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interessant
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witzig
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gut analysiert
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informativ
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1
sich mit Alternativ -energie beschäftigt!
Intressante Technology!
Wann kommt es zum Durchbruch?
Genaue Infos unter www.plugpower.com
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Diese Technologie ist langfristig Zukunbftsweisend für Automobiler. Die Lobbyisten müssen erst noch gefunden werden. Vielleicht schafft es ja Mr. A. Schwarzenegger wenn er Präsident wird. Dies ist in USA gut möglich, da Erfahrung im Showgeschäft oberste Priorität ist. In Deutschland könnte das Erbe Merkel ja vielleicht von Herrn Gottschalk mit seiner Bärenfraktion übernommen werden.
Wir werden es erleben.
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[ 05 Dec 2008, Rob Cockerill, gasworld.com ] © www.hydrogenassociation.org
Plans are ongoing to commercialise hydrogen production technology.
gasworld Conferences
South & Central America
13 & 14 January 2009
Sheraton Hotel - Santiago, Chile
Visit the conference pages...
Speakers include:
• Indura - Jaime Castañeda
• Linde - Raghu Menon
• Eduardo Pelitti
• Matheson Tri-Gas - Rick Kowey
• UIG - Neil S. Amber
• GPS - Dr Roy Irani
View all speakers...
Conference Videos:
Middle East 2007
Africa 2008
MHT. Hy9 Corp, a producer of membrane and fuel processing systems, is to provide membrane technology for ExxonMobil’s on-board fuel cell reformer project.
Exxon Mobil Corporation is partnering with QuestAir Technologies, Plug Power Inc. and Ben Gurion University with plans to commercialise an on-vehicle hydrogen production system for use in a fuel cell-powered lift truck application.
While the initial work may only be carried out on forklifts, it may have far-reaching consequences as the partners seek to bring such technology to passenger vehicles.
Plug Power will seek to commercialise technologies developed by ExxonMobil, QuestAir Technologies and Ben Gurion University that take liquid fuels, such as gasoline, diesel, ethanol or biodiesel, and convert them into hydrogen onboard the vehicle.
The on-vehicle hydrogen fuel system comprises of an advanced reformer developed by ExxonMobil and hydrogen separation, using QuestAir Technologies’ Rapid Cycle Pressure Swing Adsorption system. Sulphur is controlled by an ExxonMobil proprietary S-Trap, developed in conjunction with Ben Gurion University.
Dr. Emil Jacobs, Vice President of R&D at Exxon-Mobil Research and Engineering, is believed to have suggested that onboard reforming in passenger vehicles could be 80% more fuel efficient than current engine technologies, and cut CO2 emissions by 45%.
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Central Grocers Invests in Environmentally Friendly Technology to Power Lift Trucks At New Distribution Center
Last update: 7:01 a.m. EST Dec. 11, 2008
LATHAM, N.Y., Dec 11, 2008 (GlobeNewswire via COMTEX) -- Plug Power Inc. (PLUG:plug power inc com
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PLUG 1.23, +0.08, +7.0%) announced today that Central Grocers, Inc. has purchased 220 GenDrive(tm) fuel cell units to power the entire lift truck fleet at their new distribution center. The center is currently under construction in Joliet, Illinois, and is expected to be operational by the end of the first quarter of 2009.
Central Grocers chose the hydrogen fuel cell power units, rather than traditional lead-acid batteries, for a new fleet of Yale lift trucks. By using Plug Power's GenDrive fuel cells, Central Grocers expects enhanced productivity within its distribution center. Powering the entire lift truck fleet with GenDrive will eliminate the need to invest in a battery charging and changing infrastructure, reducing operational costs and opening up valuable floor space for the distribution business. The use of fuel cells also reduces the carbon footprint of the distribution center and removes the storage and handling of toxic materials associated with the use of lead-acid batteries from the workplace.
"Central Grocers represents the first greenfield site to incorporate our GenDrive solution into its operations. Greenfield sites offer the potential for the greatest financial and operational benefits to our customers by eliminating the need for capital investments in batteries and the associated chargers, storage and changing systems," said Andy Marsh, CEO of Plug Power. "This purchase also helps Central Grocers green their supply chain as well as their business operations."
