Your email has been successfully added to our mailing list.

×
0 0 0.0106060064993037 0.00346391458058067 -0.00546370031782304 -0.0143913152162268 -0.0143913152162268 -0.00903474627718462
Stock impact report

Ballard Power wins $40M in DoE grants for Texas fuel cell production plant [Seeking Alpha]

Ballard Power Systems, Inc. - Common Shares (BLDP) 
Last ballard power systems, inc. - common shares earnings: 3/4 08:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ballard.com/investors/presentations-events
Company Research Source: Seeking Alpha
Department of Energy under the Clean Hydrogen Electrolysis, Manufacturing, and Recycling Program. Ballard Power ( BLDP ) said the grants will support the construction and build-out of an integrated fuel cell production Gigafactory based in Rockwall, Texas. In Phase 1, Ballard Power ( BLDP ) plans to spend ~$160M, net of the $40M in anticipated DoE grants, through the end of 2027 to build and commission a new manufacturing facility with annual production capacity of 8M membrane electrode assemblies, 8M bipolar plates, 20K fuel cell stacks, and up to 20K fuel cell engines, or the equivalent of 3 GW of fuel cells. The company said it expects to make a final investment decision on the project later in 2024, pending necessary approvals and negotiation of final awards with the DoE. Ballard Power ( BLDP ) stock recently sank to five-year lows after the company reported a wider Q4 loss and said its order backlog took a hit after losing a major order from a customer. Recommended For Show less Read more
Impact Snapshot
Event Time:
BLDP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BLDP alerts
Opt-in for
BLDP alerts

from News Quantified
Opt-in for
BLDP alerts

from News Quantified