Ballard Power Systems Inc (BLDP)

[harry crumb]

This is going to go up

[uksausage]

good to see their stationary solution getting orders. Shame they cant name the European customer, anyone know?

I was surprised we haven't seen any PRs about the Bus solution - I have seen end users ordering in Europe and Assume Ballard is still included ...
all will be revealed in he quarterly report I hope

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/90943680/ballard-power-systems-announces-order-for-3-6-mw-o

[harry crumb]

New 52 week low, wow. Loaded here

[BottomBounce]

Hydrogen Energy $BLDP and $IDEX oversold

[jammy32]

The hydrogen revolution accelerates
17 MAR 2023


Hydrogen has both flexibility and a high specific energy per unit mass – two attributes that make it uniquely capable at removing emissions from the harder-to-decarbonize parts of the global economy.

According to Goldman Sachs Research:

Hydrogen can be used as an energy fuel, energy vector and feedstock.
Hydrogen can be used to store energy over the long term, propel heavy vehicles, and heat furnaces for the manufacture of steel among other heavy industrial uses.
Hydrogen can get us closer to net zero.

“Green” hydrogen, which is produced by using renewable energy sources to electrolyze water and split it into hydrogen and oxygen, is one of the most promising alternatives to “gray” hydrogen, which relies on natural gas supplies – and produces carbon dioxide that then needs to be released or stored. According to a new report from Goldman Sachs Research, government incentives are powering major strides in green hydrogen investments, particularly in the United States.

The size of clean hydrogen projects is measured by the gigawatts (GW) used to power the electrolysis used in production. By this measure, the market is still in its infancy: At the end of 2020, only about 0.3 GW of capacity was installed.

However, based on projects that have been announced, GS Research estimates as much as 137 GW will be installed by the end of 2030, about 1.7 times more than last year’s estimate of 80 GW. Given the long lead times in creating clean hydrogen production facilities, GS expects even more projects will be announced in the next few years. “Many of the projects for the second half of this decade still have not yet been announced, and are therefore not captured here, implying further upside,” writes Goldman Sachs equity research analyst Michele Della Vigna.

The clean hydrogen industry is scaling up not just in the number of projects planned, but also in the average size of them. The research team estimates that the average project will increase more than 600 times from the current dimensions.

The effects of U.S. policy changes

The U.S. has historically lagged the rest of the world in clean hydrogen development, but the incentives in the Inflation Reduction Act have spurred a development boom in the U.S., with planned installed capacity jumping to 12 GW from 2 GW by 2030. The increase will help the U.S. narrow the gap with the rest of the world, but likely not close it since projects in Europe, Australia and other parts of Asia are also accelerating. The report estimates that Europe will drive the growth of installed capacity, adding 50 GW of cumulative capacity by 2030, followed by Australia with 34 GW, Africa with 25 GW, and Latin America with 17 GW.

“We expect this [U.S. growth] trend to continue further with the introduction of IRA being a game-changer for the production of hydrogen and bringing significant benefits for companies with current or planned hydrogen projects in the U.S.,” Della Vigna writes. According to the report, the law offers several key incentives:

Production tax credits. These 10-year credits apply to developers who produce clean hydrogen beginning this year or begin construction of new facilities before January 1, 2033.
Investment tax credits for energy storage. The IRA expands the scope of existing credits for energy storage to include hydrogen.
Clean vehicle credits. The credits extend to vehicles that use hydrogen fuel cells as well as electric batteries, and offer significant credits for commercial vehicles, for which hydrogen is particularly well suited.
Alternative fuel credits. The IRA provides property tax credits for expanding alternative fueling stations, which will encourage more hydrogen transportation infrastructure.
By the team’s estimation, a $3 tax credit for every two kilograms of hydrogen produced would lower the cost of clean hydrogen to that of hydrogen currently produced with fossil fuels. “This effectively fully bridges the cost gap between grey hydrogen and green hydrogen from renewable power,” according to the report.

[Jack_Bolander]

LOL ... I see that Ballard is under $5.00. Someone might not be happy with this development.

Don''t blame me ... Blame management.

[Jack_Bolander]

jammy - Thank you for your contribution to this board.

