Cummins Is Charging Towards Green
If ten years ago, you’d asked any green activist to name companies, that would be ruined by or fail to adjust to global warming by decarbonising their product line, I’m sure most big diesel engine manufacturers, like Cummins, would have been on their list.
But Cummins have successfully moved on as their latest press releases about their technology show.
- October 13th – Cummins Drives Gigawatt Electrolyzer Manufacturing Plant Forward in Spain, Expanding Its Global Clean Energy Footprint.
- October 10th – Cummins Drives Domestic Green Hydrogen Economy Forward With First U.S. Electrolyzer Manufacturing Facility.
- October 6th – Atura Power Selects Cummins To Design, Manufacture 20 MW Electrolyzer System For Niagara Hydrogen Centre.
- October 5th – Cummins’ Second Largest Solar Farm Goes Live at Rocky Mount Engine Plant.
- September 22nd – Destination IAA: Cummins Unveils New Technology For Zero-Emissions Power Solutions.
- September 20th – Cummins QSK95 Engine Proven Fully Compatible With Renewable Diesel.
- September 15th – Cummins Advocating for Racial Equity (CARE) Supports Mobile Grocery Markets in Communities Across the U.S.
- September 15th – Destination IAA: Cummins Debuting Electrified Meritor Powertrains For The First Time Since Acquisition.
- September 8th – Cummins Advocating for Racial Equity (CARE) Invests in a Sustainable Future Through Private Equity Partnership.
- September 8th – Cummins Scaling Belgium Electrolyzer Manufacturing Capacity To 1 Gigawatt Through IPCEI Support.
- September 7th – Werner Enterprises Signs Letter of Intent Planning to Secure 500 X15H Engines from Cummins.
- August 31st – Transport Enterprise Leasing Planning to Integrate Cummins’ X15H into Heavy Duty Truck Fleets.
These can be summarised as follows.
- Green Solutions – 4
- Electrolysers for green hydrogen – 3
- Decarbonisation of diesel engines – 3
- Community Support – 2
- Electric Powertrains – 1
- Solar Power – 1
According to Google, the Cummins share price has risen thirty percent in the last five years.
They must have done something right!
The Anonymous Widower 
Yes have invested broadly, but when you look at the CV of the Cummins CEO and her origins in a fuel cell start-up it’s not exactly unexpected that they’ve got their fingers in PEMC, SOFC and Alkaline Fuel Cells.
The only other company in the world that seems to have a similar profile and is embracing such a wide range of power generating technologies is China’s Weichai Power.
It does surprise me that while most engine manufacturers are directly engaging in fuel cells and batteries to some degree Caterpillar, although committed to alternative fuels in their combustion engines, have so far remained aloof from directly investing in such businesses.
Comment by fammorris | November 1, 2022 |
Cummins may well be charging towards green but not before they pay a $1.675 billion penalty for using “defeat device”, a la Volkswagen, when they supplied diesel engines for the Dodge Ram.
https://www.justice.gov/opa/pr/statement-attorney-general-merrick-garland-agreement-principle-cummins-settle-alleged#:~:text=Engine%20manufacturer%20Cummins%20Inc.%20today,hundreds%20of%20thousands%20of%20engines.
Comment by fammorris | January 12, 2024 |