Tag: Plug Power
Trump’s Big, Beautiful Bill Accelerates Hydrogen Economy’s Inevitable Fall
For years, I’ve been openly dismissive of the hydrogen for energy economy—particularly the financial prospects of its most hyped members, Plug Power, FuelCell Energy, and Ballard Power. The hydrogen-for-energy vision was never built on firm economic foundations. It relied heavily on the ongoing generosity of governments to subsidize fundamentally and … [continued]
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Hydrogen’s Harsh Reality: Plug Power, Ballard, and FuelCell Near the End?
Plug Power’s stock has dipped into dangerous territory, trading below the critical $1 threshold required by Nasdaq, signaling yet another existential crisis for the firm. This isn’t the first time Plug has flirted with financial oblivion, of course; the company executed a 1-for-10 reverse stock split back in 2011 to … [continued]
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British Columbia Pays HTEC Millions For Another Hydrogen Station Nobody Needs
HTEC just opened another hydrogen fueling station in British Columbia. It sits gleaming and underused in the Lower Mainland, one more high-cost monument to a transportation future that never arrived. It’s an infrastructure project aimed at a market that doesn’t exist, serving vehicles that aren’t being driven, with fuel no … [continued]
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Green Hydrogen Gets A Ceramic Catalyst Makeover
Green hydrogen is front and center as Europe locks down local energy resources in an effort to separate itself from Russia’s fossil fuel economy.
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Perpetual Hydrogen Money Loser FuelCell Energy, Like Ballard, Pivoted From Batteries
How can a company never make a profit for over 50 years and still be around? How can it still find investors? FuelCell Energy is that company, and its continuing existence, like that of other perpetual money losing hydrogen fuel cell firms Ballard Power and Plug Power, is deeply perplexing. … [continued]
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