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Ballard: China Outlook Strikes Optimistic Chord

Ballard: China Outlook Strikes Optimistic Chord

fuel-cell-bus-London-web

H2 bus at London Tower Bridge

The conference call of Canadian-based Ballard Power Systems about the latest figures from the last quarter of 2015 – and consequentially, for all of last year – revealed some very intriguing news, comments and plans for the future. I will refrain from discussing the figures (or losses posted) and interpreting them (how the individual business fields developed). Instead, I will focus on the excellent outlook (more…)

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Ballard: Year of the “Right” and “Sustainable” Growth

Ballard: Year of the “Right” and “Sustainable” Growth

FCvelocity_HD-web

FCvelocity-HD7 module, © Ballard

Ballard Power is placing a bigger focus on China, evidenced by the various agreements with Chinese companies from the field of bus manufacturing and the development of hydrogen-driven rail vehicles. According to company information, the Canadian fuel-cell manufacturer paid special attention to only collaborate with known, reputable partners, whether big or small, which enjoy their own location advantages. (more…)

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Ballard: Big vision for China

Ballard: Big vision for China

P200i-Protonex

P200i back-up system, © Protonex

Second quarter figures certainly fell short of expectations. All segments reported decreasing revenues. Still: The second half of 2015 should bring forth many positive developments in several areas, according to Ballard’s CEO, Randall MacEwen. FuelCell Energy would be “extremely busy.” This means: I assume that the takeover of Protonex will soon become reality, as over 50% of preliminary votes by Protonex’s shareholders were in favor of the deal. (more…)

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Alstom and Ballard approach the railroads

Alstom and Ballard approach the railroads

FCvelocity-Ballard

FCvelocity® (Source: Ballard)

Until recently, fuel cells have been of little importance in rail transport. This spring, however, the company CSR Qingdao Sifang Co., Ltd., which is based in eastern China, presented a tram which is driven with hydrogen. The new H2 tram, which features a fuel cell system from Ballard, left the production line in the port city of Qingdao (more…)

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Hydrogenics electrolyzer achieves technological milestone

Hydrogenics electrolyzer achieves technological milestone

hydrogenics-container

Electrolyzer container (Source: Hydrogenics)

Hydrogenics (HYGS, US$9.50) already has that which Ballard is planning with Chinese firm CSR in the bag: the company is providing Alstom with FC technology for use in trains. Order value: minimum of US$50m. over a time frame of ten years.

In early May 2015, the company was also able to report a technological breakthrough with the presentation of the most powerful (more…)

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