LATHAM, N.Y., June 07, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced it will supply Energy Vault Holdings, Inc. with 8 MW (megawatts) of hydrogen fuel cell stationary power to deliver clean energy to the city of Calistoga, located in California Wine... Read more
Delivery of initial vehicles to food and foodservice distributor expected to begin this year ROCHESTER, N.Y., June 7, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, and Performance Food Group, Inc. (PFG) (NYSE: PFGC), one of the largest food and foodservice distribution companies in North America, today announced they have... Read more
VANCOUVER, BC and SEATTLE, June 1, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and global carbon reduction company First Mode today announced a purchase order for Ballard to supply First Mode with 60 hydrogen fuel cell modules – totaling 6 megawatts – for delivery in 2024. The order represents an expansion of the relationship, following the order of 35 modules year-to-date in 2023, to power... Read more
BOSTON / May 31, 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, today signed a Memorandum of Understanding ("MoU") with Safran Power Units, a leader in auxiliary power systems and turbojet engines. Leveraging Advent's proprietary Ion Pair™ Membrane Electrode Assembly (“MEA”) technology,... Read more
LATHAM, N.Y. and HELSINKI, Finland, May 30, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, plans to develop three green hydrogen production plants in Finland, resulting in the production of 850 tons per day (TPD) of green hydrogen, or 2.2 gigawatts (GW) of electrolyzer capacity, by the end of the decade with final... Read more
NASHVILLE, Tenn. / May 30, 2023 / Business Wire / Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters’ full exercise of their option to purchase 2,118,661 additional shares. Shares of Atmus’... Read more
BOSTON / May 26, 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 provide an update on the implementation of the Green HiPo project under the framework of the Important Projects of Common European Interest (“IPCEI”) Hy2Tech. This update highlights recent milestones achieved... Read more
NASHVILLE, Tenn. / May 25, 2023 / Business Wire / Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on May 26,... Read more
DANBURY, Conn., May 25, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL) today announced that it has entered into an $87 million non-recourse project financing facility. In addition to diversifying the Company’s access to capital, the proceeds from this facility were used to repay some of the Company’s existing indebtedness and may be used to accelerate commercialization of its hydrogen fuel cell... Read more
NORTHAMPTON, MA / ACCESSWIRE / May 24, 2023 / Cummins Inc.: Accelera ™ by Cummins, the zero-emissions business segment of Cummins Inc., has started operations for electrolyzer production in Fridley, Minnesota - its first electrolyzer production site in the United States. U.S. Department of Energy Secretary Jennifer Granholm, Minnesota Gov. Tim Walz, and other federal, state and local officials joined the... Read more
Today, global power and technology leader Cummins Inc. (NYSE: CMI) announced the 5 millionth engine produced at its Rocky Mount Engine Plant (RMEP) along with its 2.5 millionth engine produced at its Jamestown Engine Plant (JEP). As the company continues to pave a path to a more sustainable future for its products throughout the world, these milestone events are remarkable achievements and just the start of what’s... Read more
DANBURY, Conn. and ATLANTA, May 22, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Chart Industries, Inc. (“Chart”, NYSE: GTLS) signed a Memorandum of Understanding (MOU) to develop opportunities to combine the companies’ complementary strengths in delivering reliable and efficient carbon dioxide (CO2) capture for use or sequestration, as well as generation and storage of gaseous or... Read more
LATHAM, N.Y., May 22, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, landed three five megawatt (MW) electrolyzer projects with Ardagh Glass Limmared AB, Hydro Havrand, and the APEX Group for the first-ever use of industrial-scale green hydrogen in glass manufacturing, aluminum recycling, and steel manufacturing... Read more
Entered into a joint development agreement with Hyundai following the conclusion of a successful technology assessment. Collaboration with Siemens Energy for maritime fuel cell solution, integrating combined reformer/fuel cell modules into power supply systems for yachts. Opening of the new Hood Park manufacturing facility in Boston, MA, for state-of-the-art development and scale-up production. Agreement with... Read more
