Menu

Recent Interviews

Lewis Black, CEO, Almonty Industries

Lewis Black
CEO | Almonty Industries
100 King Street West, M5X 1C7 Toronto (CAN)

info@almonty.com

+1 (647) 438-9766

Interview with mine operator Almonty Industries: "Tungsten makes e-cars better"


Nick Luksha, President, Prospect Ridge Resources

Nick Luksha
President | Prospect Ridge Resources
1288 West Cordova Street Suite 2807, V6C 3R3 Vancouver (CAN)

info@prospectridgeresources.com

Interview Prospect Ridge Resources: These fillets taste good to the market


Dirk Graszt, CEO, Clean Logistics SE

Dirk Graszt
CEO | Clean Logistics SE
Trettaustr.32, 21107 Hamburg (DE)

info@cleanlogistics.de

+49-4171-6791300

Interview Clean Logistics: Hydrogen challenge to Daimler + Co.


26. November 2021 | 13:04 CET

Plug Power with a bang - what are Nel and First Hydrogen up to?

  • Hydrogen
Photo credits: pixabay.com

Hydrogen shares are in demand again. The basis for the industry is the political will for hydrogen to become a central pillar of the energy transition. It applies to numerous industrialized countries, and Germany's new traffic light coalition will also stick to it. But there is also positive news from the companies in operational terms. Following ThyssenKrupp's plans to float its hydrogen division on the stock market, Plug Power has now reported a major order with charisma. That should also give new impetus to hydrogen shares such as First Hydrogen and Nel.

time to read: 2 minutes by Fabian Lorenz
ISIN: PLUG POWER INC. DL-_01 | US72919P2020 , NEL ASA NK-_20 | NO0010081235 , First Hydrogen Corp. | CA32057N1042


Sebastian-Justus Schmidt, CEO and Founder, Enapter AG
"[...] Why should a modular electrolyzer cost more than a motorcycle? [...]" Sebastian-Justus Schmidt, CEO and Founder, Enapter AG

Full interview

 

Author

Fabian Lorenz

For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

About the author


Plug Power to build 100 MW in Egypt

Plug Power has won a major contract from a green hydrogen consortium to supply a 100-megawatt electrolyzer. The PEM electrolyzer is expected to be the largest of its kind when commissioned and will be located in Egypt. The plant will produce green hydrogen for the production of up to 90,000 tons of green ammonia. Egypt has sufficient renewable energy resources and is considered a good location for green hydrogen production. The plant is expected to be ready for production in about 12 months and will be the largest green hydrogen plant globally. It is a highly prestigious order for Plug Power. It represents a breakthrough in the Middle East, where Abu Dhabi, Dubai and Saudi Arabia are currently racing to be the "largest producer" of green hydrogen. Even though Plug Power's stock barely reacted to the order, the chart looks promising.

First Hydrogen: Newcomer with potential

First Hydrogen's stock has yet to take off. Yet, the Canadian Company is well on its way. It aims to become the leading manufacturer of zero-emission, long-range hydrogen-powered commercial vehicles in the UK, EU and North America. Several experienced industry experts have joined forces to achieve this goal. With the "First Hydrogen Utility Van", a vehicle is currently in development with which First Hydrogen is addressing major logistics companies such as Amazon, UPS and DHL. The Company is pursuing a "best of" strategy, which means that proven chassis are used to reduce development time and costs. The prototype construction time is expected to be a maximum of 12 months, well below the industry average. Cooperation with two high-caliber companies was already agreed upon in the second quarter. Ballard Power, a global provider of innovative clean energy with a hydrogen fuel cell fleet, was secured for the technology. For the design, a definitive agreement was reached with AVL Powertrain UK, the world's largest independent automotive engineering, simulation and testing company. Two hydrogen-powered light commercial vehicles are scheduled for delivery in the third quarter of 2022 for demonstration purposes.

In addition, First Hydrogen will also offer fuel cell-powered CO2 extraction systems that will allow users to operate the systems in remote locations - even without a power grid. At CAD 1.65, the stock is still trading well below its all-time high of CAD 2.30 in June 2021, though the Company is a good deal further along today than it was then.

Nel: Rebound underway

The Nel share tended to fall in recent days but then started to rebound on Thursday. The reason is a new order from Sweden. Nel announced that it had received an order for an alkaline water electrolyzer with a capacity of 20 megawatts. The customer is Ovako, a European manufacturer of structural steel. The electrolyzer is to be installed at Ovako's existing plant in Hofors, Sweden. Hydrogen is used there to heat steel before rolling and hot forming. The fossil-free hydrogen will replace fossil propane gas, which is currently still used to heat the furnaces at the plant.
"There is enormous potential for reducing CO2 emissions from steel heating processes by using green hydrogen. There are many similar sites with equally great potential for decarbonization throughout Europe and the rest of the world," says Jon André Løkke, CEO of Nel.


Hydrogen stocks are stepping on the gas again. Plug Power and Nel are among the industry heavyweights. But investors should also look at newcomers like First Hydrogen.


Author

Fabian Lorenz

For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

25. November 2021 | 12:58 CET | by André Will-Laudien

Nel ASA, Enapter, Plug Power, ThyssenKrupp - Hydrogen now or never!

  • Hydrogen

It sounds crazy, yet we have arrived at the times when billionaires ask social platforms if they can flog a part of their shares to flush some money into the empty state coffers. In an age of powerful wealth shifts in favor of stock owners, this is perhaps legitimate, or nice, as it is sometimes referred to in the press. But appearances are deceptive. Behind a generally formulated question about whether one should sell shares lies the precise calculation of shifting blame if the announced sale causes a significant price loss. What then happens is a self-fulfilling prophecy with one small difference: the intention to sell was previously legitimized, so to speak, by public vote.

Read

24. November 2021 | 13:25 CET | by Carsten Mainitz

Clean Logistics, Ballard Power Systems, Nel ASA - Hydrogen shows its strengths in logistics!

  • Hydrogen

It may seem as though the race for drive concepts of the future has been decided, and the e-drive in combination with battery storage has prevailed. However, in the area of transport logistics, the last word does not seem to have been spoken yet. Prominent examples here include the new cooperative concepts of Nikola and Bosch in fuel cell development or the cooperation between TotalEnergies and Renault in the area of small delivery vehicles. The following companies are also likely to benefit significantly from further advances in hydrogen technology.

Read

19. November 2021 | 10:55 CET | by Nico Popp

NEL, Enapter, Plug Power: Where does the music play for hydrogen?

  • Hydrogen

Hydrogen is an essential pillar of the climate turnaround - after all, hydrogen as an energy carrier releases no CO2 and can be produced using renewable energy. But the technology is only just taking off. Such early phases are characterized by volatility and lean periods on the market. But those who believe in hydrogen for the long term can seize opportunities right now - after all, many shares are trading well below their peak prices. We present three stocks.

Read