Ballard to deliver 50 hydrogen fuel cells to MCV under multi-year agreement
Ballard Power Systems will provide fuel cell systems totalling 5MW to the Egyptian truck and bus manufacturer.
Ballard Power Systems will provide fuel cell systems totalling 5MW to the Egyptian truck and bus manufacturer.
“We’ve been clear in our recent strategy reset announcement that we’re focused on high-graded projects in hydrogen and carbon capture, prioritising 5-7 projects for this decade,” BP told H2 View. “Therefore, we are no longer...
In an impatient investment landscape with no policy crutches, Hydgen is building its business model on solving real hydrogen supply challenges today.
Tata Motors will deploy two Tata Prima H.55S trucks – one equipped with a hydrogen ICE and the other with a fuel cell – alongside the Tata Prima H.28, an advanced H2ICE truck.
The new project extension is expected to be valued at €10.6m ($11.15m), adding to the original scope of €19.8m ($20.8m).
Having never logged a profit in its 28-year history, the company sits on an accumulated deficit of $6.6bn.
CEO Marko Virkebau said, “This funding gives us firepower to execute our roadmap, enhance our production capabilities, and provide our customers with electrolysis technology that allows significant cost-down on the price of green hydrogen.”
Market demand and technological challenges continue to confront hydrogen mobility operators, with cuts to fuelling infrastructure being applied in the US, Germany, and Poland, and the closure of a US fuel cell and truck firm.
The withdrawal impacted all 25 hydrogen buses operated by MPK Poznan, with Solaris reportedly highlighting poor hydrogen quality as the most likely malfunction.
Hyundai’s XCIENT fuel cell-powered trucks will be used to deliver goods to stores across Northern Germany.
