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This is an extract from the Telegraph,
This is what is happening today. If you want a futuristic leap, try the new hydrogen paste unveiled by Germany’s Fraunhofer Institute. They have found a way to make the gas safe, portable, and energy-dense. “It stores hydrogen in a chemical form at room temperature and atmospheric pressure,” said project leader Marcus Vogt.
You insert a cartridge of paste into your car. A plunger squirts out a dose and that mixes with water to produce hydrogen for the fuel cell, and runs the vehicle. A single fill potentially has longer mileage than a full tank of petrol.
Production starts this year. If it lives up to promise, Europe, China, and America may start to have second thoughts about their vast bet on electric vehicles, and the Japanese may run away with the hydrogen prize. Volkswagen’s Herbert Diess said this week that hydrogen cars defy physics and can never compete, as well he might after gambling €30bn and his company’s future on the EV duel with Tesla. Doth he protest too much.
Tech and green stocks look to be following the Nasdaq, which was up yesterday after a one month down trend and it's presently up +4.08% so PHE should be positive tomorrow. Biden is handing out $1,300 to each American as part of his stimulus package so we can expect the Nasdaq to reach record highs , this should see us through to first flow of orders . I would keep some powder dry in case the markets crash next year.
I've not seen this posted,
EVRE.LTRMK.MM
MOSCOW, March 1 (Reuters) - Russian steel producer Evraz
EVRE.L says:
* Has agreed to supply TMK with billets for seamless pipes
in
2021–2022;
* Over these two years, Evraz's NTMK will deliver more than
160,000 tonnes of rolled pipe billets to TMK;
* The billets will be mainly supplied to TMK's Sinarsky Pipe
Plant.
Further company coverage: EVRE.L
(Reporting by Moscow Newsroom)
((Polina.Devitt@thomsonreuters.com))
RTRS
Telephoneman, I think that it would be a good idea if we did receive a refund for the components and use the funds to fast track other projects. I think that we should be due news from JVs in Australia if we are to take advantage of the 50% grants from the goverment, the offer is shortly to expire unless it's been extended, we get paid on the amount of hydrogen sold as opposed to a licencing fee.
Extract- Plug Power’s market capitalisation — about 80 times Capital IQ’s estimate for its 2021 revenue — has outrun its intrinsic value, even looking at the most optimistic future scenarios for the hydrogen fuel sector. He compares Plug Power’s position today with Microsoft’s position in 1999: even though Microsoft remained a leader in the tech sector following the dotcom crash, it took more than a decade for its shares to recover.
But the stock’s bulls bet that if the world does shift towards hydrogen fuel for core economic activities such as shipping, big gains are to be had.
“[Plug] has the opportunity to be a very large company on the order of $100bn-plus in market cap.” said Oppenheimer’s Rusch. “And so that’s what people don’t want to miss. They don’t want to miss Tesla again.”
People are saying that PHE is overvalued but an article in the FT refutes this, clearly PHE compared to other renewable companies is massively undervalued.
https://www.ft.com/content/0a3d0af8-7092-44c3-9c98-a513a22629be
or google, Green Bubble stocks
PHE is up 19% on the Frankfurt borse 10p
https://www.boerse-frankfurt.de/equity/powerhouse-ener-gr-ls-005
Dec 17th 2020, this is an interesting article especially if your into facts and figures
https://oilprice.com/Energy/Energy-General/Hydrogen-Production-Is-Set-To-Increase-5000-In-Just-5-Years.html