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Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (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, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates in a single segment of fuel cell products and services. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.


TSX:BLDP - Post by User

Comment by Francois33on Jan 13, 2021 5:35pm
206 Views
Post# 32287985

RE:RE:RE:RE:Ballard will keep going to new highs

RE:RE:RE:RE:Ballard will keep going to new highsHi Barrhavenite,

I guess you are right, what I meant is that CP is at a turning point (FUTURE) for all reason (fuel saving, environnement, etc). Since BLDP is THE WORLD LEADER in its field & a Canadian compagny, CP wont go look else where. Yesterday news is also a good indicator. for the sector. See CP news below...

For your second point, I think each individual has there strategy and timeline. Mine is to let this baby grow since this is only the start of the hydrogen cycle, I mean the real one... But you are right, its always good to take profit once in a while. But for me, right now, I like the trend and dont really care about daily, monthly fluctuations. As long as its going up !!!  ;  )   What I mean is that I dont gamble here, I'm investing for the long run...

Good luck with your strategy...

Francois33

CP announces hydrogen-powered locomotive pilot project

Canadian Pacific (TSX: CP) (NYSE: CP) announced today that it plans to develop North America's first line-haul hydrogen-powered locomotive. CP's Hydrogen Locomotive Program will retrofit a line-haul locomotive with hydrogen fuel cells and battery technology to drive the locomotive's electric traction motors. Once operational, CP will conduct rail service trials and qualification testing to evaluate the technology's readiness for the freight-rail sector. 

"This is a globally significant project that positions CP at the leading edge of decarbonizing the freight transportation sector," said Keith Creel, CP's President and Chief Executive Officer. "CP will continue to focus on finding innovative solutions to transform our operations and adapt our business, positioning CP and our industry as leaders for a sustainable future."

The work builds on CP's prior experience with testing low-emitting locomotive technologies, including biofuels, compressed natural gas and battery-powered solutions. Nearly the entire freight locomotive fleet of all railway operators in North America consists of diesel-powered units, representing the industry's most significant source of greenhouse gas emissions.

CP has long focused on energy-saving initiatives as a core component of its sustainability practices. Since 1990, CP has improved its locomotive fuel efficiency by more than 40 percent through a variety of programs and technology deployments designed to improve fuel economy and reduce air emissions. The application of leading practices, emerging technologies and relationship building across the value chain and industrial sector will remain critical as CP addresses the climate change challenge.

For more information about CP's sustainability initiatives, visit sustainability.cpr.ca.

 

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