I'm a man of my word , I'm bigger , I'm better, and I wanna be champion again$$$.
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hi capton
i agree with you
Such as what you said Happened in bldp
thanks ,, good luck
This makes us be optimistic
thanks
you are right , this company destroyed shareholder value . but there is hope to growth and Prosperity
thanks
good morning fcel ..
March 21, 2012/VANCOUVER, CANADA– Ballard Power Systems issued a Market Update on January 9, 2012,
“Significant Progress Expected in 2012 Toward Commercialization of Clean Energy Fuel Cell Buses”.
In addition to 2011 module shipments for bus deployments in Europe (Norway, London), Brazil and
the U.S., Ballard made a number of important bus-related news announcements in Q4 2011 and to
date in Q1 2012. This Market Update provides further information.
PROGRAM EXECUTION
? SUPPLY AGREEMENT WITH VAN HOOL IN EUROPE
Ballard signed an Equipment Supply Agreement (ESA) with Van Hool NV, Europe’s fourth
largest bus manufacturer, for 21 of our latest-generation FCvelocityTM-HD6 fuel cell power
modules. Five power modules were shipped in 2011 and the remaining modules are expected to
ship in 2012. Van Hool is working toward definitive agreements with respective local transit
authorities regarding deployment of these fuel cell buses in a number of European cities.
? SHIPMENT OF BUS MODULES TO SUNLINE IN CA PLANNED FOR Q1
Funding under the U.S. Federal Transit Administration’s TIGGER program was approved last
year for two additional fuel cell buses to be deployed with SunLine Transit Agency in Thousand
Palms, CA. Ballard plans to ship 2 FCvelocityTM-HD6 fuel cell power modules to SunLine during
Q1 2012.
BUSINESS DEVELOPMENT
? LOIWITH THE CITY OF SAO PAULO
Ballard signed a non-binding Letter of Intent (LOI) with The City of Sao Paulo, Brazil for
FCvelocityTM-HD6 fuel cell modules to power buses in that city. Negotiation of an agreement
with The City of Sao Paulo continues, however, this process has been more complex and is
taking longer than originally anticipated. Further updates regarding contract scope and product
shipment timetable will be released as information becomes known.
? MOUWITH TATA MOTORS IN INDIA
Ballard signed a non-binding Memorandum of Understanding (MOU) with Tata Motors for 12
FCvelocityTM-1100 fuel cell stacks to be used in powering clean energy buses for demonstration
in various Indian cities. Deliveries are expected in 2012 and 2013.
Update on Progress Toward Commercialization
of Clean Energy Fuel Cell Buses
Contact: media@ballard.com Page 2 of 2 www.ballard.com
Maarrkkeett Updaattee
March 21, 2012
OPERATIONAL PERFORMANCE
? POWERING BC TRANSIT FLEET TO 1¼ MILLION MILES
Ballard announced in December 2011 that the 20-bus fleet operated by BC Transit in the Resort
Municipality of Whistler – and powered by our FCvelocityTM-HD6 fuel cell modules – had
surpassed 1-million miles (1.6-million kilometers) of revenue service. We are now pleased to
report that the fleet is expected to surpass 1.25-million miles (2.0-million kilometers) of
revenue service during the next month, demonstrating high reliability in a commercial
operation.
About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products
enabling optimized power systems for a range of applications. Products are based on proprietary
esencia™ technology, ensuring incomparable performance, durability and versatility. To learn more
about Ballard, please visit www.ballard.com.
Update on Progress Toward Commercialization
of Clean Energy Fuel Cell Buses
must get the job done
BURNABY, BRITISH COLUMBIA -- (Marketwire) -- 03/20/12 -- The Honourable Gary Goodyear, Minister of State for Science and Technology, today announced six new projects supported by the Automotive Partnership Canada initiative. The projects advance research and development (R&D) in Canada's automotive industry by supporting new technologies that will provide lighter material alternatives for cars and significantly enhance battery efficiency for vehicles.
"Through the Automotive Partnership Canada initiative, our government enhances the research capacity of universities to achieve made-in-Canada innovation," said the Honourable James Moore, Minister of Canadian Heritage and Official Languages. "The investments in automotive R&D will lead to greener, better-performing vehicles, as well as create jobs and strengthen our economy."
These university-industry partnerships will receive almost $34 million in total project support. This includes just under $19 million in funding through the Automotive Partnership Canada initiative and nearly $15 million from industry and other partners. These partnerships will be supported by the Natural Sciences and Engineering Research Council of Canada (NSERC), Canada Foundation for Innovation (CFI) and National Research Council Canada (NRC).
