Ballard Power Systems Secures Record Order for 1,000 Fuel Cell Engines
The landmark deal with Solaris Bus & Coach marks a significant milestone in the adoption of zero-emission buses across Europe.
- Ballard Power Systems announces its largest order ever, signing a supply agreement with Solaris Bus & Coach for 1,000 hydrogen fuel cell engines.
- The agreement consolidates existing orders for about 300 engines and includes a new commitment for approximately 700 additional engines, along with extended warranty services.
- Shares of Ballard Power Systems surged following the announcement, reflecting investor optimism about the company's growth prospects.
- The engines will power both 12-metre and 18-metre buses, supporting the transition to zero-emission public transport in over 22 European cities.
- Ballard also secured $54 million in U.S. investment tax credits to support the construction of a new fuel cell factory in Texas.