Sunday, March 5, 2023

Hydrogen and fuel cell stocks

 Plug Power Inc. (NASDAQ:PLUG); caters to supply chain and logistics, electric vehicles, and stationary power applications, providing clean hydrogen and fuel cell solutions. On June 7, Plug Power Inc. announced that it will supply 8 MW of hydrogen fuel cell stationary power for the generation of clean energy, in collaboration with Energy Vault Holdings, Inc. (NYSE:NRGV).  Plug Power announced this will be the biggest hydrogen powered fuel cell installation in the United States. 

New Fortress Energy Inc. (NASDAQ:NFE) operates as an integrated energy infrastructure company that primarily uses natural gas for power generation. The company also aims to provide carbon-free power by using hydrogen instead of fossil fuels. 

Bloom Energy  (NYSE:BE); designs, manufactures, commercializes, and installs solid-oxide fuel cell systems for power generation in the United States and internationally. On June 7, Bloom Energy signed an agreement with Perenco, a UK-based hydrocarbon company, to install 2.5 MW of Bloom's solid oxide fuel cells in England. This will mark Bloom Energy’s entrance in the UK fuel cell market. 

Cummins Inc. (NYSE:CMI) manufactures and designs diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. The company offers electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. 

Air Products and Chemicals, Inc. (NYSE:APD); provider of atmospheric gasses, process and specialty gasses, including hydrogen and liquid hydrogen.

BP p.l.c. (NYSE:BP) is primarily involved in the production of natural gas, onshore and offshore wind power, hydrogen and carbon capture facilities, and crude oil. 

Shell plc (NYSE:SHEL)  is an energy and petrochemical company that provides crude oil, natural gas, and natural gas liquids, in addition to producing and selling hydrogen. 

Like Linde plc (NYSE:LIN), DuPont de Nemours, Inc. (NYSE:DD), and Chevron Corporation (NYSE:CVX)

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