Close menu




November 12th, 2021 | 13:52 CET

NEL, dynaCERT, FuelCell Energy, Plug Power - How far will the hydrogen wave carry us?

  • Hydrogen
Photo credits: pixabay.com

The average temperature on Earth should rise by no more than 1.5 degrees Celsius over the next few decades. 190 countries agreed on this target in Paris in 2015. Since then, there have been four further world climate conferences. The fifth is now underway in Glasgow, Scotland, and is scheduled to end today, Nov. 12. It is not only the EU that is tightening its climate targets - around the globe, more and more countries are decarbonizing their economies. The topic of hydrogen is a rainmaker in this context. Here the question arises, when will it really start? According to the World Energy Council (WEC) analysis, at least 20 countries accounting for almost half of global economic output have already adopted a national hydrogen strategy or are at least close to doing so. We take a look at well-known protagonists.

time to read: 4 minutes | Author: André Will-Laudien
ISIN: NEL ASA NK-_20 | NO0010081235 , DYNACERT INC. | CA26780A1084 , FUELCELL ENERGY DL-_0001 | US35952H6018 , PLUG POWER INC. DL-_01 | US72919P2020

Table of contents:


    Nel ASA - Is the way clear now?

    The share price of the Norwegian hydrogen Company Nel ASA was able to recover on Euronext Oslo in the last 6 weeks from the low reached at NOK 11.89 to the area of NOK 20. At the beginning of November, the price is now faltering at this breakout mark. The most recently reported figures have topped analysts' expectations somewhat, but will this be enough for an 80% rise in the share price?

    In the public discussion, the UN Climate Conference has finally brought the topic of hydrogen back into focus. The example of the EU shows how gigantic the prospects are for the Norwegian hydrogen specialist Nel, among others. Europe is planning to expand its green hydrogen electrolysis capacities to a target of 40 gigawatts by 2030. At the moment, the Norwegians can produce electrolyzers with a total capacity of around 40 megawatts per year, which is only one-thousandth of the capacity defined by the EU. Assuming investments are made, Nel could therefore claim a decent share for itself in the future. What it needs now are private initiatives in addition to government research funds.

    The Nel share price technically hit its head first at EUR 2.04 and bounced back down to EUR 1.90. This is all still within the scope of a standard consolidation after the substantial rise. Long investors should draw in a stop line of EUR 1.80 to secure profits.

    dynaCERT - Tailwind from the climate conference in Glasgow

    For dynaCERT shareholders, the climate conference in Glasgow came at precisely the right moment. The share price had been sliding downwards for months on thin news, reaching a low of CAD 0.20 in Canada. But then the counterattack started at the beginning of November. In just 2 trading days, the share price doubled to CAD 0.40. What had happened?

    At the start of the conference, dynaCERT was able to come up with two important progress announcements. First, Verra, an international greenhouse gas program management institute, announced that dynaCERT's technology had moved forward an important approval step. Monika Wojcik of Environmental Partners, of the UK, advisor to dynaCERT on carbon credits, commented, "Approval of the new methodology could play an important role in the voluntary carbon market, which could grow from USD 300 million to over USD 550 billion to meet the demand for carbon neutrality in the near future. In the transportation sector, which is not yet represented in the carbon market, the introduction of dynaCERT's HydraGEN Units is a milestone in CO2 reduction, as monetization via certificates can soon be supported for customers."

    The conference also kicked off with an important contract signing with Sofina Foods. Through its partner KarbonKleen Inc, Sofina will purchase an additional 16 HydraGEN technology units from dynaCERT to use the patented technology to improve the efficiency of diesel engines and reduce their emissions. dynaCERT also already has the appropriate telematics software onboard, HydraLytica, to officially measure the CO2 savings and document them for the relevant environmental authority. The DYA share thus has solid ground under its feet and can play to its strengths in the round of hydrogen stocks.

    FuelCell Energy versus Plug Power - That could be it!

