Close menu

August 1st, 2022 | 12:14 CEST

Are the hydrogen stragglers igniting now? NEL, dynaCERT, Plug Power

  • Hydrogen
  • fuelcell
Photo credits:

500 hp, a speed beyond 200 km/h, a range of 1,000 kilometers - and still only water vapor comes out of the exhaust! The dreams of environmentally conscious car enthusiasts could soon come true. In the fall, French manufacturer Hopium plans to unveil its "Machina" model. Such lighthouse projects are currently driving the entire industry. We take a closer look at the three stocks, NEL, dynaCERT and Plug Power and tap into their prospects. Let's go!

time to read: 3 minutes | Author: Nico Popp
ISIN: NEL ASA NK-_20 | NO0010081235 , DYNACERT INC. | CA26780A1084 , PLUG POWER INC. DL-_01 | US72919P2020

Table of contents:

    NEL: Major order ushers in a new era

    NEL is an old acquaintance of hydrogen investors. The Norwegians are professionals in the production, storage and distribution of hydrogen. So they cover exactly the area that is important to get the new technology on the road. As early as mid-July, the share price surged and has since gained around 37% in value within a month. In the meantime, NEL announced a new record order for the delivery of electrolyzers. These are needed to produce green hydrogen in the first place. The order volume exceeded everything NEL had ever done before by a factor of ten and is therefore considered a pointer. For months, NEL only made a name for itself with mini orders. These orders repeatedly cast doubt on the already high valuation. In the meantime, however, the Company also seems to have entered a new era in operational terms.

    Plug Power with tailwind from governments

    NEL competitor Plug Power also made significant gains on the stock market recently. Here, too, an order put the Company in a good mood: Irving Oil of Canada has ordered a container electrolyzer system with a total capacity of 5 MW. Both NEL and Plug Power are currently benefiting from the fact that hydrogen technology is becoming increasingly competitive. In addition, the US Democrats want to pump billions into climate protection. In Germany, too, people are desperately looking for alternatives to fossil fuels, such as gas or diesel. Just a few weeks ago, Clean Logistics, a company based in northern Germany, unveiled a hydrogen truck whose key data are impressive and which is supposed to combine proven handling with environmentally friendly technology for drivers.

    dynaCERT: Breakthrough in the mining industry?

    While companies like NEL and Plug Power can already report increasing order numbers and were previously among the first choice for hydrogen investors anyway, things look a bit different for dynaCERT. dynaCERT uses hydrogen technology to make existing diesel engines more efficient and cleaner. According to independent reports, consumption is said to drop by up to 19%. For years, dynaCERT pushed into the passenger car and bus sector - with limited success. In the meantime, the Company is focusing on heavy machinery.

    At the end of May, dynaCERT reported that it had sold seven of its HydraGEN units to mining companies operating in South America. There, the units are used in large trucks and Caterpillar dump trucks. Diesel generators are also expected to become greener thanks to dynaCERT. The partial success in the mining industry is soon to be followed by a big hit. The Company is currently waiting for certification in order to be able to enter the sales market on a large scale. The dynaCERT share shows the chart of a typical growth stock - those who have been with the Company for a long time have had little joy so far. However, it looks much better for traders who trusted the stock at the low and used repeated drastic increases to take profits. Currently, the share is trading at EUR 0.08, only marginally above its previous low of EUR 0.06. The market environment around hydrogen has brightened, and dynaCERT seems to have found its niche. However, the share remains extremely speculative.

    Hydrogen shone with a bright future in 2020 and then pretty much went out, but now realism is returning. Large hydrogen stocks like NEL and Plug Power are measured against tangible results. These results are yet to come for many smaller companies, such as dynaCERT. For investors, this can be an opportunity. However, private investors must remember that not all companies around new technologies will succeed in the long term. However, those who actively trade trending stocks will currently find attractive conditions in shares such as dynaCERT.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author

    Related comments:

    Commented by Fabian Lorenz on November 23rd, 2022 | 11:43 CET

    China causes a bang in Qatar: Opportunity for Nel ASA, Plug Power, First Hydrogen, ITM Power

    • Hydrogen
    • greenhydrogen

    Germany wanted to secure liquefied natural gas (LNG) from Qatar to reduce its dependence on Russia. But now China is digging in and securing LNG supplies from the emirate for the next 27 years. During this time, 108 million tons are to be supplied. Germany only wanted to commit for 5 years. While this does not necessarily take the German government's deal off the table, it does show that gas supplies will continue to be anything but secure or cheap in the future. And it shows how vital hydrogen will be in the future and that policymakers must push for its promotion because hydrogen from renewable energies can at least partially replace natural gas. Companies like Nel ASA, Plug Power and First Hydrogen can benefit from this. In 2022, however, only First Hydrogen was convincing.


    Commented by Armin Schulz on November 21st, 2022 | 14:22 CET

    BYD, dynaCERT, Plug Power - Sustainable shares for the portfolio

    • Hydrogen
    • greenhydrogen
    • Electromobility

    The end of fossil fuels is inevitable. The only question is how quickly we can make the transition. And the answer to that question will determine the extent of the impact of climate change. Last year alone, more than USD 6 billion was pledged to phase out fossil fuels. And this trend will only intensify. The Paris Agreement, signed by nearly 200 countries in 2016, set a goal of limiting global warming to below 2°C. Vehicles with internal combustion engines are major emitters of emissions. If we succeed in reducing CO2 emissions here, we will be closer to achieving the targets. Today we take a look at three companies that are helping to make mobility more environmentally friendly.


    Commented by André Will-Laudien on November 14th, 2022 | 12:46 CET

    Hydrogen buying panic for COP27: Plug Power, First Hydrogen, Nel ASA, Ballard Power - 100% rally ahead!

    • Hydrogen
    • Logistics

    That was a turn on the heel. DAX and NASDAQ were ablaze two weeks ago. But now buyers have prevailed and are defying the adverse environment. The favorite stocks of investors are back again. With the narrow victory of the Democrats in the Senate, Joe Biden can now continue his ambitious future program for modern infrastructures unhindered. The hydrogen sector could be one of the beneficiaries; some stocks have already recovered more than 20% in just 48 hours. Which title has the best cards?