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...
Biogas as a source of hydrogen

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),...

Hydrogenics Supplies Hydrogen Generator to Russian Utility

Hydrogenics Corp (HYGS) announced that the company has supplied an onsite electrolysis-based HySTAT-A Hydrogen Plant to OAO NSCHK, a state-owned utility in Novorsibirsk, Russia. The high-purity hydrogen produced by the 240Nm3/hr hydrogen generator will be used in the chemical processes used in this nuclear power plant. Installation and commissioning is scheduled for Spring, 2006.

How the Hydrogen Economy Works

One of the major movers in the Alternative Energy sector are stocks that pertain to Hydrogen production and conversion into energy. You can learn more about the Hydrogen economy at the excellent How Stuff Works website using the following link: How the Hydrogen Economy Works.

List of Fuel Cell Stocks

Fuel cell stocks are publicly traded companies whose business involves fuel cells, devices for efficiently converting the energy in a fuel (often hydrogen) directly into electricity by chemical means, without combustion. Applications include road transport, large-scale energy storage and short-haul transport such as forklifts. This list was last updated on 7/7/2020 AFC Energy (AFC.L) Ballard Power Corporation (BLDP) Bloom Energy Corporation (BE) Cell Impact AB (CI-B.ST) Ceres Power Holdings PLC (CPWHF) Enova Systems (ENVS) FuelCell Energy (FCEL) Impact Coatings AB (IMPC.ST) ITM Power (ITM.L) McPhy Energy SA (MCPHY: PA) myFC Holding AB (MYFC.ST) Neah Power Systems (NPWZ) Nikola Corporation (NKLA) Plug Power (PLUG) PowerCell Sweden AB (PCELL.ST, PCELF) Proton Power Systems (PPS.L) SFC Energy AG (F3C.DE) Umicore S.A....

Enbridge, Hydrogenics partner for utility-scale energy storage for renewables

Tyler Hamilton Oil and gas pipeline giant Enbridge Inc.(ENB)  has invested $5 million in Mississauga, Ont.-based Hydrogenics (HYGS), a leading maker of proton-exchange membrane fuel cells and electrolysis systems for producing hydrogen gas from water. Gotta say, I wasn’t expecting this announcement. I know Enbridge has invested in fuel-cell technology before, and I know it has purchased hundreds of megawatts of solar capacity, operates wind farms and is dabbling in geopower. And yes, it has invested some money into Toronto-based Morgan Solar. What surprises me about...
Hydrogen

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 7/15/2020. AFC Energy (AFC.L) Ballard Power Corporation (BLDP) Bloom Energy Corporation (BE) Cell Impact AB (CI-B.ST) FuelCell Energy (FCEL) Hazer Group Limited (HZR.AX) HydroPhi Technologies Group, Inc. (HPTG) HyperSolar, Inc (HYSR) ITM Power PLC (ITM.L) 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 Fuel Systems (QTWW) Xebec Absorption (XBC.V or XEBEF) If you know of any hydrogen stock that is not listed here...

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. ...

Interview: Ted Hollinger of Hydrogen Engine Center

The following is an interview with Ted Hollinger, President of Hydrogen Engine Center. In a nutshell, what is Hydrogen Engine Center’s (HEC) main technology and what are its principal applications? Development of proprietary electronic controls and other technologies to allow for the use of hydrogen and other gaseous fuels for the generation of power. These technologies have applications in many areas, including but not limited to the distributed power industry, airport ground support, co-generation with certain manufacturing processes, buses, marine engines and agricultural irrigation pump systems. One of the main drivers you identify as necessary...

Hydrogen Fuel Is Not Dead

John Lounsbury With the furor over the potential for hybrid, plug-in hybrid and all-electric cars recently, one might think the hydrogen car was dead. Nothing could be further from the truth. Feasibility at an affordable price appears to be established and market availability of hydrogen powered cars may come sooner than you think. Many issues remain to be addressed and this article will try to cover them. The problems to be overcome are not insurmountable, but are also not trivial. These problems include the economics of hydrogen production, transportation, distribution and...

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.

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...

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...
McPhy

McPhy: Growing With Hydrogen

by Debra Fiakas, CFA Hydrogen system developer McPhy Energy SA (MCPHY: PA) recently reported impressive sales growth in the first half of 2019  -  23% higher than last year.    Sales were boosted by delivery of a refueling station in Houdain, France for a bus operation that is 100% powered by hydrogen.  New orders for projects in Germany, Bangladesh and Switzerland will keeps the company busy in the month ahead installing additional hydrogen fueling stations and electrolysis equipment for hydrogen production. Despite the success, McPhy has not achieved profitability.  Thus the company remains dependent upon financing to support operations.  In 2017, the company secured an equity sales agreement with Kepler...

Hydrogen in Oil’s Back Yard

by Debra Fiakas, CFA As well derricks cast oily shadows across the landscape, Air Products and Chemicals, Inc. (APD:   NYSE) has installed Saudi Arabia’s first hydrogen fueling station.The set up is tucked safely into APD’s new technology center in a science park, but the significance of this incursion into oil and gas country can be felt across the region.The fueling station, which incorporates APD’s SmartFuelhydrogen fueling technology, will service six Toyota Mirai fuel cell electric vehicles. Undertaken in cooperation with Saudi Aramco, the project is intended to demonstrate the potential for hydrogen as transportation fuel. Hydrogen has potential advantages over conventional fuels, including Saudi Arabia’s oil and...

Bush’s State of the Union

"America is addicted to oil, which is often imported from unstable parts of the world" Thanks to Mr. Bush's state of the union address last night, we should see some nice gains across the board in the Alternative Energy sector. Some of the big winners may be the Ethanol companies like Archer Daniels Midland (ADM) and Pacific Ethanol, Inc. (PEIX). The EnergyStockBlog.com has a nice write up on the potential for ADM. GreenCarCongress.com has a nice summary of the important parts of the speech. In his State of the Union 2006 address, President...