Invest in Cleantech

Invest in Cleantech

Tuesday, June 13, 2023

#Cleantech and #ClimateChange #Podcast - Ballard Power Systems (NASDAQ: $BLDP) (TSX: $BLDP.TO) #Stock Pops on plan to reduce the costs and scale production capacity of next generation #graphite bipolar plates



 

 

 

#Cleantech and #ClimateChange #Podcast - Ballard Power Systems (NASDAQ: $BLDP) (TSX: $BLDP.TO) #Stock Pops on plan to reduce the costs and scale production capacity of next generation #graphite bipolar plates

 

#FuelCell/#Hydrogen #stocks to Watch (NASDAQ: $PLUG) (NASDAQ: $FCEL)

 

Vancouver, Kelowna, Delta, BC ,June 13, 2023- Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new edition of the Cleantech and Climate Change Podcast     

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/061323-Cleantech.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cleantech-podcasts/06131BLDP-PLUG-FCEL.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Fuel cell stock Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) had a great day in the market yesterday gaining over 14 % on news of its plan  to materially reduce the costs and scale production capacity of next generation, proprietary graphite bipolar plates, including the introduction of disruptive manufacturing technology.

 

According to the news ,” This project is the logical progression after Ballard completed two important milestones – the development of next generation, thin flexible graphite bipolar plates, and an expansion of membrane electrode assembly (MEA) manufacturing capacity in Canada as part of Ballard's "3 by 3" stack cost reduction program. Bipolar plates are the next largest cost item in a fuel cell stack after MEAs, and Ballard expects the implementation of this project, including next generation plate manufacturing processes and the introduction of new lower cost material suppliers, to result in cost savings of up to 70%, following commissioning expected in late 2025.

 

Ballard's next generation, thin flexible graphite bipolar plates significantly reduce plate materials while enabling high power density stacks, which are critical for certain market applications. Graphite bipolar plates are the optimal choice for Ballard's heavy-duty mobility markets as they offer long durability, re-usability at stack end-of-life, and high power density, while also offering the lowest plate cost at current and scaled volumes.

 

Beyond product cost savings, the project will increase Ballard's plate manufacturing capacity by approximately 10 times while significantly improving graphite and resin material yield and reducing production takt times. Ballard has also developed several novel manufacturing processes that enable full automation of the bipolar plate production processes, resulting in substantially improved quality throughput, reduced energy demand, and the elimination of water consumption from plate manufacturing. These innovations are expected to be replicable in any future expansion of Ballard's global bipolar plate production footprint.”

 

Riding the sector wave, FuelCell Energy, Inc. (NASDAQ:FCEL) closed at $2.6000, up $0.2700, gaining 11.59%. Plug Power Inc. (NASDAQ: PLUG) closed at $10.37, up $1.20, jumping  13.09%.

 

Visit Investorideas list of hydrogen and fuel cell stocks

https://www.investorideas.com/FCCN/Stock_List.asp

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.


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