Ballard Power Systems Inc (BLDP) 옵션

Hydrogen is too Expensive !


https://www.hydrogeninsight.com/industrial/exclusive-thyssenkrupp-has-put-hydrogen-tender-for-3bn-green-steel-plant-on-hold-due-to-significantly-higher-prices-than-expected/2-1-1795894

$BLDP a multi-year supply agreement from Manufacturing Commercial Vehicles ('MCV', www.mcv-eg.com), a leading commercial vehicle manufacturer based in Egypt, for fuel cell engines totaling approximately 5 MW.

The supply agreement for 50 FCmove®-HD+ engines, and initial order of 35 units, represents the continued growth of the relationship with MCV which started in 2022 with fuel cell engine integration support and the first fuel cell engine order placed in 2023. Deliveries of the 50 engines are expected between 2025 and 2026 and will initially support projects in the EU.

"We are delighted with this order and the continued engagement with MCV," said Oben Uluc, Vice President, Europe Sales & Marketing at Ballard. "In 2024 we took in 1,600 bus engines orders across 7 OEMs, and this agreement continues the momentum into 2025. As the fuel cell bus market continues to mature, we look forward to the use of Ballard fuel cell engines to decarbonize public transit across the globe."

Today, Ballard powers more than 1,800 fuel cell buses worldwide, which have collectively logged over 200 million miles of operational service. Ballard's fuel cell engines have demonstrated a 99% availability rate and zero reported safety incidents and offer an alternative to diesel engines without compromising on routes, capacity, availability, or refueling times. https://www.prnewswire.com/news-releases/ballard-announces-fuel-cell-engine-order-totaling-approximately-5-mw-for-bus-market-302391020.html

$BLDP Top Institutional Holders https://finance.yahoo.com/quote/BLDP/holders/

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. $BLDP

Yet Another Hydrogen Mega-Project Cancelled due to Poor Hydrogen Economics :


https://www.bridgemi.com/business-watch/plans-stall-400m-green-hydrogen-gigafactory-suburban-detroit?ampt

HYDROGEN MYTHS:


https://cleantechnica.com/2025/03/13/why-do-transit-agencies-keep-falling-for-the-hydrogen-bus-myth/amp/

$BLDP Total Cash (mrq) $637.22M

Ballard Reports Q4 2024 Results

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/95623661/ballard-reports-q4-2024-results

As expected

DOS - You are welcome (great handle btw).

It looks like all of the hype and air is exiting the hydrogen balloon. And rightly so.


My firm recently did a "State of the Industry" Client Study on Hydrogen, Here are some of our findings :

- Legacy Hydrogen ; Grey Hydrogen for the petrochemical sector, is the only commercially viable use of hydrogen at scale

- No on-road use of hydrogen has been financially sustainable (cars, trucks, busses, stations)

- No off-road use of hydrogen has been financially sustainable (marine, GSE's, aircraft )

- Hydrogen for Power Generation (Primary, Secondary, Back-Up) is not financially sustainable

- All Four Legacy hydrogen producers have scaled back or cancelled major capital projects involving hydrogen

- Of the 100+ Major Capital Projects involving hydrogen that have been announced to the public, LESS than 10 will be built , with no guarantee of success.

- There are hundreds of new concepts and technologies involving Hydrogen, but NONE are commercially viable at this time

- There are hundreds of new concepts and technologies involving hydrogen which work, but NONE are economic or commercially sustainable

Thanks Jack.

Your continuing input and associated links are respected.

I’ve banked very well over the years all the way up to >$45 plus.

At this time BLDP (TO) is just another slot machine pull for me.

