The Fuel Cell Industry Review provides a comprehensive summary of all major news and other events that affected the global fuel cell industry in 2011.

Coverage includes:

•     Technology advances
•     Key mergers and acquisitions
•     Business alliances and partnerships
•     Research and development
•     Government funding
•     New products and their effect on industry advancement
•     Current and pending legislation that will affect the industry
•     Key industry events

TABLE OF CONTENTS

INTRODUCTION 
    WHICH FUEL CELL TYPES SEEM TO FIT IN WHAT APPLICATION?  2-3
    VALUE OF FUEL CELLS IN GLOBAL MARKETS  4-5

CHAPTER ONE: TRANSPORTATION  
    TUCSON IX HYDROGEN FUEL CELL EV   6
    BALLARD WORKING ON SOUTH AMERICAN FUEL CELL BUSES
       WITH INTEGRATOR TUTTOTRASPORTI  7
    FUEL CELL BUS FOR TOKYO AIRPORT ROUTES  8
    U S  TRANSIT ADMINISTRATION PROMOTES FUEL CELL BUS
       TECHNOLOGIES 9
          U S  TRANSIT ADMINISTRATION  (CONTINUED)   10
    ROAD READY FUEL CELL CABS DEBUT IN LONDON  11
    NORDIC COUNTRIES PREPARE FOR FCV DEPLOYMENT   12
    EUROPEAN DEMONSTRATION OF HYDROGEN POWERED FUEL
       CELL FORKLIFTS  13
    HYUNDAI MOTOR INTRODUCES "NEW THINKING" AT THE 2011
       SEOUL MOTOR SHOW  14
    BALLARD SUB-LEASES SURPLUS FC MANUFACTURING SPACE
       TO DAIMLER  15
    BALLARD COMPLETES OPTIMIZATION OF PRODUCTION SPACE  16
    BALLARD FUEL CELLS BACKING LONDON CLIMATE CHANGE
       TARGET   16
          BALLARD FUEL CELLS BACKING  (CONTINUED) 17
    FUEL CELL POWER MODULES FOR HYBRID FERRY   18
    SAE HAS BOOK ON HYBRID FUEL CELL VEHICLE DESIGN   18
    PLUG POWER AT HYDROGEN INDUSTRIAL PARK   19
    PLUG POWER FINANCIALS AND STATUS   19
    U S  DOE SETS ASIDE $74 MILLION FOR FUEL CELL R&D   20
    VALIDATING METHANOL FUEL CELLS  21
    WORLD RECORD FOR UTC   22
    SIMON FRASER UNIVERSITY FUEL CELL VEHICLE FUNDING   23
    NEXT GENERATION EFOY COMFORT   24

CHAPTER TWO: MATERIALS AND COMPONENTS
    APPLE LIQUIDMETAL FUEL CELL PATENT   25
         APPLE LIQUIDMETAL FUEL   (CONTINUED)  26
         APPLE LIQUIDMETAL FUEL   (CONTINUED)  27
    MORE ON APPLE LIQUIDMETAL FUEL CELL PATENT  28
         MORE ON APPLE LIQUIDMETAL  (CONTINUED)   29
         MORE ON APPLE LIQUIDMETAL  (CONTINUED)   30
              MORE ON APPLE LIQUIDMETAL  (CONTINUED)   31
         SILVER AND RHODIUM ALLOY WITH PALLADIUM-LIKE
            PROPERTIES  32
         SEMIAUTOMATED FUEL CELL5 ASSEMBLY LINE   32
         SOLID ELECTROLYTE NANOCRYSTALS IN FUEL CELLS 33
         OXIDATION RESISTANT CARBON SUPPORTS FOR FUEL CELLS  34
         PARTNERSHIPS FOR PEMFCS   35
         ITM POWER MEMBRANE TEST UPDATE  36
         HYDROGEN SAFETY COMPONENTS AVAILABLE   37
         STRATEGIC ALLIANCE FOR STEEL FUEL TANKS  37
         COST-EFFECTIVE FUEL CELL MANUFACTURING PROCESS   38
         CASE WESTERN NANOTUBE CATALYSTS  39
         FUELCON SOFC STATUS  40
         OPTOMEC AIR FORCE SOFC CONTRACT  41
         ORNL FUEL CELL MICROSCOPY  42
         PLATINUM-COATED NANOPARTICLES FOR ROOM
            TEMPERATURE FUEL CELLS   43
         NANO ARCHITECTURE MEA FOR NEXT GENERATION FUEL
            CELL  44
              NANO ARCHITECTURE MEA FOR  (CONTINUED)  45
         DOE AWARD FOR MEA COST REDUCTION   46
         POROUS ALUMINUM-CELMET FOR ELECTRODES  46
              POROUS ALUMINUM-CELMET   (CONTINUED)  47

