My kid just got a fuel cell car kit that uses a small solar panel to generate hydrogen from a tank of water and then burns it in a fuel cell to make the car move. Why isn't this same technology being used to power houses/cars?
📷 More DD Research on $PLUG at: r/PLUGgreenhydrogen
PLUG POWER is the proven leader in the Fuel Cell Manufacturing Field —> having proven up their Hydrogen Fuel Cells to power Forklifts in warehouses & distribution centers for major corporations like Amazon, Walmart, Carrefour, IKEA, Home Depot, Nike, BMW, etc.
PLUG POWER’s Fuel Cells have been proven up in the harshest environments in the world —> Warehouses & Distribution Centers —> POWERING Forklifts to move thousands of pounds of products every hour, vibrating constantly, moving in & out of cold storage sub-freezing temperature, and all the while operating at 100% Full Throttle Power (No Battery droop applicable). Hydrogen provides 100% Full Throttle Power for the full charge — for an entire shift, and refueling happens in just minutes!
Next —> PLUG POWER is on the verge of entering into ON ROAD Mobility such as Commercial Vehicles including LCV‘s (Heavy Duty Delivery Vans) to meet the growing demand for parcel home delivery. With proven Hydrogen Fuel Cell Engines, PLUG POWER’s move into ON ROAD Mobility will be like a “walk in the park” compared to the harsh environment of powering forklifts.
The Advantages —> PLUG POWER’s Hydrogen Fuel Cells will deliver a LONGER RANGE & FASTER REFUELING than anything on the market!
BY THE END OF 2022 —> PLUG POWER will have 70 Metric Tons per Day of Green Hydrogen Fuel Production from a Plant Network built across the United States. 🇺🇸
New Markets slated to open up fast —> At first, we’ll likely see PLUG POWER’s Joint Venture Partners -and- Top Tier Fortune 500 Company Customers transitioning over to Hydrogen Fuel Cell Vehicles like LCV’s (Heavy Duty Delivery Vans) to meet the massive demand for at-home parcel package deliveries.
PLUG POWER is targeting 30% of the 500,000 LCV (Heavy Duty Delivery Van) Market in Europe… and, it’s likely that the Renault-Plug Joint Venture Manufacturing of LCV’s will expand worldwide.
PLUG POWER is entering into additional New Market(s):
- The acquisition of Applied Cryo Technologies (ACT) will add 250 Cryogenic Trailers to deliver Liquid Green Hydrogen Fuel to End-User Customers;
- Hydrogen Stationary Backup Power is now being added to existing customers like Amazon (Just announced) to ensure continuous operations at Warehouses/Distribution Centers during electricity ”black outs”;
- Aviation Market(s) are set to open up in 2025 with Commercial Flights of 1,000 Mile Turbo Props being p
I have an opportunity to pick this subject as a professional elective in college, so I was wondering if I should do it. I'm a mechanical engineer, if that matters.
*This is a crucial news. I am glad that Hyundai perseverates on developing fuel cell vehicles. Plug Power has JV with SK, an energy conglomerate of South Korea. Hyundai (and also Doosan, albeit not covered in this article) staying onboard is very important to Plug Power’s electrolyzer/hydrogen production business in Korean Peninsula. Happy new year everyone in r/plugpowerstock. Hoping for SP $50 and higher in 2022.
——(Full article)——
Reports that said Hyundai Motor Group would drop its project to move forward with the production of the Genesis hydrogen fuel cell electric vehicle (FCEV) recently caused hydrogen car-related stocks to instantly fall, however, industry officials said Friday that the country's top automotive company won't abandon the development of hydrogen FCEVs.
According to local reports, the research project of the 3rd-generation hydrogen fuel cell set to be installed in the Genesis hydrogen car did not reach its development goals. They said that the Genesis hydrogen vehicle-development project has temporarily been delayed, and as a result, the role of the fuel cell department was significantly reduced through organizational restructuring and personnel management last month.
Investors reacted negatively on the reports, with Sang-A Frontec dropping 12.86 percent, Iljin Hysolus, a hydrogen tank maker and affiliate of the Iljin Group, also falling by 9.87 percent, along with Hyosung Advanced Materials declining 6.94 percent, and Unique with 4.69% percent, Doosan Fuel Cell with 4.59 percent, and Kolon Industries with 3.84 percent retreats, respectively.
"The hydrogen FCEV project has not been halted but rather delayed, as it encountered some difficulties during research, but Hyundai has been and will continue to develop hydrogen FCEVs," a Hyundai Motor official said.
Although it is true that Genesis' hydrogen car development has been delayed, the outlook is favorable in the automobile industry.
"The reason Hyundai and Toyota are making their first investments centered on passenger cars is that they are an intermediate process for achieving the systematization of materials and parts development and mass production. There might be some smalls tweaks in the process but they will have minimal impact on the overall hydrogen FCEV growth plan," Han Byeong-hwa, a researcher at Eugene Investment & Securities, said.
Thoughts were that it was only a matter of a difference in the speed of project developments as support for hydrogen ve
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📷 Valuable DD Research on $PLUG at: r/PLUGgreenhydrogen
This is the pivotal year for Plug Power —> The key components of vertical integration will be deployed:
- Rochester, New York Gigafactory to ramp up manufacturing of P.E.M. Stacks & Electrolyzers;
- New Liquid Green Hydrogen Plants to begin production of fuel across the USA from coast-to-coast.
FLEET OPERATORS will benefit from the following Green Hydrogen Fuel/Fuel Cell Power Advantages:
- Longer Range;
- Faster Refueling;
- Zero Emissions;
- Lower Operating Costs.
Now is the time for FLEET OPERATORS to adopt Green Hydrogen as the “Fuel of the Future”. Why?
- Either invest now to update your fleet —> or your competitor will undercut you in the future;
- Renewable Energy Costs (The primary cost input to produce LGH2) are dropping fast & Electrolyzer costs will drop as well; therefore, the cost of Liquid Green Hydrogen produced on a large scale will continue dropping lower & lower & lower —> to eventually undercut the cost of fossil fuels.
Can you imagine how the $PLUG share price will react when the news headlines say this in the latter part of 2022? —> “Plug Power’s Liquid Green Hydrogen Fuel is now LOWER than the price of Diesel Fuel!”
New Markets in the Mass Transportation Sector will even open up for Plug Power worldwide! 🌎
As the Vertical Integration is completed —> Margin Expansion will be realized!
GO $PLUG 100x 📈
PS: Top Analyst Colin Rusch of Oppenheimer wrote an analyst note saying Plug Power has the potential for 100x Growth in the coming decade!