🥂

DEBUNKING More Hydrogen Myths :


https://cleantechnica.com/2025/03/06/companion-to-cranky-stepdad-vs-hydrogen-for-energy/amp/

DEBUNKING Hydrogen Myths :

https://cleantechnica.com/2025/03/11/debunking-the-myth-electrolyzing-hydrogen-for-energy-is-wasteful-higher-emissions/amp/

https://cleantechnica.com/2025/03/11/debunking-the-myth-electrolyzing-hydrogen-for-energy-is-wasteful-higher-emissions/amp/

Time to Buy Canadian Dollars Says Soc Gen
https://www.poundsterlinglive.com/cad/21613-time-to-buy-canadian-dollars-says-soc-gen $BLDP

https://cleantechnica.com/2025/03/10/debunking-the-myth-hydrogen-is-not-a-practical-or-cost-effective-fuel/

https://cleantechnica.com/2025/03/07/hydrogen-buses-keep-failing-de-lijn-is-just-the-latest-to-cut-losses/amp/

Really Bad News !


https://www.hydrogeninsight.com/transport/-not-interesting-financially-state-owned-operator-ends-the-use-of-hydrogen-buses-report/2-1-1789314?zephr_sso_ott=FNRWjk

Banger - Yes. This was a comprehensive study.

It is also a confidential client study, so my findings and posts can't go into great detail here.

As to WHEN some hydrogen applications become viable, how high is up ?

There are so many internal and external factors which will determine "when" , that no one really knows for sure.

In an earlier post I did provide the metrics so that anyone here can make their own calculations for Grey/Green Hydrogen Breakeven and ROI's.

The biggest limiting factor for Hydrogen applications are the Laws of Physics and Thermodynamics.

It will always takes more energy to manufacture Hydrogen than the yields produce. Finding raw hydrogen underground, circumvents the manufacturing process, but we have yet to see any meaningful raw hydrogen production.

Jack
did your study look forward to suggest when some of these use case / technologies may become viable? And what has to happen - eg production costs reduced by 50%, storage costs reduced by 70%

Who wants an expensive vehicle that uses an expensive fuel and produces Harmful, Toxic Emissions ?

Another Hydrogen Failure.

Hydrogen has a place :

My firm recently did a "State of the Industry" Client Study on Hydrogen, Here are some of our findings :

- Legacy Hydrogen ; Grey Hydrogen for the petrochemical sector, is the only commercially viable use of hydrogen at scale

- No on-road use of hydrogen has been financially sustainable (cars, trucks, busses, stations)

- No off-road use of hydrogen has been financially sustainable (marine, GSE's, aircraft )

- Hydrogen for Power Generation (Primary, Secondary, Back-Up) is not financially sustainable

- All Four Legacy hydrogen producers have scaled back or cancelled major capital projects involving hydrogen

- Of the 100+ Major Capital Projects involving hydrogen that have been announced to the public, LESS than 10 will be built , with no guarantee of success.

- There are hundreds of new concepts and technologies involving Hydrogen, but NONE are commercially viable at this time

- There are hundreds of new concepts and technologies involving hydrogen which work, but NONE are economic or commercially sustainable

Hydrogen Bus Fail - Poznan, Poland.

Still holding and waiting.

Even added near open.

Even though at this time there is no BLDP connection, take look at Toyota’s new game changing hydrogen based engine.



It speaks to the possibilities.



GLTA

I wish I could argue your perspective.

I held thinking maybe the Hydrogen industry would recover after being shorted to doll rags.

I failed to see the shorters were on a mission to destroy the hydrogen industry.

Grim.

The PPS decimation continues🙈

When or where or if it ever stops nobody knows🤔

My recent reentry timing on this one is continuing to kick me in my account😱🤢

https://investorshub.advfn.com/uimage/uploads/2015/11/20/rhvvmBalls.gif

NEW ALL TIME LOWS !

Congratulations Longs !

$BLDP has Total Cash (mrq) $637.22M

$BLDP Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe.

Zero-emission power systems at scale, from trucks and buses to trains, ships and stationary power systems. https://ballard.com $BLDP

BB - YOUR ARTICLE IS FROM 2022 !

And it has NOT AGED very well.

You got anything more current ?

