Hydrogenics Awarded Contract by Gas Natural to Deliver Hydrogen Station to Spanish Wind Farm
Hydrogenics Corp (HYGS) announced that they have been awarded a contract for over EUR 500,000 to deliver a hydrogen station to Gas Natural SDG, a Spanish-based energy services multinational with approximately ten million customers in Spain, Latin America, Italy and France (www.gasnatural.com). Gas Natural will use a Hydrogenics' HySTAT(TM)-A Hydrogen Station at the Sotavento Galicia wind farm to produce up to 60 Nm3/hr of hydrogen. The hydrogen will be used to fuel an internal combustion engine generator, which in turn will supply electricity to the electric grid.
Ballard Terminates Azure Hydrogen Licenses; Can It Find A Better China Partner?
by Debra Fiakas CFA Before the open of the first trading day of 2015, fuel cell developer Ballard Power Systems (BLDP: Nasdaq) announced the termination of technology licenses to Azure Hydrogen, which was to have been Ballard’s introduction to the China market. The license agreements covered the sale of Ballard’s bus power module and telecom backup power system. Ballard has charged Azure with breaching the agreements and the two companies have apparently not been able to come to alternative terms. Azure had made sales in the China and not all of the equipment had been paid. ...
There’s Hydrogen In That There Biogas
I don’t suppose that anyone actually dreams of hydrogen, but in the bio-economy there just isn’t quite enough of it and we read about it and sometimes think about it so much that we might as well be dreaming about it.
For those newer to the field, one of the problems of using biomass to make a fuel is that a carbohydrate contains around 53% oxygen by weight and needs about 16% more hydrogen that it contains to make a hydrocarbon fuel. That’s one of the reasons that biofuels are often esters (such as biodiesel) or alcohols (such as ethanol),...
Earnings Roundup: Metals Prices Boost Covanta and Umicore
By Tom Konrad, Ph.D., CFA
You don’t have to own mining companies to benefit from rising metals prices.
This is a roundup of first quarter earnings notes shared with my Patreon supporters over the last week. Waste to energy operator Covanta and specialty metals recycler Umicore are both benefiting from skyrocketing metals prices.
Just as renewable energy and energy efficiency stocks have long shown that investors don’t have to own fossil fuel companies to benefit from rising prices of fossil fuels, recyclers like Covanta and Umicore are showing that you don’t have to own environmentally damaging mining companies to benefit from rising...
Maxwell Technologies Provides Ultracapacitors for General Hydrogen
Maxwell Technologies (MXWL) announced that General Hydrogen Corporation, a leading developer of hydrogen fuel cell-based power systems for electric forklifts, has placed a 200,000 unit, three-year, purchase order for BOOSTCAP® ultracapacitors to enhance performance and energy management in its Hydricity® Pack technology. The purchase order is part of a strategic supply agreement through which General Hydrogen will source ultracapacitors exclusively from Maxwell and receive strategic pricing if volume thresholds specified in the purchase order are reached.
Hydrogenics Delivers US$ 1.5 million HySTAT Hydrogen Generator to North American Nuclear Power Plant
Hydrogenics Corp (HYGS) announced today that it delivered a HySTAT(TM) Hydrogen Plant in December to a North American nuclear plant. The high-purity hydrogen generated is being used to prevent corrosion and extend the life of stainless steel tubes in the nuclear reactor as part of an upgrade for the purpose of renewing the plant's operating permit. The hydrogen generator in this application consists of two HySTAT-A electrolyzer modules, each capable of producing 33Nm3/hr of hydrogen further demonstrating the scalability of Hydrogenics line of hydrogen generation products.
PEM Electrolyzers – Cracking the Chicken and Egg Problem
by Ishaan Goel
The first article in this series introduced two prominent types of water electrolyzers – alkaline electrolyzers (ALKEs) and polymer electrolyte membrane electrolyzers (PEMEs). Electrolyzers are devices that convert water into hydrogen and oxygen using electricity. They enable energy storage through hydrogen when combined with fuel cells, and can decarbonize hydrogen production for industry if supplied with renewable power. Subsequent articles shall focus on various characteristics of these two electrolyzer variants.
The graph above shows the investment costs ($/kW) of PEMEs and ALKEs as the technology has advanced over time. In other words, they show the initial capital cost...
Hydrogenics: New Capital, New Orders
by Debra Fiakas CFA Hydrogen technology developer and fuel cell producer Hydrogenics, Inc. (HYGS: Nasdaq) closed out last year ‘following on’ with new capital and new fuel cell orders. The company staged a public sale of its common stock through what is frequently referred to as a ‘follow on’ offering, coming along as this one did some years after the company’s initial public offering. The pricing of these new shares of common stock was ‘followed’ quite closely by announcement of a new order for Hydrogenics fuel cells by a forklift manufacturer in North America. The appearance...
Brilliant Light Power – Commercialization Status
by Daryl Roberts
A potentially paradigm-shifting technology has been under development at an R&D firm in NJ called Brilliant Light Power. For people monitoring the situation, the question currently is about the status of commercialization. It is not a publicly held firm, but is in mid-stages of private equity capitalization in the range of $100-120M.