CHAPTER THREE: STATIONARY 
    ELECTRO POWER SYSTEMS INTRODUCES INDIA
       ELECTROSELF  48
    INCENTIVE PROGRAM OF $21 6 MILLION FOR FUEL CELL
       TECHNOLOGY INSTALLATION  49
    GERMANY'S FIRST OFF-GRID BASE STATION   49
    HYBRID RENEWABLE ENERGY SOLUTIONS FOR TELECOM   50
    RESIDENTIAL CHP FIELD TRIALS IN CONSUMERS' HOMES   51
    SOUTH KOREA STANDARD PRICING FOR FUEL CELLS  51
         SOUTH KOREA STANDARD   (CONTINUED)  52
    1 4 MW POWER PLANT TO A CALIFORNIA UTILITY AT
       CALIFORNIA STATE UNIVERSITY  53
    COX COMMUNICATIONS COMPLETES FUEL CELL PROJECTS   54
    KOREAN GAS SAFETY CERTIFICATION FOR CLEAREDGE
       POWER  55
    ONE MEGAWATT FUEL CELL GENERATOR FOR SINGAPORE   55
    FUEL CELLS IN PLACE AT COX COMMUNICATIONS   56
    FUEL CELL POWERED HIGH SCHOOLS  57
    FUELCELL ENERGY ASIAN MARKET EXPANSION   58
         FUELCELL ENERGY ASIAN   (CONTINUED) 59
    FUELCELL ENERGY FINANCIAL STATUS  60
              FUELCELL ENERGY FINANCIAL   (CONTINUED)  61
              FUELCELL ENERGY FINANCIAL   (CONTINUED)  62
        BLOOM ENERGY UPDATE: "ELECTRONS" AND CUSTOMERS  63
              BLOOM ENERGY UPDATE: " (CONTINUED)  64
              BLOOM ENERGY UPDATE: " (CONTINUED)  65
        SAFCELL REPORTS ON SOLID ACID FUEL CELL STACK FOR
           COOL FLAME DIESEL REFORMER  66
        PURECELL FLEET ATTAINS 100,000 HOURS OF OPERATION  67
        CERAMIC FUEL CELLS SALES AND SERVICE AGREEMENT
           WITH HILLS HOLDINGS  67
        POWER ON DEMAND COMBINES FUEL CELL, BATTERY,
           ALTERNATIVE ENERGY PRODUCTION 68
        REORGANIZATION FOR AFC ENERGY  69
        TROPICAL DEBUTS FC POWER UNITS  70
        FUELCELL ENERGY'S 70 MEGAWATT FC ORDER   70
              FUELCELL ENERGY'S 70   (CONTINUED)  71
              FUELCELL ENERGY'S 70   (CONTINUED)  72
        BALLARD BACKUP POWER FOR MEININGEN, GERMANY  73
        FIRST DIRECT FUELCELL INSTALLATION IN THE U K    73
        CLEAREDGE POWER $73 5 MILLION FINANCING  74
        WASTE-TO-ENERGY FUEL CELL DEMO PLANNED  75
        SCS ENERGY WILL TAKE OVER HYDROGEN ENERGY
           CALIFORNIA  76
        HECA: FUEL CELLS, CARBON SEQUESTRATION, AND
           ENHANCED OIL RECOVERY   76
              HECA: FUEL CELLS, CARBON,  (CONTINUED)   77
              HECA: FUEL CELLS, CARBON,  (CONTINUED)   78
        BLUEGEN ACCREDITATIONS AND CERTIFICATIONS   79
        AFC ENERGY COMMERCIAL COMMISSION AND STATUS  80
              AFC ENERGY COMMERCIAL  (CONTINUED)   81
        ULTRA ELECTRONICS TO ACQUIRE ADAPTIVE MATERIALS FOR
           $23 MILLION  82
        GRANT FOR THE INDUSTRIAL FIELD TESTS OF THE "NEXA
           1200" FUEL CELL SYSTEM  83
        JOINT COMMERCIAL SOFC TEST   83
              JOINT COMMERCIAL SOFC TEST (CONTINUED)  84

