Showing posts with label protonex. Show all posts
Showing posts with label protonex. Show all posts

Monday, September 24, 2007

Fuel Cells in the Mainstream

For those of you who missed it, a couple weeks ago there were actually two (2) (II) articles on fuel cells on the front page of the Boston Globe business section . But it was sort of a good news/strange news situation.

Good news: both were positive announcements, not bankruptcies.

The strange news: One was an announcement that Medis Technologies, a NASDAQ-listed joint Israeli-US venture, is ready to bring their portable multi-device charger fuel cell to market in the US. Problem is, the device is self-contained and disposable, therefore is not a fuel cell by definition. I (among others) have had some heated exchanges with Medis reps, but whatever.

Strange #2: For those of you buying a Honda FCX Concept fuel cell vehicle during the next year, the US is offering a whopping $12,000 tax credit. Problem here is, there's still only one in use in the US, leased by a California family, and an outright purchase price would be around $700,000 - $800,000. On the other hand, I have driven the Honda, and it's spectacular. I just wish I could use the tax credit.

Today's news: MA-based Protonex has come up with another business coup, non-military this time, signing a truck SOFC APU joint development deal with global diesel gen-set maker Cummins (MN, IN). Cummins had been working SOFCo-EFS of Ohio in the DoE SECA program for years, but SOFCo was purchase last year by Rolls Royce Fuel Cells.