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Bullboard - Stock Discussion Forum Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Industrials
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... see more

TSX:BLDP - Post Discussion

Ballard Power Systems Inc > "Ballard Power Systems (BLDP.TO)(BLDP) shares climbed
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Post by KozmoT on Mar 10, 2021 2:01pm

"Ballard Power Systems (BLDP.TO)(BLDP) shares climbed

in early trading Wednesday as investors embraced a deal with Canadian Pacific Railway (CP.TO)(CP) to use the company’s fuel cells in hydrogen-powered trains.

Components from Vancouver-based Ballard will deliver power to a locomotive converted from diesel, the two companies said in a news release after the closing bell on Tuesday. The fuel cells will work with batteries to power electric traction motors.

Once operational, CP Rail said it plans to test the technology’s readiness for hauling freight. The Calgary-headquartered company said the program represents “North America's first hydrogen-powered line-haul freight locomotive.”

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Ballard Power Systems Inc