BUZZ-Ballard Power Systems Inc: Receives order from China

Wed Apr 15, 2015 8:00am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Canadian fuel-cell maker's U.S.-listed shares up 6.2 pct at $2.40 premarket

** Says received order from a Chinese customer to supply power modules for 8 buses to be deployed in Chinese cities

** Company expects to ship all modules in 2015

** A new energy program, launched in 2011 and involving 48 Chinese cities, plans to deploy more than 1,000 clean energy buses, taking advantage of government subsidies

** Up to Tuesday's close, Ballard's U.S.-listed stock had fallen 42 pct in the past 12 months