Close menu




June 1st, 2021 | 09:20 CEST

dynaCERT, Plug Power, Nel ASA - Hydrogen stocks pick up speed again!

  • Hydrogen
Photo credits: pixabay.com

Undeniably, 2020 was a fantastic year for stocks even remotely involved in hydrogen technology. It seems all too obvious that hydrogen will become an essential part of the new energy mix and play a central role in most major industrial and transportation projects. Whether as a fuel in the automotive industry (both for combustion and in fuel cell technology) or as a storage medium for smart power grids, the high-energy gas that burns only to form water is seen as the answer to many questions. Then, in early 2021, a trend reversal. Too many uncertainties about the green production and usability of hydrogen technology unsettled investors, so a correction followed. Now, however, hydrogen stocks are starting a new rally, and those who were too late last time should think about getting in now.

time to read: 4 minutes | Author: Carsten Mainitz
ISIN: CA26780A1084 , US72919P2020 , NO0010081235

Table of contents:


    dynaCERT - Win-win situation: billions saved through optimization

    Scientists at the Canadian Company dynaCERT have come up with an ingenious invention. If a small percentage of hydrogen is added to the combustion air of conventional diesel engines, combustion is optimized and carbon dioxide emissions are reduced by up to 19%. At the same time, hydrogen consumption is manageable and can be generated directly "on-demand" using a mobile HydraGEN electrolyzer. Due to the still large dimensions and high acquisition costs of the electrolyzer, the Company is currently focusing initially on industrial areas of application for its technology. One of these is the transportation industry. Trucks currently account for around 35% of global CO2 emissions. But the technology can also easily be used for large machines, such as in mining. Other conceivable areas of application are diesel-powered rail transport and shipping.

    The dynaCERT technology acts as a cost reducer for companies in two ways: on the one hand, diesel fuel consumption is reduced, but more important is the reduction in CO2 emissions. These are transmitted to the responsible environmental authority directly at the plant through a proprietary telematics solution so that the Company can continuously receive credits on its CO2 certificates. Once a global CO2 certificate trading system has been launched, companies will be able to turn these certificates into cash by selling them. The specialists at dynaCERT have already proven that the technology works and is ready for use in various pilot projects. The sales focus is currently clearly on the North American transport industry and globally on active mining companies. But especially sectors and countries that do not have the means to immediately replace the current diesel technology with electric drives are likely to soon develop a keen interest in the bridge technology developed by dynaCERT.

    To better address this growing demand, the Company yesterday announced Stephen Kukucha to its Board of Directors. Kukucha built a wealth of experience in his previous roles at Ballard Power Systems and as a director of the US Fuel Cell Council, among others, and as a co-founder of a company in the renewable energy sector. He will replace Elliot Strashin as a director in the future. As a loyal shareholder, Strashin will now focus on his duties as co-owner of a new dynaCERT dealer and will continue to be available to the Company as a consultant.

    For us, the share, which the analysts at GBC attest a price potential of up to CAD 2.20, is thus definitely a buy candidate. The share price is currently hovering around CAD 0.42.

    Plug Power - Exceeds psychologically important mark of USD 30

    The US specialist in the production of fuel cells and electrolyzers seems to have finally ended its slide on the stock market. Last week, after a real rally, Plug Power finally left the valley of tears and exceeded the psychologically important mark of USD 30. Thus the way upward seems to be free again. To make up for the losses since the beginning of the year, the industry leader continues to step on the gas: the Company is currently actively looking for candidates for fruitful partnerships. With this in mind, a cooperation agreement was recently signed with the British catalyst manufacturer Johnson Matthey. The latter is to help further improve Plug Power's electrolyzer technology and establish a closed recycling loop for both companies' products.

    Another partnership was recently agreed with the South Korean SK Group, already invested in Plug Power. Through a joint venture, a new factory for the production of fuel cells and electrolyzers is to be built in South Korea by 2023, thus accelerating the expansion in South Korea, Vietnam and China. CEO Andrew Marsh announced in a recent interview with Nikkei Asia that the Company expects Asia's share of Plug Power's total sales to rise to as much as one-third in the next four to five years.

    For 2024, they are still targeting total sales of around USD 1.7 billion, up from USD 337 million in 2020. That might sound like an ambitious goal, but climate change can slowly no longer be postponed. In the coming years, demand for climate-neutral technologies will explode. By then, Plug Power will have established a unique market position. Analysts calculate an average price target of USD 49 for the share, which corresponds to a potential of around 60%.

    Nel ASA - Share price recovery for hydrogen specialist

    Investors in the hydrogen pioneers of Nel ASA have been used to suffering in recent months. Thus the former Shooting star from Norway had to accept a halving of its enterprise value at the stock exchange since the beginning of the year. At least since then, a positive newsflow could be created, which provided for an interim recovery of the share price. One of these news items was the signing of a letter of intent with the Spanish Iberdrola Group to construct a 230 MW electrolyzer to produce green fertilizer. Unfortunately, this bubble burst less than a week ago: at the last minute, Iberdrola broke away from the agreement and awarded the contract to competitor Cummins - a capacity of 500 MW is now to be expanded, with the option of expanding to 1 GW. The share price of Nel initially dropped after this disappointing news, but within the past week, these losses have been largely recovered. Even more, currently, the paper seems to stabilize around the NOK 18 mark. Because the Company will continue to operate at a loss until at least 2024, further price development appears limited.


    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 in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

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

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Carsten Mainitz

    The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

    About the author



    Related comments:

    Commented by Fabian Lorenz on June 29th, 2022 | 12:18 CEST

    Buy or sell? Nel, Zalando, Aspermont under analyst review

    • Commodities
    • Investments
    • Hydrogen
    • Mining

    After the heavy losses of the past months, a countermovement seems to be starting at the moment. Whether this will turn into a real summer rally remains to be seen. Buy or sell is the question. Analysts see a price potential of over 50% for Nel ASA. Even though competition from China and India is increasing. Aspermont also appears attractive at the current price level. The latest quarterly figures were positive, and the positioning of the small-cap in the booming commodities sector is promising. At Zalando, analysts react to the profit warning, and the price targets are significantly reduced. Nevertheless, some advise buying the online fashion retailer, but not everyone.

    Read

    Commented by Carsten Mainitz on June 29th, 2022 | 11:44 CEST

    First Hydrogen, Daimler Truck, Mercedes-Benz - Will the EU Parliament's exit from combustion engines provide the next boost?

    • Hydrogen
    • Electromobility

    A few days ago, the EU Parliament decided to phase out combustion engines in cars and small commercial vehicles by 2035. The approval of the individual member states is still required to adopt the new directive. Although there are currently still disagreements within the German government as to whether Germany should agree to the ban, the directive can be passed with binding effect by a qualified majority even if Germany abstains. What impact would such a ban have?

    Read

    Commented by André Will-Laudien on June 28th, 2022 | 16:10 CEST

    Hydrogen once again: Nel, Plug Power, dynaCERT - Shares for the next climate rally

    • Hydrogen
    • GreenTech
    • Technology

    For the GreenTech movement, the current malaise could not be more appropriate. All governments worldwide have felt the dangerous dependence on fossil fuels in their budgets. The approach of winter in the northern hemisphere has power plant planners trembling. Hydrogen, at least as an energy supplier in terms of locomotion, is a tried and tested means of supporting the unbinding of oil & gas over the medium term. However, investments in new H2 technologies are still too low to speak of an alternative to conventional drive systems. We take a look at the protagonists of hydrogen technologies.

    Read