Recent #Fuel Cell news in the semiconductor industry

3 months ago

➀ The transition from conventional fuels to renewable energy sources has made hydrogen a crucial energy carrier. Fuel cells provide energy for mobility and independent power supply as an alternative to traditional combustion engines. However, the technology is still lacking in components available in the required quantities and at affordable costs.

➁ The Fraunhofer Institutes in Germany are working together on cost-effective mass production of bipolar plates, the core of fuel cells, to achieve widespread use of fuel cells.

➂ The research project 'H2GO' focuses on developing industrial technologies for fuel cell production, including efficient processes and production systems, as well as machinery and equipment construction.

FraunhoferFuel CellHydrogen Energyinnovationmaterial science
9 months ago
1. Ballard Power Systems announced a major corporate restructuring to conserve capital due to delayed fuel cell adoption; 2. The company aims to save operating expenses by over 30%, translating to approximately $50 million annually; 3. The restructuring measures are expected to extend the company's cash runway into the next decade, but industry prospects remain bleak.
Capital ConservationCorporate RestructuringFuel Cell