Ballard Announces Orders For 62 Hydrogen Fuel Cell Engines To Power Solaris Buses In Europe; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Ballard Power Systems has announced orders for 62 hydrogen fuel cell engines to power Solaris buses in Europe. The majority of the fuel cell engines are expected to be delivered in 2024. Financial terms of the deal were not disclosed.
November 06, 2023 | 10:32 pm
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Ballard Power Systems' order for 62 hydrogen fuel cell engines to power Solaris buses in Europe could potentially boost its revenues in the future. However, the financial impact is uncertain as the terms of the deal were not disclosed.
The order for 62 hydrogen fuel cell engines is a positive development for Ballard Power Systems as it indicates demand for its products. This could potentially lead to increased revenues in the future. However, the financial impact is uncertain as the terms of the deal were not disclosed.
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