fuelcell energy – Thinking Port

Perpetual Hydrogen Money Loser FuelCell Energy, Like Ballard, Pivoted From Batteries

March 1, 2025 admin 0 Comments ballard, bloom energy, carbon emissions, clean power, climate change, Energy, fuelcell energy, green economy, hydrogen, hydrogen fuel cell, hydrogen fuel cell electric vehicles, investment, plug power, us department of energy (doe)

Credit to Author: Michael Barnard| Date: Fri, 28 Feb 2025 00:51:24 +0000

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]

The post Perpetual Hydrogen Money Loser FuelCell Energy, Like Ballard, Pivoted From Batteries appeared first on CleanTechnica.

CleanTech Energy News Science

Plug Power Has Lost $3.12 Billion Since 2010, Never Turned A Profit, Stock Collapsing

March 1, 2025 admin 0 Comments ballard, carbon emissions, clean power, clean transport, climate change, Energy, Energy Storage, Fossil Fuels, fuel cell, fuelcell energy, green economy, hydrogen, hydrogen fuel cell electric vehicles, investment, plug power, us department of energy (doe)

Credit to Author: Michael Barnard| Date: Thu, 27 Feb 2025 03:40:15 +0000

This is the year that the hydrogen bubble pops, especially for transportation, but increasingly for all hydrogen for energy plays. One of the firms on my hydrogen death watch is Plug Power, which has managed to lose $3.12 billion of other people’s money since 2010, about $200 million a year … [continued]

The post Plug Power Has Lost $3.12 Billion Since 2010, Never Turned A Profit, Stock Collapsing appeared first on CleanTechnica.