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Ballard Power Systems Inc BLDP

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Morningstar’s Analysis

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Company Profile

Business Description

Ballard Power Systems Inc is a clean energy growth company. The company is engaged in proton exchange membrane fuel cell development and commercialization. The company's main business is designing, development, manufacturing, sale, and service of fuel cell products for a variety of applications, focusing on motive power (material handling and buses) and stationary power (back-up power, supplemental power, and distributed generation). A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Geographically, it derives a majority of revenue from China and also has a presence in Germany; Belgium; Japan; Denmark; the UK and other countries.

Contact
9000 Glenlyon Parkway
Burnaby, BC, V5J 5J8, Canada
T +1 604 454-0900
Sector Industrials
Industry Specialty Industrial Machinery
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 785