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Hydrogen Engine Center, Inc (HYEG)

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Last Post: 4/5/2022 9:40:25 AM - Followers: 23 - Board type: Free - Posts Today: 0



Clean Power NOW

There is no need to wait for clean power. In 2004, HEC introduced the first production hydrogen-fueled, spark-ignited, internal combustion engine for industrial uses. We are making hydrogen-fueled power generation systems and engines available years before automotive companies will offer their hydrogen engines for industrial applications.


Hydrogen-fueled power generation systems can produce electrical power for your business and prevent the high operating costs of using fuel cells as well as the dirty emissions of diesel-fueled generators. If the cost of fuel cells sinks your budget, and the smell of diesel stinks up your air, then you will love our hydrogen-fueled electrical power generation systems.



Industry Overview

Currently the distributed power industry is dominated by diesel-fueled generators.  We offer a clean solution that will fit into the environmental requirements of countries who have signed the Kyoto Protocol. Additionally, states like California are independently regulating emissions and cities like New York have experienced the unpleasant environmental impact of polluting diesel-fueled generators that supply backup power during a brownout.

Our path to an emissions-free system includes alternative-fueled and hydrogen-fueled engines, which are exceptionally well-suited for many markets, including the ground support equipment industry.  Many airports utilize enclosed passageways for baggage tractors and belt loaders.  Currently those routes are reserved for electric vehicles or vehicles operated by fuel cells.  Oxx Power™ hydrogen-fueled internal combustion engines combine two major needs:  power and near-zero emissions.

 HEC’s Oxx Power engines are configured to have the same form, fit and function as industrial engines currently in common use.  These engines serve as replacement engines for the industrial user who has been dependent upon a manufacturer of traditional gasoline-fueled industrial engines.  The initial Oxx Power engines are standard gasoline powered internal combustion engines.  However, HEC’s engines can be easily converted to hydrogen or other alternative fuels in the future.  The end user is in a position to adjust the fuel utilized, whether for cost or availability of fuel or a legislative environment that forces compliance with emissions. 

Why Hydrogen

Hydrogen has the potential to eliminate carbon based emissions completely.  Water is the only emission from a hydrogen-fueled engine.  The environmental imperative of reducing greenhouse gases and pollution is now recognized by most developed nations throughout the world.  Ultimately, greenhouse gases are believed by many to be heading the planet into an untenable, if not catastrophic, situation of extreme weather events, heating the Arctic and Antarctic regions of the globe, therefore raising ocean levels.  The centerpiece in this worldwide recognition is embodied in the Kyoto Protocol, intended to cut carbon dioxide and other greenhouse gases.  The treaty was negotiated in December 1997 and came into force in February 2005 following ratification by Russia. As of 15 January 2008, 177 countries and 1 regional economic integration organization (the EEC) have deposited instruments of ratification, accession, approval or acceptance. The United States has not ratified the treaty.



HEC leads the way in the use of hydrogen-fueled internal combustion engines in power generation markets.  All power generation equipment manufactured by HEC is engineered to order based on customer specifications. 

Preliminary data sheets are available for the 60kW and 250kW generator sets.  For information regarding generator capabilities and sales, please contact us via telephone... 1-515-295-3178 or e-mail at sales@hydrogenenginecenter.com.

Click here for Generator System Quote Request

News and Events


The Hydrogen Engine Center, Inc. offers a quarterly newsletter to shareholders, customers and all interested parties containing news, events and other important information free of charge. Published on a quarterly basis, newsletters are sent by email as a PDF document. If you would like to receive upcoming corporate newsletters and press releases via e-mail, please CLICK here to join the mailing list. All email addresses are protected and will not be shared without permission.

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Company Information

Management Team

Hydrogen Engine Center, Inc. takes pride in its employees.  Below are the members of the management team.  Feel free to take a few minutes to get to know those behind the Oxx Power® brand.

Michael Schiltz - Acting President

Mr. Schiltz joined the Company in October of 2005. Prior to joining HEC, he was a senior partner with The Merrill Company/Arnold Motor Supply. The Arnold Group of Companies currently has seven divisions covering five states and serves over 80 company-owned and independently-owned auto parts stores. Mr. Schiltz held the position of division manager for engine components in 2004 and 2005. In 2002, he formed the cylinder head division and served as its division manager where he developed a remanufactured aluminum cylinder head exchange program.

