ZURICH, Switzerland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- IBM and FuelCell Energy, Inc. (Nasdaq: FCEL) today announced they will work together to boost the performance of FuelCell Energy’s technology using Foundation Models, a form of generative Artificial Intelligence (AI). The aim of this collaboration is to support both companies’ efforts to lead a global transition to renewable energy sources that emit little to... Read more
DANBURY, Conn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), the Connecticut-based global leader in state-of-the-art fuel cell platforms, celebrated the opening of its newest clean energy project at a “cable cutting” ceremony in Derby. The 14-megawatt baseload fuel cell project located on Roosevelt Drive consists of 10 fuel cells and will supply power to thousands of customers of... Read more
BOSTON / Nov 16, 2023 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that its wholly owned subsidiary, Advent Technologies S.A. has received an update from the Greek State regarding the implementation of the Green HiPo IPCEI Hy2Tech project (the “Green HiPo Project”). In a letter dated... Read more
Announces First Commercial Delivery of Fuel Cell Electric Truck in U.S. ROCHESTER, N.Y., Nov. 14, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the Company), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced its third quarter 2023 financial and operational results. Recent... Read more
Operational Highlights Signed a term sheet with Airbus to launch a Joint Project for the potential use of HT-PEM fuel cells in aviation. Signed new supply contract with the U.S. Department of Defense of $2.2 million for portable power systems. Received order from a prominent fuel cell integrator in the Asian market with initial value of $1.3 million. Unveiled Advent’s range of Serene Power Systems at the 2023... Read more
LATHAM, N.Y., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has announced its 2023 third quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q323Plug A conference call will be held today, November 9, 2023. Time: 4:30 pm ET Toll-free: 877-407-9221 / +1... Read more
VANCOUVER, BC, Nov. 7, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2023. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "We delivered robust revenue growth in Q3, with shipments to our core mobility... Read more
VANCOUVER, BC and BOLECHOWO, Poland, Nov. 6, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced multiple purchase orders totaling 62 hydrogen fuel cell engines from long-standing customer Solaris Bus & Coach sp. z o.o. ("Solaris"; www.solarisbus.com), a leading European bus manufacturer deploying hydrogen-powered city buses across the continent. Ballard expects delivery of... Read more
VANCOUVER, BC, Nov. 6, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for 2.4 MW of additional fuel cell engines from Canadian Pacific Kansas City ("CPKC"; TSX: CP; NYSE: CP). These twelve, 200 kW fuel cell engines are planned for delivery in 2023 and will support the development of CPKC's additional hydrogen-powered locomotives planned for regular switching and... Read more
BOSTON / Nov 06, 2023 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has reached an agreement with Airbus, a global leader in aeronautics, space, and related services, for a joint benchmarking project regarding an optimized Ion Pair™ Membrane Electrode Assembly (“MEA”) for hydrogen fuel... Read more
Represents the Inaugural Adaptation of H2 HPDI Fuel System for Rail Applications VANCOUVER, BC, Nov. 6, 2023 /CNW/ - Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, today announced an agreement with a leading global provider of locomotives and related equipment for... Read more
Third quarter revenues of $8.4 billion; GAAP1 Net Income of $656 million EBITDA in the third quarter was 14.6 percent of sales; Diluted EPS of $4.59 Third quarter results include $26 million, or $0.14 per diluted share, of costs related to the separation of Atmus Filtration Technologies Inc. Third quarter net cash provided by operating activities was a record $1.5 billion The company is raising its full year... Read more
COLUMBUS, Ind. / Nov 02, 2023 / Business Wire / Today, Cummins announced several changes to the Cummins Leadership Team. These appointments are effective Jan. 1, 2024. “Destination Zero is Cummins' strategy for decarbonization of our products and is a growth opportunity for us. With our broad portfolio of innovative products, strong partnership with and understanding of our customers and their applications,... Read more
ROCHESTER, N.Y., Oct. 26, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced a revised commercial agreement with TR Group, New Zealand's largest heavy-duty truck fleet owner, for up to 20 FCEVs upfit with Hyzon's single stack 200kW fuel cell system... Read more
