Ballard Power gains on fuel-cell order from CrossWind in Netherlands

Ballard Power Systems

23/01/2023 17:10

** Canada-based Ballard Power Systems Inc's shares  BLDP.TO 
up 5.7% at C$8.14
    ** BLDP receives order to supply fuel-cell system for 1 MW
stationary power project at Hollandse Kust Noord offshore wind
project in the Netherlands  urn:newsml:reuters.com:*:nPn5SPQFza
    ** The wind farm, with capacity of 759 MW, is being
developed by CrossWind, a joint venture between Shell  SHEL.L 
and Eneco  ENEC.SI 
    ** Hydrogen fuel cells will utilize the green hydrogen as
fuel to regenerate stable and dispatchable power - BLDP
    ** Delivery is expected in 2024
    ** BLDP stock fell 62% last year
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))