was founded in 1919 and is based in Indiana, USA. Cummins Inc (CMI)ĭefinitely one of the larger players in the green energy industry, Cummins Inc. This along with other expansion plans means that analysts predict the stock prices of Bloom Energy to increase by a further 50% over the next twelve months. This comes as the country seeks to run completely on renewable energy by 2022.
Other noteworthy news is a $1 billion worth deal with SK Engineering & Construction in South Korea to provide them with hydrogen fuel cells.
Hydrogen fuel cell stocks generator#
The company is also pioneering the market for renewable generators with the introduction of the solid oxide fuel generator (SOFC) through the Bloom Energy Server. Stock prices rose by 350% since it began selling its hydrogen electrolyzers, and profits and revenue are all pointing up. Bloom Energy (BE)įounded in 2001, the California-based company is a leader in green energy providing and has only recently begun a shift towards hydrogen fuel which it sees as the future of renewable energy. There are also plans to equip several Holland buses with their hydrogen fuel cell which might mean a gateway to the greater European markets. Stock prices have rallied to triple the value and estimates predict the value to continue to increase by as much as 60% in the next 12 months. With an extensive industry of providing power to countless homes, it comes as no shock that the company is now looking to adapt to the times and transition to more renewable sources of energy.Īn indicator of this is its announcement in January of this year that its newly developed hydrogen fuel technology runs entirely on hydrogen gas and has powered an equivalent of 18.5 million miles worth of commercial and industrial vehicle use around the world. Ballard Power Systems (BLDP)įounded in 1979, the Canada-based company is a leader in the energy market. But which hydrogen fuel companies are poised to benefit the most from this transition? Well, below are the 7 best hydrogen fuel stocks for you to invest in this year: 1. If you're an investor looking to capitalize on the rapidly growing market of hydrogen fuel cells, then an investment in its stocks as soon as possible will be essential. It comes on top of many analysts' list of the most viable options for alternative fuel and will most certainly be used more and more in the coming years. Hydrogen is an abundantly available element that already is being used to power vehicles in the US, Europe, and Asia. One such candidate that is poised to replace other power sources is hydrogen fuel cells. In that regard, the true push towards greener living will mean entire nations finding sustainable alternatives to sources of power. Everything from vehicles to appliances must be energy efficient and make as little carbon emissions as possible if they are to be deemed acceptable by today's standards.īut there's no denying that even if electric cars and energy-efficient homes become the norm, this will make little difference if the electricity or energy in question still comes for things like fossil fuels or gas.
Perhaps best of all, with a gross profit margin of 25%, Ballard is arguably the best fuel cell stock for investors looking to earn profits from this technology.It is well known that governments and businesses all over the world are making a push towards the more Eco-friendly. While Ballard currently boasts the smallest revenue stream of these three fuel cell companies, and has only a middling revenue growth rate historically, its revenue grew 43% over the past year. Indeed, Ballard's is the only stock of the three to have grown in value over the past year - up nearly 40%. Investors have rewarded Ballard's diverse field of business interests with the highest market capitalization of the three fuel companies discussed so far.
Hydrogen fuel cell stocks portable#
Ballard also develops fuel cell solutions for portable power, for material handlers, and as backup power systems for telecom equipment. For example, some of Ballard's greatest successes in recent years have come from selling fuel cell systems to power buses in China. Once a pioneer in the development of fuel cells to power personal vehicles, Ballard has shifted its focus lately. Last but not least, we come to Ballard Power.
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