I recently read a book titled "Randall Mills and the Search for Hydrino Energy", offering a detailed and compelling history of the development of this novel renewable energy technology, authored by an insider, an intern who stayed on to work there for several years (published in...
List of Hydrogen Stocks
Hydrogen stocks are publicly traded companies whose business involves the use of hydrogen as energy storage or a transportation medium. See also fuel cell stocks.
This list was last updated on 8/27/2021.
AFC Energy (AFC.L)
Ballard Power Corporation (BLDP)
Bloom Energy Corporation (BE)
Cell Impact AB (CI-B.ST)
Defiance Next Gen H2 ETF (HDRO)
FuelCell Energy (FCEL)
Fusion Fuel Green PLC (HTOO)
Green Hydrogen Systems A/S (GREENH.CO)
Hazer Group Limited (HZR.AX)
HydrogenPro AS (HYPRO.OL)
HydroPhi Technologies Group, Inc. (HPTG)
HyperSolar, Inc (HYSR)
Hynion AS (HYN.OL)
ITM Power PLC (ITM.L, ITMPF)
MagneGas Corporation (MNGA)
McPhy Energy SA (MCPHY.PA)
myFC Holding AB (MYFC.ST)
Nel ASA (NEL.OL)
Nikola Corporation (NKLA)
PowerCell Sweden AB (PCELL.ST, PCELF)
Plug Power (PLUG)
PowerHouse Energy Group plc (PHE.L)
Proton Power Systems (PPS.L)
Quantum...
Making Hydrogen From Ethanol
by Debra Fiakas CFA Cars powered by fuel cells or batteries are only as clean as the electricity used to produce the power source. Proponents of hydrogen fuel cells argue that fuel cells have an edge over batteries, because hydrogen can ultimately be made cleaner with innovations in hydrogen production. Steam reforming of natural gas is the most common source of hydrogen and for the most part it is still the most cost-effective process for large-scale production of hydrogen. Since ethanol is a renewable resource, the steam reforming of ethanol has been proposed by some as...
Hydrogenics Corp: Splitting Water
by Debra Fiakas, CFA Most investors, if they have heard of Hydrogenics Corporation (HYGS: Nasdaq) at all, consider them a fuel cell producer. However, about two-thirds of the company’s revenue comes from the design and manufacture of hydrogen generation products based on water electrolysis technology - a somewhat unique, but valuable electrochemical technology that could make important contributions to the world’s future energy base. Electrolysis or the splitting of water molecules using an electric current produces hydrogen and oxygen - two elements that have market potential in a variety of industrial and power markets. It stands in...
The Many Shades of Hydrogen
by Ishaan Goel
INTRODUCTION
In 2020, hydrogen shot to the forefront of the renewable energy conversation, with stakeholders making major investments in its growth. The European Union has allocated nearly EUR 400 billion to hydrogen within its Covid-19 recovery package, to ramp up production capacity ~150 times by 2030. Globally, hydrogen production projects under development have nearly tripled (by capacity) with several firms announcing ambitious gigawatt-scaled ventures.
The appeal of hydrogen stems from its excellent capabilities as both an energy carrier and storage medium. Beyond its extensive usage in high-temperature industrial processes and manufacturing, it shows potential in areas that have proven...
Investors Push The Hydrogenics Reset Button
by Debra Fiakas CFA Last week shares of Hydrogenics Corp. (HYGS: Nasdaq) took a steep dip down. Earlier in the week the company filed a shelf registration statement to raise up to $100 million in new capital over the next two years. Then before the last day of trading began the company issued new guidance for the year 2014, suggesting weaker sales in the first quarter than previously expected but reaffirming expectations for the full year. The statement replaced an earlier shelf registration statement for a $25 million capital raise. The filing came as no surprise to...
Hydrogenics Receives $3.3 Million Order for On-site Hydrogen Generation Plant from Major Energy Company
Hydrogenics Corp (HYGS) announced it was awarded a contract, valued at approximately $3.3 million, to supply a HySTAT(TM)-A Hydrogen Plant to a major North American oil and gas refinery for installation in 2007. The high purity hydrogen generated by the HySTAT-A Hydrogen Plant will be used by the refinery to reduce the sulfur content in diesel fuel in compliance with EPA regulations.
Hydrogen Stocks More Than Double In 2013: Why The Pros Missed The Ride
Tom Konrad CFA Hydrogen Photo via BigStock If you hadn’t noticed that hydrogen stocks are up an average of 131% so far this year, you’re not alone. Both hydrogen fuel cell stocks and hydrogen fuel systems stocks are up strongly. Plug Power (NASD:PLUG), a maker of hydrogen fuel cell systems for off-road vehicles is up 122% year to date. Ballard Power Systems, Inc. (NASD:BLDP), which makes hydrogen fuel systems for a wide variety of applications is up 133% so far this year, and 149% from its...
