NetworkNewsBreaks – Ballard Power Systems (NASDAQ: BLDP) Geared to Fight China’s Smog Problem
China’s hazardous levels of air pollution have officials in various cities calling for temporary closures in highways, flights and industrial plants. Meanwhile, Ballard Power Systems (NASDAQ: BLDP) is working with Guangdong Nation Synergy Hydrogen Power Technology Co. Ltd to establish fuel cell stack production in the City of Yunfu in the Guangdong Province. Under an agreement reached in October 2016, Ballard will receive $170 million over five years for a working deal that includes the creation of a joint venture who will manufacture and sell FCvelocity®-9SSL stacks to be used primarily in locally-assembled fuel cell engines to provide propulsion power…







