Is Platinum Responsible For Sleepless Nights For The Fuel Companies Like Fuel Cell Energy Inc. (NASDAQ:FCEL) – WMT, PLUG


Dallas, Texas 04/07/2014 (FINANCIALSTRENDS) – There are very few sectors or rather industries that are as fascinating as the renewable and non-renewable energy sector. Especially the sector that deals with the fuels is the most attractive and fascinating segment. Fuel Cell Energy Inc. (NASDAQ:FCEL) is one of the market players of this particular segment. For past few months the shares of Fuel Cell have seen a downfall as many investors have opted for some other companies in the same segment.

There are various deals being signed by the big players like Plug Power Inc. (NASDAQ:PLUG) and Wal-Mart Stores Inc. (NYSE:WMT). Recently a major deal was signed between Plug Power Inc. and Wal-Mart Stores Inc. The deal is supposed to be of several years which will allow Plug Power Inc. (NASDAQ:PLUG) to provide full-cell energy with the supplies so that it can power the forklifts at the six distribution centers of Wal-Mart.

Reality of the Fuel-cell stocks like Fuel Cell Energy Inc. (NASDAQ:FCEL)

There is a lot of confidence that is being shown on the fuel stocks by the investors and this is the major reason why the fuel cell energy sectors are generating business with the giants like Wal-Mart etc. Despite all this, there is a major concern that is whether companies like Fuel Cell Energy Inc. (NASDAQ:FCEL) become a mainstream energy provider with enough revenue generation rather than just serving and maintaining the niche market.

Strong need for Platinum

One of the most important components helpful in the production of fuel-cell energy is Platinum. There are few experts that believe that the future may be dicey for companies like Fuel Cell Energy Inc. (NASDAQ:FCEL) who make the use of hydrogen and natural as to produce power as Platinum acts as the primary catalyst in the whole process. The experts say that Platinum is the most expensive component and to keep on buying this metal is a need.