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Ballard Power Systems Inc News

21 Feb 2019

Ballard Joins H2Ports Project

Ballard Power Systems Europe is providing technology to H2Ports project which will see Valencia’s port in Spain become the first in Europe to incorporate hydrogen energy in its operations.The developer and manufacturer of proton exchange membrane (PEM) fuel cell products said in a press release that H2Ports project is aimed at facilitating a rapid transition at European ports from fossil fuels to low-carbon, zero-emission alternatives based on hydrogen and fuel cells.Ballard Power Systems Europe, subsidiary of Canada's Ballard Power Systems Inc.,  said that earlier this month participants held the first technical meeting of the H2Ports project…

28 Apr 2014

Ballard Power Posts Smaller-Than-Expected Loss

Canadian fuel cell maker Ballard Power Systems Inc posted a smaller-than-expected quarterly loss, helped by higher revenue from its engineering services and material handling businesses. Revenue from Ballard's engineering services business, which counts Volkswagen AG among its customers, rose nearly threefold in the first quarter ended March 31. The business accounted for half of Ballard's total revenue in the quarter. Ballard said it expected to begin supplying fuel cell stacks to service Plug Power Inc's order with Wal-Mart Stores Inc in the second half of this year. Plug Power said in February it would supply 1,738 hydrogen fuel cells, used to power forklifts and other material-handling equipment, to Wal-Mart.