{"id":688765,"date":"2022-09-26T08:34:20","date_gmt":"2022-09-26T12:34:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/"},"modified":"2022-09-26T08:34:20","modified_gmt":"2022-09-26T12:34:20","slug":"ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/","title":{"rendered":"Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">VANCOUVER, BC<\/span> and BUSSNANG, <span class=\"xn-location\">Switzerland<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 26, 2022<\/span><\/span> \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order from Stadler Rail AG (&#8220;Stadler&#8221;; <a href=\"http:\/\/www.stadlerrail.com\" rel=\"nofollow\">www.stadlerrail.com<\/a>), a leading manufacturer of rolling stock, for the supply of six 100 kW FCmove<sup>TM<\/sup>-HD+ fuel cell engines to power the first hydrogen train in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1907003\/Ballard_Power_Systems_Inc__Ballard_inks_contract_with_Stadler_to.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1907003\/Ballard_Power_Systems_Inc__Ballard_inks_contract_with_Stadler_to.jpg\" title=\"Ballard Power Systems Inc. Logo (CNW Group\/Ballard Power Systems Inc.)\" alt=\"Ballard Power Systems Inc. Logo (CNW Group\/Ballard Power Systems Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The contract to provide the hydrogen-powered train was awarded to Stadler by San Bernardino County Transportation Authority (SBCTA), with the option of additional trains in the future. The train is expected to be in service in <span class=\"xn-location\">San Bernardino, California<\/span> in 2024 and will seat over 100 passengers.<\/p>\n<p>&#8220;We continue to see the critical role hydrogen will play in decarbonizing our economy. We are excited to work with Stadler, a global industry leader in rail manufacturing, to reduce emissions in the transportation sector and bring the first hydrogen powered, zero emission passenger train to <span class=\"xn-location\">the United States<\/span>,&#8221; said <span class=\"xn-person\">Randy MacEwen<\/span>, Ballard CEO. \u00a0<\/p>\n<p>\n        <span class=\"xn-person\">Martin Ritter<\/span>, CEO of Stadler US commented, &#8220;Stadler is committed to designing and building green technology for the transportation industry. We are delighted to work alongside innovative organizations, like SBCTA and <span class=\"xn-location\">Ballard<\/span>, that share our enthusiasm to reduce emissions in the sector. It is a great honor to be a part of bringing the first hydrogen-powered train to <span class=\"xn-location\">the United States<\/span>.&#8221;<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold\" role=\"heading\">\n        <b>About Ballard Power Systems<\/b>\n      <\/div>\n<p>Ballard Power Systems&#8217; (NASDAQ: BLDP) (TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. <span class=\"xn-location\">Ballard<\/span> zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about <span class=\"xn-location\">Ballard<\/span>, please visit <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3658432-1&amp;h=766766378&amp;u=http%3A%2F%2Fwww.ballard.com%2F&amp;a=www.ballard.com\" target=\"_blank\" rel=\"nofollow noopener\">www.ballard.com<\/a>.<\/p>\n<p>This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries and deployments. These forward-looking statements reflect <span class=\"xn-location\">Ballard&#8217;s<\/span> current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on <span class=\"xn-location\">Ballard&#8217;s<\/span> assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.<\/p>\n<p>These statements involve risks and uncertainties that may cause <span class=\"xn-location\">Ballard&#8217;s<\/span> actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect <span class=\"xn-location\">Ballard&#8217;s<\/span> future performance, please refer to <span class=\"xn-location\">Ballard&#8217;s<\/span> most recent Annual Information Form. Readers should not place undue reliance on <span class=\"xn-location\">Ballard&#8217;s<\/span> forward-looking statements and <span class=\"xn-location\">Ballard<\/span> assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold\" role=\"heading\">\n        <b>About <span class=\"xn-person\">Stadler Rail<\/span><\/b>\n      <\/div>\n<p>Stadler has been building trains for 80 years. The provider of mobility solutions in rail vehicle construction, service and signaling technology has its headquarters in Bussnang, eastern <span class=\"xn-location\">Switzerland<\/span>. It has a workforce of over 13,000 based in various production and engineering locations as well as more than 70 service locations. The company is conscious of its social responsibility for sustainable mobility and therefore stands for innovative, sustainable and durable quality products. The product range in the field of mainline railways and city transport includes high-speed trains, intercity trains, regional and suburban trains, metros, tramways and trams. Stadler also manufactures main-line locomotives, shunting locomotives and passenger carriages. It is the world&#8217;s leading manufacturer in the rack-and-pinion rail vehicle industry.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA83464&amp;sd=2022-09-26\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states-301632941.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states-301632941.html<\/a><\/p>\n<p>SOURCE  Ballard Power Systems Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA83464&amp;Transmission_Id=202209260830PR_NEWS_USPR_____VA83464&amp;DateId=20220926\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire VANCOUVER, BC and BUSSNANG, Switzerland, Sept. 26, 2022 \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order from Stadler Rail AG (&#8220;Stadler&#8221;; www.stadlerrail.com), a leading manufacturer of rolling stock, for the supply of six 100 kW FCmoveTM-HD+ fuel cell engines to power the first hydrogen train in the United States. The contract to provide the hydrogen-powered train was awarded to Stadler by San Bernardino County Transportation Authority (SBCTA), with the option of additional trains in the future. The train is expected to be in service in San Bernardino, California in 2024 and will seat over 100 passengers. &#8220;We continue to see the critical role hydrogen will play in decarbonizing our economy. We are excited to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688765","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire VANCOUVER, BC and BUSSNANG, Switzerland, Sept. 26, 2022 \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order from Stadler Rail AG (&#8220;Stadler&#8221;; www.stadlerrail.com), a leading manufacturer of rolling stock, for the supply of six 100 kW FCmoveTM-HD+ fuel cell engines to power the first hydrogen train in the United States. The contract to provide the hydrogen-powered train was awarded to Stadler by San Bernardino County Transportation Authority (SBCTA), with the option of additional trains in the future. The train is expected to be in service in San Bernardino, California in 2024 and will seat over 100 passengers. &#8220;We continue to see the critical role hydrogen will play in decarbonizing our economy. 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The contract to provide the hydrogen-powered train was awarded to Stadler by San Bernardino County Transportation Authority (SBCTA), with the option of additional trains in the future. The train is expected to be in service in San Bernardino, California in 2024 and will seat over 100 passengers. &#8220;We continue to see the critical role hydrogen will play in decarbonizing our economy. We are excited to &hellip; Continue reading \"Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-26T12:34:20+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1907003\/Ballard_Power_Systems_Inc__Ballard_inks_contract_with_Stadler_to.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States","datePublished":"2022-09-26T12:34:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/"},"wordCount":587,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1907003\/Ballard_Power_Systems_Inc__Ballard_inks_contract_with_Stadler_to.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-inks-contract-with-stadler-to-supply-fuel-cell-engines-to-power-first-hydrogen-train-in-united-states\/","name":"Ballard inks contract with Stadler to supply fuel cell engines to power first hydrogen train in United States - 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