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
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
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
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
SLINGERLANDS, N.Y., July 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, is proud to announce that it has begun installing and commissioning electrolyzer systems worldwide, with many already operational and producing hydrogen today. To date over 95 MW of Plug electrolyzer systems are in operation or commissioning at... Read more
LATHAM, N.Y., June 25, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has achieved a significant milestone reaching 7.5 gigawatts (GW) in global Basic Engineering and Design Package (BEDP) contracts since introducing the offer two years ago. “The introduction of our BEDP has significantly propelled the growth of our... Read more
STORRS, Conn. and DANBURY, Conn., June 25, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and the University of Connecticut (UConn) have announced that UConn will use FuelCell Energy’s solid oxide fuel cell technology for its Innovation Partnership Building (IPB) at the UConn Tech Park on its Storrs Campus. Four of FuelCell Energy’s 250-kilowatt solid oxide fuel cells, with a combined one megawatt... Read more
LATHAM, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project will employ five of Plug’s 5 MW containerized PEM electrolyzers, to reduce the carbon footprint of the company by using... Read more
LATHAM, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured industry certification for its one MW (megawatt) high-powered stationary system. Plug achieved certification of its high-powered stationary system to the American National Standards Institute/CSA Group’s FC 1-2021 standard covering the safe... Read more
VANCOUVER, BC and WESTERVILLE, Ohio, June 18, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, have entered into a strategic technology partnership with a focus on backup power applications for data centres and critical infrastructures, scalable from 200kW to multiple MWs. Collaborating to... Read more
Second Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 million Gross loss of $(7.1) million compared to $(6.1) million Loss from operations of $(41.4) million compared with $(35.9) million Net loss per share was $(0.07) compared with $(0.09) DANBURY, Conn., June 10, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:... Read more
SINGAPORE / Jun 06, 2024 / Business Wire / Bloom Energy (NYSE: BE) (Bloom), a global leader in solid oxide fuel cell technology, announced today a groundbreaking collaboration with Sembcorp Industries (Sembcorp) at the sidelines of the 2024 Clean Economy Investor Forum, organized under the auspices of the Indo-Pacific Economic Framework (IPEF). The... Read more
BEND, Ore. / May 29, 2024 / Business Wire / Element 1 Corp, a pioneer in on-demand hydrogen generation technology, and Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP), have joined forces to accelerate the adoption of sustainable hydrogen energy solutions. This groundbreaking collaboration aims to revolutionize the way we generate and utilize hydrogen for various applications. Specifically, the joint effort... Read more
DANBURY, Conn. and HWASEONG-SI, Korea, May 28, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Gyeonggi Green Energy Co., Ltd. (GGE), today announced that pursuant to a long term service agreement GGE has agreed to purchase 42 1.4-megawatt upgraded carbonate fuel cell modules from FuelCell Energy to replace existing fuel cell modules at the Hwaseong Baran Industrial Complex fuel cell power... Read more
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") has signed a non-binding letter-of-intent ("LOI") to secure, subject to a definitive agreement, a supply of e-Vans built by a large German multinational automotive manufacturer. The Company's hydrogen-fuel-cell powertrain will be integrated into the... Read more
LATHAM, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, Airbus, Hartsfield-Jackson Atlanta International Airport (ATL), and Delta Air Lines have joined forces to study the feasibility of a hydrogen-based hub at the world’s busiest airport in support of advancing a more sustainable future of travel. The study,... Read more
COLUMBUS, Ind. / May 20, 2024 / Business Wire / Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], has launched the next generation of several of its cutting-edge decarbonizing technologies that are shaping the future of clean transportation. New versions of its hydrogen fuel cell engines, a high efficiency eAxle, and its next-generation batteries are among the new products... Read more
LATHAM, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the signing of a Basic Engineering and Design Package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying hydrogen to AGA’s planned ammonia... Read more
LATHAM, N.Y., May 15, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in hydrogen solutions for the green hydrogen economy, has announced its latest innovation: the integration of a Class 6, medium-duty fuel cell electric truck. The integration involves a commercial Class 6 chassis cab with an industry proven electric propulsion system powered by Plug’s cutting-edge ProGen fuel cell... Read more
The clean energy manufacturer launches a program to integrate the C3 AI Reliability Suite for precision modeling of fuel cell performance, design REDWOOD CITY, Calif. & SAN JOSE, Calif. / May 14, 2024 / Business Wire / C3 AI (NYSE: AI), the Enterprise AI application software company, and Bloom Energy (NYSE: BE), a leading provider of clean energy solutions, today announced that the companies are working... Read more
BOLINGBROOK, Ill., May 13, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced its first quarter 2024 financial and operating results: Recent Highlights First quarter 2024 Revenue of $10.0 million as... Read more
New Installation will be powering Silicon Valley’s Largest Fuel Cell Powered most energy-efficient Intel Corporation High-Performance Computing Data Center SAN JOSE, Calif. / May 09, 2024 / Business Wire / Bloom Energy (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a power capacity agreement with Intel Corporation that will result in Silicon Valley’s largest fuel cell-powered... Read more
LATHAM, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (the “Company”), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced its financial results and operational milestones for the first quarter of 2024. First-Quarter Results Earnings-Per-Share (EPS) and Revenue: The Company reported revenue of $120.3 million and EPS loss of $0.46 for the quarter... Read more
Global power technology leader Cummins Inc. (NYSE:CMI) announced a $580 million project to drive economic and job growth in the Nash County community. Cummins has received approval for tax incentives to help move the project forward and the incentives received from the Nash County Commissioners office will support the continued investment within the area. This strategic investment is set to generate approximately... Read more
VANCOUVER, BC, May 7, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). "In our last earnings report, we indicated that we expected continued growth in our Order... Read more
First quarter revenues of $8.4 billion; GAAP1 Net Income of $2.0 billion EBITDA in the first quarter was 30.6% of sales; Diluted EPS of $14.03 First quarter results include a net gain of $1.3 billion, or $9.08 per diluted share, related to the separation of Atmus and $29 million, or $0.15 per diluted share, of restructuring expenses. The company is raising its guidance for full year 2024 revenue and EBITDA after... Read more
H2HQ teams to lead NA region's efforts to research, develop, commercialize and sell fuel cell and hydrogen-related products Renovated facility provides a refreshed office workspace, with plans to add features in the future, including a flexible microgrid, customer education center and more GARDENA, Calif., May 1, 2024 /PRNewswire/ -- Reaffirming its commitment to support fuel cell and additional... Read more
LATHAM, N.Y., May 01, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured the first international safety and performance certification in Korea for electrolyzer manufacturing, enabling the commercial sale of Plug electrolyzer systems in the Korean market. This achievement was completed through Plug's collaboration with... Read more
COLUMBUS, Ind. / Apr 30, 2024 / Business Wire / Today, Cummins Inc. (NYSE: CMI) named Alison Trueblood Vice President – Cummins Emissions Solutions, effective May 1. “I am thrilled to have Ali in this role at this important time in our industry,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “Ali is a dynamic and caring leader with a unique ability to drive our business forward, while always keeping our... Read more
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