BOSTON / May 11, 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 new contract with a prominent fuel cell manufacturer specializing in truck applications in the East Asian market. Under this contract, Advent will supply High-Temperature Proton Exchange Membrane... Read more
VANCOUVER, BC, May 10, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2023. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "Our first quarter revenue of $13.3 million and new order intake of $17.6 million are... Read more
ROCHESTER, N.Y., May 10, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced the appointment of Andrea Farace to its Board of Directors, effective May 4, 2023. Farace will serve on the Nominating and Governance Committee as an independent director. Farace is an accomplished executive and leader with a long career in... Read more
COLUMBUS, IN / ACCESSWIRE / May 9, 2023 / Global power leader Cummins Inc. recently signed a definitive agreement with Tata Motors Limited to manufacture a range of low- to zero-emissions technology products in India over the next few years. The agreement was signed by Jennifer Rumsey, Cummins' President and Chief Executive Officer, and Girish Wagh, Executive Director, Tata Motors, at Cummins' headquarters in... Read more
Hydrogen can enable the transformation toward climate neutrality and decrease dependence on fossil fuels BASF will expand its hydrogen related portfolio including precious metal services, catalysts, components and recycling by scaling up production of Celtec® MEA (Membrane Electrode Assembly) technology for fuel cells Advent will produce fuel cell systems at planned state-of-the art manufacturing facility in... Read more
VANCOUVER, BC , May 3, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order for 3.6 megawatts (MW) of fuel cell systems from a European provider of clean energy solutions for critical stationary power applications. Ballard expects to deliver 36 x 100 kW systems in 2023 and 2024. Ballard's fuel cell systems will be integrated into stationary power units which provide... Read more
BELLEVUE, Wash. & PLANO, Texas / May 02, 2023 / Business Wire / PACCAR and Toyota Motor North America, Inc. (Toyota) today announced an expansion of their joint efforts to develop and produce zero emissions, hydrogen fuel cell (FCEV) Kenworth and Peterbilt trucks powered by Toyota’s next-generation hydrogen fuel cell modules. The expanded agreement supports ongoing development and commercialized zero-emission... Read more
Record first quarter revenues of $8.5 billion; Record GAAP1 Net Income of $790 million EBITDA in the first quarter was 16.1 percent of sales; Record Diluted EPS of $5.55 First quarter results include $18 million, or $0.10 per diluted share, of costs related to the separation of the Filtration business. The company is raising its full year 2023 revenue guidance to be up 15 to 20 percent; an increase from previous... Read more
Proprietary 200kW Fuel Cell System Reduces Weight, Space, and Cost for Heavy-Duty, Zero-Emission Truck ROCHESTER, N.Y., May 2, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, today published Designing the Future of Fuel Cells, a whitepaper describing the Company's progress towards producing a single stack 200kW fuel cell... Read more
LATHAM, N.Y., May 01, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, unveiled a new high-power stationary fuel cell system for charging commercial electric vehicle (EV) fleets. Operators deploying commercial electric vehicles face many obstacles, from grid power capacity restrictions to clean power requirements to... Read more
DANBURY, Conn., May 01, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has received an order from ExxonMobil for long-lead fuel cell stack module equipment and engineering support required to implement a potential demonstration of modular point source carbon capture at an ExxonMobil facility. While ExxonMobil has not yet made a final investment decision, this order advances critical-path... Read more
ROCHESTER, N.Y., May 1, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced the appointment of Chief Executive Officer (CEO) Parker Meeks to its Board of Directors, effective immediately. "Since joining Hyzon, Parker has demonstrated a consistent and impressive ability to drive impactful strategic analysis and long-term... Read more
NORTHAMPTON, MA / ACCESSWIRE / April 28, 2023 / Cummins Inc. President and CEO Jennifer Rumsey recently visited Spain to tour the new Accelera by Cummins electrolyzer manufacturing facility under construction there, meeting with employees as well as government and university leaders during her visit. Electrolyzers are critical technology for producing no-carbon, green hydrogen. Green hydrogen could play a crucial... Read more
