The fuel cell market year 2000 was one of factory building and initial public offerings (IPOs) in the fuel cell industry, while 2001 should see steadily increasing commercial production. Many of the major players, including Ballard Power, FuelCell Energy, Plug Power, DCH Technology, Greenvolt, and Global Thermoelectric, began building and expanding factories scheduled to begin production in 2001.
Avista Labs outsourced its manufacturing needs. Proton Energy, H Power, Hydrogenics, Millennium Cell and Stuart Energy had successful IPOs combining to raise more than a billio