reports
Loop Energy Reports First Quarter 2023 Results
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Loop Energy™ (TSX: LPEN) today reported consolidated financial results for the first quarter ending March 31, 2023. "The fuel cell market continues to develop as end users look to hydrogen solutions to reduce emissions. Loop’s proprietary technology is continuing to advance, and customers are seeing the value of Loop’s products for their applications,” said Ben Nyland, President and CEO. “We are continuing to manage the business conservatively and with the reduction in workforce and cost-cutting initiatives implemented in the quarter will see op...
Loop Energy (LPEN): Initiation — Commercial orders underway
Edison Investment Research Limited Loop Energy (LPEN): Initiation — Commercial orders underway 15-Sep-2022 / 16:11 GMT/BST London, UK, 15 September 2022 Loop Energy (LPEN): Initiation — Commercial orders underway Loop Energy’s patented PEM fuel cell technology has a leading combination of fuel efficiency, power density and durability, resulting in an attractive total cost of ownership, providing the company with a competitive advantage. This is supported by a recent transformational commercial order with electric truck maker Tevva, won via a competitive tender process. Loop ...
- Toby Thorrington
Loop Energy - Commercial orders underway
Loop Energy’s patented PEM fuel cell technology has a leading combination of fuel efficiency, power density and durability, resulting in an attractive total cost of ownership (TCO), providing the company with a competitive advantage. This is supported by a recent transformational commercial order with electric truck maker Tevva, won via a competitive tender process. Loop Energy is targeting disruptors and early movers in electrification of the return-to-base fleet segment of road transport, whic...
Loop Energy and Hydrogen In Motion Inc. (H2M) Announce Project in Brit...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell-based solutions, and , a leading provider of solid state hydrogen storage, announce their plans to collaborate on converting a Southern Railway of BC owned and operated diesel electric switcher locomotive to hydrogen electric. The two British Columbia-based companies will use locally developed technology, including Loop Energy’s 50kw eFlow™ fuel cell system and a low pressure solid state hydrogen storage tank developed by H2M. The project signifies the first instance of Loop supplyi...
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