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Ballard Announces Results of Annual General Meeting

Ballard Announces Follow-On Order for Fuel Cell Modules to Power 13 Solaris Buses in Frankfurt

Share this article Share this article VANCOUVER, BC and HOBRO, Denmark, May 27, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced purchase orders from Solaris Bus & Coach S.A. ( Solaris ; www.solarisbus.com), a leading European bus and trolleybus manufacturer and Ballard partner headquartered in Bolechowo, Poland, for 13 Ballard FCmove™ fuel cell modules to power 13 Fuel Cell Electric Buses (FCEBs) deployed with In-der-City-Bus GmbH ( ICB ), which operates bus routes in Frankfurt, Germany. Ballard plans to ship the modules in 2021 and the buses are planned for deployment in 2022. Solaris Urbino 12 hydrogen bus, powered by a Ballard fuel cell module (CNW Group/Ballard Power Systems Inc.)

Global Fuel Cells Market Report 2021: Market to Reach $14 6 Billion by 2027 - Polymer Electrolyte Membrane Fuel Cell Dominates the Fuel Cells Market

Government Support Critical for Promoting Adoption of Fuel Cell Technology Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries Efforts to Promote Green Energy and Infrastructure Development Boost Hydrogen Fuel Cells Market Auto Industry Banks on Fuel Cells as a Sustainable Fuel Technology of the Future Hydrogen FCEVs Combat GHG Emissions Hydrogen Refueling Infrastructure: Critical for the Success of FCVs High Costs: The Achilles Heel of Hydrogen Fuel cells Deployments of Fuel Cell Electric Bus (FCEB) Continue to Gain Momentum Growing Need to Reduce Emissions Kindles Efforts to Commercialize Fuel Cell Heavy Trucks Focus on Enhancing Durability and Lowering Cost of Fuel Cells Increases

Global Fuel Cells Market Trajectory & Analytics, 2021-2027

Government Support Critical for Promoting Adoption of Fuel Cell Technology Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries Efforts to Promote Green Energy and Infrastructure Development Boost Hydrogen Fuel Cells Market Auto Industry Banks on Fuel Cells as a Sustainable Fuel Technology of the Future Hydrogen FCEVs Combat GHG Emissions Hydrogen Refueling Infrastructure: Critical for the Success of FCVs High Costs: The Achilles Heel of Hydrogen Fuel cells Deployments of Fuel Cell Electric Bus (FCEB) Continue to Gain Momentum Growing Need to Reduce Emissions Kindles Efforts to Commercialize Fuel Cell Heavy Trucks Focus on Enhancing Durability and Lowering Cost of Fuel Cells Increases

S&P/TSX composite falls, while tech-focused U S stock markets also drop

People are becoming rather shy about the tech sector in general for the time being, said Sid Mokhtari, executive director of institutional equity research at CIBC. The tech sector also took a hit from Treasury Secretary Janet Yellen s comments that interest rates may have to rise to prevent the economy from overheating. The sector tends to underperform amid concerns about rising rates. The former Federal Reserve chairwoman s comments carry weight, said Mokhtari. With her successor, Jerome Powell, insisting that monetary stimulus will remain in place despite corporate concerns about inflation, Yellen may be playing bad cop to Powell s good cop.

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