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Share Name | Share Symbol | Market | Stock Type |
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Hydro Intl | HYD | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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194.00 |
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Posted at 11/8/2022 07:23 by livewireplus The long-term tax credit commitments for wind and solar, wrapped up in a $430 billion bill passed by the US Senate on Sunday, were joined by new credits for energy storage, biogas, and hydrogen.https://www |
Posted at 04/8/2022 07:27 by bamboo2 I have deleted this post from the ITM thread, as it was causing angst.Not sure why as personally think it is useful to keep abreast of developments! ==================== Cerrito, glad I wasn't the only one watching the IPGroup presentation. IPGroup video suggesting that Hysata looking at fast tracking development to completion in 2023/24 Page 14 of the powerpoint has an approximate timeline. Paul Barrett Hysata CEO dated 3/8/2022 |
Posted at 20/7/2022 04:52 by tenapen sonic2520 Jul '22 - 01:40 - 18913 of 18913 Hydrogen Champion appointed as government accelerates UK hydrogen investment. "At the Hydrogen Investment Summit later today a new round of funding will be announced to give investors the confidence they need, reaffirming the government’s vision for the UK to be a hydrogen-based economy – as set out in the Hydrogen Strategy published in August 2021. This is a major next step in delivering the government’s ambition to have 1GW of electrolytic hydrogen in operation or construction by the end of 2025 – which could produce enough hydrogen to fuel up to 45,000 buses per year." |
Posted at 19/5/2022 16:37 by hedgehog 100 19/05/2022 08:11 UK Regulatory (RNS & others) Net Zero Infrastructure Plc Proposed Acquisition and Suspension of Listing LSE:NZI Net Zero Infrastructure Plc"NZI, a special purpose acquisition company formed with the intention to acquire renewable or clean energy technology companies and to finance, develop and promote those environmentally sound projects internationally, is pleased to confirm that it has signed a non-binding letter of intent ("LOI") to acquire the entire issued share capital of Taylor Construction Plant Limited and Solar Highways Limited ("TCP" or "the Target"). TCP is a UK based infrastructure services business, for a combination of cash consideration and new shares in the Company (the "Proposed Transaction"). The Proposed Transaction, if completed, and an associated proposed placing of shares by the Company, details of which will be announced in due course, would result in the shareholders of the Target having a significant minority interest in the enlarged group. The principal activity of TCP is the supply and hire of specialist equipment to UK infrastructure and construction contractors. TCP is transitioning its existing business from diesel-powered to zero emission equipment powered by hydrogen and other renewable sources. This is carbon neutral at the point of use and offers customers an alternative to the use of diesel across a wide range of market applications, including in construction, events, film, and temporary power. The Target is profitable and includes as its customers a number of leading participants in the infrastructure services market. The Proposed Transaction is subject, inter alia, to the completion of due diligence, documentation and compliance with all regulatory requirements, including the Listing and Prospectus Rules and, as required, the Takeover Code (the "Conditions"). The Company will update shareholders as to progress made in relation to the Proposed Transaction as and when appropriate. As a non-binding LOI is subject to the Conditions, the Company cannot guarantee nor provide any certainty that the Proposed Transaction will be completed. The Proposed Transaction, if it proceeds, will constitute a Reverse Takeover under the Listing Rules since, inter alia, in substance it will result in a fundamental change in the business of the issuer. Where a reverse takeover is contemplated but has not yet been completed, the FCA will normally suspend a company's listing pending the publication of a prospectus prepared in accordance with the Prospectus Rules and approved by the FCA, or an announcement that the Proposed Transaction is not proceeding. Accordingly, the Company has requested that the listing of its Ordinary Shares of £0.01 each (ISIN GB00BNK8T635) be suspended temporarily with effect from 7.30 a.m. today. The Company is working on the preparation of a prospectus in relation to the Proposed Transaction and intends, in due course, to make an application for the enlarged Company to have its Ordinary Shares admitted to the Official List and to trading on the Main Market for listed securities of the London Stock Exchange ("Relisting"). Should the Proposed Transaction not proceed, then the Company would need to apply for the suspension to be lifted and for trading to be restored. The UK MAR offers, by way of exception to the immediate disclosure of inside information, the possibility on a case-by-case basis to delay such disclosure under certain conditions. In accordance with article 17(4) of UK MAR, any issuer may thus delay, under its own responsibility, the public disclosure of inside information so as not to prejudice its legitimate interests provided that such omission is not likely to mislead the public and the issuer is able to ensure the confidentiality of the information. The Company relied on article 17(4) of UK MAR and delayed the release of information in respect of the signing of the LOI. In the opinion of the board of directors of the Company, the delay of the publication of information on the decision to commence negotiations on the Proposed Transaction was in the Company's legitimate interest as its disclosure was likely to affect the outcome of those negotiations or their normal pattern. The decision to commence negotiations only showed the intention and the final success of those negotiations depended on many factors. In the opinion of the board of directors of the Company, the delay was not likely to mislead the public and they could ensure the confidentiality of the information. Mike Ellwood, CEO of NZI, said: "The Board of NZI has been impressed with the historical performance of the Proposed Target and its continued growth as it transitions into the green energy space. The Proposed Target has a strong management team, who have demonstrated innovation with the roll-out of its Hydrogen and other renewable power solutions to the growing UK market in infrastructure services and it is playing an important role in the green economy space. We look forward to working with them with a view to completing this transaction and to continue to develop the business with them thereafter. Andrew Barker, CEO and significant shareholder of Taylor Construction Plant Ltd added: "On behalf of my fellow shareholders and the board of TCP, we are excited by the opportunity to partner with NZI and its shareholders/investo the continued growth within a fast-expanding net zero market sector. As we continue to develop and roll out an exciting new range of clean energy products and services, the enlarged grouping and funding support will be well placed to lead and support its existing and new customer relationships as they transition towards clean energy powered solutions. ..." |
Posted at 08/4/2022 12:06 by tenapen Download the attachment |
Posted at 12/7/2021 13:41 by skinny For anyone interested in the above,The management will be presenting to private investors via a webinar at 11.00 am on Wednesday 14 July To register: |
Posted at 04/3/2021 09:33 by skinny ."Green hydrogen and ammonia are both sustainable and scalable solutions for shipping and EU maritime fuel policy needs to send a “clear demand signal” to potential investors by focusing on these green fuels and their relevant propulsion technologies". |
Posted at 04/2/2021 10:36 by andrbea Feb 3More recently, U.S. climate envoy John Kerry made a business case for green hydrogen, saying at a Jan. 27 White House briefing that big banks, asset managers, private investors, and venture capitalists are discovering that “there’s a lot of money to be made” in green hydrogen and other emerging sectors of the economy. // A coalition of 11 large companies, including Shell, Toyota, and Hyundai, announced Tuesday they’re teaming up to advocate for hydrogen energy—though not necessarily green hydrogen—on the grounds that the technology will help the U.S. cut carbon emissions and create new, well-paying jobs. |
Posted at 07/1/2021 14:51 by nimrod22 from another board: -"H.C. Wainwright analyst Amit Dayal raised the firm's price target on Plug Power to $60 from $30 and reiterates a Buy rating on the shares. The doubling of the target is driven primarily by expectations of an accelerated hydrogen deployment environment in Asia that is being supported by a $1.5B strategic investment from SK Group based in South Korea, Dayal tells investors in a research note. The analyst believes the strategic partnership announced last night should enable the adoption of hydrogen fuel cell systems, hydrogen fueling stations, and electrolyzers in South Korea and other key Asian markets. Dayal is now projecting 2030 net revenue and EBIT for Plug Power of $12.9B and $3.9B, respectively, compared to $7.4B and $2.0B previously". |
Posted at 30/9/2020 05:35 by waldron The Hydrogen Boom Is On Track To Hit $11 TrillionBy Alex Kimani - Sep 29, 2020, 7:00 PM CDT Join Our Community It's official: The big hydrogen techlash is now history. For decades, there was an undeniable and growing animus towards anything hydrogen by the investing universe, with the technology relegated to niche corners of the market, such as material handling and emergency power backup. Hydrogen technology was considered too costly and impractical, with Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk famously dismissing hydrogen fuel cells as 'fool cells' and 'mind-bogglingly stupid.' But the tide has gone full circle, and suddenly Wall Street can't stop gushing about the enormous potential of the plentiful, versatile gas to cut emissions from many hard to decarbonize sectors. Bank of America is the latest analyst to chime in with a bullish note. According to the giant investment bank, hydrogen could supply our vast energy needs, fuel our cars, heat our homes, and also help to fight climate change. BAC says we have reached the tipping point of