CHAPTER FOUR: PORTABLE 
    NEAH POWER IS CONTINUING EFFORTS TOWARD LICENSING
      POWERCHIP   85
    MTI STATUS REPORT  86
    NANOMETRIC THIN FILM SOLID OXIDE FUEL CELLS  87
    PORTABLE POWER HYDROGEN FUEL PELLETS  88
         PORTABLE POWER HYDROGEN   (CONTINUED) 89
CHAPTER FIVE: HYDROGEN GENERATION AND STORAGE  90
    HARD X-RAYS PROBE MODEL FUEL CELL CATALYST  90
    FIRST HYDROGEN FUEL CELL POWERED LIGHT TOWER   90
    HYDROGEN INITIATIVE FOR HAWAII   91
    NANO-STRUCTURED ELECTRODES FOR HYDROGEN
       PRODUCTION  92
    LAWRENCE BERKELEY NATIONAL LAB HYDROGEN STORAGE
       NANOCOMPOSITE  93
          LAWRENCE BERKELEY NATIONAL   (CONTINUED)   94
    LOS ALAMOS HYDROGEN FUEL RECYCLING 95
    ACTA AGREEMENTS WITH CLAIND SRL AND WITH MES   96
    NREL HYDROGEN SAFETY PROGRESS   97
    MEMS FLOW SENSORS FOR FUEL CELL SYSTEMS  98
    ENHANCED BIOINFORMATICS R&D FOR HYDROGEN
       PRODUCTION  98
    SOLID HYDROGEN STORAGE CONTRACT  99
    CARBON NANOTUBES FOR HYDROGEN STORAGE  99
    START-UP PROMOTES NANOBEADS FOR HYDROGEN
       REFUELING   100
          START-UP PROMOTES NANOBEADS   (CONTINUED)  101
    XEBEC AND SOUTHERN CALIFORNIA GAS BIOGAS
       PURIFICATION  102
    SOLID HYDROGEN STORAGE SOLUTION CONTRACT   102
    HYDROGEN ECONOMY CENTER AT UNIVERSITY OF SOUTH
       CAROLINA  103
    MYFC DEBUTS PORTABLE FUEL CELL CHARGER   104
    ITM POWER COMPLETES DESIGN PHASE 105
          ITM POWER COMPLETES   (CONTINUED)   106
    WATT FUEL CELL PORTABLE SOFC JOINT VENTURE  107
    ITM POWER NOVEL HYDROCARBON ION EXCHANGE
       MATERIAL  107
          ITM POWER NOVEL HYDROCARBON   (CONTINUED)  108
    ULTRA76 TANTALUM ALLOY FOR HYDROGEN
       EMBRITTLEMENT RESISTANCE   109
    U S  DOE HYDROGEN STORAGE TECHNOLOGY R&D  109
    ALUMIFUEL POWER PATH-TO-MARKET PARTNERS   110
    GERMANY TO GET HYDROGEN FUEL STATION NETWORK   111
    FIRST U S  PIPELINE-FED HYDROGEN STATION 112
          FIRST U S  PIPELINE-FED   (CONTINUED)  113
    MASSIVE HYDROGEN GENERATION IN ISTANBUL TURKEY  114
    AGREEMENT TO JOINT MARKET LOW-COST, HIGH-ACCURACY
       HYDROGEN ANALYZER   114
    SIGNA CHEMISTRY EXPANDS CENTRAL PROCESS   115
    COLD CLIMATES HYDROGEN TECHNOLOGY  116
         CALIFORNIA'S SEWAGE TO FUEL DEVELOPMENTS 116
              FIRST U S  PIPELINE-FED   (CONTINUED)  117
         COMPRESSOR WITHOUT MOVING PARTS REACHES 800 BAR   118
         USC AMMONIA BORANE HYDROGEN ROUTE   118
         IRON VEINS IMPROVE MAGNESIUM HYDROGEN STORAGE   119
         CO-PRODUCTION OF HYDROGEN FUEL   120
         SEMICONDUCTOR MATERIAL AS A HYDROGEN ROUTE  121
              SEMICONDUCTOR MATERIAL   (CONTINUED)  122

