Intelligent Energy Share Discussion Threads

[ibug] 08/6/2017 09:40

More Deals Coming ---- We should be hearing about more commercial deals fairly soon after all those exhibitions imo.

Every new commercial customer reduces cash burn and improves viability especially the mass production agreements.

It is likely IEH will be bought out as this space is now starting to consolidate.

[filster] 08/6/2017 09:07

At best I see dilution ahead.

Why?

On their current trajectory they will run out of money and if they are to start producing with the big boys then they are going to need even more money on top as well. If not dilution then it will be taken in to private ownership.

Yes the deals have come along - but they've been quite small. IEH just isn't geared up to produce their Cells on a large scale.

Of course I'll probably be proven wrong and a massive order will come along - but all I can see with them at the moment are growing pains at best.

The RR boys arrived a little too late to make this soar I'm afraid.

all IMHO - DYOR of course.

I'm not a holder any more.

[ibug] 07/6/2017 21:47

FIRST IEH ANNOUNCED development of an automated fuel cell manufacturing system to produce 50,000 units/ year by 2020 subsudised by the EU-Toyota and now Honda/GM are planning the same.

Fuel Cell System Manufacturing LLC Reveals Company Logo

author Added by FuelCellsWorks, June 07, 2017


Fuel Cell System Manufacturing LLC (FCSM), the joint venture company established by General Motors and Honda for the production of advanced hydrogen fuel cell systems, today revealed its company logo at an event where local elected officials were recognized for helping bring the operation to metro Detroit.

BROWNSTOWN TOWNSHIP, Mich. — Fuel Cell System Manufacturing LLC (FCSM), the joint venture company established by General Motors and Honda for the production of advanced hydrogen fuel cell systems, today revealed its company logo at an event where local elected officials were recognized for helping bring the operation to metro Detroit.

Announced on Jan. 30, 2017, FCSM is the auto industry’s first joint venture formed to mass-produce hydrogen fuel cell systems. Production is expected to begin around 2020 with the output shared by Honda and GM, which will then use the systems separately in their respective products. The plant, located in the same facility as GM’s battery pack manufacturing operation, is expected to create about 100 new jobs by the time it is in full operation.

[ibug] 07/6/2017 19:06

California going to speed up development of H2 Powered Trucks:


Ricardo teams with California Fuel Cell Partnership to pave way for hydrogen trucks

author Added by FuelCellsWorks, June 07, 2017

Ricardo Strategic Consulting is collaborating with the California Fuel Cell Partnership to provide economic modelling tools that will enable the assessment of total cost of ownership of future fuel cell trucks, and hydrogen stations necessary to support commercial operation.

Founded in 1999, the California Fuel Cell Partnership (CaFCP) is an industry-government collaboration that aims to accelerate market introduction of fuel cell electric vehicles to help create a cleaner, more energy-diverse future. Staff from CaFCP’s member organizations participate on standing committees and project teams that help ensure that vehicles, stations, regulations, and people are in step with each other as the technology comes to market.

Ricardo Strategic Consulting's proprietary Total Cost of Ownership (TCO) modelling capability, provides insights on the economics of fuel efficient technologies, both today and in future. This model enables vehicle manufacturers, regulators, transport authorities, urban planners, and other stakeholders in making informed decisions about new technology implementation.

[dean windass] 07/6/2017 17:35

News stream continues to grow ... from today

"China’s energy agency recently announced that it plans to spend $361bn on renewable power generation by 2020." from www.gasworld.com/new-jv-supports-china-hydrogen-market/2012921.article

Hydrogen trucks in California ... where IEH have a subsidiary ....


Hydrogen buses at Hawaii airport ... the bus sector seems to be growing quite rapidly ...


which mentions "Founded in 1999, the California Fuel Cell Partnership (CaFCP) is an .... " ....... 18 years ago the Californians were looking at this ... now it's here ...

and this is interesting .... Spain, Holland .... world-wide ....

more on catalysts for production of hydrogen from more efficient electrolysis of water

then there's photosynthesis ....

[edwardroger] 07/6/2017 16:59

Do wake up and smell the coffee, Dean. There will be no money for funding. The proposals Corbyn has made are impossible to finance. It is wishful thinking that will lead this country to financial ruin. Never mind hydrogen we would be lucky to have electricity. Lights out, lads, time to go down with the ship!

[ibug] 07/6/2017 16:23

Canadian Hydrogen Fuel-Cell Electric Vehicle (FCEV) Coalition to Host a FCEV Ride-n-Drive event on Parliament Hill

author Added by FuelCellsWorks, June 07, 2017

OTTAWA, June 6, 2017--The Canadian Hydrogen Fuel-Cell Electric Vehicle (FCEV) Coalition of automakers will be hosting two hydrogen fuel-cell electric vehicle test-drive events. The first event is for Mayor Jim Watson, city councillors, and members of the public on Wednesday, June 7, between 8:30 a.m. and 11:00 a.m. in the Lisgar Loop on the South side of City Hall.

