Nuvera Delivers Fuel Cell System to Toro
Privately held Nuvera Fuel Cells, Inc., based in Italy, announced it has delivered an H2e(TM) power module to The Toro Company. Toro plans to evaluate Nuvera's hydrogen powered fuel cell system for its potential use in professional grounds and turf care equipment. Nuvera is developing hydrogen fuel cell power modules for the industrial vehicle and equipment market. Toro is assessing fuel cell technology as an emerging energy alternative that is clean, quiet, and reliable power for different types of grounds maintenance equipment. I can't wait to ride my new fuel cell powered lawn tractor.
Manhattan Scientifics Receives Micro Fuel Cell Patent in Japan
Manhattan Scientifics Inc (MHTX) announced that it has received its first micro fuel cell patent in Japan. Marvin Maslow, CEO of Manhattan Scientifics, said, "Though our micro fuel cell is not yet commercially feasible, we continue our effort to complete the development. Our goal is to create future revenue as a result of ownership of key protective patents. Earlier this year micro fuel cells were everywhere. You saw articles in tech magazines, gadget websites, and slashdot. There has been very little news about it recently. It seems that all the big ticket energy producers have taken...
FuelCell Energy Beats Earnings Estimates
Fuelcell Energy Inc (FCEL) reported 4th Quarter earnings of a net loss of $0.40 per share. This is $0.02 better than estimates. However the revenues for the year are 10% less than expected. The focus for the next year is continue to penetrate into markets where they currently have business. FuelCell Energy and its distribution partners continue to penetrate repeatable markets worldwide. The Company believes initiatives already underway establish a strong platform for heading into Fiscal Year 2006. In developing repeatable markets, the Company has installed or in backlog approximately 23 megawatts that extend across key industry...
FuelCell Energy and Capstone Achieves Record in Electrical Efficiency
Fuelcell Energy Inc (FCEL) and Capstone Turbine Corp (CPTC) announced that its patented Direct FuelCell/Turbine® (DFC/T®) achieved a record-setting performance establishing a mark of 56 percent electrical efficiency in the sub-megawatt (sub-MW) class for 800 continuous hours during initial testing. This significantly exceeds the electrical efficiency of other distributed generation technologies of similar size. For example, gas engines have an electrical efficiency of 30 to 42 percent, low temperature fuel cells have an electrical efficiency of 30 to 35 percent and microturbines have an electrical efficiency of 25 to 30 percent. I always love when...
FuelCell Energy Introduces Modular Sub-Megawatt Direct FuelCell Power Plant
Fuelcell Energy Inc (FCEL) announced it has successfully incorporated design changes to the 250-kilowatt (kW) Direct FuelCell® (DFC®) power plant resulting in a 25 percent cost reduction as previously announced. This is part of FuelCell Energy's rolling three-year cost-out program that targets a 20-25 percent cost reduction per year. In addition to reduced capital costs, the DFC300MA power plant the new name for the sub-megawatt unit is expected to result in lower routine maintenance expenses thanks to its modular three-piece design. This modular architecture, with separate skids for the mechanical balance of plant, electronic balance of...
Fuel cell scooter gets investment partner
Plans to produce the first consumer-ready fuel cell scooter got a significant boost Thursday when Parker Hannifin Corp., which makes industrial and aerospace systems and products, said it is investing in Vectrix Corp., a maker of electric scooters. Parker already had a 50% ownership stake in the company back in March of 2003. The terms of this new investment have not been disclosed. The Vectrix scooter was last mentioned here during its debut back in August.
MTI Micro Receives Certification Agency Approval For Shipment of Methanol Fuel Cartridges
Mechanical Technology Inc (MKTY) announced today that it has received United Nations (UN) Packaging Certification and is now in United States Department of Transportation (DOT) Compliance for shipment of its methanol fuel cartridges, supporting its initial product launch planned by year-end. With this UN and DOT recognition in place, authorized shippers can now conveniently transport MTI Micro's fuel refills by ground, sea and air, both domestically and internationally. "MTI has emerged as a leader in the development of safe and reliable methanol fuel cartridges and packaging," said John Lynn, President and CEO of the Methanol Institute, the global...
Hydrogenics to Supply Hydrogen Refuelling Station to Basin Electric for Wind Hydrogen Project
Hydrogenics Corp (HYGS) announced that the company was awarded a contract by Basin Electric Power Cooperative, to supply an electrolyzer-based hydrogen refuelling station for installation in Minot, N.D. In addition to the core electrolyzer module, Hydrogenics is supplying compression, storage and dispenser equipment as part of the contract. The station is one of the first United States-based hydrogen fueling stations to use electricity from a wind power resource to produce hydrogen from water, in this case using electricity generated by wind resources either owned or contracted by Basin Electric. The hydrogen produced will be used to refuel hydrogen-powered...
Contrarian Opinion on Alt Energy Stocks from Motley Fool
Rich Smith, writer for the Motley Fool, has written an article with a contrarian opinion about investing in alternative energy stocks. Specifically he refers to the Fuel Cell stocks. "The old test of a person's optimism is to show him a glass of water, filled to 50% of capacity, and ask whether it is half empty or half full. Shown such a glass, I have full confidence that investors in hydrogen fuel-cell pioneers such as Plug Power Inc (PLUG), Ballard Power (BLDP), or Fuelcell Energy Inc (FCEL) would declare the glass half full." While he rails...
Canadian Group Produces Hydrogen from Water Using Solar Energy
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.
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...
Astris pilot production facility on schedule
Astris Energi Inc. (ASRNF) reports that construction of phase one of the pilot production plant designed to produce the new alkaline fuel cell POWERSTACK(TM) MC250 is on schedule. The pilot production plant is being built in the Czech Republic and should be complete within two weeks with production trials planned for September.
SFC Energy: Growing Remote Power
by Debra Fiakas CFA Fuel cell developer SFC Energy, A.G. (F3C.DE) recently came calling on money managers in New York City. The company’s chief financial officer Steffen Schneider wants U.S. investors to know SFC has more going for it than simple fuel cells. True enough the company sells fuel cell components, but it is also capable of delivering complete off-grid energy solutions and integrating full systems. Schneider talks up SFC’s sterling customer list, including Volkswagen, Siemens, Schlumberger, Shell Oil, Arch Coal, Conoco-Phillips, and other industrial users. Then there are government agencies such as NATO, the FBI in...
U.S. Army Unveils MP HYBRID Vehicle Platform at SAE 2005 World Congress
The U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC)'s National Automotive Center (NAC), in conjunction with Quantum Fuel Systems Technologies Worldwide Inc (QTWW) and California Motors LLC, today unveiled the MP Hybrid vehicle platform at the Society of Automotive Engineers (SAE) 2005 World Congress. The MP Hybrid is a modular, easily configurable light duty vehicle platform designed to support a variety of homeland defense, military and commercial missions. This dual use military/commercial platform will reduce overall costs by providing a common base system and maximum commonality of other non-automotive components required to meet mission needs. ...
‘Power Engineering’ Magazine Reports On-Site Hydrogen Units Cool Generators Better, Producing Large Cost Savings
Distributed Energy Systems Corp (DESC) is highlighted in the current issue of Power Engineering, a leading electric utility industry publication. The article, entitled, "On- Site Hydrogen Production Means More Than Convenience," gives background on the efficiencies and cost savings that are driving growing power plant industry acceptance of Proton's HOGEN® Proton Exchange Membrane system for on-site hydrogen generation.
Plug Power to Install GenSite(TM) Hydrogen Generators Under Recently Awarded NYSERDA Programs
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.