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Fuel Cells Works, Strong Growth in McPhy's 2022 Annual Revenue and Firm Order Intake

Strong Growth in McPhy’s 2022 Annual Revenue and Firm Order Intake

By | Investor News, News | No Comments January 24, 2023 | 7 min read January 24, 2023 | 7 min read
  • Annual revenue of €16.0 million, driven by +37% growth in the second half of the year.
  • +56% increase in the backlog1, generated by firm order intake of €29.4 million for the year 2022.
  • Industry landmark contract signed end of the year for a low-carbon steel project in Germany with one of the world’s leading steel groups.
  • Launch of the Gigafactory project in Belfort after obtaining IPCEI funding2
  • Expected net cash position of around €135 million at December 31, 2022.
Fuel Cells Works, Fpt Industrial’s New Xc13 Hydrogen Combustion Engine Makes Its Field Debut at Flachau Ski World Cup Together With Prinoth

FPT Industrial’s New XC13 Hydrogen Combustion Engine Makes Its Field Debut at Flachau Ski World Cup Together With Prinoth

By | Europe, News | No Comments January 24, 2023 | 4 min read January 24, 2023 | 4 min read

FPT Industrial, the world leading producer of low environmental impact solutions, and  PRINOTH, a world leader in the production of snow groomers and tracked vehicles, provided  additional excitement during the Ski World Cup in Flachau (Austria).  

Fuel Cells Works, Hydrogen: Graforce and Kawasaki Gas Turbine Europe Collaborate on Zero Carbon Heat-Power Cogeneration Solutions

Hydrogen: Graforce and Kawasaki Gas Turbine Europe Collaborate on Zero Carbon Heat-Power Cogeneration Solutions

By | Europe, News | No Comments January 24, 2023 | 3 min read January 24, 2023 | 3 min read

Decarbonization of Industry and Fossil Fuels

Graforce, Germany’s leading provider of zero carbon hydrogen plants, and Kawasaki Gas Turbine Europe GmbH (Kawasaki), a European gas turbine and heat-power cogeneration business, are cooperating for zero-emission heat and power generation. The joint innovative plant concept combines Graforce’s methane electrolysis technology (plasmalysis) with hydrogen turbines from Kawasaki. First customer projects for this zero carbon heat and power solution are in the works.

Fuel Cells Works, Sasol Secures First Hydrogen-Linked Renewable Energy Supply Contract

Sasol Secures First Hydrogen-Linked Renewable Energy Supply Contract

By | Africa, News | No Comments January 24, 2023 | 2 min read January 24, 2023 | 2 min read

JOHANNESBURG – Chemicals and energy company Sasol has signed a long-term contract for the supply of 69 MW of renewable energy to its Sasolburg site in the Free State – the first of several agreements Sasol intends finalising in the coming months as it secures the renewable energy supply required to produce green hydrogen.

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