[jammy32]

So do you think Ballard and PLUG are all going bankrupt. Is that the end game that you predict? Thanks

[jammy32]

Good call

[uksausage]

even more interesting is that the only segment of Ballards business that was up was their small amount they still sell to PLUG (replacing aging units in Walmart I believe). Wonder when that will terminate.

[jammy32]

I think the srock is down because the entire market is down. Read the comments. Very positive

[jammy32]

Thanks I view as positive. Thanks again

[Jack_Bolander]

jammy - Interesting. But BALLARD is DOWN 6+%. PLUG is DOWN 3+%.

I think some investors see Ballard's comment and earnings as a positive.

[jammy32]

I view this as very, very positive. Thanks though

Bolstered by strong order intake in Q4 in Europe and North America, we ended 2022 with an Order Backlog of $133.4 million, with Power Products up more than double from the end of 2021 and up almost 60% from the end of Q3."


With an increasingly constructive policy landscape for hydrogen globally, we are excited by the growing end customer interest to decarbonize mobility and stationary power applications with fuel cells," said Randy MacEwen, President and CEO. "2022 proved to be an important year for Ballard as we achieved key customer platform wins across our verticals of bus, truck, rail and marine, along with early traction in select stationary power applications. This dynamic is supporting our planned transition of Ballard's business model to a heavier focus on growing sales of Power Products and reduced relative contribution of Technology Solutions. Bolstered by strong order intake in Q4 in Europe and North America, we ended 2022 with an Order Backlog of $133.4 million, with Power Products up more than double from the end of 2021 and up almost 60% from the end of Q3."

[Jack_Bolander]

Mixed Results. No clear direction, so the tend will continue.... DOWN.

[harry crumb]

Strong hold an accumulate here

[harry crumb]

Nice pop from 6 area $$$$

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/90077860/ballard-announces-q4-and-full-year-2022-results-co

[harry crumb]

6$ looking good to add

[uksausage]

nice to see an order for stationary fuel cell and this is a big one (compared to their other one in Europe with Fusion Fuel).
I assume the lead time is at the buyers request not Ballards. I wonder if any of it can be booked this year

[Diogenes of Sinope]

Ballard announces order from CrossWind to supply fuel cell system for 1 MW stationary power project

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/90036575/ballard-announces-order-from-crosswind-to-supply-f

[harry crumb]

This company is in a prime spot moving forward, 20’s wouldn’t be a surprise in distant future

[uksausage]

Looks like the market didn't like this news regarding developing a new mining trick in India with Adani and Leyland:
https://ih.advfn.com/p.php?pid=nmona&article=89994810

I suspect some numbers would be nice - like what the annual market for these trucks is in India - not many analysts will know that - and when they expect to deliver.

Odd that it isn't via a JV - may be that will happen if the idea proves to be popular.

Ballard desperately needs a steady volume market for these heavy mobile applications.

[uksausage]

Is this the first perpetual motion system:
https://www.ballard.com/about-ballard/newsroom/news-releases/2022/12/08/amogy-and-ballard-sign-contract-to-integrate-maritime-fuel-cell-engines-in-zero-emission-ammonia-to-power-platform

So Ballard Fuel cell will turn hydrogen to electricity to go to Amogy cracking unit to turn Ammonia into hydrogen that can then be sent to the Ballard fuel cell.

I assume the net result is more hydrogen than you started with so some can actually power the boat?

[uksausage]

Indeed we will , not sure of where Ballard is with truck companies - buses trains and ships have been their main activity the last 2 years.

[uksausage]

in deed we will - orders like this next year for Nikola I suspect.
but nothing to do with FCEL

[srm4u]

HDrive Enters Five-Year Supply Agreement of Up to 12,000 Hydrogen Fuel Cell Trucks (11-17-2022)
It is only a matter of time before we see something in North America and the rest of the world too.

https://fuelcellsworks.com/news/hdrive-enters-five-year-supply-agreement-for-thousands-of-hydrogen-vehicles-2/
https://www.compositesworld.com/news/ballard-power-and-wisdom-motor-co-partner-to-accelerate-adoption-of-fuel-cell-commercial-vehicles-#:~:text=Fuel%20cells%20company%20Ballard%20Power%20Systems%20%28Vancouver%2C%20Canada%29,fuel%20cell%20electric%20vehicles%20%28FCEV%29%20in%20Hong%20Kong.

