Intelligent Energy Share Discussion Threads

[dean windass] 26/5/2017 19:31

I spend a lot of time in Norway ... they have to find something to replace the income from oil ... sure, they have the oil fund but the whole standard of living in Norway, the whole economy is based on generating more GDP than they're getting now ... hence the rush here for hydrogen ... Norway has a "hydrogen highway" ... filling stations from Oslo to Stavanger. They're in the process of banning diesels from town centres ... the UK is way behind the curve on this ... anyone who sees hydrogen's potential through the prism of UK policy is misguided .... but the hydrogen news stream has improved pretty dramatically in the last 6 months .... I think we're only about 3 good RNS away from IEH taking off ...

[ibug] 26/5/2017 15:43

DEAN--- expecting the orders to be piling up from Japan soon imo....their is a lot of interest and $350 million USD for refueling stations from the government to install 40,000 gas stations.

[ibug] 26/5/2017 15:41

IN CAMBERRA, AUSTRALIA they are now converting the entire city to become hydrogen powered; it will be a world first. They are also going to supply Japan with a large portion of it's H2 Gas to power transport and power stations along with Norway.

[dean windass] 26/5/2017 15:33

There is SO much NEW activity in this market .... anyone who'se been watching for this for long enough should see the momentum ... Telegraph today about the new Honda Clarity ... University of Houston discovering Nickel is a better and cheaper catalyst for splitting hydrogen out of water ... so hydrogen becomes cheaper to produce ..... air pollution getting a bigger political issue every day ... there's growth here ... if you owned stocks in big oil, what would you be thinking? Everyone is looking for growth and potential .... South Korea just produced it's first HFC power station .... Doosan doing it .... it's everywhere .... the bottom price for this seems to be edging up slowly .... can't see this hitting 4 again ..... bit of a shame really since I wouldn't mind averaging down a bit but ....

[ibug] 26/5/2017 14:58

The natural variety is the best...lol

With all the recent exhibitions IEH have recently attended surely production line will be getting progressively busier.

[norbus] 26/5/2017 14:08

You'd make a fortune selling untreated organic fertilizer

[cashmachine2] 26/5/2017 13:09

Love how the MM play this stock.Current bid 6.50 and offer at 7.5 and yet showing mid as 6.22 and down 11%...Let's see what happens when news lands ... a few buys knock out the available stock and before you know she's back up to 8p and heading back to double figures...Fingers on the buy button Xxx

[ibug] 26/5/2017 08:42

Alliance News Detail---

Intelligent Energy Surges On Role In EU-Funded Fuel Cell Programme
[ 08 May 2017 09:03 ]

LONDON (Alliance News) - Shares in Intelligent Energy Holdings PLC leapt on Monday as the company said it will be the technical lead on a European Union-funded programme for the development of a blueprint for the mass manufacturing of fuel cell stacks for the automotive market.

Intelligent Energy said it will be the technology lead on the EUR3.5 million programme, named DIGIMAN, receiving funding from the Fuel Cells & Hydrogen Joint Undertaking under the EU Horizon 2020 programme.

Shares in Intelligent Energy were up 33% at 7.175 pence Monday morning.


The company said that once developed the blueprint will enable build-to-print machine configurations with ready to scale production capacity to meet future requirements of more than 50,000 fuel cell stacks by 2020.


"Hydrogen fuel cell powered vehicles are available now, but to continue to drive customer adoption, we need to ensure future fuel cell stacks are robustly industrialised and remain cost competitive in the future. The programme will bring significant opportunity to further develop Intelligent Energy's proprietary air cooled fuel cell architecture," said Richard Peart, head of manufacturing at Intelligent energy.


By Adam Clark; [e-mail]

[ibug] 25/5/2017 10:58

It's interesting that the company will be demonstrating:

automotive PEM fuel cell technology.

UAV/ Drone lightweight stacks.

a Suzuki Burgman fuel cell scooter, for the first time at an exhibition.

a Gen 4 system ideal for motive two or four wheel vehicles.

That should bring in some business because Japan is transforming its economy from being oil based to become an hydrogen based economy.

[ibug] 24/5/2017 14:10

News about the Japanese expo is spreading:

Intelligent Energy to showcase its air cooled fuel cell technology at leading automotive congress in Japan

[ibug] 24/5/2017 13:04

INTERESTING JAPAN SHOW ---- Here are the key stone take away from the Exhibition article --- The event is a great arena to showcase the wide range of automotive and other applications that fuel cell technology can be integrated into – from powering vehicles and commercial drones to providing reliable, stationary, emergency and back-up power solutions.

