Fuel Cell

Pacific Fuel Cell Corp (PFCE) announced that it has acquired certain rights to a new Carbon Nanotube Membrane Electrode Assembly (MEA) for hydrogen and methanol fuel cells and has filed a provisional patent application in the name of the co-inventors. This new technology uses 75% less platinum while significantly exceeding the performance of current state of the art MEA's for direct methanol fuel cells.

by Debra Fiakas CFA Last week I was surprised to find FuelCell Energy (FCEL:  Nasdaq) on a list of companies registering a particularly bullish technical formation called an ‘Aroon’ indicator.  This measure that is designed to reveal stocks entering a new, decisive trend.  Shares of this fuel cell technology developer and producer had been in a steady decline through most of the year 2014, reaching a 52-week low price of $1.05 in January 2015.  However, since then FCEL has regained 27% from that low point. Source:  Stockcharts.com   The turn in fortunes seemed to...

by Debra Fiakas CFA In the last post on Hydrogenics, Inc. (HYGS:  Nasdaq) in April 2014, the stock seemed to be languishing on news of a potentially dilutive common stock offering.  At the time profits still seem illusive.  However, over the last few months circumstances have improved.  Shares of Hydrogenics have moved higher on the company’s recent introduction of a fuel cell power system for medium and heavy duty vehicles.  Additionally, in July this year Hydrogenics was chosen by Ontario as one of five grid storage projects.  This has turned HYGS into an interesting stock to watch. ...

Astris Energi Inc. (ASRNF) announced today that it had completed work on Freedom II, its second-generation golf car. The new, faster golf car is powered by Astris' recently completed 1.8kW, Model E7 AFC Generator, which gives Freedom II double the power and double the acceleration of the original model which was the world's first alkaline fuel cell powered golf car using hydrogen. You may wonder who cares about fuel cell golf carts? Well this technology can be applied to other industrial uses like fork lifts, electric wheel chairs, and other electric powered vehicles.

Forbes.com has an article about Mechanical Technology Inc (MKTY) micro fuel cell technology. They are currently providing the power source for Intermec Technologies hand-held RFID reader. There is also news from MKTY on this annoucement from the following press release link.

I purchased shares in Altair Nanomaterials (ALTI) this morning for both my personal portfolio and also the mutual fund. ALTI is a holding company that specializes in nanomaterials and also contains a life sciences division. The materials company has research in high performance batteries, fuel cells, and photovoltaics. Altair announced earnings today and the stock is up on the morning trading. Revenue Increases 68 Percent for Third Quarter and 230 Percent for Nine-Month Period "An increase in revenue of 230 percent for the first three quarters of 2005 is representative of the significant progress Altair has...

Solar Hydrogen Energy Corporation (SHEC) of Saskatoon, SK, Canada demonstrated a technology Monday in Tempe Arizona that can split hydrogen from water using solar energy input. The keys to the process are in a patent pending catalyst that facilitates the liberation of hydrogen from water in the presence of heat, and the patent pending solar collector collector that can hold the heat during brief intermittent sun situations often encountered by solar arrays.

For several years now the Department of Energy (DOE) has been urging the fuel cell community to solve a major problem in the design of solid oxide fuel cells (SOFCs): heat. Sossina Haile, an associate professor of materials science and chemical engineering at the California Institute of Technology, is an expert in fuel cells, and she has been whittling away at the heat problem for years. Now she and her colleagues have not only solved the problem, they've smashed it. They've brought the temperature down to about 600 degrees Celsius (1100 degrees Fahrenheit), while achieving more power output...

Mechanical Technology Inc (MKTY) announced that it has received two contracts to demonstrate energy density advantages and to quantify potential logistical advantages of its direct methanol micro fuel cells (DMFCs) and fuel refill systems for the United States Armed Forces.

Fuelcell Energy Inc (FCEL) announced that Tokyo Gas has initiated a program to evaluate a Direct FuelCell® (DFC®) power plant for introducing these units to customers of its energy and industrial gas divisions. The unit is currently located at Kawasaki Heavy Industries' factory in Akashi, Japan, where Tokyo Gas will evaluate the power plant under a variety of expected operating conditions focusing particularly on grid interconnection performance. Tokyo Gas has agreed to install this DFC300A power plant at its new R&D center in Tsurumi in the second quarter of 2006.

Ballard Power (BLDP) Chairman and Interim President and Chief Executive Officer, John Sheridan, was in Beijing, China today, along with representatives from Ballard's Alliance partner, DaimlerChrysler, and Chinese industry and government officials, to attend the launch of three Mercedes-Benz Citaro fuel cell buses. The buses, powered with Ballard® heavy-duty fuel cell engines, will enter revenue service in the city as part of a two-year demonstration project being led by the Chinese Ministry of Science & Technology, with support from both the Global Environment Facility and the United Nations Development Program. This is the latest in a series...

Plug Power Inc (PLUG) announced that the company intends to install two GenSite(TM) hydrogen generators under two recently awarded programs sponsored by the New York State Energy Research and Development Authority (NYSERDA). Plug Power will partner with award winner American Honda Motor Co., Inc., Air Products and Chemicals Inc (APD) and Homeland Energy to provide the refueling infrastructure necessary for fuel cell vehicles, including two Honda FCX's recently leased by the State of New York.

Plug Power Inc (PLUG) announced that its GenCore® 5T hydrogen fuel cell product is currently providing electricity for the holiday tree located in London at Trafalgar Square. The GenCore 5T fuel cell system is currently providing up to 5kW of power to the tree 24 hours a day. This year the lights only require approximately 4.5kW of power which is a significant reduction over last year due to the introduction of new low voltage bulbs that are more energy efficient.

Hydrogenics Corp (HYGS) announced that it has received orders to supply electrolysis-based hydrogen generator plants to two of China's largest energy companies. China Electric Power Energy Group and China National Power have each purchased a HySTAT-A Hydrogen Plant, capable of producing 10 Nm3/h of high purity hydrogen at a pressure of 25 bar. In both cases, the hydrogen produced will be used to cool the generators in a coal-fired power plant. Delivery of both orders is expected to take place in 2006.

Fuelcell Energy Inc (FCEL) reported a net loss for the fourth quarter of fiscal 2004 of $20.8 million or $0.43 per basic and diluted share, compared to a net loss of $15.4 million or $0.39 per basic and diluted share in the same period of the previous year. Net loss from continuing operations was $0.37 per basic and diluted share. Revenues for the fourth quarter of fiscal 2004 were $8.9 million compared to $7.3 million in the same period a year ago. Net cash used during the quarter was $17.0 million, which included $1.5 million used in our discontinued...

Honda Motor Co (HMC) announced the delivery of a Honda FCX, the world's most advanced hydrogen-powered fuel cell vehicle, to the city of Chula Vista. The city of Chula Vista will lease the vehicle for a period of two years and will operate the FCX on a regular daily basis as part of their normal operations. The FCX will be refueled at a publicly accessible hydrogen station already operated by the city on their property. The placement of this FCX in tandem with the public accessibility of hydrogen fuel expands the geographical range for some of Honda's existing...