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Ballard Power Systems Inc. - BLDP STOCK NEWS

Welcome to our dedicated news page for Ballard Power Systems (Ticker: BLDP), a resource for investors and traders seeking the latest updates and insights on Ballard Power Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ballard Power Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ballard Power Systems's position in the market.

News
Ballard announces orders for 70 hydrogen fuel cell engines for delivery to Wrightbus in 2024
Rhea-AI Summary
Ballard Power Systems secures orders for 70 hydrogen fuel cell engines from Wrightbus for delivery in 2024, powering buses in the UK and Germany.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
none
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News
Ballard Announces Q1 2024 Results Conference Call
Rhea-AI Summary
Ballard Power Systems (BLDP) to review first quarter 2024 operating results in a conference call on May 7th, 2024. Investors can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
earnings
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News
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
Rhea-AI Summary
Ballard Power Systems (BLDP) secures $54 million investment tax credits from the U.S. IRS for clean energy manufacturing projects. The company plans to use the funds to build a new fuel cell Gigafactory in Rockwall, Texas, aligning with the national push for decarbonization and zero-emission transport. The total federal funding of $94 million, including previous DOE grants, will support advanced manufacturing of fuel cells, aiming for high production volumes by late 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.63%
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none
News
Ballard announces largest order in company history - 1,000 engines to power Solaris buses across Europe
Rhea-AI Summary
Ballard Power Systems signs a Long Term Supply Agreement with Solaris Bus & Coach for 1,000 hydrogen fuel cell engines, marking the largest order in Ballard's history. The agreement aims to accelerate fuel cell bus adoption in Europe, supporting the transition to zero-emission city buses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.63%
Tags
none
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News
Ballard announces $40 million in DOE grants to support build-out of industry-leading integrated fuel cell production Gigafactory in Rockwall, Texas
Rhea-AI Summary
Ballard Power Systems (BLDP) secures US$40 million in grants from the U.S. Department of Energy for the construction of a fuel cell production Gigafactory in Rockwall, Texas. The facility, named Ballard Rockwall Giga 1, will have an annual production capacity of 8 million membrane electrode assemblies (MEAs), 8 million bipolar plates, 20,000 fuel cell stacks, and up to 20,000 fuel cell engines per year. The grants are part of the Clean Hydrogen Electrolysis, Manufacturing, and Recycling Program under the Bipartisan Infrastructure Law, aiming to boost hydrogen and fuel cell scaling in the U.S. Ballard plans to invest approximately US$160 million in the facility from 2024 through 2027, with potential for future expansion phases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
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none
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News
Ballard Reports Q4 2023 Results
Rhea-AI Summary
Ballard Power Systems (NASDAQ: BLDP) announced strong Q4 2023 financial results with revenue of $46.8 million, up 132% year-over-year. The company reported improvements in gross margins and Order Backlog, showcasing growth in various verticals and regions. Cash management remained a priority, ending the year with $751 million in cash and cash equivalents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.37%
Tags
earnings
News
Ballard announces 15 MW order for stationary power market
Rhea-AI Summary
Ballard Power Systems (BLDP) secures a 15 MW order for fuel cell systems from a UK-based company, marking significant growth in their supply relationship. The order includes 150 x FCmove®-HD+ 100 kW systems with an option for the customer to purchase an additional 296 systems by March 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
none
-
News
Ballard Announces Q4 and Full Year 2023 Results Conference Call
Rhea-AI Summary
Ballard Power Systems (BLDP) to review fourth quarter and full year 2023 operating results in a conference call on March 11th, 2024. Investors can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
Ballard announces new Long-Term Supply Agreement with NFI and purchase order for 100 fuel cell engines for bus deployments in North America
Rhea-AI Summary
Ballard Power Systems (BLDP) signs Long-Term Supply Agreement with NFI Group Inc. (NFI) for fuel cell powered buses, marking a new phase in their partnership. NFI has placed its first purchase order for a minimum of 100 FCmove®-HD+ modules for delivery in 2024, primarily produced in Ballard's Bend, Oregon facility with Buy America compliance. The modules will power New Flyer's next generation Xcelsior CHARGE FC™ hydrogen fuel cell buses for deployment across the US and Canada, including California, Manitoba, Nevada, New York, Ohio, and Pennsylvania.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
Tags
none
News
Ballard announces succession of two Weichai nominees to Board of Directors
Rhea-AI Summary
Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) appoints Mr. CHEN Wenmiao and Mr. WANG Yingbo to the Board of Directors as Weichai's nominees, following the planned retirements of Mr. Kevin Jiang and Mr. Sherman Sun. Both appointees bring valuable experience in power engineering and new energy technologies in the China market, contributing to Ballard's growth strategy and competitive positioning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
management
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Ballard Power Systems Inc.

Nasdaq:BLDP

BLDP Rankings

#2616 Ranked by Market Cap
#4490 Ranked by Stock Gains
N/A Ranked by Dividends

BLDP Stock Data

819.85M
252.35M
15.56%
32%
7.69%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
Canada
Burnaby

About BLDP

ballard has established a sustainable leadership position in pem (proton exchange membrane) fuel cell technology and products, currently providing solutions for backup power, distributed generation, material handling, and bus applications. for more information go to www.ballard.com