Hydrogen Fuel Gives Rise to an $11 Trillion Revolution
https://www.nasdaq.com/articles/hydrogen-fuel-gives-rise-to-an-$11-trillion-revolution $BLDP

Ballard Power Systems Inc.'s (TSE:BLDP) top owners are retail investors with 56% stake, while 28% is held by institutions $BLDP

My firm recently did a "State of the Industry" Client Study on Hydrogen, Here are some of our findings :

- Legacy Hydrogen ; Grey Hydrogen for the petrochemical sector, is the only commercially viable use of hydrogen at scale

- No on-road use of hydrogen has been financially sustainable (cars, trucks, busses, stations)

- No off-road use of hydrogen has been financially sustainable (marine, aircraft )

- Hydrogen for Power Generation (Primary, Secondary, Back-Up) is not financially sustainable

- All Four Legacy hydrogen producers have scaled back or cancelled major capital projects involving hydrogen

- Of the 100+ Major Capital Projects involving hydrogen that have been announced to the public, LESS than 10 will be built , with no guarantee of success.

- There are hundreds of new concepts and technologies involving Hydrogen, but NONE are commercially viable at this time

- There are hundreds of new concepts and technologies involving hydrogen which work, but NONE are economic or commercially sustainable

My firm recently did a "State of the Industry" Client Study on Hydrogen, Here are some of our findings :

- Legacy Hydrogen ; Grey Hydrogen for the petrochemical sector, is the only commercially viable use of hydrogen at scale

- No on-road use of hydrogen has been financially sustainable (cars, trucks, busses, stations)

- No off-road use of hydrogen has been financially sustainable (marine, aircraft )

- All Four Legacy hydrogen producers have scaled back or cancelled major capital projects involving hydrogen

- Of the 100+ Major Capital Projects involving hydrogen that have been announced to the public, LESS than 10 will be built , with no guarantee of success.

- There are hundreds of new concepts and technologies involving Hydrogen, but NONE are commercially viable at this time

- There are hundreds of new concepts and technologies involving hydrogen which work, but NONE are economic or commercially sustainable

REALLY BAD NEWS :

https://cleantechnica.com/2025/02/05/canadas-hydrogen-bus-trials-canceled-due-to-high-costs-emissions/amp/

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/95384227/ballard-announces-q4-and-full-year-2024-results-co

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/95384227/ballard-announces-q4-and-full-year-2024-results-co

$BLDP Short Interest 15,995,363 shares Short Interest Ratio 1.67 Days to Cover

Ballard Power Systems Inc. $BLDP Total Cash (mrq) $637.22M

A BAD DAY for Canadian Stocks !

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175721836 $PLUG $BLDP

Interesting.

BLDP

Thanks for the link.

BLDP

Yes, Ballard Power Systems uses artificial intelligence (AI) and high-performance computing (HPC) to improve the sustainability of their products and services. #AI $BLDP

These 3 Canadian Stocks Could Triple in 5 Years https://ca.finance.yahoo.com/news/3-canadian-stocks-could-triple-021500201.html $BLDP

Back in long on the Canadian side of BLDP (BLDP.TO)

GLTA

🔋 Power Talks | Randy MacEwen, CEO at Ballard, and Patricia Chong, Clean Technology Program Director at Ballard, share exciting insights on Ballard's latest FCmove®-XD high-performance #Hydrogen #FuelCell module built for heavy-duty trucks. https://fb.watch/ximrKm2aQo/ $BLDP

More Bad News For BALLARD !

https://www.autoweek.com/news/a63445672/amazon-mercedes-benz-eactros-600-electric-semi/?source=nl&utm_source=nl_aut&utm_medium=email&date=011725&utm_campaign=nlm38241524&oo=&GID=8d9851e5841c4a32190c7121fcd246cc3028096c3eacd969882f09405d48ab5a&user_email=8d9851e5841c4a32190c7121fcd246cc3028096c3eacd969882f09405d48ab5a&utm_term=AUT_Autoweek_StateOfCharge_DailyDrive_Newsletter_Sending

EXCLUSIVE | 'Trump has reason to pursue clean hydrogen beyond fighting climate change': Plug Power CEO https://www.hydrogeninsight.com/policy/exclusive-trump-has-reason-to-pursue-clean-hydrogen-beyond-fighting-climate-change-plug-power-ceo/2-1-1762380 Green Hydrogen and President Donald Trump $BLDP

Green Hydrogen Could Power Your Life Sooner Than You Realize — These Companies Are Making It Happen $BLDP