harnessing this element effectively and economically and predicts the hydrogen marketplace to reach a staggering $11 trillion by 2050. BAC has likened hydrogen to smartphones pre-2007 and has advised investors to double-down before it goes fully mainstream. Hydrogen fuel cell propulsion system BAC is hardly alone in this adulation. Morgan Stanley has upgraded Plug Power Inc. (NASDAQ:PLUG) from Equal Weight to Overweight with a $14 price target after the leading fuel cell maker impressed during its investor day presentation. Morgan Stanley's Stephen Byrd believes green hydrogen will become economically viable quicker than investors appreciate saying Plug Power's deal with Apex Clean Energy to develop a green hydrogen network using wind power offers a chance to tap into "very low cost" renewable power and helps accelerate the shift to clean energy. Plug has a goal for over 50% of its hydrogen supplies to be generated from renewable resources by 2024. PlugPower is no longer content to be viewed merely as a maker of fuel cells for forklifts. The company has announced a partnership with Universal Hydrogen to build a commercially-viable hydrogen fuel cell-based propulsion system designed to power commercial regional aircraft. The initiative will help bring Plug's proven hydrogen ProGen fuel cell technology to new markets. "Through this partnership, we are taking our first steps toward establishing a complete ecosystem for the aviation market, from powertrain to hydrogen solutions, ultimately enabling a global transportation system powered by green hydrogen," says CEO Andy Marsh. Plug shares have jumped 13.3% after the latest bullish notes and are now sitting on a 317.4% gain in the year-to-date. The cost conundrum Over the years, the hydrogen economy has endured many false dawns, mainly due to technical and, mostly, cost issues. This has led to a situation whereby wind and solar energy are now competitive with traditional fossil fuels in electricity generation, whereas hydrogen remains considerably more expensive. Related: Nigerian Government: Oil Could Become Worthless For instance, fueling a hydrogen fuel cell vehicle (FCEV) in California costs around $16.50 per kilogram compared to $3.232 per gallon of regular petrol in the same state. Light-duty FCEVs are typically 2.5x more fuel-efficient than comparable gasoline-powered vehicles, which means that achieving price parity with gasoline would require that 1 kilogram of hydrogen sells for not more than $8.08. In other words, hydrogen costs need to fall by 50% to become competitive with fossil fuels. Luckily, there's hope on the horizon. According to a recent report by the Hydrogen Council, "...scaling fuel cell production from 10,000 to 200,000 units can reduce unit costs by as much as 45%, irrespective of any major technological breakthroughs, and can impact multiple end-use cases. Scaling up to 70 GW of electrolysis will lead to electrolyser costs of less than $400 per kW." This already appears to be happening in California: FirstElement Fuel has reported selling hydrogen for $12 per kilogram plus tax for a total $13.11 per kilogram and expects prices to continue coming down as hydrogen production cost falls. Currently, California has a network of 43 open retail hydrogen refueling stations, capable of dispensing more than 11,800 kilograms of hydrogen each day. That is enough to support nearly 17,000 light-duty FCEVs or more than double California's fleet of 7,000 FCEVs ( 5,000 FCEVs in 2018). Green steel The hydrogen ecosystem has been expanding and has lately added a new application to its portfolio: Using hydrogen to manufacture green steel. Back in April, Swedish steelmaker Ovako successfully used hydrogen instead of LNG in trial runs at its Hofors steel mill, managing to demonstrate that H2 had no effect on the quality of steel. This marked the first time that hydrogen had been used in commercial scale during steel manufacture. Given that steel production accounts for ~7% of global carbon emissions, steel made from renewable energy is expected to become a multi-billion industry as countries move to decarbonize. The Anti-Tesla Not everybody is convinced about the hydrogen hype, though. Barron's Bill Apton says Wall Street has discovered hydrogen this year and that hydrogen stocks are a bubble. Apton says the huge runup by Plug Power, Ballard Energy, and Bloom Energy has left them trading at more than 50x future cash flow, making it hard for them to grow into their steep valuations. He notes that smaller hydrogen companies are up against big players and deep-pocketed manufacturers, including government-backed rivals in China and the likes of Cummins. According to Apton, it could take a decade or more before environmentally-frie Famous Wall Street short seller Andrew Left of Citron Research has been even more blunt, labeling PlugPower an anti-Tesla: "$PLUG back to $7 as it is the Anti- Tesla. Why even look to short $TSLA when $PLUG is twice as expensive with a never profitable business," tweeted the firm. Citron has been negative on PLUG dating back to 2014. Wall Street remains overwhelmingly bullish, with 8 out of 10 Wall Street firms covering the stock giving it the nod. By Alex Kimani for Oilprice.com |
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