Mr. Schiltz began his experience at The Merrill Company / Arnold Motor Supply as a machinist in 1983 where he became a self-trained certified master machinist within two years. He developed aluminum welding processes that continue to be used in the industry. In addition to his experience with the Arnold Group of Companies, Mr. Schiltz co-founded Innovative Lighting, Inc. in 1993. Innovative Lighting, Inc. is a leading edge LED lighting company which specializes in the development and distribution of dependable energy efficient lighting products.

Sandra M. Batt - Chief Financial Officer

Ms. Batt joined the Company on December 5, 2005 as its Chief Financial Officer.  Prior to that time, she served as Chief Financial Officer for Golden Grain Energy in Mason City, Iowa from September 2004 to December 2005. She graduated from Briar Cliff University with a B.A. in Accounting. From 1998 to 2003, Ms. Batt was employed as finance director at Sbemco International, Inc.  Prior to joining the private sector Ms. Batt spent 15 years in public accounting.  She is a member of the American Institute of Certified Public Accountants, the Iowa Society of Certified Public Accountants and the Society for Human Resource Management.

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Hydrogen Engine Centre Canada Announces Involvement in

World's Biggest Hydrogen Project 

 HEC to Provide Hydrogen-Fueled Engines for Luggage Tractors

On Wednesday April 29, 2009, 3:36 pm EDT

ALGONA, Iowa--(BUSINESS WIRE)--Hydrogen Engine Center, Inc. (HEC) (OTCBB: HYEG.OB - News) announced today that it will be involved in an $11 million (CAD) hydrogen energy technology demonstration project at Montreal’s Pierre Elliot Trudeau International Airport. The airport project is focused on testing and demonstrating hydrogen technologies and fueling infrastructures. Numerous hydrogen usages will be tested within the project, including but not limited to, passenger transportation, cargo handling, various power sources as well as hydrogen “filling” technologies. A main goal of the project is to demonstrate how hydrogen can be integrated into existing environments safely and effectively.

Ted Hollinger, HEC’s founder and Jan Rowinski, HEC Canada’s Board Chairman were in Montreal for the announcement of this project and are pleased that HEC Canada will be responsible for providing and installing up to ten (10) hydrogen-fueled 4.9L internal combustion engines for installation in existing airport luggage tractors. This is a multi-million dollar agreement for which HEC will provide goods and services valued at $1,151,898 CAD. Participation in the project involves an in-kind contribution from HEC in the amount of $575,949 CAD. Ted Hollinger elaborated on the importance of HEC’s involvement in the project. “This project has been a long time coming. We are thrilled to be a part of the solution to convert existing airports into a cleaner, greener environment. Our participation in this Hydrogen Demonstration Project will allow the entire world traveling through this airport to witness a sampling of the carbon-free power solutions HEC designs and manufactures.”

The Government of Canada and the Government of Quebec are major partners in the project along with Air Liquide who is participating in the project and acting as the Projects Manager. HEC plans to work directly with Air Liquide on all aspects of the hydrogen-fueled internal combustion engines.

Jan Rowinski stated that, “By working with elite companies such as Air Liquide, we are able to position ourselves as a prime mover. This shows the world we’re ready, willing and able to immediately deliver hydrogen-fueled engines and power solutions on a global scale.”

About Hydrogen Engine Center, Inc.

Hydrogen Engine Center, Inc. (HEC) develops systems and processes used in the design, manufacture and distribution of alternative fuel internal combustion engines, engine controls and power generator systems. These technologies are for use by customers and partners in the industrial and power generation markets. These solutions and the engines using them are designed to run on hydrogen, ethanol, methanol, ammonia and traditional fuels. Engines and engine products are sold under the brand name Oxx Power®. HEC trades on the Bulletin Board under the symbol "HYEG.OB." Principal offices are located at 2502 E Poplar St., Algona, Iowa 50511. Visit or in the US dial 515-295-3178 for more information.

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, acceptance of the Company's products, increased or unforeseen levels of competition for the Company, new products and technological changes, the Company’s ability to hire and retain qualified employees, the Company's dependence on third-party suppliers, the availability of capital and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.