The second test-drive event is for Cabinet Ministers, MPs, political staff, public servants, and members of the public on Wednesday, June 7, between 11:00 a.m. and 1:30 p.m. directly in front of the entrance to the House of Commons building.

These events present an opportunity to see, touch, drive, and learn about the several models of hydrogen FCEVs that will be present from Honda, Hyundai, and Toyota.

The Ride-n-Drive will coincide with Canada's hosting of the United Nations World Environment Day and Canada's Environment week, in the spirit of raising awareness of the substantial environmental benefits of zero-emission FCEVs powered by hydrogen. As Canada aims to meet the federal government's announced greenhouse gas emission reduction targets, conventional energy sources such as fossil fuels are no longer a sustainable option. The innovative technology in Hydrogen-powered vehicles will play an essential role in reducing emissions, maintaining healthy air quality, and reducing greenhouse gas emission rates.

[dean windass] 07/6/2017 15:13

At this rate, they'll soon have plenty of free electricity to start electrolysing water to produce hydrogen cleanly.
--------------------------------

From

"Germany, Denmark, and Belgium are joining forces with industry giants to install some colossal new offshore wind farm projects in the next decade, set to increase Europe’s current capacity by almost 500 percent.

Energy ministers from the three countries and numerous leaders of industry signed the joint statement on Tuesday at Offshore Wind Energy 2017 in London, pledging to deliver a 60 gigawatts (GW) of wind power between 2020 and 2030, or at least 4 GW per year of new deployment in the decade after 2020. The current capacity of offshore wind farms operating in Europe is 12.6 GW, according to the accompanying report by WindEurope. In theory, this new decision means offshore wind could power up to 25 percent of the EU by 2030.

“More than ever, we need countries to coordinate and lay out a clear vision,” Samuel Leupold, CEO of DONG Energy Wind Power, said in a statement. “A visible and steady pipeline of projects between 2020 and 2030 will allow for continued cost reductions, a thriving supply chain and continued European leadership in an increasingly international market for offshore wind. We welcome the joint statement and call on other governments to commit to robust volumes.”

Understandably, this great news was washed down with a fair few bottles of German beer.

Europe is working hard to transition towards low-carbon energy. The EU has agreed to cut emissions by 40 percent from 1990 levels by 2030, keeping in tune with the Paris Climate Agreement.

All this infrastructure development is not just good for the planet, it also promises huge benefits for the economy. “Offshore wind is already delivering economic benefits to local communities through major inward investment and job creation," Hugh McNeal, CEO of RenewableUK said. "An industrial strategy which puts offshore wind at its heart can secure billions more in investment and deliver cheaper electricity for consumers”.

This bold move has only been made possible by the recent reduction in costs within the industry. “The industry has delivered cost reductions ahead of all expectations and way beyond any other generation technology,” added Keith Anderson, CEO of ScottishPower Renewables.

Germany, Denmark, and Belgium are already some of the world’s “poster boys” for green energy. In December last year, Denmark’s single mammoth wind turbine generated a record-smashing amount of electricity in a 24-hour period. On the last weekend of April, two-thirds of Germany's electricity came from renewable energy sources."

[dean windass] 07/6/2017 14:24

Andrea Leadsom asked "Is climate change real?" .... it'd be nice if we could get an energy minister that didn't have to ask questions like this.

I don't know how anyone can claim it makes no difference who is Energy Secretary or that it has no effect on funding for the sector in which IEH operates. I don't think a Tory victory would bode well for the UK renewable energy sector. I think we should be re-doubling our efforts to make up ground already lost to other nations in the race to dominate the race to develop services and products for the renewable sector. Wind turbines are made in the UK by Danish and German companies .... not UK companies .... not UK companies making wind turbines all over the world.

Corbyns idea for a national investment bank could well provide a source of funding to IEH which might make the loan notes issue go away

[ibug] 06/6/2017 17:57

Just follow the examples in Japan, Australia, China, America, Germany and northern Europe + Scandinavia---they are all transforming into hydrogen powered economies.

Renewables, like wind, solar and tidal power are being used to produce hydrogen and then stored for when it is needed-- the energy from a big storm can now be stored instead of being a wasted opportunity.

There are so many projects and opportunities it is difficult to see how a business like IEH can not prosper providing it continues to be backed by the Paris Accord and politics.

