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Globe and Mail
5 days ago
- Business
- Globe and Mail
Fuel Cell Generator Market worth $1.80 billion by 2030
The global Fuel Cell Generator Market is expected to grow from estimated USD 0.63 billion in 2025 to USD 1.80 billion by 2030, at a CAGR of 23.3% during the forecast period. The global Fuel Cell Generator Market is projected to grow from estimated USD 0.63 billion in 2025 to USD 1.80 billion by 2030, at a CAGR of 23.3% during the forecast period. The Fuel Cell Generator Market is gaining momentum due to increasing demand for silent, vibration-free, and low-maintenance power systems in noise-sensitive environments such as hospitals, research facilities, and residential complexes. The growing interest in hybrid renewable systems that integrate solar, wind, and fuel cells for uninterrupted power supply is also driving adoption. Fuel cell generators' ability to operate efficiently in extreme weather conditions makes them ideal for defense and remote-area applications. The rising focus on energy decentralization, carbon credit incentives, and the commercialization of compact, portable fuel cell systems is further expanding their market potential. Download PDF Brochure: The ammonia fuel type segment is projected to grow at the highest CAGR during the forecast period. By fuel type segment, ammonia is forecasted to grow at the highest CAGR during the forecast period as ammonia has a high hydrogen content, is easier to store and transport than hydrogen, and is gaining traction as a carbon-free energy carrier. Ammonia can also be liquefied at moderate pressures as opposed to hydrogen, which requires expensive cryogenic temperatures to be stored as a liquid. This makes ammonia more attractive in terms of infrastructure development. Additional research and pilot projects on direct fuel cells and cracking will lead to more commercial feasibility of ammonia in power generation. Large-scale (above 200 kW) generators are projected to grow at a higher CAGR during the forecast period. Among the size segments, large scale (greater than 200 kW) is expected to grow at the highest CAGR during the forecast period. The larger-scale systems can replace fossil-fuel generators, despite higher capital cost, to meet the demand for high-capacity, low-emission power solutions for industrial, commercial, and utility-scale applications. These systems are increasingly used to power data centers, manufacturing facilities, and microgrids requiring continuous, reliable energy. The ability of the large-scale fuel cell generators to be grid-connected or operate in an off-grid state makes them perfect for backup and peak load management. Europe is estimated to be the fastest-growing region in the Fuel Cell Generator Market. Europe is projected to be the fastest-growing region in the Fuel Cell Generator Market, driven by strong climate policies, ambitious net-zero targets, and extensive funding for hydrogen and fuel cell technologies under initiatives like the European Green Deal. Countries such as Germany, France, and the Netherlands are actively investing in clean backup power and hydrogen infrastructure. The region's focus on reducing dependence on fossil fuels and enhancing energy security accelerates fuel cell adoption across sectors. Additionally, growing demand for sustainable energy in urban and off-grid applications supports the rapid growth of this market in Europe. Request Sample Pages: Key Market Players Some of the major players in the Fuel Cell Generator Market are Bloom Energy (US), PowerCell Sweden AB (Sweden), Nedstack Fuel Cell Technology (Netherlands), Ballard Power Systems (US), Plug Power Inc. (US), ABB (Switzerland), Siemens Energy (Germany), Cummins Inc. (US), AFC Energy (UK), Toshiba Energy Systems & Solutions Corporation (Japan), and Proton Motor Fuel Cell GmbH (Germany). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions. Bloom Energy Bloom Energy is one of the leading manufacturers of fuel cell systems. It also offers electrolyzers, carbon capture technologies, and other renewable energy-related services. Bloom Energy operates through four business segments: Product, Installation, Service, and Electricity. It provides fuel cell generators through its Product business segment. The company manufactures and sells fuel cells under the brand name Energy Servers, the most advanced thermal electric generation technology in the market. Bloom Energy operates in North America and the Asia Pacific. Its principal manufacturing facilities are located in Newark, Delaware (US), and Sunnyvale, California (US), along with R&D facilities in Fremont, California (US) and Sunnyvale, California (US). The company also has manufacturing units in India, the Republic of Korea, China, Taiwan, and the UAE. Some major customers of the company include AT&T (US), Caltech (US), Delmarva Power & Light Company (US), Equinix (US), The Home Depot (US), Kaiser Permanente (US), and The Wonderful Company (US). The company also has manufacturing spaces in India, South Korea, China, Taiwan, and the UAE. The company has a geographic presence in North America and other countries. PowerCell Sweden AB PowerCell Sweden AB is a market player in hydrogen and electric technologies. It spun out from the Volvo Group and offers products and engineering services. PowerCell Sweden AB provides fuel cells through its product brand PowerCellution. The company develops and produces fuel cell stacks and systems with a uniquely high-power density for stationary, marine, off-, and on-road segment applications. PowerCell Sweden AB products run on pure or reformed hydrogen to generate electricity and heat without emissions. The company has developed strategic partnerships and collaborations with various organizations to advance fuel cell technology and its application in different industries. PowerCell Sweden was involved in research and development projects to improve fuel cell performance, durability, and cost-effectiveness. Get access to the latest updates on Fuel Cell Generator Companies and Fuel Cell Generator Industry About MarketsandMarkets™: MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 USA: +1-888-600-6441 Email: newsletter@ Media Contact Company Name: MarketsandMarkets™ Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email: Send Email Phone: 18886006441 Address: 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website:
Globe and Mail
5 days ago
- Business
- Globe and Mail
How Is Constellation Energy Advancing the Clean Energy Shift?
