Fuel Cell Firm Ballard Posts $14.5 Million Revenue, Proposes New 3 GW Facility

The company’s order backlog at the end of Q1 increased by 38% QoQ to $180.5 million

May 8, 2024

/ Gautamee Hazarika
/ Other, Renewable Energy
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Fuel cell manufacturer Ballard Power Systems recorded a net loss from continuing operations in the first quarter (Q1) of 2024 amounted to $41.1 million, recording an increase of 26.8% year-over-year (YoY) compared to a net loss of $32.4 million.

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Gautamee Hazarika

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BallardFinancial ResultsFuel CellHydrogenNet IncomeRevenue
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