First of its Kind Refuse Vehicle Hits the Road in Australia Bringing Quieter Trash Collection and Significantly Reducing Diesel Consumption and Carbon Emissions Annually; Australian Production Launched, with First U.S. FCEV Waste Truck in Assembly ROCHESTER, N.Y., Oct. 23, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of... Read more
DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt production. The Bay Hydrogen Hub consortium, which is made up of EDF, Heidelberg UK, the National Nuclear Laboratory, and Vulcan Burners, proposes combining the use of FuelCell Energy’s 1-Megawatt Solid Oxide... Read more
DANBURY, Conn., and TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) is pleased to announce that Ontario’s Independent Electricity System Hydrogen Innovation Fund Award has been awarded to a project in which FuelCell Energy is playing a key role alongside Kinectrics and Bruce Power. This fund seeks to establish action-oriented, sector-specific pilot projects with the purpose of... Read more
DANBURY, Conn., and LAGOS, Nigeria, Oct. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando Energy Resources (OER), a part of the Oando PLC group of companies, are pleased to announce the signing of a memorandum of understanding (MOU) to collaborate on the development of a 5 to 15-Megawatt (MW) power plant. In addition... Read more
LATHAM, N.Y., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Plug Power (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, is currently the preferred supplier of 550 MW electrolyzers to Fortescue, a global green energy and metals company, for Fortescue’s proposed Gibson Island Project. Fortescue, which is committed to leading the world in stepping beyond fossil fuels by... Read more
LATHAM, N.Y., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Arcadia eFuels has selected Plug Power Inc. (NASDAQ: PLUG), a comprehensive provider of turnkey hydrogen solutions for the global green hydrogen economy, to provide a 280 MW (megawatt) proton exchange membrane (PEM) electrolyzer system to Arcadia’s Vordingborg plant for the production of sustainable aviation fuel... Read more
VANCOUVER, BC and BOLECHOWO, Poland, Oct. 10, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced multiple purchase orders totaling 177 hydrogen fuel cell engines from long-standing customer Solaris Bus & Coach sp. z o.o. ("Solaris"; www.solarisbus.com), a leading European bus manufacturer deploying hydrogen-powered city buses across the continent. Ballard expects limited initial... Read more
Advent Technologies and Technohull team up to design and produce an innovative electric vessel that uses eMethanol-powered fuel cell systems BOSTON / Oct 10, 2023 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology sectors, and Technohull, a leading manufacturer of high technology and high-performance... Read more
COLUMBUS, Ind. / Oct 09, 2023 / Business Wire / Today, Cummins Inc. (NYSE: CMI) announced the election of Daniel W. Fisher to its Board of Directors. “I am delighted to welcome Dan to our Board of Directors,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “Dan brings a wealth of financial, business operations, and leadership expertise to this role. His leadership experience across several industries will further... Read more
COLUMBUS, Ind. / Oct 02, 2023 / Business Wire / Cummins Inc. (NYSE: CMI) today announced that Cummins Emission Solutions completed its acquisition of two Faurecia commercial vehicle manufacturing plants and their related activities, one in Columbus, Indiana (U.S.), and one in Roermond, Netherlands. Faurecia is a global automotive technology leader and company of the FORVIA Group. “We announced our intent to acquire... Read more
BOSTON / Sep 21, 2023 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to unveil its range of Serene Power Systems, an innovative clean power solution resulting from the synergy of the Company’s High-Temperature Proton Exchange Membrane (“HT-PEM”) fuel cells with a compact battery unit, designed to fulfill both... Read more
Cummins After building its 5 millionth engine, Cummins Inc.'s Rocky Mount Engine Plant (RMEP) in North Carolina is continuing its long history of innovation in engine technology and manufacturing. The next stop? Building fuel-agnostic engines in its VPI Lab. VPI, or value package introduction, is the Cummins' process for commercializing technology for the market through the definition, design, development and... Read more
