The Multinational Cummins, Famous for Its Diesel Engines, Plans to Heavily Invest in Fuel Cells for Transportation and Other Markets

Written by Valdemar Medeiros

Published on 20/11/2020 at 09:37

Usina de combustível movido a hidrogênio dos EUA

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Cummins, a Company Famous for Diesel Engines, Plans to Expand Its Fuel Cell and Hydrogen Production Businesses and Further Solidify Itself as a Global Leader in Energy

Cummins, a company famous for diesel engines, plans to expand its fuel cell and hydrogen production businesses and further solidify the company as a global leader in energy.

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“As the world transitions to a low-carbon future, Cummins has the financial strength to invest in fuel and hydrogen production technologies, as well as advanced diesel and natural gas engines,” said President and CEO Tom Linebarger.

Plans for the Diesel Market of Multinational Cummins

Cummins specifically outlined its plans to generate revenues from electrolyzers of at least US $ 400 million by 2025 regarding the diesel market. Members of Cummins’ leadership team reviewed the company’s existing hydrogen portfolio and strategy and discussed specific market opportunities in a virtual conference held today with the investor community.

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Reducing the Level of Carbon in the Atmosphere

Cummins leaders also shared beyond their plans for the diesel market how green hydrogen and fuel cells will play a critical role in reducing greenhouse gases and atmospheric emissions from the industries they serve to meet expert recommendations for limiting global temperature increases in line with the Paris Agreement.

They also shared that they expect the adoption of fuel cell technology to take time as technologies continue to develop and costs decrease in the diesel market. They added that infrastructure is a current barrier and will require action and involvement from the private industry and government to accelerate the adoption of hydrogen fuel cell solutions.

“The production of green hydrogen and the adoption of fuel cell technologies in markets served by fossil fuels today will be essential to reduce greenhouse gas emissions worldwide and will also enable Cummins to achieve carbon neutrality by 2050,” Linebarger added. “We will continue to bring hydrogen fuel cell products to market and already have many products in the field, including road, rail, maritime trucks, and other applications, as well as hundreds of electrolyzers.”

The Multinational Cummins, Famous for Its Diesel Engines, Plans to Heavily Invest in Fuel Cells for Transportation and Other Markets

Cummins, a Company Famous for Diesel Engines, Plans to Expand Its Fuel Cell and Hydrogen Production Businesses and Further Solidify Itself as a Global Leader in Energy

Also Read

Plans for the Diesel Market of Multinational Cummins

Reducing the Level of Carbon in the Atmosphere

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The Multinational Cummins, Famous for Its Diesel Engines, Plans to Heavily Invest in Fuel Cells for Transportation and Other Markets

Cummins, a Company Famous for Diesel Engines, Plans to Expand Its Fuel Cell and Hydrogen Production Businesses and Further Solidify Itself as a Global Leader in Energy

Also Read

Plans for the Diesel Market of Multinational Cummins

Reducing the Level of Carbon in the Atmosphere

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

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