Simon Fraser University received over $5 million to work on a new generation of fuel cells that hold great potential to reduce greenhouse gas emissions and air pollution. For this project, 17 scientists and engineers from nine universities across Canada will work on reducing the production costs of this new technology. Dr. Steven Holdcroft is partnering with Automotive Fuel Cell Cooperation, Ballard Power Systems Inc., BIC Inc., General Motors of Canada Limited, Hydrogenics and Hyteon Inc.
"Canada's scientists and engineers are well positioned to provide the automotive industry with the expertise needed to maintain a strong and sustainable automotive industry," said NSERC President Suzanne Fortier. "These most recently announced projects will contribute to the evolution of new materials and technologies that will benefit both the automotive sector and consumers."
"Through our investment in state-of-the-art facilities, we are supporting research-driven economic growth and helping to create jobs in Canadian communities," said Gilles G. Patry, President and CEO of the CFI. "Working with federal partners, the Canada Foundation for Innovation is helping one of Canada's key industries thrive in a global marketplace."
"The National Research Council is committed to working with Canada's auto industry to make it internationally competitive," said John McDougall, President of NRC. "This initiative underlines NRC's support for developing a sustainable and viable auto sector in Canada."
Announced by the Government of Canada in April 2009, Automotive Partnership Canada is a five-year, $145-million initiative that supports collaborative R&D and pushes the Canadian automotive industry to greater levels of innovation. As this is an industry-driven initiative, automotive companies provide both financial support and essential in-kind contributions to ensure the research projects' success.
Other previously funded Automotive Partnership Canada research focused on the development of a battery pack thermal management system for hybrid electric vehicles, more efficient systems for lightweight wheel production, enhanced performance catalytic converters, improved fuel cell technology and improved automotive manufacturing workplace design and ergonomics.
NSERC is a federal agency that helps make Canada a country of discoverers and innovators for all Canadians. The agency supports some 30,000 post-secondary students and post-doctoral fellows in their advanced studies. The agency promotes discovery by funding more than 12,000 professors every year and fosters innovation by encouraging more than 2,000 Canadian companies to participate and invest in post-secondary research projects.
A backgrounder is available at the following link: http://media3.marketwire.com/docs/BKG_inda0320.pdf
Contacts:
Stephanie Thomas
Press Secretary
Office of the Honourable Gary Goodyear
Minister of State (Science and Technology)
613-960-7728
Media Relations
Industry Canada
613-943-2502
Martin Leroux
Media and Public Affairs Officer
Natural Sciences and Engineering Research Council of Canada
613-943-7618
media@nserc-crsng.gc.ca
Ryan Saxby Hill
Coordinator, Media Relations and Online Engagement
Canada Foundation for Innovation
613-943-5346
ryan.saxby_hill@innovation.ca
Media Relations
National Research Council Canada
1-855-282-1637
media@nrc-cnrc.ca
now only good if back above 1.82 for continue rise
1.88 good for first day of next week to continue rise
if they can marketing the products well, i guess will we see 10$ with the passage of time
(my eyes on fuel)
good luck
good news .. today be careful if close underneath 1.67
good if closed 1.75 today for continue rise tomorrow
good luck
Any closure under 0.42 begins Concerns
Toyota recently announced that it had taken on hydrogen fuel as one of its primary focuses. The Japanese automaker has long been an advocate of electric transportation, showing strong support for battery batter. After showing off its latest concept of its FCV model, Toyota has announced that it is taking a very aggressive stance in regards to hydrogen-powered vehicles. The company has announced that it will be making thousands of fuel cell cars each year for the next ten years.
The company believes that the world is moving toward oil-free transportation. As such, it is preparing for the future by creating a veritable armada of hydrogen-powered vehicles. The first of these will be the FCV, which will be released in 2015. Throughout the next decade, the automaker will be refining its manufacturing processes with the hopes of being able to build tens of thousands of vehicles per year by 2020.
Toyota’s new found love for hydrogen and its shifting manufacturing goals will not detract its offering of conventional vehicles. Toyota claims that it will still be producing the highly popular Corolla and Prius models for as long as they remain viable. The company has tentative plans to introduce hydrogen-powered versions of these lines at some point in the future, if demand for fuel cells continues to grow at the pace they are seeing today.
Related posts:
1. Toyota embraces hydrogen as one of its primary fuels, plans to release hydrogen-powered vehicles in 2015
2. Toyota to release hydrogen-powered cars in 2015 priced at $100,000
3. Toyota to launch hydrogen-powered world tour in March of this year
4. Toyota to launch fuel cell SUV in 2015, hoping for a stable hydrogen infrastructure by that time
5. Toyota shows off new mid-sized hydrogen-powered vehicle at Tokyo Motor Show
http://www.hydrogenfuelnews.com/toyota-releases-more-news-about-hydrogen-power-with-details-on-their-future-manufacturing-plans/852494/
sorry ..if 1.57* = good for next week
Float 15.50M :)