Qqq research FuelCell US ctr. BlackRock raised the stake to above 10% already. EXXON is going to give project to them soon. Now at bottom lagi. Loss making ctr. Boleh?
Any attempt to go straight to hydrogen cars will fail... that is why Toyota will fail...the way to do it is start with buses depot to depot, fixed routes with hydrogen in place
The word is "Public Transportation"...in case you're looking.. But hydrogen as fuel would not work.......otherwise, EV would never have progress until today......Period!
The company has been working to expand clean energy technologies, but it has yet to make money, and investors have been losing patience. In its fiscal first-quarter earnings report, the company said its project backlog was nearly 19% lower than the prior year as of January 31, 2023. The stock was trading near 52-week lows.
But investors piled in this week when FuelCell Energy announced it had received an order from ExxonMobil for its carbon-capture-technology equipment.
The order included long-lead fuel cell stack module equipment along with engineering support to demonstrate FuelCell Energy's carbon capture at an ExxonMobil facility. If the full-scale prototype performs adequately, a relationship with the energy giant could be very lucrative for FuelCell Energy.
ExxonMobil announced last month that it plans to move further into the carbon-capture business. It said it had entered into a partnership with industrial gas company Linde for future carbon capture and storage. Companies are looking for the technology to help achieve zero emissions, and FuelCell Energy's fuel cell unit design is one tool for reaching that goal.
The prototype order from ExxonMobil gives FuelCell Energy a bigger stage on which to prove the economics of its technology. Although the stock has been hit hard this year, many investors saw this equipment order as a catalyst and a reason to buy shares.
The word is "Public Transportation"...in case you're looking.. But hydrogen as fuel would not work.......otherwise, EV would never have progress until today......Period!
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toyota bet its future on hydrogen and missed the ev revolution....and Toyota didn't get Japan government help....I think some thing wrong with Japan government ever since 1990. ....Japan industrial policy worked until 1990 and then it failed. I think Japan failed because Japan trust america too much and try to be like America and neo liberal economics.
KUALA LUMPUR (Feb 16): A wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has signed a memorandum of understanding (MOU) with FuelCell Energy Inc to collaborate on the development of large-scale electrolyser facilities in Asia, New Zealand and Australia intended to power hundreds of thousands of homes with green hydrogen.
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BobAxelrod
8,255 posts
Posted by BobAxelrod > 2023-05-11 20:01 | Report Abuse
Snakey, someone asking in TG, can hoot or not?.......your vege lah.....