Intelligent Energy will be showcasing its class leading PEM fuel cell technology on the UK Pavilion. As well as the fuel cell stacks, which will include the specially developed lightweight stacks for UAVs

The company will also be displaying a Suzuki Burgman fuel cell scooter, a Gen 4 system ideal for motive two or four wheel vehicles or as a range extender for a battery electric vehicles, and a 1kW fuel cell module to demonstrate how the technology can be scaled to fit different applications.

[ibug] 24/5/2017 11:30

ANOTHER EXHIBITION IN JAPAN --- Intelligent Energy to showcase its air cooled fuel cell technology at leading automotive congress in JapanPublished on Wed 24 May, 2017


Fuel cell technology company Intelligent Energy will, this month, showcase its cutting edge air cooled fuel cells at the Annual Congress of the Japanese Society of Automotive Engineers in Yokohama.

The Society of Automotive Engineers of Japan (JSAE) was founded in 1947 to "promote scientific culture, expand the industrial economy, and improve the quality of people's lives by furthering the development of automobile science and technology”. The society has more than 40,000 members and is one of the leading scientific communities in Japan.

Japan is a major car manufacturing nation and is also the country leading the charge towards a transition to hydrogen fuel. In April this year, the Japanese Prime Minister Shinzo Abe called for ministers to formulate a strategy to create an emission free “hydrogen society”. He wants to speed up construction of hydrogen refuelling stations, with the aim of getting 40,000 hydrogen fuel cell vehicles on the road by 2020.

Intelligent Energy has been exhibiting at JSAE for 10 years and sees Japan as a leading nation in the adoption of hydrogen fuel cell technology. The event is a great arena to showcase the wide range of automotive and other applications that fuel cell technology can be integrated into – from powering vehicles and commercial drones to providing reliable, stationary, emergency and back-up power solutions.

Intelligent Energy will be showcasing its class leading PEM fuel cell technology on the UK Pavilion. As well as the fuel cell stacks, which will include the specially developed lightweight stacks for UAVs, the company will also be displaying a Suzuki Burgman fuel cell scooter, a Gen 4 system ideal for motive two or four wheel vehicles or as a range extender for a battery electric vehicles, and a 1kW fuel cell module to demonstrate how the technology can be scaled to fit different applications.

In addition to the exhibition, Masataka Yamakawa, General Manager for Intelligent Energy Japan, will be presenting on the company’s air cooled fuel cell technology.

Come and visit the Intelligent Energy stand on the UK Pavilion at JSAE 2017, Wednesday, May 24th to Friday, May 26th.

[ibug] 24/5/2017 08:39

Suzuki Bergman --- It may be said that the catalyst of change for the Suzuki Bergman will likely happen this summer when the London Police compete trials of the scooter and place their first order. Should that happen then we can start to expect other police forces in the UK and Europe to follow their example.

The Bergman was approved by the EU for mass production in late 2015 and has already been road tested etc. It is currently under going road testing in Japan. The time is becoming ripe for the first H2 powered scooters and motorcycles to be released because of more widespread availability of refueling stations in the USA, Uk, EU and Japan. Making the scooter a viable commercial opportunity.

[ibug] 24/5/2017 08:38

MASS PRODUCTION

The fact is the company have been given a 3.2 million Euro project by the EU/ Toyota Motors to develop a mass production system for fuel cells capable of manufacturing 50,000 systems a year for each system deployed.

This equates to IEH becoming the OPEC of Europe and perhaps the world to mass produce and supply low cost fuel cells; creating a massive enterprise.

[ibug] 24/5/2017 08:38

FUTURE FUNDING OPTIONS -- The company have accumulated a great deal of patents, the numbers are approaching 1800+. IEH might be able to off load some of their IP to raise funds as did Ballad Power.

I BELIEVE THAT BALLARDS SOLD SOME PATENT IP TO VOLKSWAGON FOR about 100 million USD last year. And they have far less IP than IEH with their approx: 1800+ patents; every month more patent applications are lodged in the US.

IEH IS CLEARLY A WORLD LEADER FOR PATENT APPLICATIONS IN THE FIELD OF HFC DEVELOPMENT having a highly valuable IP portfolio, especially the 100KW HFC aimed at the automotive market which is currently being productionised with an EU/ Toyota funding grant.

IEH may have a similar deal in the works.