Many of the current developments are shown on this website:

[edwardroger] 06/6/2017 14:55

It's not just spending 30 minutes filling an electric car, it's the 30 minutes, one hour, whatever, you may have to wait while other people are filling their cars. We all have to queue for petrol once in a while and how many petrol pumps are there in this country? Electric? We won't have to queue once in a while but regularly as there will not be enough charging points for everyone. Imagine if every car in this country was electric and every petrol pump was an electric charging point that took, to be generous, 20 minutes to fully fuel a car. Can you imagine the queues? There have been fights and arguments in the US where people have left their cars charging and gone shopping, coming back after an hour or so to face people who have been waiting to use the charging point. Furthermore, please don't use these boards for political rants as no one knows exactly what will happen with whatever party that is in power. Obviously the more intelligent politicians will be eager to address pollution in our towns and cities. And even if not here then elsewhere where pollution is a much bigger problem, those countries will lead the way and we will have to follow if we don't decide to do it ourselves. The big question will be where is the money going to come from to change the way we drive, which is the biggest pollutant. Intelligent government will pursue clean energy and have the money to implement the changes.

[ibug] 06/6/2017 14:04

PLENTY OF POTENTIAL HERE IMO ----- If Ballard can get business in China so can IEH with their far superior fuel cell performance --- PLENTY OF BUSINESS TO BE HAD as the H2 space is expending fast imo.

Ballard Awarded $18M Follow-On Deal With Broad-Ocean To Support Deployment of 400 Buses and Trucks in China author FuelCellsWorks, June 05, 2017

VANCOUVER and ZHONGSHAN, China --

Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has entered into an $18 million supply contract with Zhongshan Broad-Ocean Motor Co., Ltd. ("Broad-Ocean"; www.broad-ocean.com/en/index.html) to support the deployment of 400 FCveloCity® fuel cell engines integrated into clean energy buses and trucks in key Chinese cities. The transaction...

[ibug] 06/6/2017 07:38

International Listings ---- I have noticed that IEH are listed on five European Exchanges and also the US OTC market. The only exchange where they are actively traded is the London Exchange.

The company can save a lot of cash by cancelling four EU listings and this one in America.

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[ibug] 05/6/2017 16:41

Interestingly, IEH have developed the worlds highest energy to mass ratio of 1.8KW/Kg that is more than double the nearest competitor in the UAV space.

THIS SUGGESTS IEH WILL BE GETTING A LOAD OF ORDERS.

System Features

• Modular design allowing for scaling across 10W to 20kW for UAV and other applications

• Broad power output capability from underlying AC10 and AC64 stack technology options • Proprietary stack design with robust metal cell construction • Simple system design with three key parts: – fuel cell stack(s) – hydrogen storage cylinder – balance-of-plant (BoP) which includes the electronics, cooling fan(s) and other components

• Very high system-level gravimetric power and energy density: – fuel cell stack up to 1.8kW/kg – fuel cell power system up to 1.6kW/kg – fuel cell power system including hydrogen storage cylinder up to 800Wh/kg

• Ideal for hybridisation with battery and/or supercapacitors

Applications

• Professional rotary and fixed-wing UAVs

• Portable and remote robotics

[norbus] 05/6/2017 16:31

Hydrogen beats electric; Elon Musk not happy

[ibug] 05/6/2017 13:33

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.

[filster] 05/6/2017 13:24

Yep, @joeblogg2 a lack of funding and current cash burn will see this company run out of cash in February or March of next year.

It needs some sizeable projects to be announced and with some indication of the revenue involved. So far 4 projects have been announced, but no mention of revenue involved.

Of course if the deals do materialise then the share price will rocket. Failing that it will plummet (even from where it currently resides).

[joeblogg2] 05/6/2017 11:46

Surprised this has not moved higher with all these snippets ibug, what is holding it back , funding??

[ibug] 05/6/2017 11:35

PRESENTAION ---- HERE IS PART OF THE Annual General Meeting 30 March 2017 --- sounds quite upbeat and since then the company won an EU contract to develop an automated production line.

Commercial focus

Sales are expected to scale more rapidly • Focus on progressing product sales • From the conversion of global sales pipeline opportunities

Focused on a variety of segments • Stationary power applications • Market traction for drones • Automotive related JDA activity with Suzuki, and discussions with other parties

Strengthening of commercial team on regional basis • Special impact in US, Japan, China and India, • Further developments are expected

The exact scale, timing and margin profile of converting opportunities to signed contracts is uncertain.

Stationary Power • Initial contract with US-based Luxfer-GTM Technologies for supply of 600 1kW fuel cell modules for use in their portable, zero-emission lighting towers as part of a growing strategic relationship in the development of a line of integrated fuel cell products

• Showcase demonstrators of stationary power related FCMs and systems in Japan, China, India and the US Motive

• Fuel cell stacks to be used for trial of Suzuki Burgman scooters with the Metropolitan Police in London UAV’s • Provision of lightweight stack technologies for UAV’s market participants, including announced relationship for PINC, the US based supply chain management company.

This segment has ability to scale significantly.

[ibug] 05/6/2017 09:01

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.