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 [Yahoo! Finance]
Ballard Power Systems, Inc. - Common Shares (BLDP)
Last ballard power systems, inc. - common shares earnings: 3/4 08:30 pm
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Source: Yahoo! Finance
Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C), funded by the Inflation Reduction Act (IRA). The 48C program, which provides 30% investment tax credits for selected clean energy manufacturing projects, is designed to support secure and resilient domestic clean energy supply chains. Ballard plans to use the $54 million in tax credits to support the build-out of a new fuel cell Gigafactory in Rockwall, Texas "Ballard sits at the convergence of the megatrends of decarbonization, energy security, and technology change, with highly disruptive and proven zero-emission fuel cell products," said Randy MacEwen , Ballard's President & Chief Executive Officer. "We are encouraged with the increasingly constructive policy landscape, including the recent unveiling of the U.S. National Blueprint for Transportation Decarbonization and the National Zero-Emission Freight Corridor Strategy. At the same time, we are seeing growing customer interest across ou
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BLDP
News
- Ballard Power Systems Inc. (NASDAQ: BLDP) had its price target lowered by analysts at Wells Fargo & Company from $3.50 to $3.00. They now have an "underweight" rating on the stock.MarketBeat
- Ballard Power Systems Inc. (NASDAQ: BLDP) had its price target lowered by analysts at HSBC Holdings plc from $4.10 to $3.80. They now have a "buy" rating on the stock.MarketBeat
- Ballard Power Systems Inc. (NASDAQ: BLDP) had its price target raised by analysts at TD Securities from $2.50 to $2.75. They now have a "hold" rating on the stock.MarketBeat
- Ballard Power Systems Inc. (NASDAQ: BLDP) had its price target lowered by analysts at National Bankshares, Inc. from $4.50 to $4.00. They now have a "sector perform" rating on the stock.MarketBeat
- Ballard Power Systems Inc. (NASDAQ: BLDP) had its price target lowered by analysts at Jefferies Financial Group Inc. from $3.50 to $3.25. They now have a "hold" rating on the stock.MarketBeat
BLDP
Earnings
- 5/7/24 - Miss
BLDP
Sec Filings
- 5/7/24 - Form 6-K
- 5/7/24 - Form 6-K
- 4/25/24 - Form ARS
- BLDP's page on the SEC website