U.S. Department of Energy invests another US$3 million in the fuel power battery market

According to the US Department of Energy, FuelCellEnergy’s fuel power cell project is mainly dedicated to improving the performance and service life of stationary fuel power cells that can be used for distributed power generation and cogeneration, and reducing their processing costs, thereby giving the market a more economical and cheaper option. Energy options. On April 8, U.S. stocks fuel-powered battery Sambo Prager Energy (NASDAQ: PLUG), Ballard Power Systems (NASDAQ: bLDP), and fuel-powered battery energy also changed from the previous few days’ decline and closed up 6.97 respectively. %, 9.14% and 4.39%. Recognizing the value of fuel power cell technology, the U.S. government restarted the H2USA project in mid-2013 and gradually increased its support to related companies, aiming to promote the development of hydrogen infrastructure and the fuel power cell industry. On January 7 this year, Prager Energy also announced that it had received US$3 million in funding from the US Department of Energy. In a webinar held recently, Dr. Sunita Satyapal, Director of the Office of Fuel Power Cell Technology of the US Department of Energy, said that the fuel power cell market has huge potential and the entire market value is expected to reach 100 billion US dollars.