Recent Updates — BLDP
Ballard Power Systems has launched the HPU Agile-H, a lightweight, towable Hydrogen Power Unit designed to provide mobile alternative power. Developed by GeoPura and manufactured by Siemens Energy, the unit is powered by a Ballard fuel cell combined with integrated battery storage to deliver 80kW of continuous power. It targets lower loads, short-term projects, remote locations, and grid-limited operations across the UK, Europe, and North America. Pre-orders are open now, with deliveries scheduled for Q1 2027. The launch follows Ballard's acquisition of GeoPura, expanding its hydrogen ecosystem capabilities. Ballard Power Systems Inc. is a global leader in zero-emission hydrogen energy solutions and an integrated Energy-as-a-Service provider.
Ballard Power Systems outlined its strategic roadmap following the Ballard Forum, targeting Adjusted EBITDA positivity by the end of 2027 and sustained full-year profitability throughout 2028. The company aims for a 30% compound annual growth rate in corporate revenue over the next two fiscal years, with gross margins expected to exceed 20% in 2027 and scale above 25% by 2028. Ballard plans to allocate $80 million to $120 million in capital expenditures to expand its Hydrogen Power Unit fleet, financing this through asset-backed finance at greater than 80% loan-to-value ratios. The firm also highlighted an expanded business model incorporating Energy-as-a-Service alongside equipment sales and noted no immediate need for manufacturing expansion or hydrogen production investments. Ballard Power Systems Inc. is a global leader in zero-emission hydrogen energy solutions and an integrated Energy-as-a-Service provider.
Ballard Power Systems reports that its subsidiary, GeoPura, supplied Hydrogen Power Units to support critical energy needs at major live entertainment and sporting events during the summer of 2026. Deployments included the Boomtown festival in the UK, Edinburgh Summer Sessions, the Solheim Cup golf tournament in the Netherlands, and the Genesis Scottish Open. The company notes that organizers are increasingly incorporating hydrogen into event power planning to reduce diesel use and air pollution. These projects build on previous deployments at Hyde Park and other festivals, demonstrating growing adoption of clean energy solutions in the events sector. Ballard aims to expand this Energy-as-a-Service model into the US, Canada, and wider international markets, leveraging its fuel cell expertise alongside GeoPura's operational capabilities. The company also highlights potential applications in film production, construction, and grid support where customers face grid constraints or require dependable off-grid electricity. Ballard Power Systems Inc. is a global leader in zero-emission hydrogen energy solutions and an integrated Energy-as-a-Service provider.
Ballard Power Systems will host a conference call on Monday, November 16, 2026, at 8:00 a.m. Pacific Time (10:00 a.m. Eastern Time) to discuss its third quarter 2026 operating results. The live audio webcast can be accessed via toll-free dial-in or through the company's website. Ballard Power Systems is a global leader in zero-emission hydrogen energy solutions and an integrated Energy-as-a-Service provider, delivering turnkey hydrogen ecosystem solutions including fuel cell engines for heavy-duty mobility and stationary power applications.
Ballard Power Systems has secured an order for 24 FCrail 200 kW fuel cell modules, totaling 4.8 MW, from Siemens Mobility. The modules will power 12 Mireo Plus H hydrogen passenger trains for Romania's Railway Reform Authority (ARF), marking the largest commercial deployment of this platform and the first outside Germany. Deliveries are scheduled for 2027 and 2028, with service expected in 2029. Ballard Power Systems Inc. is a global leader in zero-emission hydrogen energy solutions and fuel cell technology.