Here are a few recent patents to show the progress:

Intelligent Energy Limited patents

Date Intelligent Energy Limited patents (updated weekly)

04/20/17 Cooling plates for fuel cells
04/13/17 Fuel cell system
04/06/17 Apparatus for determining reactant purity
02/23/17 Flexible fuel cell power system
02/09/17 Connector system for a fuel cell stack assembly
02/02/17 Elastomeric hydrogen reactor with clog-less filter
01/26/17 Power supply apparatus
01/05/17 Fuel cell cartridge
12/08/16 Water recovery in a fuel cell system



Here are the most recent Ballard patents for comparison:

Ballard Power Systems Inc patents

Date Ballard Power Systems Inc patents (updated weekly)

02/09/17 Use of neural network and eis signal analysis to quantify h2 crossover in-situ in operating pem cells
12/08/16 Two-layer coatings on metal substrates and dense electrolyte for high specific power metal-supported sofc
01/07/16 Assembly for making a fuel cell component and a using the assembly
12/10/15 Solid oxide fuel system
12/03/15 Protective and precipitation layers for pem fuel cell
11/05/15 Method for producing a catalyst for fuel cells
10/22/15 Solid oxide fuel cell power plant with an anode recycle loop turbocharger
10/08/15 Responding to positive rate of change of fuel cell voltage during power reduction transitions
10/08/15 Low cost fuel cell components

09/24/15 Fuel cell membrane electrode assembly fabrication process

[ibug] 24/5/2017 08:37

NET ASSETS ---- In the published accounts the company have stated net fixed assets of 43 million GBP minus the 31 million loan which gives a reduced asset value of 12.1 million GBP as at October 2016. Plus they stated last March that they had 12 million GBP in cash due to a customer payment last November.

That means the loan is covered by the value of assets excluding the value of the intellectual property value which may be worth as much as 1.32 Billion GBP, (cited by Yahoo Finance). The loan is secured with 22% of issued shares and interest is paid every month.

The cash burn is 1.2 million/month net of tax and with every new customer contract that cash burn number reduces. So far the company have secured four new commercial long term contracts; which the company have said are long term relationships.

It has been clearly indicated that the company are expecting business from Suzuki using fuels cells for their Bergman Scooter and Off Road Motorcycle.

In addition to that it has been reported that the company are preparing to design and build an HFC production line to produce 50,000 100KW fuel cells aimed at the transport industry as a collaboration with Toyota. That development will certainly enhance the mass production for the entire range of products that IEH have so far designed and produced.

BASED ON THAT FUTURE FUNDING SHOULD NOT BE A PROBLEM IF IT IS NEEDED imo.

[ibug] 24/5/2017 08:37

THE CASH IN THE BANK IN MARCH/ APRIL WAS IN FACT 12 MILLION GBP

THE LOAN NOTES ARE NOT DUE UNTIL MAY 2019.

THE COMPANY HAVE WON 4 CONTRACTS RECENTLY REDUCING CASH BURN.

GET YOUR FACTS RIGHT...BEFORE YOU LIBEL YOURSELF.

REPORT SENT lol

We now see that you are correcting your original post...very clever ...lol

[ibug] 23/5/2017 18:04

Possible Revenues ---- Another way to look at this is by estimating volumes of amount of cross product orders being manufactured in the coming 9 months assuming that their customers show success in their marketing activities: namely those customers we know about already.

For PINC to continue as Americas top UAV provider to corporate America they will need to supply about 10,000 to 20,000 Drone with cameras and software fitted, And Luxfer to penetrate the market in California and New York successfully as they plan to yield orders of lets say 5000 products.

Then as a guesstimate the revenue would be about 35 million. Rising year on year there after.

But for a definitive answer try asking the company if their production lines are busy.

[ibug] 23/5/2017 17:36

POTENTIAL REVENUES ---- We will need to contact the company for a definitive answer to that.

But if IEH are supplying Luxfer fuel cells for the entire Zero Emission Gen sets 1, 2 and 3 which correspond to 1KW, 5Kw and the optional 10KW 24/7 power systems that have been demonstrated to the US military and city authorities then potentially quite a lot of revenue.

And then there is the PINC contract to supply fuel cells for drones....PINC recently announced this month that all their drones will be using fuel cells after completing customer trials. their customers need longer flight time of upto three hours to stock checks in areas as big as a million square feet. PINC supply the largest corporates with their software systems and Intelligent UAV''s.

SO how many UAV's/ Year. I don't know that answer but it may be expected to be at least thousands costing about 1000/ 1200GBP per system. or another way to evaluate that is customers current buy about twelve to fifteen $100 Lithium batteries to keep the UAV's flying a day for 20 mins/ battery. Whereas the same work can be achieved using a single charge for a fuel cell as nine batteries.

