1. Ballard Power Systems Inc.
Ballard Power Systems Inc. is a leading hydrogen fuel cell technology company that designs, manufactures, and deploys fuel cell electric technology for a wide range of industries globally. Since its founding in 1979, Ballard has created a wealth and diversity of hydrogen-powered solutions, focusing particularly on heavy-duty motive applications such as buses, commercial trucks, and trains. Ballard’s hydrogen fuel cells are known for their high efficiency and zero emission, making it a reliable choice for sustainable energy sources.
2. Plug Power Inc.
Plug Power Inc., founded in 1997, is one of the largest providers of hydrogen fuel cell turnkey solutions. The company provides hydrogen fuel cells, fueling stations, and hydrogen storage systems. Their technology is primarily designed for electric forklifts and material handling vehicles. Plug Power offers end-to-end system solutions, installing hydrogen technology, providing maintenance, and ensuring reliability for a broad range of businesses globally.
3. FuelCell Energy, Inc.
FuelCell Energy is a global leader in delivering clean, efficient, and affordable fuel cell solutions designed to promote a sustainable energy future with no compromises. FuelCell develops complete fuel cell power plants used for power generation in utility-scale and on-site energy applications. With a carbon capture retrofit system, FuelCell is making significant strides in extracting hydrogen from natural gas and other carbon-emitting sources.
4. ITM Power PLC
UK-based ITM Power PLC is a frontrunner in the manufacture of integrated hydrogen energy solutions. The company primarily produces equipment to generate hydrogen gas. Alongside this, they also engineer rapid response high-pressure hydrogen energy storage systems. ITM’s green hydrogen solutions are contributing to decarbonization strategies across power, heat, transport, and industrial sectors.
5. Bloom Energy Corporation
California-based Bloom Energy Corporation is known for its solid oxide fuel cell technology, creating a cleaner, more reliable, and affordable electricity source from multiple fuel types, including hydrogen. Bloom’s Energy Servers™ can produce power from hydrogen gas with virtually zero emissions, thereby creating a complete solution that reduces greenhouse gas emissions and local pollutants.
6. Linde PLC
Linde PLC operates by producing, processing, and distributing hydrogen and other high-value gases. The Dublin-based company uses hydrogen to develop cleaner fuels for a variety of applications such as cars, forklifts, and commercial trucks. Its work in hydrogen infrastructure, including hydrogen fueling stations for vehicles, has established Linde as a key player in green energy.
7. Nel ASA
Norwegian company Nel ASA is committed to driving hydrogen forward as a key solution in the energy transition. Its focus revolves around providing optimal solutions for the production, storage, and distribution of hydrogen from renewable energy. Nel ASA’s vision is a world that runs entirely on green energy, and their work towards hydrogen energy technology influences this narrative.
8. Hydrogenics Corporation
Hydrogenics Corporation operates across two segments: OnSite Generation, for the on-site production of hydrogen, and Power Systems, which focuses on fuel cell products. Their mandate is to provide innovative hydrogen systems that act as future-proofing remedies for the transition from fossil fuels to low-carbon or zero-carbon fuels.
9. Air Products & Chemicals, Inc.
Air Products & Chemicals, Inc. is an international corporation that sells gases and chemicals for industrial uses, with a significant stake in the hydrogen sector. They’ve collaborated on a number of global projects to generate renewable hydrogen and integrate hydrogen fuel cells into transportation and logistics infrastructure. Their proactive attitude in promoting hydrogen energy has made Air Products & Chemicals an influential player in the sector.
These nine hydrogen companies reflect promising advancements in sustainable energy. By investing in the technology of these hydrogen giants, investors are contributing to these technologies’ evolution, thereby promoting a greener and cleaner future.