Hydrogen Engine Center, Inc.
Nicole Fritz-Kemna, 515-295-3178
Communications Director

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
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  • 6M
  • 1Y
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#149   Consistent volume. Someone is amassing shares of MikeyInTheD 04/05/22 09:40:25 AM
#148   Dodge has joined the party and is now MikeyInTheD 04/01/22 06:44:14 AM
#147   Ford reviving hydrogen engine based on Muscle Cars MikeyInTheD 03/21/22 10:47:31 PM
#146   thx Reena! porkchopranch 09/30/21 04:06:30 PM
#145   ok pick em low 09/30/21 01:32:48 PM
#144   ASCM can’t dilute they short shares in otc dieseld28 09/30/21 01:06:30 PM
#143   40% .227 gonna go again! Garyst 09/30/21 11:08:01 AM
#142   So tired of these market makers ASCM etc pick em low 09/30/21 10:19:52 AM
#141   https://www.otcmarkets.com/stock/HYEG/disclosure .I hope you got in yesterday. reena969 09/30/21 02:48:57 AM
#140   Correct. Entered today Garyst 09/29/21 09:02:20 PM
#139   If buying volume in AM, it will move nicely Garyst 09/29/21 09:01:29 PM
#138   Thx Diesel! porkchopranch 09/29/21 04:48:39 PM
#137   https://www.otcmarkets.com/otcapi/company/dns/news/document/53318/content here’s dieseld28 09/29/21 04:39:41 PM
#136   https://www.otcmarkets.com/otcapi/company/dns/news/document/53317/content 2 LOI’ dieseld28 09/29/21 04:37:12 PM
#135   Can you post the filing?? porkchopranch 09/29/21 04:18:54 PM
#134   I don't see you around here about a Epson 09/29/21 04:01:13 PM
#133   i think it was, it disappeared, was hoping rhopton 09/29/21 04:00:46 PM
#132   Could be a fake ask Garyst 09/29/21 03:52:20 PM
#131   200,000 share wall at .20 now, not looking rhopton 09/29/21 03:51:06 PM
#130   If not, definitely a AM pop Garyst 09/29/21 03:49:57 PM
#129   hope so, or nice to see them pull it. rhopton 09/29/21 03:35:39 PM
#128   Can get thru that maybe by close Garyst 09/29/21 03:33:56 PM
#127   there's that .245 ask at 46,928 shares, that rhopton 09/29/21 03:32:07 PM
#126   28k .17 bid Garyst 09/29/21 03:28:49 PM
#125   a final push to break that .25 today rhopton 09/29/21 03:04:47 PM
#124   OTC has the float around 8M in August Zorro 09/29/21 02:04:59 PM
#123   Amazing action here Pro_Stock_Trader 09/29/21 09:49:17 AM
#122   Anyone looked at the filing here? Page 16. reena969 09/29/21 01:57:17 AM
#121   Several short-term signals, along with a general good John Legend 01/28/21 04:01:06 AM
#120   Another day, another dollar. Jump in and join John Legend 01/20/21 10:18:41 AM
#119   Hydrogen will finally beat EV. The momentum to John Legend 01/10/21 03:27:28 AM
#118   Graph on this looks like a coiled spring ShaneO19 11/28/20 08:33:55 PM
#117   It appears they don't even have a TA. equtz 11/25/20 11:31:52 AM
#116   Crashed because there are no operations or employees. MikeyInTheD 11/24/20 02:44:03 PM
#115   Just bought a bunch. Any reason for ShaneO19 11/24/20 11:42:07 AM
#114   Congrats to everyone that stayed in this trade. MikeyInTheD 11/24/20 09:42:14 AM
#113   Cummins already has Westport which is cheap if MikeyInTheD 11/23/20 01:05:24 PM
#112   Too rich for my blood at these levels. MikeyInTheD 11/23/20 01:04:35 PM
#111   maybe this company would be a good fit big johnny hell 11/20/20 01:51:49 PM
#110   Up another 10% today! .20 bid offered at .209 porkchopranch 11/20/20 12:15:18 PM
#109   https://www.nytimes.com/2020/11/11/business/hydrogen-fuel-california.html porkchopranch 11/12/20 02:33:44 PM
#108   No one knows because the company doesn’t respond MikeyInTheD 11/05/20 12:09:12 PM
#107   Did they sell the building? It sounded like equtz 11/05/20 12:07:40 PM
#106   The website hasn’t been updated in a couple MikeyInTheD 11/03/20 12:47:54 PM
#105   http://www.hectina.net/ Interesting although stop sign up What can you tell Doubledown75 11/03/20 12:28:39 PM
#104   That’s why I started selling. I love MikeyInTheD 11/03/20 11:41:48 AM
#103   I've e-mailed and called over the last 3-4 porkchopranch 11/03/20 10:12:26 AM
#102   Trim your positions - the run has reversed. MikeyInTheD 11/02/20 12:26:01 PM
#101   No one willing to dump shares at these MikeyInTheD 10/27/20 04:51:52 PM
#100   Hope you're right, been in HYEG since 2005! porkchopranch 10/22/20 01:49:24 PM
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