Plug Power cuts costs, slows hydrogen investments after $970m impairments
“While we made great strides in improving cash flows in 2024, it is clear based on market dynamics that we have to make additional strides,” said Plug CEO, Andy Marsh.
“While we made great strides in improving cash flows in 2024, it is clear based on market dynamics that we have to make additional strides,” said Plug CEO, Andy Marsh.
The MRNE has said 37 hydrogen fuel cell and ICE-powered vehicles will be tested, and up to nine refuelling stations could be installed.
The producer has already been supplying hydrogen to Inocel from its Belfort and Saint-Égrève plants for its fuel cell test benches.
Bosch said the $200m expansion has been delayed after the hydrogen fuel cell mobility market experienced “significant changes over the past year.”
Ballard President and CEO, Randy MacEwen, tells H2 View about how the fuel cell maker is restructuring, cutting costs and fighting for long-term success in a tough hydrogen market
The EU and India are setting up joint research cooperation on waste-to-hydrogen as part of a collaborative push behind clean technologies.
Issues surrounding hydrogen’s properties and cost make it difficult to justify as a mass-market solution for domestic heating, according to Suzanne Mattei, Energy Policy Analyst at the climate action think tank, Institute for Energy Economics...
Its hydrogen-powered trucks have been recalled as the bolts may be too long and could damage the tank – therefore increasing the risk of a hydrogen leak and, potentially, a fire.
HyHaul brought together UK-based operators to gain firsthand experience of hydrogen—powered HGVs.
Zepp.solutions will provide its X150 fuel cell modules to deliver power outputs exceeding 1MW in a retrofitted cruise vessel.