    A closer look at the state of the industry is offered by the technical analysis of the billion protagonists FuelCell Energy and Plug Power. Both stocks are analytically elusive, as the price-to-sales ratios of 30 and 22, respectively, based on 2022 revenues, still show the several-year lead time with which these stocks are valued on the stock market.

    FuelCell Energy has had a long history of negative cash flows and dilutive capital raises. Plug Power had to clean up balance sheet valuation ratios at the beginning of 2021 and could only regain its footing towards September.

    However, both stocks remain unchanged in investors' favor. Like Nel, they were able to ignite a good rally just in time for the climate conference and improved by a full 80% within 6 weeks. The old stock market darling Plug Power was somewhat more dynamic. Now both shares stand, however, at important resistances of EUR 10 and EUR 38. The momentum in both titles tilts now to the right somewhat, and the MACD already gives a short-term sell signal.

    FuelCell's stock was able to go back above its 200-day line only a week ago, but it is still tilted downwards. Plug Power has overcome the 200-day line very strongly with 20% and could turn it back up in the next few weeks. In conclusion, both stocks are still fundamentally off their rocker, and momentum is also weakening again. Plug Power can probably hold on a bit longer, but an investment in both stocks is still a hustle.


    The hydrogen sector was certainly temporarily a top performer among all future segments of the stock market. Overall, only one Tesla stock has outperformed it at the peak. Companies that can provide a product solution have an analytical advantage because they are already generating tangible sales. dynaCERT produces H2 system solutions, which are now increasingly in demand, and the stock is also starting to attract attention again.


    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

    André Will-Laudien

    Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

    About the author



    Related comments:

    Commented by Fabian Lorenz on May 22nd, 2024 | 08:00 CEST

    Hydrogen stocks with top news! Plug Power, Thyssenkrupp Nucera and dynaCERT in focus!

    • Hydrogen
    • renewableenergies
    • greenhydrogen

    Despite negative quarterly figures, the Plug Power share has developed positively in recent days. Is this the turnaround for the hydrogen pureplay? The Americans recently reported progress on a mega-project. dynaCERT is strengthening its position with an industry expert and former Daimler manager. The technology company is thus preparing for the breakthrough of its products aimed at reducing emissions in diesel vehicles. All that is missing now is VERRA certification for the issue of CO2 certificates. At Thyssenkrupp Nucera, the quarterly figures currently have to be digested. Analyst comments sound somewhat disappointed, but the price targets still leave room for growth for the German hydrogen hopeful.

    Read

    Commented by André Will-Laudien on May 22nd, 2024 | 07:15 CEST

    The party is over - Sell defense stocks now! Rheinmetall, First Hydrogen, Renk and Hensoldt

    • Hydrogen
    • renewableenergies
    • Defense
    • hightech
    • armaments

    While the DAX and NASDAQ are reaching new highs, sectors like armaments and high-tech are taking a break. After an extended rally, it is also good to see other stocks coming back into focus. A surprising rebound in Plug Power sent the bombed-out stock soaring by 80%, but unfortunately, 60% of this gain was quickly lost. Easy come, easy go! A significant sell-off occurred at Renk, raising the question of when Rheinmetall and Hensoldt might follow suit. We analyze the current trends in more detail.

    Read

    Commented by André Will-Laudien on May 16th, 2024 | 07:00 CEST

    Attention: Here we go! Hydrogen and uranium on the rise: Plug Power, Nel ASA, Kraken Energy and Siemens Energy in focus

    • Mining
    • Uranium
    • Hydrogen
    • renewableenergies
    • Energy

    It has finally happened! After months of sell-offs in hydrogen shares, there was a sigh of relief across the sector the day before yesterday. The reason: industry leader Plug Power received a government guarantee of USD 1.66 billion as backing for the construction of six-megawatt sites nationwide to create an initial hydrogen infrastructure. The Department of Energy (DOE) is thus demonstrating that the US is serious about investing in alternative energies. The decision boosted the entire energy sector, with uranium also continuing its recent upward trend. Where do the opportunities lie for investors?

    Read