solid-oxide-fuel-cells/
Announcement of new Joint Develpopment Agreement with Honda
Garonne
The IIs are not spending large bundles of their clients money with the intention (or even the prospect) of losing it.
You should therefore see their buying as a massive boost of confidence in the business and its medium and long term prospects and performance.
When they have finished buying the price will
1) stop having the short term impact of large orders being filled
2) be more stable - and rise