Deployment at scale will help meet data center customers’ sharply increasing AI loads Bloom’s clean and reliable fuel cell solution will be co-located at customer sites to rapidly enable AEP to meet the energy and economic development goals of its customers and stakeholders SAN JOSE, Calif. / Nov 14, 2024 / Business Wire / Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation,... Read more
Further Demonstrates Hydrogen Fuel Cell Technology as a Sustainable, Zero-Emission Solution for Heavy Duty Applications BOLINGBROOK, Ill., Nov. 14, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced... Read more
Secured first hydrogen-powered fuel cell electric refuse truck order in North America from waste industry pioneer GreenWaste Achieved start-of-production on the 200kW fuel cell system and 200kW Class 8 fuel cell electric truck Ten successful Class 8 200kW and refuse fuel cell electric truck customer trials completed with majority in commercial agreement negotiations BOLINGBROOK, Ill., Nov. 13, 2024... Read more
SLINGERLANDS, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced further progress on its strategic and operational initiatives and path to profitability in the third quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its... Read more
80 MW SOFC project demonstrates Bloom’s ability to operate at large scale and the company’s transformative role in the worldwide energy transition SAN JOSE, Calif. / Nov 07, 2024 / Business Wire / Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell generation (SOFC) and solid oxide fuel cell electrolyzer (SOEC) technologies, today announced... Read more
Reiterating 2024 Financial Guidance Announcing World’s Largest Fuel Cell Installation SAN JOSE, Calif. / Nov 07, 2024 / Business Wire / Bloom Energy Corporation (NYSE: BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 million for the third quarter of 2024. Third Quarter Highlights Revenue of $330.4 million in the third quarter of... Read more
ATHENS, Greece, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Advanced Energy Technologies S.A., a wholly-owned subsidiary of Advent Technologies Holdings, Inc. (NASDAQ: ADN) announced today that it has installed three new members to its Board of Directors. The new directors are Mr. Konstantinos Ferderigos, Mr. Dimosthenis Dimopoulos, and Mr. Vasilis Bournas. Mr. Ferderigos is Advent’s Global Director of IT and the General... Read more
Third quarter revenues of $8.5 billion; GAAP1 Net Income of $809 million, or 9.6% of sales EBITDA in the third quarter was 16.4% of sales; Diluted EPS of $5.86 The company is maintaining its full year 2024 revenue guidance of down 3% to flat. EBITDA is now expected to be approximately 15.5% compared to previous guidance of 15.0% to 15.5%. COLUMBUS, Ind. / Nov 05, 2024 / Business Wire / Cummins Inc. (NYSE:... Read more
VANCOUVER, BC, Nov. 5, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "We had a tough quarter, marked by weak revenue, strained gross margin, soft new... Read more
VANCOUVER, BC and WINNIPEG, MB, Nov. 4, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced a purchase order to supply 200 fuel cell engines to New Flyer, a subsidiary of NFI Group Inc. ("NFI"; TSX: NFI, OTC: NFYEF, TSX: NFI.DB; www.nfigroup.com), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions in North America and Europe. The order of 200... Read more
Company's ongoing trial program reinforces commitment to decarbonizing heavy-duty industries BOLINGBROOK, Ill., Nov. 4, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its... Read more
LIVERMORE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that its Greek subsidiary, Advanced Energy Technologies SA, has been awarded a grant from the EU Innovation Fund and invited to prepare the grant agreement. Further details about the grant... Read more
Trial Comes as Part of TALKE's Supplier Evaluation Ahead of Final Award of Grant Applications Which Could Fund a Large Fleet of Class 8 FCEV Trucks BOLINGBROOK, Ill., Oct. 30, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today... Read more
LIVERMORE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce changes to its board and C-suite by removing Chairman and Chief Executive Officer, Vasilis Gregoriou and Chief Strategy Officer, Chris Kaskavelis. Gary Herman, an experienced... Read more
DANBURY, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Korea Hydro & Nuclear Power Co., Ltd (KHNP) announced that the two companies have agreed to jointly pursue hydrogen energy business initiatives and have signed a memorandum of understanding (MOU) outlining the possibilities. The cooperative approach will focus on the development and implementation of advanced energy... Read more
First-Ever Fuel Cell Refuse Vehicle Order in North America BOLINGBROOK, Ill., Oct. 22, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced it has entered into a purchase agreement for North... Read more
ST. CLOUD, Minn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer and a leader in zero-emission electric mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a new firm order for 108 zero-emission hydrogen fuel cell-electric Xcelsior CHARGE FC™ 40-foot transit buses from San Mateo County... Read more
LIVERMORE, Calif. / Oct 17, 2024 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce significant performance breakthroughs for its Membrane Electrode Assembly ("Advent MEA G2") technology. The Advent MEA G2 technology has already been provided for testing to select strategic... Read more
Operational Highlights Started work on the Joint Project with Airbus to benchmark HT-PEM fuel cell MEAs in aviation. Continued work with the U.S. Department of Defense on two previously awarded contracts for portable power systems. Continued Technology Assessment Work for four of the largest 15 automotive manufacturers in the world. Continued streamlining of operations process to significantly reduce OPEX and... Read more
Announcement Coincides with Hyzon's Start of Production (SOP) of its Innovative Single-Stack 200kW Fuel Cell System (FCS) BOLINGBROOK, Ill., Oct. 9, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) ("Hyzon" or the "Company"), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries,... Read more
Bolingbrook, Illinois is Now Home to one of the Largest Fully-Integrated Fuel Cell Production Facilities in the United States BOLINGBROOK, Ill., Oct. 8, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) ("Hyzon" or the "Company"), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries,... Read more
