VANCOUVER, BC, Dec. 20, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced orders from two bus manufacturers to supply over 90 fuel cell engines, representing approximately 6.4 megawatts (MW) of total rated power, for the European and UK city bus market. "We are excited with the continued growth of our bus OEM partnerships and our continued progress on customer platform... Read more
Fourth Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $49.3 million, compared to $22.5 million Gross loss of $(10.9) million compared to $(1.5) million Loss from operations of $(41.0) million compared with $(36.4) million Net loss per share was $(2.21) compared with $(2.07) Fiscal Year 2024 Summary(All comparisons are year-over-year unless... Read more
Order Follows Successful Trials and is the Hyzon's Second Fuel Cell Refuse Vehicle Order BOLINGBROOK, Ill., Dec. 17, 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 an order for... Read more
Long-Term Partnership will Enable Funding of Large Projects and Allow Customers to Pay for Electricity Use with Zero Upfront Payment Over $125 million committed to fund 19 MW of Energy Server Deployments in First Tranche SAN JOSE, Calif. / Dec 11, 2024 / Business Wire / Bloom Energy (NYSE: BE), the world leader in stationary fuel cell power generation, announced today that it has formed a project... Read more
VANCOUVER, BC, Dec. 9, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a multi-year supply agreement with Stadler US ("Stadler"; www.stadlerrail.com) to supply 8 megawatts of FCmove®-HD+ fuel cell engines to power trains for the California Department of Transportation (Caltrans). The supply of the FCmove®-HD+ engines will be integrated into Stadler's... Read more
VANCOUVER, BC, Dec. 5, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a new Long Term Supply Agreement ("LTSA") with Canadian Pacific Kansas City ("CPKC") (TSX: CP) (NYSE: CP), including the initial supply of 98 fuel cell engines for use in the North American freight rail market. Each engine has a nameplate of 200 kW, totaling approximately 20 megawatts... Read more
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... 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,... 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.... 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... 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 a landmark project to deliver fuel... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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... 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.... Read more
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