The GenDrive units will be fueled by compressed hydrogen gas, which is converted from liquid hydrogen. The units are fueled by the lift truck operator at a conveniently located dispenser, much like fueling an automobile. Air Products (APD:Air Products and Chemicals, Inc
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APD 53.49, +0.60, +1.1%) will supply both the liquid hydrogen storage compression system as well as multiple indoor fueling dispensers. GenDrive can be quickly refueled by the lift truck operator in less than two minutes. This completely eliminates the need to change, store, charge and maintain multiple lead-acid batteries per lift truck.
Yale Equipment Services, located in Rosemont, Illinois, will service both the lift trucks and GenDrive fuel cell units. The Yale lift trucks provide unique features such as regenerative lift and lower on stand-up units to improve energy efficiency and power steering on pallet trucks to enhance operator productivity.
About Plug Power
Plug Power Inc. (PLUG:plug power inc com
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PLUG 1.23, +0.08, +7.0%) , an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
About Central Grocers
In a city of big stores, Central Grocers helps neighborhood markets stay afloat. The member-owned cooperative supplies food and general merchandise to more than 200 independent retail grocery stores in the Chicago area and in parts of Indiana. It distributes products under both national brands and its own Centrella brand. The co-op also operates a number of stores under such banners as Strack & Van Til, Town & Country, Key Market, and the low-cost Ultra Foods chain. Central Grocers was founded in 1917.
About Yale Materials Handling Corporation
Yale Materials Handling Corporation markets a full line of energy efficient materials handling lift truck products and services, including electric, gas, LP-gas and diesel powered lift trucks; narrow aisle, very narrow aisle and motorized hand trucks. All Yale(r) trucks are manufactured in plants meeting ISO 14000 environmental standards. Company engineers are researching and investing in new technologies to help make lift trucks more energy efficient. Yale is a market leader in the development of electric trucks designed to duplicate the performance of ICE trucks. Yale is also a market leader in the introduction of regenerative technology on electric trucks to help conserve energy. Yale(r) trucks are manufactured in ISO 9001:2000 registered facilities and range in capacity from 2,000 to 36,000 pounds. For more information, or to find the authorized Yale(r) lift truck dealer nearest you, call 1-800-233-YALE or visit www.yale.com.
About Air Products
Air Products (APD:Air Products and Chemicals, Inc
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APD 53.49, +0.60, +1.1%) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in more than 40 countries, and 21,000 employees around the globe. For more information, visit www.airproducts.com.
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission ("SEC") on March 17, 2008, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Plug Power Inc.
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
(C) Copyright 2008 GlobeNewswire, Inc. All rights reserved.
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Plug Power Also Receives $6 M in Awards for Fuel Cell Market Transformation
Last update: 7:00 a.m. EDT April 16, 2009
LATHAM, N.Y., Apr 16, 2009 (GlobeNewswire via COMTEX) -- Plug Power Inc. (PLUG:PLUG
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, , ) , a leader in providing clean, reliable energy solutions, has announced they have received over $6 M in awards from the United States Department of Energy (DOE) for fuel cell market transformation programs. The funding will be used to integrate Plug Power's fuel cell solutions into material handling, residential and stationary power applications. Successful completion of these projects will strengthen the product portfolios for Plug Power's GenDrive and GenSys products.
Additionally, nine programs were awarded to Plug Power customers for DOE market transformation projects, totaling over 304 GenDrive units deployed into the field. Replacing lead acid batteries in electric lift trucks, these product installations will allow for fleet conversions within warehouses and distribution centers in Arkansas, Colorado, Ohio, Pennsylvania, South Carolina and Texas.
"These awards move commercial customers beyond field trials to full fleet conversions," said Tony Troutt, Director of Sales at Plug Power. "Strong support from large customers in diverse industries will drive rapid market adoption."
As part of the $6 M in awards, the DOE will also fund a three-year project to verify the durability and commercial readiness of Plug Power's combined heat and power GenSys product. Designed for residential and light commercial applications, GenSys replaces traditional furnaces and boilers, creating electricity and high-quality heat for the consumer. The DOE funded reliability fleet will be installed in highly visible locations in Southern California, working with Southern California Gas Company, a Sempra Energy utility, and the National Fuel Cell Research Center at the University of California, Irvine.
"We appreciate the DOE's investment and commitment to fuel cell technology," said Katrina Fritz Intwala, Vice President of Government and Public Relations. "Their vision and leadership has facilitated expansion and growth within the industry. This will allow companies like Plug Power and its customers to deploy exciting alternative energy products and accelerate the growth of green jobs."
