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