TORONTO, April 20, 2023 (GLOBE NEWSWIRE) -- Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce that the Company has entered into a non-binding letter of intent (the “LOI”) with Festival Hydro Inc. (“Festival Hydro”). The... Read more
NORTHAMPTON, MA / ACCESSWIRE / April 7, 2023 / With so many different streams of production, when it comes to sustainability, the Columbus Engine Plant aims for continuous improvement. Dave Wehrkamp, the plant's former Health, Safety and Environmental (HSE) leader, says the plant is always looking for ways to improve its sustainability efforts by asking questions like, "What items in the facility are top energy... Read more
Plug’s Rochester gigafactory produced 122MW of electrolyzer stacks for customers and Plug’s green hydrogen plants. Plug shipped nearly 1,000 stacks totaling 5.7MW for specialty applications. LATHAM, N.Y., April 04, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, manufactured 122MW of Plug’s 1MW electrolyzer... Read more
Accelera™ by Cummins, a business segment of Cummins Inc., will supply a 90-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Varennes Carbon Recycling's (VCR) plant in Quebec, Canada - a key step in advancing North America's green hydrogen economy. Varennes is a consortium between Shell, Suncor and Proman, with the support of the Canadian and Quebec governments. The biorefinery will be powered... Read more
Q4 2022 revenue of $2.0 million and income from grants of $0.4 million. Full year 2022 revenue of $7.8 million and income from grants of $1.5 million. Net loss in Q4 of $47.6 million or $(0.92) per share, including an impairment charge of $38.9 million. Adjusted net loss in Q4 of $13.2 million or $(0.26) per share. Company holds unrestricted cash reserves of $32.9 million as of December 31,... Read more
Production line in Tübingen, Germany leverages pre-lithiation process for high silicon content cells. Production line provides aviation traceability with capacity to deliver thousands of battery cells a year. MUNICH, Germany, March 28, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, and battery cell production partner,... Read more
VANCOUVER, BC, March 27, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the Company's proton exchange membrane (PEM) fuel cells have now powered Fuel Cell Electric Vehicles – or FCEVs – in commercial Heavy and Medium-Duty Motive vehicles for an industry-leading total of more than 150 million kilometers. This is roughly equivalent to circling the Earth over 3,700 times. To reach... Read more
Unparalleled Run Time Lithium-Ion Battery Cell, Energy Density Verified by Independent Test Lab Continues Track Record of Delivering Breakthrough Results in Evolution of Silicon Anode Shipping Prototypes to Select Customers This Year FREMONT, Calif. / Mar 23, 2023 / Business Wire / Amprius Technologies, Inc. ("Amprius" or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its... Read more
BOSTON & SEOUL / Mar 22, 2023 / Business Wire / Hyundai Motor Company today announced a successful technology assessment with Advent Technologies Holdings, Inc. (“Advent”), an innovation-driven leader in the fuel cell and hydrogen technology sectors. The assessment evaluated Advent's proprietary Membrane Electrode Assembly (“MEA”) technology for supplying Hyundai’s high-temperature fuel cell needs, and following... Read more
Connecticut hospital adopts cleaner power to improve local air quality and cost predictability SAN JOSE, Calif. & STAMFORD, Conn. / Mar 21, 2023 / Business Wire / Bloom Energy (NYSE:BE) and SK ecoplant Americas have completed the installation of fuel cell systems at two Stamford Health locations. The Bloom platform will provide Stamford Health staff with... Read more
LATHAM, N.Y., March 21, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced today it has expanded its GenKey offering to enable fuel cell adoption for warehouses that operate fewer than 100 electric forklifts. For the first time, this segment of the forklift market, representing more than 25% of all forklifts sold... Read more
Plant will use renewable hydrogen and oxygen to turn non-recyclable waste into biofuels and circular chemicals Accelera™ by Cummins, a business segment of Cummins Inc. (NYSE: CMI), will supply a 90-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Varennes Carbon Recycling’s (VCR) plant in Quebec, Canada – a key step in advancing North America’s green hydrogen economy. VCR is a consortium between... Read more
VANCOUVER, BC, March 17, 2023 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the fourth quarter ended December 31, 2022. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "With an increasingly constructive policy landscape for hydrogen globally, we are... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS