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August 1st, 2022 | 12:14 CEST

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

  • Hydrogen
  • fuelcell
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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.

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    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 August 4th, 2022 | 14:31 CEST

    BYD chases Tesla, First Hydrogen is undervalued, and ITM Power with a buy signal

    • Hydrogen
    • Electromobility

    Hardly any other industry has such excellent prospects for the future as renewable energies. Whether electric mobility or hydrogen - all technologies are urgently needed and promoted. Among others, e-car manufacturer BYD is benefiting from this. In China, the Company is shining with significantly increasing sales figures and is on its way to knocking Tesla off its throne as the number 1 in the industry. It could happen faster than expected, as the Company plans to open its first showrooms in Germany and Sweden as early as October. ITM Power is overshadowed by Nel and Plug Power in the hydrogen sector. Analysts see a share price potential of over 100%. First Hydrogen also has potential. Analysts are currently observing the hydrogen newcomer's rise to the top tier and say there is an undervaluation compared to peer group company McPhy Energy.


    Commented by Carsten Mainitz on August 4th, 2022 | 11:51 CEST

    Nel, Altech Advanced Materials, Mercedes - It is getting exciting!

    • Hydrogen
    • Electromobility
    • Technology

    The challenges for the implementation of the energy turnaround are great. The desire to make greater use of renewable energy sources increased in light of the Ukraine war and the dependence on Russia that has become visible. Even after the highs of the Corona pandemic, supply chain issues and increased commodity prices continue to weigh. China's sabre-rattling illustrates that globalization not only brings benefits but also creates dependencies. In this respect, it is prudent for countries and industries to increasingly rely on national "solutions" or those that emanate from secure jurisdictions. In the megatrends of hydrogen technology and electromobility, investors should also keep an eye out for exciting companies from the second tier.


    Commented by Fabian Lorenz on July 27th, 2022 | 11:45 CEST

    Opportunity for BYD, Plug Power and dynaCERT? Russia turns on the gas tap

    • Hydrogen
    • Electromobility
    • renewableenergies

    Since yesterday, significantly less gas is flowing through the Nord Stream 1 pipeline to Germany. Russia is thus currently supplying only 20% of the possible capacity, showing again how unreliable Russia is and how dependent Western Europe - especially Germany is. On the other hand, it shows how important it is to promote alternative energies and energy efficiency, which means opportunities for companies like BYD, Plug Power and dynaCERT. Chinese carmaker BYD wants to expand its battery production and analysts see over 100% share price potential. dynaCERT could be due for a revaluation due to certification. Plug Power shareholders are currently watching the discussion about the government subsidy for hydrogen in the USA with bated breath.