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/89582781/ballard-announces-order-from-solaris-for-25-hydrog

[Jack_Bolander]

BAD NEWS !
Tax Loss Selling is about to begin. Ballard will be a prime candidate for Longs to Dump their share before year end. I'm expecting new LOWS.

[uksausage]

China manufacturing strategy announced

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/89189064/ballard-announces-global-manufacturing-strategy-i

Surprised this hasn't had more traction today.

[uksausage]

Good news (at last) from Ballard

India train order first of many I hope:
https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/88995322/ballard-to-power-indias-first-hydrogen-trains

Turning these initial orders into long standing supply agreements is critical - Wright bus in the UK seems to be the only one really active at the moment

cannot wait for more business updates, can't help thinking someone may snap them up, someone in the GE, Alstom market. targeting large mobile units - the shipping business is of particular interest I would think

[uksausage]

I believe Ballard supplies the fuel cells for both SOlaris and Wright bus

so well done guys, the long years waiting are paying off

https://www.sustainable-bus.com/fuel-cell-bus/coming-to-cologne-100-fuel-cell-hybrid-buses-by-solaris-and-wrightbus/

[basssque]

Loaded up between $5.80 and $6.15, holding long. Up 8% today already, smart money gets in here. Lets make some loot!!

[basssque]

Bought big into this dip! Gasoline prices are too high to ignore alternatives now, especially at discounted prices. Good Score here!!!

[FUNYMUNY]

I've said for years that the answer isn't heavy batteries to power vehicles...it's hydrogen. Hydrogen is the future...Cummins is preparing for just that future. 15L big ass motor for heavy equipment/trucks etc.

https://ngtnews.com/cummins-reveals-15-liter-hydrogen-engine-for-heavy-duty-applications

[Jack_Bolander]

Terrible earnings. Falling Margins.

[bagwa-john]

almost as if the perps from yesterday's huge sells at the bell were recovering today, we get huge blue (buy) volumes at the bell today on all 3. Buying back what they shorted yesterday? no manipulation right?

[bagwa-john]

Big red spikes at the bell today, on this one, fcel and plug.

[Diogenes of Sinope]

I’ve been trading here for longer than I thought;

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130914711

Never caught a bottom or a top but the in betweens have been very rewarding over the years.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151022582

BLDP-GLTA

[Diogenes of Sinope]

BLDP

GLTA

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/87155350/ballard-and-chart-successfully-test-a-fuel-cell-po

[Diogenes of Sinope]

Thanks UK

I fully agree and will try to catch a near bottom addition.

Personally, I believe we’re close if not there yet.

The world is certainly in flux.

Good luck to us all

[uksausage]

keep asking yourself, "has the company done anything wrong or changed their strategy?"

if the answer is no then the reasons bought should still exist.

in the clean energy/hydrogen/fuel cell mobility market that Ballard is in we are still in the early innings (may be 3 or 4) if you are able to wait until the 8th or 9th you will be happily rewarded.

Critical for all companies will be executing and increasing margins via streamlined processes for pilot projects, initial roll out, full scale roll outs to meet timescales for different "fleet" customers and ensuring the manufacturing is kept as full to capacity as they juggle the different product mix for different customers


I'm looking to add more shares to my existing clean energy portfolio when it is clear the market has completed its drop.

(although weed stocks are bouncing/moving as well....)

[Diogenes of Sinope]

BLDP

I’m sitting in the red at the moment on my latest purchase but the broader markets are drowning similarly.

Ballard has rewarded me greatly over the years and no stops are ever placed.

I continue to believe as the current market speaks otherwise.

Disclaimer; It’s your money-Not mine-Act accordingly

GLTA

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/87052000/ballard-fuel-cells-to-power-expansion-of-canadian

[uksausage]

taking a leaf out of pLUG's book by not naming customers...

Probably Caterpillar

[Diogenes of Sinope]

https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/87011913/ballard-announces-orders-for-31-fuel-cell-engines

[Jack_Bolander]

NEW 52 WEEK LOWS.

Triggered my covers. Nice

[BottomBounce]

Ballard Power Systems vs Fuelcell Energy! Stock Analysis with FCEL and BLDP. Going to Buy the Dip? $BLDP vs $FCEL