Ballard Power Systems Inc (BLDP)

[Diogenes of Sinope]

The recovery from the recent $1 US bottom is impressive.

While I didn’t load at that bottom, I did add to my BLDP Canadian side holdings near the low.

Still long but will continue to trade and accumulate as I see fit.

GLTA!

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/96188471/ballard-announces-1-5-mw-fuel-cell-engine-order-fo

[Jack_Bolander]

MORE BAD NEWS :


https://cleantechnica.com/2025/05/29/halifaxs-misguided-hydrogen-bus-effort-the-data-tells-the-story/amp/

[Jack_Bolander]

According to Fintel, SPDR Kensho Clean Power ETF (CNRG) and other Clean energy ETF's sold 15 million shares of Ballard.

[Jack_Bolander]

BB - $2.00's by 2030.

[BottomBounce]

$BLDP easy money to $2's

[Jack_Bolander]

Here's a FUN READ :

https://inews.co.uk/news/millions-spent-hydrogen-buses-left-stuck-depots-lack-fuel-3694074

[BottomBounce]

As of May 13, 2025, the United States imposes the following tariffs on Canadian goods:
25% tariff on most Canadian imports, including steel, aluminum, automobiles, and certain auto parts (e.g., engines, transmissions, powertrain parts, and electrical components). These tariffs were implemented starting March 4, 2025, with automobile tariffs effective from April 3, 2025, and specific auto parts tariffs effective from May 3, 2025.

10% tariff on Canadian energy exports, such as crude oil, natural gas, and other energy resources, also effective from March 4, 2025.

Goods compliant with the United States-Mexico-Canada Agreement (USMCA) are exempt from these tariffs, covering approximately 38% of Canadian imports to the U.S. For USMCA-compliant automobiles, only the non-U.S. content is subject to the 25% tariff.

On April 2, 2025, the U.S. introduced a 10% baseline tariff on all imports from countries that have not retaliated against U.S. tariffs, but Canada is excluded from this due to its retaliatory tariffs.

$BLDP

[uksausage]

BLDP has never generated any hydrogen. they are a customer of LIN.

BLDP focus on mobile heavy duty PEM fuel cells for buses, trains, ships and trucks
they have no electrolyzer technology

[BottomBounce]

$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 power, 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 services; and provision of engineering services, product and systems integration services, and related technology transfer for various PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Korea, Spain, Norway, Australia, Japan, and internationally.

[BottomBounce]

**** REMEMBER THIS Linde plc $LIN is a HYDROGEN Producer like $BLDP is too. $LIN is a $450 Stock and is like the Tesla of Hydrogen in the Hydrogen market space. $BLDP could one time be a $LIN

[BottomBounce]

Trump puts clean hydrogen hopefuls back on defense after tax credit debate https://spglobal.com/commodity-insights/en/news-research/latest-news/electric-power/013125-trump-puts-clean-hydrogen-hopefuls-back-on-defense-after-tax-credit-debate $BLDP

[Jack_Bolander]

HYDROGEN VEHICLES FAIL . !

https://cleantechnica.com/2025/04/14/hydrogen-vs-battery-buses-a-european-transit-reality-check/amp/

[BottomBounce]

Green Hydrogen Market to Reach $19.2 Billion by 2032, Growing at a CAGR of 45.6% from 2025--Exclusive Report by Meticulous Research®
https://www.prnewswire.com/news-releases/green-hydrogen-market-to-reach-19-2-billion-by-2032--growing-at-a-cagr-of-45-6-from-2025exclusive-report-by-meticulous-research-302426526.html $BLDP

[BottomBounce]

A White House advisor asserts that a trade agreement is nearing completion with ten nations. $BLDP

[BottomBounce]

Research from Global Market Insights suggests that the global hydrogen industry was valued at $204.5 billion in 2024 and will grow to $603.3 billion in 2034. $BLDP

[BottomBounce]

Is Ballard Power Systems Inc. (BLDP) the Best Hydrogen Stock to Buy According to Billionaires?
https://finance.yahoo.com/news/ballard-power-systems-inc-bldp-140737490.html $BLDP

[Jack_Bolander]

It's OVER !

This is it. If you are long, you may never see $2.00 before Ballard is gone for good.

Ballard may fill an existing order, but no one is going to risk millions on new order with a Lame Duck.

All that is left to do is the paperwork and Ballard is No More.

[BottomBounce]

Research from Global Market Insights suggests that the global hydrogen industry was valued at $204.5 billion in 2024 and will grow to $603.3 billion in 2034. $BLDP

[BottomBounce]

Ballard Announces Q1 2025 Results Conference Call
https://finance.yahoo.com/news/ballard-announces-q1-2025-results-113000603.html $BLDP

[BottomBounce]

Ballard Power Systems Inc. $BLDP Total Cash (mrq) $606.05M 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.

[Jack_Bolander]

Norway did the Math. And Not buying the Hype.


https://cleantechnica.com/2025/03/29/norways-new-industrial-policy-pivots-away-from-hydrogen-for-energy/amp/

[BottomBounce]

Hydrogen Vehicles $BLDP https://www.ballard.com/

[Jack_Bolander]

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

[BottomBounce]

$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

[BottomBounce]

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

[BottomBounce]

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

[Jack_Bolander]

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

[Jack_Bolander]

HYDROGEN MYTHS:


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

[BottomBounce]

$BLDP Total Cash (mrq) $637.22M

[Diogenes of Sinope]

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

[Jack_Bolander]

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

[Diogenes of Sinope]

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.

🥂

[Jack_Bolander]

DEBUNKING More Hydrogen Myths :


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

[Jack_Bolander]

DEBUNKING Hydrogen Myths :

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

[Jack_Bolander]

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

[BottomBounce]

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

[Jack_Bolander]

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

[Jack_Bolander]

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

[Jack_Bolander]

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

[Jack_Bolander]

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.

[uksausage]

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%

[Jack_Bolander]

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

Another Hydrogen Failure.

[Jack_Bolander]

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

[Jack_Bolander]

Hydrogen Bus Fail - Poznan, Poland.

[Diogenes of Sinope]

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

[bagwa-john]

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.

[Diogenes of Sinope]

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

[Jack_Bolander]

NEW ALL TIME LOWS !

Congratulations Longs !

[BottomBounce]

$BLDP has Total Cash (mrq) $637.22M