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Ballard (TSX:BLDP) to power first hydrogen train in the U.S.

Market News, Renewable Energy, Technology
TSX:BLDP
26 September 2022 10:30 (EDT)

Source: Stadler Rail.

Ballard (BLDP) will supply Stadler Rail AG with six 100 kW FCmove-HD+ fuel cell engines.

The engines will power the first hydrogen train in the U.S.

Stadler, based in Switzerland, has been providing mobility solutions in rail vehicle construction, service and signalling technology for over 80 years. Its product range includes high-speed trains, intercity trains, regional and suburban trains, metros, tramways and trams.

The contract to provide the hydrogen-powered train was awarded to Stadler by the San Bernardino County Transportation Authority. The train is expected to be in service in San Bernardino, California in 2024 and will seat over 100 passengers.

“We continue to see the critical role hydrogen will play in decarbonizing our economy. We are excited to work with Stadler to reduce emissions in the transportation sector and bring the first hydrogen-powered, zero-emission passenger train to the U.S.,” stated Randy MacEwen, Ballard’s CEO.

“Stadler is committed to designing and building green technology for the transportation industry,” added Martin Ritter, CEO of Stadler U.S. “We are delighted to work alongside innovative organizations, like SBCTA and Ballard, that share our enthusiasm to reduce emissions in the sector.”

Ballard Power Systems offers fuel cells that enable the adoption of electric vehicles.

Ballard (BLDP) is up by 4.81 per cent, trading at $9.15 per share as of 10:04 am EST.


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