Tag: FuelCell Energy
About $100 Billion Vanished After My Technology Warnings Were Public
The Financial Times supplied an interesting prompt this week. Short sellers have made an estimated $2.1 billion betting against Oklo, NuScale and Nano Nuclear, while $30.3 billion of their combined market value has disappeared since the three small modular reactor developers peaked in October 2025. I have been writing for … [continued]
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Ballard’s GeoPura Deal Turns Private Hydrogen Losses Into Public Dilution
Perpetual loss-making hydrogen fuel cell firm Ballard Power is paying £275 million for GeoPura, but only £82.5 million is cash. Most of the price is 50.8 million newly issued and dilutive Ballard shares, leaving GeoPura’s investors with about 14.4% of the combined company and subjecting much of their consideration to … [continued]
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Hydrogen Transportation After HVS: Narrow Niches, Big Subsidies, Long Pilots
HVS was not a fringe hydrogen truck company with a sketch and a slogan. It had a serious ambition, a real engineering team, public support, private funding, partnerships, prototypes, and a target market that sounded plausible enough: zero-emission heavy-duty freight. Hydrogen Vehicle Systems wanted to build fuel-cell trucks for a … [continued]
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Hydrogen for Transportation Didn’t Fail Just Once in 2025. It Failed Everywhere.
This year marked the point where hydrogen transportation stopped being a future tense conversation and became an accounting exercise. Across light duty vehicles, buses, trucks, trains, mining equipment, refueling infrastructure, and even aviation, withdrawals outpaced commitments. These were not isolated pilots failing at the margins. They were coordinated retreats spread … [continued]
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Stellantis Joins Growing List Of Hydrogen Mobility Retreats
Stellantis, one of the world’s five largest automakers and a proponent of hydrogen fuel cell electric vehicles for light commercial vehicles, has now formally signaled a retreat from its hydrogen ambitions. This pivot away from hydrogen-powered transportation represents yet another confirmation of the longstanding challenges faced by hydrogen in mobility … [continued]
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