Ballard Power Systems

Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products for a variety of applications. It focuses on power product markets of heavy duty motive, portable power, material handling, and backup power, as well as the delivery of technology solutions. The company was founded in 1979 and is headquartered in Burnaby, Canada.

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Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products. It focuses on power products for bus, truck, rail, marine, stationery, and emerging markets applications, as well as the delivery of services, including technology solutions, after sales services, and training. The company was founded in 1979 and is headquartered in Burnaby, Canada.

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For more than 30 years, investors have been looking for hydrogen stocks to buy as the pursuit of clean energy has gone from vision to reality. However, while hydrogen holds promise as one of the few “clean” energy alternatives, there are several obstacles that the industry has yet to fully overcome.

3 Hydrogen Stocks to Turn $100,000 into $1 million: June 2024

VANCOUVER, BC , June 10, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today releases its 2023 Environmental, Social, and Governance (ESG) Report, highlighting progress across Ballard's 2023 ESG performance and articulating an ongoing commitment to transparency and environmental leadership in the fuel cell industry. The report captures performance metrics in the pursuit of Ballard's sustainability commitments and supporting initiatives.

Ballard Publishes its 2023 ESG Report

VANCOUVER, BC , June 6, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced results of its 2024 Annual General Meeting, which was held on June 5 th. All nominees listed in the Management Proxy Circular dated April 8 th, 2024 were elected as directors of the Company.

Ballard Power announces results of Annual General Meeting 2024

BEND, Ore.--(BUSINESS WIRE)--Element 1 Corp, a pioneer in on-demand hydrogen generation technology, and Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP), have joined forces to accelerate the adoption of sustainable hydrogen energy solutions. This groundbreaking collaboration aims to revolutionize the way we generate and utilize hydrogen for various applications. Specifically, the joint effort successfully paired Ballard's FCwave™ 200-kW fuel cell module with Element 1's M/L18 hydrogen generator.

Element 1 Corp. and Ballard Power Systems Collaborate on Revolutionary Hydrogen Power Solutions

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Adoption of renewable energy has been on the rise across the globe. Everything from government subsidies to growing consumer consciousness has driven its rise.

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The hydrogen story holds significant potential. We can see that with cheap hydrogen stocks like Plug Power (NASDAQ: PLUG ), for example, which ran from a low of about $2.80 to $4.90.

3 Cheap Hydrogen Stocks to Buy Now: May 2024

VANCOUVER, BC and LAS VEGAS , May 20, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today unveils its 9th generation, high-performance fuel cell engine, the FCmove®-XD, at the Advanced Clean Transportation (ACT) Expo at the Las Vegas Convention Center. Ballard is exhibiting at Booth 1821 from May 20-23, 2024.

Ballard launches 9th generation high-performance fuel cell engine for heavy-duty vehicles at ACT Expo 2024

While the top- and bottom-line numbers for Ballard (BLDP) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Ballard (BLDP) Q1 Earnings: A Look at Key Metrics

Ballard Power Systems (BLDP) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.11 per share a year ago.

Ballard Power Systems (BLDP) Reports Q1 Loss, Misses Revenue Estimates

VANCOUVER, BC , May 7, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).

Ballard Reports Q1 2024 Results

Ballard Power has been a disappointment for investors, but it may be a good speculative buy at this point. The company's financial performance has been lackluster, with declining margins and continued losses. However, Ballard has a strong balance sheet and significant cash reserves, which makes it a turnaround candidate for patient long-term investors.

Delicious Runway For Patient Ballard Power Shareholders

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Equities related to the once-burgeoning hydrogen market are largely worth avoiding in 2024. The demand for renewable energy, especially one as expensive to produce and transport as hydrogen, has been rather for well over a year.

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There are some multibagger hydrogen stocks that investors should have on their radars. Investing in companies involved in the hydrogen industry could potentially offer significant growth opportunities for investors.

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VANCOUVER, BC , April 16, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced multiple purchase orders totaling 70 FCmove®-HD hydrogen fuel cell engines from its customer Wrightbus (https://wrightbus.com/), a UK-based bus manufacturer deploying hydrogen-powered buses in the UK and Europe. Ballard expects delivery of the fuel cell engines to occur in 2024, and the buses to enter into service in 2025.

Ballard announces orders for 70 hydrogen fuel cell engines for delivery to Wrightbus in 2024

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Investors may want to pay close attention to hydrogen stocks. All as the U.S. fights to make hydrogen happen.

Wall Street Favorites: 7 Hydrogen Stocks with Strong Buy Ratings for April 2024

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Penny stocks, known for their riskiness, experience rapid surges and falls due to low volume, affordable pricing and operational factors. However, for informed investors, there are penny stocks to buy that offer a chance to secure substantial gains at low costs.

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VANCOUVER, BC , April 9, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Tuesday, May 7 th, 2024 at 8:00 a.m. Pacific Time (11:00 a.m.

Ballard Announces Q1 2024 Results Conference Call

Fuel cell products developer and manufacturer Ballard Power Systems (NASDAQ: BLDP ) needs a win. Over the past year, BLDP stock has suffered a loss of 43%.

Trade of the Day: Take a Bet on Ballard Power Systems (BLDP) Stock

Ballard signs an agreement with a European bus maker for the supply of 1,000 fuel-cell engines through 2027.

Ballard Power Stock Rises. Fuel-Cell Maker Gets Largest Order in Its History.

Ballard Power Systems Inc.'s stock was rallying in pre-market trading on Monday after the fuel-cell maker said it inked its largest supplier deal since it was founded in 1979.

Ballard Power's stock rallies on largest order in company history

VANCOUVER, BC and ROCKWALL, Texas, April 1, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced it has been awarded $54 million of investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C), funded by the Inflation Reduction Act (IRA). The 48C program, which provides 30% investment tax credits for selected clean energy manufacturing projects, is designed to support secure and resilient domestic clean energy supply chains.

Ballard announces $54 million of additional funding support, bringing total U.S. federal funding to $94 million for Ballard's fuel cell Gigafactory in Texas

VANCOUVER, BC and BOLECHOWO, Poland , April 1, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a Long Term Supply Agreement ("LTSA") with its customer Solaris Bus & Coach sp. z o.o. ("Solaris"; www.solarisbus.com), a leading European bus manufacturer, for the supply of 1,000 hydrogen fuel cell engines through 2027 for the European transit bus market.

Ballard announces largest order in company history - 1,000 engines to power Solaris buses across Europe

VANCOUVER, BC , March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors.

Ballard Announces Appointment of Jacqui Dedo to Board of Directors

On March 13, the U.S. Department of Energy announced $750 million in funding for 52 projects across 24 states to support clean hydrogen in America. That's excellent news for hydrogen stocks.

Hot Stocks: The 3 Best Opportunities for Investing in Hydrogen

VANCOUVER, BC and ROCKWALL, Texas , March 14, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced it has received notification from the Hydrogen and Fuel Cell Technologies Office within the U.S. Department of Energy (DOE) that Ballard's applications for two grants totaling US$40 million under the Clean Hydrogen Electrolysis, Manufacturing, and Recycling Program have been selected and recommended for negotiation of financial awards. The grants will support Ballard's construction and build-out of an integrated fuel cell production Gigafactory based in Rockwall, Texas.

News for Ballard Power Systems Stock (BLDP)