About Plug Power Inc.
Plug Power Inc. (PLUG:PLUG
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, , ) , an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2008, filed with the Securities and Exchange Commission ("SEC") on March 16, 2009, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Plug Power Inc.
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
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On Thursday May 7, 2009, 7:00 am EDT
Buzz up! Print Related:Plug Power Inc.
LATHAM, N.Y., May 7, 2009 (GLOBE NEWSWIRE) -- Plug Power Inc. (NasdaqGM:PLUG - News), a leader in providing clean, reliable energy solutions, today provided a progress update and reported its financial results for the first quarter of 2009.
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Symbol Price Change
PLUG 1.02 0.00
{"s" : "plug","k" : "c10,l10,p20,t10","o" : "","j" : ""} The Company has adjusted the first two of its 2009 milestones to reflect activities and progress in realizing opportunities for its GenSys(r) product to support power needs in the Indian telecommunications industry. The revised milestones are:
* Secure 1,000 orders consisting of both GenDrive(tm) and GenSys fuel
cell units (previously stated: secure 500 unit orders)
* Contain net cash used for operating expenses to the range of $38-42
million for the full year (previously stated range: $33-37 million)
* Release GenDrive class 2 product in the fourth quarter, broadening
the GenDrive product portfolio
* Announce path and timeline to profitability in the fourth quarter
``The first quarter of 2009 was an important transitional period for our Company as we continued to drive fuel cells toward commercialization,'' said Andy Marsh, Plug Power's CEO. ``It was exciting to see so many of the purchase orders collected in 2008 come to fruition as GenDrive units were put to use across North America.''
During the first quarter of 2009, Plug Power shipped 186 GenDrive units as customers across the country adopted fuel cell power units into their operations. Most notably, 140 class 3 GenDrive fuel cell units were shipped to Central Grocers for the grand opening of its state-of-the-art facility. Operators at the $90 million Central Grocers facility will handle all goods with hydrogen fuel cell powered lift trucks.
``Plug Power recognizes that there are multiple solutions to meet customer energy needs, and we also recognize the places where fuel cells are the best option,'' Marsh continued. ``Plug Power has been a leader in the fuel cell industry for over a decade and our reliable products for the material handling, prime and residential power markets will allow us to continue to drive commercialization.''
Financial Results
Revenue for the first quarter of 2009 was $2.6 million. This compares with revenue in the same period of 2008 of $3.7 million.
Net loss for the first quarter of 2009 was $8.2 million, or $0.06 per share on a basic and diluted basis. This compares with a net loss of $20.7 million, or $0.24 per share, for the first quarter of 2008.
Product Orders, Shipments and Backlog
Total (GenDrive, GenSys and GenCore(r)) product shipments in the first quarter were 198 units. Total product backlog at March 31, 2009, was 284 units. As noted in the milestone update, the Company has adjusted its expectation upward to 1,000 unit orders and remains committed to meeting this by year end.
Revenue
Product and service revenue was $1.3 million for the first quarter of 2009, and research and development (R&D) contract work also contributed $1.3 million to the quarter's revenue total. These amounts compare to $0.9 million of product and service revenue and $2.9 million of R&D contract revenue for the first quarter of 2008.
Deferred product and service revenue at March 31, 2009 was $4.5 million. This compares to $3.7 million at March 31, 2008. Plug Power defers recognition of product and service revenue and recognizes revenue on a straight-line basis over the service period of each sold system. Accordingly, Plug Power expects to recognize the deferred product and service revenue over future periods as service commitments are fulfilled.
Operational Results
Total cost of revenue for the first quarter of 2009 was $2.7 million, comprised of $0.5 million for product and service cost of revenue and $2.2 million for R&D contract cost of revenue. This compares to total cost of revenue of $6.6 million in the first quarter of 2008, which was comprised of $1.6 million of costs of product and service revenue and $5.0 million of cost of R&D contract revenue.
R&D expenses for the first quarter of 2009 were $4.5 million compared with $10.0 million for the first quarter of 2008.
Selling, general and administrative (SG&A) expenses were $3.2 million for the first quarter of 2009 compared with $6.5 million for the same period in 2008.