SLINGERLANDS, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, is collaborating with Carreras Grupo Logístico to launch a complete green hydrogen ecosystem in Spain. The initiative will aim to establish, through a fuel cell technology advantages validation project, the first hydrogen-powered logistics site in... Read more
Company Marks Major Milestone Paving the Way for Zero-Emission Heavy-Duty Transportation BOLINGBROOK, Ill., Sept. 16, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) ("Hyzon" or the "Company"), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the Start... Read more
Revenue of $23.7 million compared to $25.5 million Gross loss of $(6.2) million compared to $(8.2) million Loss from operations of $(33.6) million compared with $(41.4) million Net loss per share was $(0.07) compared with $(0.06) which included a $0.04 one-time debt extinguishment benefit in the third quarter of 2023 DANBURY, Conn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL)... Read more
Hyzon's Hydrogen Fuel Cell Technology Highlighted in Heavy-Duty Fuel Cell Electric Vehicle Displays OAKLAND, Calif., Aug. 30, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, along with New Way Trucks, an industry-leading refuse... Read more
Partnership with U.S. Leaders New Way and Hyzon Makes SF First to Debut Cutting-Edge Zero Emission Vehicles SAN FRANCISCO, Aug. 26, 2024 /PRNewswire/ -- Recology, a 100-percent employee-owned company and industry leader in sustainable waste management, begins testing North America's first hydrogen fuel cell-powered electric refuse collection vehicle – developed in partnership with New Way Trucks and Hyzon... Read more
DANBURY, Conn., Aug. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL), a global leader in sustainable energy technologies for the delivery of energy and emissions management, announced that a $5.9 million CAD grant from Natural Resources Canada’s Clean Fuels Fund (CFF) will finance two projects utilizing its electrolyzer technology to produce synthetic fuel (power-to-liquid (PtL)) or... Read more
SLINGERLANDS, N.Y., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the appointment of Colin Angle, former CEO of iRobot, to its Board of Directors. Mr. Angle brings decades of extensive experience in technology innovation, robotics, and strategic leadership to Plug Power’s Board. Mr. Angle is... Read more
LIVERMORE, Calif. / Aug 20, 2024 / Business Wire / Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, announced on Tuesday, August 13, 2024 its consolidated financial results for the three months and year ended December 31, 2023. All amounts are in U.S. dollars unless otherwise noted and have been prepared in... Read more
Launched 200kW Class 8 Fuel Cell Truck Trial Program with Multiple Large Fleets in July BOLINGBROOK, Ill., Aug. 13, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced its second quarter 2024 financial... Read more
Companies Embark on Cross-Continental Trials to Prove Viability of Technology and Showcase Performance SCRANTON, Iowa, Aug. 12, 2024 /PRNewswire/ -- New Way Trucks, a privately held industry-leading refuse truck body manufacturer, and Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer, are leading the way and gaining momentum in showcasing... Read more
Quarter highlights include new product launch, progress on next-gen plate manufacturing, and data center market development VANCOUVER, BC, Aug. 12, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the second quarter ended June 30, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with... Read more
Reiterating 2024 financial guidance SAN JOSE, Calif. / Aug 08, 2024 / Business Wire / Bloom Energy Corporation (NYSE: BE) reported today its financial results for the second quarter ended June 30, 2024. The company reported revenue of $335.8 million for the second quarter of 2024. Second Quarter Highlights Revenue of $335.8 million in the second quarter of 2024, an increase of 11.5% year-over-year. Gross... Read more
SLINGERLANDS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced significant progress and strategic initiatives in the second quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its leadership position in the... Read more
Highest electrical efficiency demonstrated on its Solid Oxide Fuel Cell (SOFC) platform when using 100% Hydrogen Bloom’s fuel cell technology has demonstrated operations1 on both natural gas, hydrogen and on blends thereof making it future proof Negligible environmental pollutants like NOx emitted compared to reciprocating engines or turbines SAN JOSE, Calif. / Aug 05, 2024 / Business Wire / Bloom Energy... Read more
Record second quarter revenues of $8.8 billion; GAAP1 Net Income of $726 million EBITDA in the second quarter was 15.3% of sales; Diluted EPS of $5.26 Full year revenues are expected to range from down 3% to flat; an improvement from prior guidance of down 2% to 5%. EBITDA is now expected to be in the range of 15.0% to 15.5%; an increase from previous guidance of 14.5% to 15.5%. COLUMBUS, Ind. / Aug 01, 2024... Read more
SAN JOSE, Calif. / Jul 25, 2024 / Business Wire / Bloom Energy (NYSE: BE) has appointed Barbara Burger, Ph.D. to its Board of Directors, effective August 1, 2024. A seasoned executive and respected leader in the energy industry, Burger finished her career at Chevron in 2022 as vice president of innovation and president of Chevron Technology Ventures (CTV). While at the helm of CTV, Burger was charged with leading... Read more
New Installation to Power Cloud-Based AI Computing Models SAN JOSE, Calif. / Jul 16, 2024 / Business Wire / Bloom Energy Corporation (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a strategic partnership with CoreWeave, Inc. This win underscores Bloom’s ability to meet the rising energy demands of the rapidly growing AI... Read more
COLUMBUS, Ind. / Jul 11, 2024 / Business Wire / Cummins Inc. (NYSE: CMI) has published its latest annual Sustainability Progress Report, announcing key advancements in the company’s efforts to fulfill its mission of making people’s lives better by powering a more prosperous world. “This report clearly illustrates how our business and environmental strategies are intentionally and intricately aligned – how we are... Read more
DANBURY, Conn., July 11, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL) held a pivotal event in Seoul on June 28, 2024, reinforcing and demonstrating the company's commitment to the Korean market and highlighting how its two differentiated carbonate and solid oxide platforms enable the energy transition to sustainable energy in a smart and practical way. The event, titled "Accelerating Korea’s... Read more
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