Investing in hydrogen stocks is an exciting opportunity given the increasing focus on sustainability and clean energy technologies. Here are the nine biggest hydrogen companies projected for 2024:
1. Linde PLC – One of the world’s largest suppliers of hydrogen, Linde is well-positioned to profit from increasing demand.
2. Ballard Power Systems – This Canadian company specializes in proton exchange membrane fuel cell development.
3. Plug Power – This energy company offers hydrogen fuel cell turnkey solutions.
4. Air Products & Chemicals – Known for its atmospheric gases, process & specialty gases, this company also deals in hydrogen generation.
5. Bloom Energy – Prominent for their energy servers (called Bloom Boxes), Bloom Energy also deals in hydrogen-powered fuel cells.
6. FuelCell Energy – This company offers a variety of fuel cell solutions and is one of the leaders in using hydrogen for energy.
7. Nel ASA – A Norwegian company that specializes in hydrogen production, storage, and distribution technologies.
8. ITM Power – UK-based ITM Power specializes in the manufacture of integrated hydrogen energy systems.
9. Hydrogenics Corporation – Now a subsidiary of Cummins, Hydrogenics is known for designing, manufacturing, building and installing industrial and commercial hydrogen systems.
Please note that investing in stocks always comes with risks and it’s important to do thorough research or consult with a financial advisor before making any investment decisions.