Ballard Power Unveils Next-Gen Fuel Cells; Plug Power's ATM Equity Move Sparks Concern
Ballard Power Systems will unveil next-generation fuel cell modules at Busworld Europe, promising enhanced performance and simplified integration for urban buses. Meanwhile, Plug Power has secured another distribution partner for an ATM equity program, sparking investor concerns.
Ballard Power's new modules aim to deliver higher sustained power and improved operating efficiency. They also promise simplified vehicle integration, benefiting urban bus traffic.
In other news, Plug Power has added another partner to its ATM equity program. This move has raised concerns among investors about potential liquidity issues, as the company's stock reacted with a 2.3 percent loss in pre-market trading on Wednesday.
Germany's Hydrogen Acceleration Act is set to streamline approval procedures and increase digitization for hydrogen projects. The act aims to make hydrogen more viable in Germany by speeding up planning and approval processes.
Ballard Power's next-generation fuel cell modules are expected to boost power and simplify integration for urban buses. Meanwhile, Plug Power's addition of another distribution partner to its ATM equity program has sparked investor concerns, with the company's stock reacting negatively. Germany's Hydrogen Acceleration Act is poised to facilitate hydrogen project development.
