Seeking Alpha

Ballard Power Systems awarded FTA funding to deploy two next-generation fuel cell buses

  • Ballard Power (BLDP) and its consortium partners have received approximately $6.7M in funding from the U.S. Federal Transit Administration under the National Fuel Cell Bus Program to deploy two next-generation fuel cell buses, as well as for the extended operation of two existing Ballard-powered buses.
  • BLDP will deliver its next-generation fuel cell power module - the FCvelocity-HD7 - to BAE Systems (BAESY.PK) for incorporation into its HybriDrive propulsion systeml.
  • Two FCvelocity-HD7 power modules will be assembled in America and are expected to be delivered in 2014 in support of deployments with the Greater Cleveland Regional Transit Authority in Ohio and with Tompkins Consolidated Transit Authority in Ithaca, New York.
  • The same bus platform is currently in operation with SunLine Transit Agency in Thousand Palms, California.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs