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ValueTheMarkets.com News Commentary:With huge investment pouring in from governments and companies around the world, hydrogen is set to play a huge role in the future of energy. As such, emerging green hydrogen technologies represent a major opportunity for investors. This article discusses the topic with reference to innovators like Ballard Power Systems (NASDAQ: BLDP), Linde PLC (NYSE: LIN), Bloom Energy Corp (NYSE: BE) and
According to the
Ballard Power Systems (NASDAQ: BLDP) are experts in fuel cell technology with a particular focus on making transit clean and green. The company makes a variety of heavy-duty modules for buses, trucks, trains and ships. This sees the company receive orders for a wide variety of applications, with a recent win resulting in the business agreeing to supply 60 hydrogen fuel cells for use in zero-emissions mining trucks. The company's innovation is continual too, with a current major focus on creating a product which is as cost-effective as possible. An announcement from June confirmed that the business intends to scale production of its next generation, proprietary graphite bipolar plates. This process, which will significantly reduce plate materials while enabling high-power density stacks, is expected to result in cost savings of up to 70%. This innovative approach could make the company's products more affordable and thus more attractive to customers.
European chemicals giant Linde PLC (NYSE: LIN) is another company taking an innovative and leading approach to the hydrogen opportunity. It's one of the world's largest producers of industrial gases, so getting in on the hydrogen game makes sense. Generating clean hydrogen is one of this business's key projects, with plans to bring its
Bloom Energy Corp (NYSE: BE) is another expert in fuel cell technology. This company has constructed the Bloom Energy Server, which it says allows for more efficient clean hydrogen generation through the use of its solid oxide technology. This focus on efficiency has seen several impressive feats from the company, including the unveiling of the world's largest solid oxide electrolyzer installation at
There are clearly many exciting innovations to come from the rapidly growing hydrogen energy space. Major players like Ballard Power Systems, Linde and Bloom Energy are busy perfecting the way in which hydrogen energy is generated and stored, thus rapidly increasing the availability of green hydrogen. Meanwhile, businesses like Jericho seek to develop new hydrogen technologies to solve real-world problems and help customers to reduce emissions with this increasing supply of clean hydrogen.
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