USA

AIMCo, GIC, Manulife and Ontario Teachers’ Providing Funding for a Green Hydrogen Project to Help the Western U.S. Utilities Meet Their Sustainable Energy Goals.

Nikola’s New York-based customers eligible for up to $185,000 incentive per truck.

Innovative project aims to tackle cost and sustainability to deliver affordable hydrogen at scale.

MOUNT PLEASANT, Pa. — WATT Fuel Cell Corp (“WATT”) announced their new 1500W Imperiumᴿ Solid Oxide Fuel Cell System received ETL certification to operate on either natural gas or liquid propane gas. The system’s ETL certification complies to North American safety standards.

KINGSTON, R.I. — With an Early Career Award from the U.S. Department of Energy, a University of Rhode Island chemist will study a surprising chemical reaction that could be useful in releasing hydrogen for fuel cells.

Second Quarter Fiscal 2022 Financial Highlights

(All comparisons are year-over-year unless otherwise noted)

• Revenues of $16.4 million compared to $14.0 million
• Gross loss of $(7.3) million compared to $(4.8) million
• Loss from operations of $(28.2) million compared to $(17.4) million
• Backlog of $1.33 billion as of April 30, 2022, compared to $1.32 billion as April 30, 2021

• Carbon capture solution targets industrial-scale carbon dioxide (CO2) emitters along the Louisiana Gulf Coast.
• Proven Honeywell carbon capture technology complements EnLink’s extensive pipeline infrastructure and projected sequestration connections to provide full service, capital-efficient service offerings.
• Honeywell will conduct a feasibility study for a potential retrofit of existing assets at its Louisiana facilities, including a carbon capture solution and EnLink’s transportation and sequestration solution.

$504 Million Loan Guarantee to Advanced Clean Energy Storage for World’s Largest Clean Hydrogen and Energy Storage Project in Utah.

Expanded Capabilities at NREL Demonstrate High-Flow-Rate Hydrogen Fueling for Heavy-Duty Applications.