Ballard Power rises on fuel cell engines deal with Stadler Rail

Ballard Power Systems

26/09/2022 16:26

** Shares of Ballard Power Systems  BLDP.TO  rise 3.4% to
C$9.03
    ** Ballard announces order from Swiss co Stadler Rail AG
 SRAIL.S  to supply fuel cell engines to power first hydrogen
train in United States  urn:newsml:reuters.com:*:nPn11yC35a
    ** Order received for supply of six 100 Kilowatt (kW) fuel
cell engines
    ** The train is expected to be in service in San Bernardino,
California in 2024
    ** Financial terms were not disclosed
    ** BLDP down 43% so far this year
 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))