CHAPTER SIX: MILITARY
    LOCKHEED MARTIN VALIDATES POTENTIAL IN-THEATER
       FUEL CELL USE  123
    CORPS OF ENGINEERS AWARDS $2 5M FUEL CELL BACKUP
       PROJECT   123
    GM FUEL CELL VEHICLE FOR NAVY  124
    FUEL CELL POWERED FORKLIFTS FOR THE DEFENSE
       LOGISTICS AGENCY   125
    $1 1 MILLION SUBCONTRACT TO INTEGRATE FUEL CELL
       POWER SYSTEM  125
    GLOBAL OBSERVER MISHAP DURING EXTENDED DURATION
       FLIGHT TESTING  126
    DARPA REPORTS ON HYBRID SOFC SMALL DRONE  127
    ENERGYOR UAV ACHIEVES 10 HOUR FLIGHT ENDURANCE  128
    PROTON ONSITE SECURES MILITARY HYDROGEN FUELING
       CONTRACT   129
    STUDENTS DESIGN PORTABLE HYDROGEN REACTOR FOR
       FUEL CELLS  129
          STUDENTS DESIGN PORTABLE HYDROGEN
             (CONTINUED)  130

CHAPTER SEVEN: INDUSTRY NEWS  
    CHP PRODUCT RECEIVES CE SAFETY APPROVAL   131
    SANDIA HYDROGEN PARTNERSHIP GOES GLOBAL  131
         SANDIA HYDROGEN PARTNERSHIP   (CONTINUED)  132
    FCHEA DOES NOT OUTSOURCE THE CLEAN ENERGY
      ECONOMY  133
    FUELCELL ENERGY REGISTERED DIRECT OFFERING OF
      COMMON STOCK  134
    BAC2 SHIFTS FROM R&D TO PRODUCTION MODE  134
    NORWEGIAN HYDROGEN FUELING STATION AWARDS   135
    SOCALGAS INVESTS IN OREGON FUEL CELL MANUFACTURER 135
    FUEL CELL AND HYDROGEN ENERGY ASSOCIATION POLICY
      DIRECTOR  136
    GREENANGEL ENERGY APPOINTS NEW DIRECTOR   136
    PROTON POWER ADMINISTRATIVE CHANGES   136
        BING ENERGY RECEIVES A $1 9 MILLION FLORIDA JOB
           CREATION REWARD  137
        PILUS ENERGY AND HORIZON FUEL CELL ALLIANCE  137
        HYUNDAI MOTOR GROUP JOINING CLEAN ENERGY
           PARTNERSHIP   138
        AFC GETS NEW MANAGING DIRECTOR  138
        ALTERNATIVE ENERGY PARTNERS SPIN-OFFS, FOCUS ON
           FUEL CELLS  138
        ULTRA ELECTRONICS REPAYS MICHIGAN 21ST CENTURY JOBS
           FUND AWARD  139
        SUNFIRE AND STAXERA SYNTHETIC FC FUEL  140
        NEW PRESIDENT AND CEO FOR CANADIAN HYDROGEN AND
           FUEL CELL ASSOCIATION  140
        PLUG POWER, INC  COMPLETES $20 MILLION PUBLIC
           OFFERING  141
        PLUG POWER FINANCIAL STATUS  141
        JOINT VENTURE FOR PRODUCTION OF ALGAE-BASED BIO-
           DIESEL  142
        SHAKE-UP AT GRAFTECH  143
        NEW CEO FOR LEO MOTORS   143
        XEBEC AND NUVERA HYDROGEN AGREEMENT  143
        OPCON SECURES $32 MILLION+ EQUITY LINE OF CREDIT   144
        HOPPECKE PARTNERS WITH RELION  144
        INDONESIA SUPPORTS IDATECH TELECOMM AND BACKUP
           FUEL CELLS  145
        PUBLIC-PRIVATE PARTNERSHIP DEDICATES OVER 200
           MILLION   145
             PUBLIC-PRIVATE PARTNERSHIP  (CONTINUED)  146
        NEAH MAY ACQUIRE EXIGENT SECURITY PRODUCTS  147
        IVOICE WILL MERGE WITH HYDRA FUEL CELL  147
        STAXERA INCREASES GUARANTEE FOR ISM 1 4 KW  148
        SPECIAL FUEL CELL DISTRICT PLANED FOR JAPAN   148
        ARSC ENTERS LOI TO ACQUIRE IVOICE FOR SPINOFF OF
           HYDRA FUEL CELL TO SHAREHOLDERS  148
        TOGNUM AG WILL DISCONTINUE STATIONARY POWER FUEL-
           CELL ACTIVITIES   149
        HYDROGENICS TERM SHEET FOR ONTARIO GOVERNMENT
           FUNDING  149
        CERES POWER'S NEW CEO  150
        DELMARVA FILES TARIFFS FOR DELAWARE PROJECT   150
        FUEL EFFICIENCY STANDARD BY 2025 54 5 MPG  150
        ENOVA SYSTEMS FILES SHELF REGISTRATION STATEMENT  151
             ENOVA SYSTEMS FILES SHELF  (CONTINUED)   152

CHAPTER EIGHT: NOTED
GREENCELL CERAMIC IGNITERS  153
MANGANESE-COBALT COATING FOR SOLID OXIDE FUEL CELL
   INTERCONNECTS   153
WASTEWATER FUELED PHOTOCATALYTIC FUEL CELL  153
PROFESSOR PETROS SOFRONIS TO LEAD CARBON-NEUTRAL
   ENERGY RESEARCH  154
FREEDOM POWER SYSTEMS HAS FIVE MILLION+ HOURS OF
   OPERATION 154
SCHUNK GROUP TÜV SÜD TEST SEAL   155
OHIO THIRD FRONTIER SUPPORT   155
STATUS MOLTEN CARBONATE FUEL CELLS FOR
   WATERBORNE APPLICATION  155
150 W FUEL CELL SYSTEM CONTRACT   156
U S  DOE ENERGY INNOVATION PORTAL  156
EFOY FUEL CELL GENERATORS NOW AVAILABLE IN CANADA   157
TOYOTA ADVANCED FUEL CELL HYBRID VEHICLE TRIALS
   UNDER WAY   157
OEM AGREEMENT WITH LAB-VOLT FOR FUEL CELL
   TECHNICAL TRAINING 158
GRANT TO SUPPORT CLEAN POWER FROM BY-PRODUCT
   HYDROGEN  158
FUJIKURA AND BOEING JV FOR DMFCS  158
UQM ELECTRIC PROPULSION SYSTEMS  159
ROAD COMPLIANCE FOR HFUEL   159
BLOOM ENERGY SELECTS BAXTER PLANNING SYSTEMS  160
FIRST FUEL CELL TO POWER RESIDENTIAL BUILDING IN NY  161
MONASH UNIVERSITY HYDROGEN PRODUCTION R&D   161
TERMINUS ENERGY LABORATORY PLANS  162
VISION MOTOR TESTING FUEL CELL TRUCKS   163