According to peHUB, formerly secretive fuel-cell manufacturer Bloom Energy is seeking an additional $50 million dollars, which it is marketing to potential investors as their last chance to invest pre-IPO. Bloom claims that its solid oxide fuel cells (SOFCs) will be able to produce electricity from ...
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News Commentary | April 22, 2021
The $14.3 million investment, led by BNP Paribas ($8 million) and TDK Ventures, accounts for 3% of GenCell's shares. In February 2021, GenCell and TDK Ventures struck a separate $8.5 million deal to develop a green ammonia production process. The company's primary offerings include alkaline (KOH) ... Not part of subscription
News Commentary | October 19, 2021
Plug Power has created some buzz in 2021: The company received a $1.5 billion investment from SK innovation, formed a joint venture with Renault targeting the European light commercial vehicle market, plans to launch a 120 MW green hydrogen project in New York, and formed a partnership with Airbus ... Not part of subscription
News Commentary | February 04, 2022
Through a series of acquisitions, heavy‑duty engine manufacturer Cummins built a promising position in developing hydrogen solutions. However, its first use‑case of hydrogen will not involve fuel cells; in November 2021, the company announced a new 15‑L engine that can use both natural gas and ... Not part of subscription