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Here's How To Capitalize On The Transition To Renewable Energy
Monday, March 1, 2021 - 11:03am | 762According to Mirova (Natixis Investment Managers’ affiliate), energy transition offers opportunities not only in solar and wind projects but also in the hydroelectricity, biogas, electric mobility and hydrogen industries Mirova (an affiliate of Natixis Investment Managers) has been operating...
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Nikola Details North American Fuel-Cell Vehicle Program
Tuesday, February 23, 2021 - 11:56am | 231Nikola Corporation (NASDAQ: NKLA) elaborated on its North American hydrogen fuel-cell electric vehicle (FCEV) commercial truck program. The company intends to introduce an FCEV variant of the Nikola Tre Cabover and the long-range Nikola Two FCEV Sleeper after the inauguration...
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Canadian Pacific Launches Hydrogen-powered Locomotive Project
Wednesday, December 23, 2020 - 6:08pm | 743Canadian Pacific (NYSE: CP) is starting a pilot project to develop a hydrogen-powered locomotive. As concerns for the environment rise, freight transporter companies face increasing pressure to reduce greenhouse gas (GHG) emissions. If successful, Canadian Pacific (CP) would be the first company...
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Nikola Shares Roll Downhill After Termination Of Republic Services Deal
Wednesday, December 23, 2020 - 10:23am | 538One of the former hottest 2020 SPACs continues to fall as it loses deals and partnerships. What Happened: Former SPAC Nikola Corporation (NASDAQ: NKLA) announced Wednesday that it's ending its collaboration with Republic Services (NYSE: RSG). The companies have discontinued a...
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Nikola Seeks Cheap Power For Hydrogen Fueling Facilities In Arizona
Thursday, December 17, 2020 - 7:23am | 521Electric vehicle maker Nikola Corporation (NASDAQ: NKLA) is exploring a cheaper source of power supply through an agreement with utility company Arizona Public Service Co, Bloomberg reports. What Happened: If the agreement falls in place, Nikola plans to produce cheap...
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Plug Power Extends Into e-commerce Space With Walmart
Wednesday, December 16, 2020 - 6:03pm | 618Plug Power (NASDAQ: PLUG) has announced that its hydrogen and fuel cell solutions are expanding into Walmart Inc. (NYSE: WMT) e-commerce applications. The expansion began in August 2020 and will continue into 2021, according to a release. The Tuesday announcement said that across North America,...
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Toyota Equips Kenworth Class 8 Truck With Updated Fuel Cell
Thursday, December 10, 2020 - 4:11pm | 1051Toyota Motor Corp. (NYSE: TM) is using second-generation fuel cell stacks from its 2021 Mirai passenger car for internal testing in production-intent Kenworth Class 8 trucks. Meanwhile, the Japanese automaker is handing off heavy-duty fuel cell trucks revealed in 2019 to customers for demonstration...
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Nikola Shares Drop As CEO Offers No Clarity On GM Deal
Wednesday, November 25, 2020 - 1:53am | 401Shares of electric vehicle startup Nikola Corporation (NASDAQ: NKLA) fell 7% in the after-hours session on Tuesday after CEO Mark Russell withheld from throwing light on the future of a $2 billion deal with General Motors (NYSE: GM). What Happened:...
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Cummins Sees $400M In Revenue From Making Hydrogen In 2025
Tuesday, November 17, 2020 - 12:29pm | 908Cummins Inc. (NYSE: CMI) sees $400 million in revenue from hydrogen-making electrolyzers in 2025. The company's vision: green hydrogen-powered fuel cell-powered trains, trucks and data centers. "Hydrogen technologies, particularly electrolyzers, will be a fast-growing and increasingly important...
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130% Increase In Fuel Cell Units Deployed Drives Plug Power's Best Quarter Yet
Monday, November 9, 2020 - 4:35pm | 536Shares of Plug Power rallied Monday after the hydrogen fuel cell company reported third-quarter results. Plug Power Q3 Earnings: New records were set by Plug Power Inc (NASDAQ: PLUG) in its third quarter. The company reported record gross billings of $125.6 million. This total was up 100...
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Daimler And Volvo Seal Fuel Cell Tie-up
Monday, November 2, 2020 - 4:56pm | 831The Volvo Group (OTC: VLVLY) and Daimler Truck AG will waste no time in developing hydrogen-powered fuel cells for long-haul trucking now that they have signed a binding agreement to form a jointventure in the rapidly expanding field of manufacturers pursuing the zero-emissions technology. Daimler...
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Plug Power CEO Andy Marsh On Why He Expects Fuel Cells To 'Dominate' By The End Of The Decade
Tuesday, June 30, 2020 - 12:25pm | 1004Hydrogen fuel cell company Plug Power's (NASDAQ: PLUG) stock surged after it announced its acquisitions of both United Hydrogen and Giner ELX, doubling down on its commitment to operate on at least 50% green hydrogen by 2024. The Buzz For EVs: The news follows a series of enticing...
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Hydrogen Costs Could Fall Quickly For Heavy-Duty Trucks
Tuesday, January 21, 2020 - 2:44pm | 749The cost of hydrogen for heavy-duty trucks could reach parity with low-carbon sources like battery electrics and even diesel fuel in some markets sooner than expected, according to a new report by the Hydrogen Council. As hydrogen production and distribution grow and equipment and component...
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CES 2020: Toyota Plans Hydrogen Fuel Cell-Powered City Of The Future
Tuesday, January 7, 2020 - 8:58am | 655Toyota Motor Corp. (NYSE: TM) will build a 175-acre hydrogen fuel cell-powered city of the future at the foot of Mount Fuji in Japan, populating it with employees and their families, retirees, scientists, and researchers, the automaker said at CES 2020. Called Woven City, the undertaking will be a...
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Hydrogen Markets Need Transparency; A Price Reporting Agency Looks To Give It Some
Monday, December 23, 2019 - 11:42am | 955When looking out over alternative low-carbon energy sources for the future of trucking and other forms of transportation, hydrogen plays an increasingly central role in the discussion. But what does hydrogen cost and what does it need to cost to be competitive with diesel? S&P Global Platts,...