Constellation Energy Corporation CEG is benefiting from renewable energy options in several ways, primarily by expanding its portfolio of clean energy sources, attracting environmentally conscious customers and enhancing its reputation as a leader in the transition to a carbon-free future. While CEG is a major player in the nuclear energy sector, it is also expanding its presence in renewable energy markets. This diversification helps it remain competitive and resilient in a changing energy landscape. CEG is developing new offerings that allow smaller businesses to participate in renewable energy projects, overcoming barriers like minimum energy commitments and high credit standards. Constellation Energy offers various renewable energy solutions like offsite renewables (CORe), on-site solar projects and emission-free energy certificates (EFECs). CORe allows businesses to purchase power from offsite renewable energy projects, like wind and solar farms. It also provides on-site solar solutions, which can help businesses manage energy costs and improve energy reliability. Constellation Energy's commitment to renewable energy aligns with the growing global focus on reducing carbon emissions and combating climate change. CEG is actively working to expand its portfolio of clean energy resources, including nuclear, hydro, wind and solar. Nearly 90% of CEG's annual energy output comes from carbon-free sources, and it has set a goal to produce 95% carbon-free electricity by 2030 and 100% by 2040. Other Utilities Focus on Renewable Operations Some other utility companies that are also focused on expanding their renewable operations have been discussed below: Dominion Energy 's D long-term objective is to add more battery storage, solar, hydro and wind (offshore as well as onshore) projects by 2036 and increase the renewable energy capacity by more than 15% per year, on average, over the next 15 years. NextEra Energy NEE expects to add 36.5-46.5 gigawatt (GW) of new renewables in the 2024-2027 period to the generation portfolio. As of the first quarter of 2025, it had nearly 3.2 GW of renewable projects in its existing backlog. The company's renewables backlog is now nearly 28 GW. CEG Stock's Earnings Estimates The Zacks Consensus Estimate for Constellation Energy's 2025 and 2026 EPS indicates an increase of 9% and 22%, respectively. Image Source: Zacks Investment Research CEG Stock Trading at a Premium CEG is trading at a premium relative to the industry, with a forward 12-month price-to-earnings of 29.14X compared with the industry average of 20.89X. CEG Stock's Price Performance In the past three months, CEG's shares have risen 49.1% compared with the industry 's 28.1% growth. CEG's Zacks Rank CEG currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Constellation Energy Corporation (CEG): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report
Tahawul Tech
5 days ago
- Business
- Tahawul Tech
Google invests heavily in hydroelectric energy
Google has entered into an agreement with Brookfield Renewable Energy to source carbon-free hydropower for use in data centres for over $ 3 billion. Initial contracts under the deal include a 20-year power purchase agreement for 670 megawatts of capacity from two hydropower plants in the US state of Pennsylvania. Brookfield stated its facilities in Pennsylvania will be relicensed, upgraded or overhauled to meet the tech giant's requirements. The deal is part of a broader hydro framework agreement which allows Google to source up to a total of five gigawatts of capacity. Google and Brookfield noted the agreement is the first of its kind and the world's largest corporate clean power deal for hydroelectricity to date. The agreement is part of Google's efforts to power its operations with carbon-free energy in the face of surging power demands to build data centres and train AI models. Source: Mobile World Live Image Credit: Google
The Verge
15-07-2025
- Business
- The Verge
California hit a new record with 67 percent of its energy coming from carbon-free sources.
California hit a new record with 67 percent of its energy coming from carbon-free sources. The state has also been on a record pace of adding more clean energy capacity over the last few years, although Trump's recently passed budget bill is adding some hurdles for future projects.
Yahoo
05-07-2025
- Business
- Yahoo
Google Invests in Nuclear Fusion with Power Purchase Agreement for Virginia Plant
Alphabet Inc. (NASDAQ:GOOGL) is one of the high profit margin stocks to buy now. On June 30, Google announced an investment in nuclear fusion, which is a power source not yet successfully deployed globally. The tech giant revealed plans to purchase 200 megawatts of power from a proposed nuclear fusion plant in Chesterfield County, Virginia, which is being developed by Commonwealth Fusion Systems/CFS. This technology is based on research from MIT. Additionally, Google will increase its existing equity investment in Commonwealth, adding to the over $2 billion the company has already raised. The exact size of Google's new investment was not disclosed, but CFS co-founder and CEO Bob Mumgaard indicated it would be comparable to the previous Series B funding round of $1.8 billion in 2021. A user's hands typing a search query into a Google Search box, emphasizing the company's search capabilities. This shows Google's commitment to its pledge to match its global electricity use with 24/7 carbon-free power by 2030, which was a goal set by Alphabet. The International Atomic Energy Agency estimates that fusion could produce 4x more energy per kilogram of fuel than fission and ~four million times more energy than burning oil or coal, without releasing carbon dioxide, the primary gas contributing to global warming. Alphabet Inc. (NASDAQ:GOOGL) offers various products and platforms and operates through Google Services, Google Cloud, and Other Bets segments. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
