Tag: CMI
Westport Fuels Natural Gas Conversion
Earlier this week Westport Fuel (WPRT: Nasdaq) reported financial results for the quarter ending September 2018. Based on British Columbia, Westport is a developer and manufacturer of clean fuel systems for both fossil and renewable fuel sources. It has taken some years, but Westport management has worked hard and overcome a number of obstacles to bring a mix of engines and systems capable of handling various fuels such as natural gas, hydrogen and liquid petroleum gas.
Revenue jumped to $65.5 million in the September 2018, quarter delivering $4.3 million in cash earnings. The company’s relationship with truck engine manufacturer Cummins (CMI: NYSE) is proving to be...
Westport’s New High Pressure Direct Injection System
Earlier this week Westport Fuel Systems (WPRT: Nasdaq) announced a technology breakthrough with its high pressure direct injection system for truck engines using natural gas as a fuel. A new cryogenic pump has been development for high-horsepower applications and integrated into Westport’s fuel system, which has apparently been demonstrated at higher cylinder pressures. The company apparently plans to load the innovation, which it called Westport HPDI 2.0, into next generation diesel engines.
Investors interested in renewable energy or focused environmental improvements are probably wondering why this little company outside Vancouver, Canada could be important.
The uncomfortable truth is that the world’s addiction to fossil fuel will not...
