Ballard teams up with Japanese firm

Article Abstract:

Ballard Power Systems Inc. of Burnaby, British Columbia, has joined forces with Ebara Corp. of Tokyo, Japan, to make and market fuel cell power plants. Ballard, a developer of low-pollution fuel cells, said that its stationary power plant subsidiary, Ballard Generation Systems and Ebara will jointly invest C$22.9 million to establish the new firm in Japan. The new firm is expected to use Ballard's fuel cell technology to produce 250-kilowatt power plants that will be used to supply the electricity needs of hospitals, factories and entire communities.

Comment:

Has joined forces with Ballard Power Systems Inc of Burnaby, British Columbia, to make fuel cell power plants in Japan

Japan, Foreign operations, Joint ventures, Fuel Cells & Thermic Generators, All Other Miscellaneous Electrical Equipment and Component Manufacturing, Ebara Corp., Article

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Ballard beats forecast with sales of fuel cells

Article Abstract:

Ballard Power Systems Inc. posted higher than expected sales for the 2002 fourth quarter. The company was greatly helped by bus fuel cell engine sales during the period.

Sales, profits & dividends, Electrical equipment and supplies industry, Electric equipment industry, Finance, Company sales and earnings, Company earnings/profit, BLDPF

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