Then cost in the value of the mass production project, perhaps a million/ year.

And the fuel cells manufactured for Suzuki trials in the UK, Japan, USA etc and yet to come regular medium size production expected after trials this summer as refueling stations are now making the scooter much more viable for production.

A few analysts have tried to cost out this years revenues at being about 24 million GBP but there is also the element of surprise of more customers coming online for stationary power systems, drones and the automotive industries.

[dean windass] 23/5/2017 15:16

Well spotted ibug ... I'd have thought IEH were well aware if this. They have a track record of success in this arena. It's not just cleaning up the air in the EEA the EU want ... there's serious dosh to be made cleaning the planet's air along with the possibilities powering new tech with HFCs .... robots, drones, cars, micro power grids, space, aviation, cars, PEDs, water purification, mobile phone towers, research, satellites ..... for exactly the same reasons HFCs outperform batteries in drones, HFCs will revolutionise the world as far as supplying power is concerned.

[ibug] 23/5/2017 14:59

Luxfer Business Bigger Perhaps ---- It looks like IEH are helping Luxfer sell their range of Zero Emission gen Sets using their own marketing network. And it appears that IEH are not only supplying fuel cells for the lighting tower but also Gen Set 2 and Gen Set 3.

The first order of 600 units is to integrate Intelligent Energy's low power 1kW Fuel Cell Modules (FCM) into Luxfer-GTM's Zero-Set Lite portable, zero-emission light towers and will also see Intelligent Energy mobilise its global network to assist sales of Luxfer-GTM's products internationally.

[ibug] 23/5/2017 14:52

VALUED PATENTS ----- FUTURE FUNDING OPTIONS -- The company have accumulated a great deal of patents, the numbers are approaching 1800+. IEH might be able to off load some of their IP to raise funds as did Ballad Power.

I BELIEVE THAT BALLARDS SOLD SOME PATENT IP TO VOLKSWAGON FOR about 100 million USD last year. And they have far less IP than IEH with their approx: 1800+ patents; every month more patent applications are lodged in the US.

IEH IS CLEARLY A WORLD LEADER FOR PATENT APPLICATIONS IN THE FIELD OF HFC DEVELOPMENT having a highly valuable IP portfolio, especially the 100KW HFC aimed at the automotive market which is currently being productionised with an EU/ Toyota funding grant.

IEH may have a similar deal in the works.

Here are a few recent patents to show the progress:

Intelligent Energy Limited patents

Date Intelligent Energy Limited patents (updated weekly)

04/20/17 Cooling plates for fuel cells
04/13/17 Fuel cell system
04/06/17 Apparatus for determining reactant purity
02/23/17 Flexible fuel cell power system
02/09/17 Connector system for a fuel cell stack assembly
02/02/17 Elastomeric hydrogen reactor with clog-less filter
01/26/17 Power supply apparatus
01/05/17 Fuel cell cartridge
12/08/16 Water recovery in a fuel cell system

hxxp://stks.freshpatents.com/Intelligent-Energy-Limited-nm1.php

Here are the most recent Ballard patents for comparison:

Ballard Power Systems Inc patents

Date Ballard Power Systems Inc patents (updated weekly)

02/09/17 Use of neural network and eis signal analysis to quantify h2 crossover in-situ in operating pem cells
12/08/16 Two-layer coatings on metal substrates and dense electrolyte for high specific power metal-supported sofc
01/07/16 Assembly for making a fuel cell component and a using the assembly
12/10/15 Solid oxide fuel system
12/03/15 Protective and precipitation layers for pem fuel cell
11/05/15 Method for producing a catalyst for fuel cells
10/22/15 Solid oxide fuel cell power plant with an anode recycle loop turbocharger
10/08/15 Responding to positive rate of change of fuel cell voltage during power reduction transitions
10/08/15 Low cost fuel cell components

09/24/15 Fuel cell membrane electrode assembly fabrication process

hxxp://stks.freshpatents.com/Ballard-Power-Systems-Inc-nm1.php

[ibug] 23/5/2017 14:51

PRODUCTION PROSPECTS

In Europe, fuel cell production facilities will begin pumping out 50,000 fuel cell stacks by the year 2020, making United Kingdom-based Intelligent Energy the market leader in bringing the green technology to the masses. “Hydrogen fuel cell powered vehicles are available now, but to continue to drive customer adoption, we need to ensure future fuel cell stacks are robustly industrialised and remain cost competitive in the future,” said the company’s Manufacturing Head Richard Peart.