Cash and Liquidity
Net cash used in operating activities for the first quarter of 2009 was $12.8 million. On March 31, 2009, Plug Power had cash, cash equivalents and available-for-sale securities of $88.7 million and net working capital of $80.7 million, compared with $146.8 million and $145.5 million, respectively, at March 31, 2008.
Conference Call
Plug Power has scheduled a conference call today at 10:00 am ET to review the Company's results for the first quarter of 2009. Interested parties are invited to listen to the conference call by calling 877.407.8291, or 201.689.8345 for international participants.
The webcast can be accessed by going to the Investors section of the Plug Power Web site (http://www.plugpower.com) and selecting the conference call link on the Presentations page. A playback of the call will be available online for a short period following the call.
About Plug Power Inc.
Plug Power Inc. (NasdaqGM:PLUG - News), an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit http://www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under ``Item IA-Risk Factors'' in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2008, filed with the Securities and Exchange Commission (``SEC'') on March 16, 2009, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
Plug Power Inc.
Financial Highlights
Balance Sheets (Dollars in thousands):
(unaudited)
March 31, Dec. 31,
2009 2008
-------- --------
Assets
Current assets:
Cash and cash equivalents $ 15,998 $ 80,845
Trading securities - auction rate debt
securities 55,701 52,651
Available-for-sale securities 72,717 23,844
Accounts receivable, net 1,677 2,151
Inventory 6,843 6,264
Prepaid expenses and other current assets 1,582 2,351
-------- --------
Total current assets 154,518 168,106
Restricted cash 1,777 --
Property, plant and equipment, net 16,798 17,770
Investment in leased property 2,462 --
Auction rate debt securities repurchase agreement 7,174 10,224
Intangible assets, net 12,180 12,843
Other assets 201 169
-------- --------
Total assets $195,110 $209,112
======== ========
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 1,569 $ 3,275
Accrued expenses 4,199 9,945
Borrowings under line of credit 62,875 62,875
Current portion long term debt 285 --
Deferred revenue 4,548 5,426
Other current liabilities 363 414
-------- --------
Total current liabilities 73,839 81,935
Long term debt 1,368 --
Other liabilities 1,308 1,313
-------- --------
Total liabilities 76,515 83,248
Stockholders' equity 118,595 125,864
-------- --------
Total liabilities and stockholders' equity $195,110 $209,112
======== ========
Statements of Operations
(Dollars in thousands): Three months ended March 31,
(unaudited) ----------------------------
2009 2008
----------- -----------
Revenue
Product and service revenue $ 1,283 $ 850
Research and development contract revenue 1,339 2,887
----------- -----------
Total revenue 2,622 3,737
Cost of revenue and expenses
Cost of product and service revenue 484 1,638
Cost of research and development contract
revenue 2,219 4,974
Research and development expense 4,465 10,036
Selling, general and administrative
expense 3,239 6,461
Amortization of intangible assets 506 575
----------- -----------
Operating loss (8,291) (19,947)
Interest and other income and net
realized gains (losses) from
available-for-sale securities 430 2,121
Change in fair value of auction rate
securities repurchase agreement (3,050) --
Net unrealized gains (losses) on trading
securities 3,050 --
Impairment loss on available-for-sale
securities -- (2,795)
Interest and other expense and foreign
currency gain (loss) (296) (107)
----------- -----------
Net loss $ (8,157) $(20,728)
=========== ===========
Loss per share: Basic and diluted $ (0.06) $ (0.24)
=========== ===========
Weighted average number of common shares
outstanding 128,472,637 88,071,196
=========== ===========
Contact:
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
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http://www.shareribs.com/technology/automotive/...winne_id100437.html
Im Gesamtjahr 2013 will Buffett-Liebling BYD in China 6.000 E-Autos verkaufen, hauptsächlich an Taxiunternehmen. Auch ist der Verkauf von 2.000 Bussen geplant. Im ersten Halbjahr 2014 soll dann aus dem Joint Venture mit Daimler ein E-Auto namens Denza auf den chinesischen Markt kommen.
http://www.shareribs.com/technology/automotive/...en_an_id100771.html
Die Aktie des chinesischen Autobauers BYD Co war eines der beliebtesten Investments vieler E-Auto Enthusiasten, allen voran Warren Buffett. Nach enttäuschenden Quartalen könnten neue Subventionen der Branche insgesamt neuen Schub verleihen.
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