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Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is a proton exchange membrane (PEM) fuel cell power system development and commercialization. The Company’s principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, and the delivery of services, including technology solutions, after sales services and training. It also offers hydrogen fuel cell powertrain integration solutions. Its fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. It also has sales, assembly, research and development, certain engineering services and after-sale service facilities in Hobro, Denmark and London, United Kingdom, and has a sale, supply chain, and after-sales service office in Guangzhou, Guangdong Province, China.


TSX:BLDP - Post by User

Bullboard Posts
Comment by mart33on Mar 20, 2008 6:40pm
383 Views
Post# 14756591

RE: Support at $5.75

RE: Support at $5.75Although i agree that the company has potential in the fuel cell market, i'm concerned with where this technology will go in the long run as well. I am familiar with Ballards bus contracts all across canada. However, i see these more as an awareness campaign by municipalities rather than a full blow paradigm shift into fuel cell vehicles. ALthough Buses might be a good use for the technology, i'm concerned about the auto applications. As the concern goes, infrastructure does not exist to support the new technology.

Lastly, I'm sceptical as many alternative energy companies have been rising in recently due to obscene oil price, but ballard has not budged. This is some concern in the fact that the market does not seem to be as optimistic.

I was once a strong believer in the fuel cell technologies of ballard, but i'm not as sure these days.
Bullboard Posts