NEL ASA NK-_20
Commented by Armin Schulz on June 1st, 2023 | 08:30 CEST
Nel ASA, First Hydrogen, Plug Power - Paving the way for hydrogen technology
Germany has shut down its nuclear power plants, and now the expansion of renewable energies is to be accelerated. But what happens to the surplus electricity when the sun shines all day? In order not to overload the grids, the energy is given away to neighbouring countries. In the future, it will be turned into green hydrogen that can cover the energy needs of industry and the transport sector. On May 25, the Federal Cabinet passed an amendment to the Energy Industry Act that defines the legal framework for a future hydrogen core network in Germany. Hydrogen technology will not only prevail in Germany. We, therefore, take a look at three international hydrogen companies.
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Commented by Nico Popp on May 30th, 2023 | 08:30 CEST
Hydrogen drumbeat - where things can move quickly now: Plug Power, NEL, dynaCERT
Green hydrogen is becoming a key technology for the industry in the fight against climate change. Wirtschaftswoche reports that by 2030, a whopping 13 million tons of hydrogen will be produced annually in Europe. But the necessary investments are still lacking. In the US, USD 10 billion have already been invested in hydrogen projects, while in Europe, only 7. In order for Europe to reach its goals, it must move faster. But this much already seems certain: companies in the hydrogen sector are facing an exciting phase - we take a closer look at three stocks.
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Commented by Fabian Lorenz on May 17th, 2023 | 07:55 CEST
Movement in the hydrogen sector: What are Nel ASA, ThyssenKrupp and dynaCERT doing?
There never seems to be a dull moment in the hydrogen sector. After the horror figures and the announced capital measure at Plug Power, Stellantis' investment in Symbio is a positive signal for the sector. French Symbio is focused on zero-emission hydrogen mobility and was previously owned by the Forvia Group and tyre manufacturer Michelin. Now Stellantis, the third largest car manufacturer in the world with brands like Peugeot, Opel and Fiat, has acquired a 33.3% stake. According to Stellantis, hydrogen fuel cells are necessary to achieve climate protection goals. dynaCERT also wants to contribute to this. Perhaps a big partner will soon join the Canadians? And what is the hydrogen pioneer Nel ASA doing with its partner General Motors? ThyssenKrupp is making its subsidiary look good for the hydrogen IPO.
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Commented by André Will-Laudien on May 11th, 2023 | 12:30 CEST
Financial crisis - which financial crisis? Spring bull market ahead: Mercedes-Benz, Blackrock Silver, Nel ASA, Plug Power - Still getting in now?
The stock markets are jumping from one high to the next. If it even comes, the long-anticipated recession has already been mentally filed away. That is because the GFK consumer climate index has been rising for 8 months, and the ifo index is once again close to the 100 mark at 96.5, which is considered an expansion signal among economists. Uncertainty in the financial sector could not be greater due to overnight takeovers. But after 8 consecutive US interest rate hikes, some market participants now believe the hawkish period is over. Since the ECB has been reluctant to get into the inflation fight, only 5 rate hikes have been registered here. Gold, silver, and even lithium are sensing the arrival of spring once again. We will now focus on three interesting stocks.
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Commented by Fabian Lorenz on May 10th, 2023 | 09:35 CEST
Panic at Plug Power: Hydrogen specialists Nel and First Hydrogen convince
Is the wheat being separated from the chaff in the hydrogen sector? This is the impression one could get in the last few weeks. First, Nel convinced with its quarterly figures. The Norwegians are finally getting a grip on their margins and are building the next gigawatt factory in the US. First Hydrogen is also investing in North America. A new site for the production of hydrogen and fuel cell commercial vehicles is to be built in Canada. Plug Power, on the other hand, has its work cut out. The US company disappointed with its quarterly figures on Monday evening. In addition, capital measures were announced. The share price fell by almost 10% in German trading yesterday.
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Commented by André Will-Laudien on May 3rd, 2023 | 07:15 CEST
The copper war! Nordex, Orestone Mining, Nel ASA, ThyssenKrupp - Shortage of copper weighs on Greentech expansion
The World Copper Conference 2023 took place in Chile in mid-April. According to the experts, the global energy turnaround requires huge investments in new industrial metal mines, especially copper. The red metal has become very rare, and the large deposits are working at their capacity limits. One figure made the conference participants turn pale. According to estimates by the International Copper Association (ICA), at least USD 105 billion must be invested to provide enough mining capacity for the upcoming demand. Converted into quantities, this means 6.5 million tonnes more than the production from 2022. Anyone hearing these figures doubts the successful solution to climate change. Some stocks are to be considered in this context.
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Commented by Stefan Feulner on May 2nd, 2023 | 09:25 CEST
Analysts in full swing - Nel ASA, dynaCERT, Enphase Energy
Technology companies, in particular, had their turn last week to present their first-quarter figures to the broad investor community. The Facebook group Meta exceeded its profit forecasts, and the technology giant Microsoft also impressed with its profit and turnover. In contrast, the picture in the second tier was mixed. The battery manufacturer Varta recorded significant losses. Another stock from the renewable energy segment experienced a massive sell-off, and analysts reacted promptly.
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Commented by Stefan Feulner on April 28th, 2023 | 08:30 CEST
Price-moving news at Nel ASA, Power Nickel and Varta
The first-quarter earnings season is currently at its peak. In addition to RWE, which doubled its quarterly profit, Deutsche Bank also reported further growth in profit. Surprisingly strong results were also reported from the second tier. As a result, there are interesting opportunities to enter the market, especially for stocks still lagging behind.
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Commented by Fabian Lorenz on April 26th, 2023 | 08:55 CEST
Caution at Nel ASA and drumbeat at Volkswagen: Can Canadian North Resources profit?
Things are getting exciting for shareholders of Nel ASA. The hydrogen pioneer will publish its figures for the first quarter tomorrow. A current buy recommendation does not help the share price. At least the expectations for the figures are anything but high at the moment. Is there anything positive to report on the order book? Plug Power recently placed an order with a competitor. In the battery sector, Volkswagen has caused a sensation. The Wolfsburg-based company has announced its intention to build its largest battery factory to date in Canada. The Canadian government is subsidizing the project and expects thousands of new jobs at VW and its suppliers. The latter could include Canadian North Resources. The Company is currently developing a vast area and has already found copper, nickel, cobalt, platinum, and palladium there. Another drilling programme has just been launched. It is hoped that lithium will also be found.
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Commented by André Will-Laudien on April 25th, 2023 | 07:20 CEST
100 gigawatts by 2030 - Hydrogen to the rescue! What happens to Plug Power, dynaCERT, Nel ASA and ThyssenKrupp?
According to various surveys, the installed capacity for hydrogen is currently just 1.75 gigawatts. Nuclear power is history, but still, Germany wants to become climate neutral by 2045 at the latest. How is this to be achieved? The EU has set some guidelines and wants to install 100 gigawatts of green hydrogen by 2030. That would require more than 60 times as many electrolyzers as today for Ursula von der Leyen's plan to work. The cost of research, development and production, including infrastructure, is about EUR 2.5 trillion, which EU citizens are expected to pay for a lower-emission future. What should investors pay particular attention to on the stock market now?
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