Phil scroll down the webpage that you have copied this from and you will see the 1mw PEM electrolyzer with Hydrogenics name listed underneath.
reaffirms what HYGS has been saying about the Chinese market.
Hydrogenics Corporation (NASDAQ:HYGS; TSX:HYG), a leading developer and manufacturer of hydrogen generation technology and hydrogen fuel cell power modules, today announced that it has signed separate supply agreements with several Chinese electric vehicle integrators to bring its fuel cell and fueling station technology to China as part of the country’s strategy to solve prevalent air quality issues. The agreements were signed in Beijing on Friday, November 13, at ceremonies attended by Ontario Premier Kathleen Wynne and trade commission delegates, along with local and state officials. Hydrogenics has worked closely with a number of Chinese companies throughout the past year – already delivering over 30 propulsion systems for buses and other vehicle platforms from leading original equipment manufacturers (OEMs) such as Futian and Volvo. The largest bus OEM in China, Yutong, is one of the key suppliers seeking to bring fuel cell technology into the urban transit mainstream.
The deals signed Friday cover more than 2,000 vehicles over the course of the next 3-5 years. Staged rollouts will follow typical engineering milestones from prototyping, manufacturing, vehicle certification and infrastructure build-out. Included in the agreements are heavy-duty fuel cells, fueling stations, and assessments for converting wind energy and other forms of surplus electricity to hydrogen using Hydrogenics’ Power-to-Gas energy storage technology. Hydrogenics anticipates that, during the next twelve months, $10 million or more of revenue could be realized, after which product deliveries should accelerate. Based on Chinese proposals, vehicle fuel cell requirements alone over a five year period are forecast to be above $100 million.
Hydrogenics CEO Daryl Wilson stated, “We are thrilled to h
Hydrogenics annonced that they would see revenues over $100 million from Chinese bus companies over the next 3-5 years. They said that there is room for compititors because the pie is so large in China to share.
Alstom will be revealing their hydrogen fuel cell trainset at InnoTrans 2016 in Sept. Hydrogenics fuel cells on board.
We know that Alstom is the largest commercial order to date at 50 million euros
Could this be the $90 million propulsion order or could it be one of the 2 automotive OEMs that Hydrogenics is working with confidentially.
In any case, shows that demand is coming from many areas.
Notice that Alstom (hydrogenics exclusive customer in Europe for Hyrail) is the company behind supplying all these hydrogen fuel cell trains in the future.
who are the other 3. One of them is a "disrupter" like Riversimple and the other two are OEM's.
All were confidential but may hear more about them at the next CC.