Fuel Cells and Lithium Batteries Take on Market Part II

Aug 16, 2016, 10:15 ET from FinancialBuzz.com

NEW YORK, August 16, 2016 /PRNewswire/ --

Technology has been progressing rapidly to prolong battery life and so has the material made from it. Lithium battery systems have been the latest trend to match consumer expectations. In comparison, the AGM battery power storage is much greater than the traditional lead acid batteries, but nothing is superior to lithium-ion as of now in the markets. Ultralife Corp. (NASDAQ: ULBI), Oakridge Global Energy Solutions, Inc. (OTC: OGES), Ballard Power Systems (NASDAQ: BLDP), Plug Power (NASDAQ: PLUG), and FuelCell (NASDAQ: FCEL).

Keep in mind, batteries are most often associated with powering devices to make life more enjoyable, but realizing that they can also help improve the quality of life. Whether batteries are aiding the medical world or helping the military; lithium-ion batteries are being used extensively thanks to it being lightweight. Ultralife Corp. (NASDAQ: ULBI) consists of two different business sectors: Battery & Energy Products and Communications. Ultra has developed Lithium Carbon mono-fluoride Manganese dioxide hybrid cells, which provides the advantages to increase performance when it comes to high capacity, energy density, discharge rate, long shelf life and enhanced functionality based on temperature.

US-based manufacturing company of lithium-ion smart energy cells for military, civilian and medical applications, Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) announced last week that it is creating the Oakridge Center for Advanced Energy Technology (C-Tech) in Palm Bay, Florida. In announcing the new C-Tech facility, Oakridge CEO, Mr. Barber stated, "We are very pleased to be instrumental in creating the Oakridge Center for Advanced Energy Technology.  C-Tech will enable us to take a much more proactive role in educating and training people, and in creating more lucrative high-technology job opportunities in what is now becoming recognized as the "next wave" of the lithium battery industry.

Oakridge Global Energy Solutions, Inc.  just announced it has created a new corporate logo for its emerging Japanese operations. The new Oakridge Japan logo symbolizes the quality of cutting edge in Japanese energy technology. The new corporate logo demonstrates Oakridge's respect for, and commitment to, its new strategic Japanese multinational corporate partners stated the company.

Currently the selection of efficient, cleaner energy vehicles includes a vast variety of models from hybrids to plug-in electrics, to diesels and hydrogen fuel cells. Hydrogen powered vehicles were introduced many years ago but has finally entered the U.S market of last year. Important players in this market include Ballard Power Systems (NASDAQ: BLDP) and Plug Power (NASDAQ: PLUG).

Ballard is the global leader in proton exchange membrane fuel cell (PEMFC) technology that has delivered close to 150-megawatts of Ballard fuel cell stacks of clean energy solutions for its customers, with Plug Power being one of them. By using Ballard's fuel cell stacks, Plug Power was able to install over 2,800 GenDrive® systems with major companies such as BMW Group, Central Grocers Inc., Coca-Cola, FedEx Freight, Sysco Foods, Walmart Canada, and Wegmans Food Markets.

Integrated fuel cell company, FuelCell (NASDAQ: FCEL) is the largest DFC® power planet fleet that designs, produces, retails, installs, manages and services stationary fuel cell power plants up to 2.8-megawatts for distributed power generation. The system is appropriate for on-site applications with heavy load requirements such as infirmaries, academies, large facilities and treatment plants. The plants are accessible as multiple DFC3000 systems can be joined to deliver tens of megawatts of Ultra-Clean energy to the electric grid.

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