China’s hazardous levels of air pollution have officials in various cities calling for temporary closures in highways, flights and industrial plants. Meanwhile, Ballard Power Systems (NASDAQ: BLDP) is working with Guangdong Nation Synergy Hydrogen Power Technology Co. Ltd to establish fuel cell stack production in the City of Yunfu in the Guangdong Province. Under an agreement reached in October 2016, Ballard will receive $170 million over five years for a working deal that includes the creation of a joint venture who will manufacture and sell FCvelocity®-9SSL stacks to be used primarily in locally-assembled fuel cell engines to provide propulsion power for zero-emission buses and commercial vehicles in China.
To learn more, visit www.Ballard.com
About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. Ballard uses its extensive fuel cell and systems know-how to profitably deliver innovative clean energy solutions to its customers, create rewarding opportunities for its team, and provide extraordinary value to its shareholders.
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