The world has already initiated efforts to promote renewable energy sources to make this planet a living place for future generations. In backdrop of this development, several countries have established relevant renewable energy authorities and defined a set of goals to be achieved in the future. Global research institutions and agencies have identified all the possible renewable energy resources. Out of these, hydrogen fuel cells are a cost-effective solution for the domestic as well as corporate sector. This mode of power generation is becoming popular in aviation, industrial as well as IT industry. It is because the companies belonging to these sectors are weighing options to deploy environment-friendly energy sources to reduce carbon footprint. Apart from these sectors, mobile phone companies are also working on utilizing hydrogen fuel cells in cell phones. It has been reported that cellphone manufacturing giant, Apple, was researching use of hydrogen fuel cells in cell phone batteries to replace the conventional mobile batteries. If the outcome of the research is successful, mobile devices will become more environment-friendly and the hydrogen fuel cells will provide longer battery time to users. Read more about Top 15 Hydrogen Fuel Cell Stocks for 2021 at Yahoo.
DuPont de Nemours Inc. is a Fortune 500 company, and it started its hydrogen fuel cells business way back in the year 2001. DuPont is very popular in the hydrogen fuel cell industry. The company expects that the hydrogen fuel industry will be a $10 market by end of the decade. As per a research by Insider Monkey, 61 hedge funds have invested in DuPont by the end of third quarter, 2020. According to estimates, the value of the investment is $3.67 billion. Another US-based company, FuelCell Energy Inc. is popular for its fuelcell energy designs and manufacturing of fuel cell power plants. The SureSource hydrogen fuel cell power plant, owned by the company, produces additional hydrogen for industrial use and power generation. SureSource hydrogen fuel cell power plant is endorsed by the California Low Carbon Fuel Standard for compliance while the California Air Resources Board declared it a carbon-negative power plant. Is this information interesting for you? Are you interested to read more about hydrogen fuel cell companies? Check out this article shared by Insider Monkey, 10 Best Hydrogen Fuel Cell Stocks To Buy Now, on Yahoo.