Third Quarter Fiscal 2023 Financial Highlights(All comparisons are year-over-year unless otherwise noted) Revenues of $25.5 million compared to $43.1 million Gross loss of $(8.2) million compared to $(4.2) million Loss from operations of $(41.4) million compared to $(28.0) million Net loss per share was $(0.06) compared to $(0.08) DANBURY, Conn., Sept. 11, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc.... Read more
COLUMBUS, Ind. and PORTLAND, Ore. and BELLEVUE, Wash., Sept. 6, 2023 /PRNewswire/ -- Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daimler Truck Group Company; DAX: DTR0CK; "Daimler Truck"] and PACCAR [NASDAQ: PCAR] are partnering to accelerate and localize battery cell production and the battery supply chain in the United States. The... Read more
BOSTON / Sep 05, 2023 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“ or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce a significant expansion order contract with a prominent fuel cell integrator operating in the Asian market. Under the terms of this agreement, Advent will provide its innovative eFuel-powered... Read more
COLUMBUS, IN / ACCESSWIRE / August 31, 2023 / Cummins Inc. has posted its 20th annual Sustainability Progress Report, disclosing reductions in greenhouse gases (GHGs) and water consumption while establishing the foundation for progress on other 2030 environmental goals. In addition, the global power technology leader reported steady progress on the company's diversity, equity and inclusion efforts, including a... Read more
Demo Run Demonstrate Viability of Liquid Hydrogen for Commercial Trucking Applications and Confirms Diesel-Comparable Range Potential ROCHESTER, N.Y., Aug. 30, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell... Read more
DANBURY, Conn., Aug. 29, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy — today announced the upcoming release of its third quarter fiscal year 2023 results prior to the Stock... Read more
DANBURY, Conn., Aug. 28, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and ExxonMobil Technology and Engineering Company (EMTEC) have agreed to extend their ongoing joint development agreement through March 31, 2024. The extension enables further development related to manufacturing scale-up and work towards advancing the carbonate fuel cell technology for point source carbon capture applications... Read more
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2023) - First Hydrogen Corp. (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") announces it will be opening up fleet trials to additional commercial opportunities in response to growing interest from parcel delivery companies seeking First Hydrogen's hydrogen-fuel-cell-powered vehicle (FCEV) for express deliveries. Following successful... Read more
ROCHESTER, N.Y., Aug. 21, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the Company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced its Board of Directors elected Erik Anderson as Chairman of the Board of Directors, effective August 24, 2023. Anderson replaces George Gu, who resigned... Read more
First step in 10 MW Unimicron fuel cell contract commissioned 6 months from order SAN JOSE, Calif. / Aug 17, 2023 / Business Wire / Bloom Energy (NYSE: BE) has installed the first phase of a 10 megawatt (MW) solid oxide fuel cell contract with Unimicron Technology Corp., a chip substrate and printed circuit board maker (PCB) in Taiwan. The space-saving Energy Server™ installation was delivered within five months... Read more
Accelera technology is at the heart of both the train’s fuel cell system and the green-hydrogen-producing electrolyzer that fuels it COLUMBUS, Ind. / Aug 15, 2023 / Business Wire / Accelera™ by Cummins, the zero-emission business segment of Cummins Inc. (NYSE: CMI), is powering North America’s first hydrogen passenger train, marking a major milestone and significant step forward in the transition to clean urban... Read more
Agreement with BASF to establish end-to-end supply chain for hydrogen fuel cell systems in Europe. Signed MoU with Safran Power Units to advance HT-PEM fuel cell technology for the aerospace sector. Secured $1.1 million contract to supply HT-PEM MEAs for fuel cell-powered trucks in Asia. Working actively with the Greek State for the timely signing of Advent’s Green HiPo project, following official ratification... Read more
LATHAM, N.Y., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has announced its 2023 second quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q223Plug. A conference call will be held today, August 9, 2023. Time: 4:00 pm ET Toll-free: 877-407-9221 or +1... Read more
VANCOUVER, BC, Aug. 9, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the second quarter ended June 30, 2023. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "We are making important progress on our strategic priorities as communicated at our... Read more
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