financetom
Business
financetom
/
Business
/
Ballard Signs Order for 6.4 MW of Fuel Cell Engines to eCap Marine for Samskip Vessels
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ballard Signs Order for 6.4 MW of Fuel Cell Engines to eCap Marine for Samskip Vessels
Jul 22, 2025 4:12 AM

06:46 AM EDT, 07/22/2025 (MT Newswires) -- Ballard Power Systems ( BLDP ) late on Monday said it has signed a purchase order to supply 6.4 megawatts of fuel cell engines to eCap Marine for deployment on two Samskip vessels.

The engines will be integrated into green marine propulsion systems by eCap Marine and power two vessels in Samskip's fleet to decarbonize routes between Norway and the Netherlands. The engines will be delivered in 2025 and 2026.

The company has an ongoing collaboration with eCap Marine since 2021.

"We're proud to expand our partnership with eCap Marine and Samskip with one of the largest marine fuel cell engine orders in history," said Ballard President and CEO Marty Neese. "Deploying our fuel cell engines on these two Samskip vessels provides a critical validation point for the use of PEM fuel cell propulsion for maritime applications."

The order is supported by ENOVA, Norway's government agency for energy and climate initiatives, the company said.

Ballard's share price at last look gained 2.6% to US$1.99 in U.S. pre-market trading on Tuesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
LPG shipper StealthGas Q2 revenue hits record, beats estimates
LPG shipper StealthGas Q2 revenue hits record, beats estimates
Aug 25, 2025
Overview * StealthGas ( GASS ) Q2 revenue hits record $47.2 mln, beating analyst expectations * Adjusted EPS of $0.59 beats estimates, adjusted net income also exceeds expectations * Company repaid $86 mln in debt YTD, leaving fully owned fleet unencumbered Outlook * StealthGas ( GASS ) expects chartering activity to increase in the fourth quarter * Company has secured...
Humanoid Global Appoints Shahab Samimi as CEO
Humanoid Global Appoints Shahab Samimi as CEO
Aug 25, 2025
09:09 AM EDT, 08/25/2025 (MT Newswires) -- Humanoid Global Holdings ( RBOHF ) , a publicly traded investment issuer, on Monday appointed Shahab Samimi as chief executive, succeeding Joshua Matettore who will assist in the leadership transition. Samimi is currently a senior product manager at fashion retailor Nordstrom. Shares of the company closed down 1.6% to $0.60 on Friday on...
Grey Wolf Animal Health Q2 Income, Revenue Rise
Grey Wolf Animal Health Q2 Income, Revenue Rise
Aug 25, 2025
09:08 AM EDT, 08/25/2025 (MT Newswires) -- Grey Wolf Animal Health (WOLF.V) reported Monday higher net income and revenue in the second quarter. The diversified health company booked a net income of $751,230 for the three months ended June 30, increasing from $577,547. Revenue jumped to $9.5 million from $7.2 million while adjusted EBITDA rose to $2.2 million from $1.4...
Municipal Bond Offerings This Week See High Flood Scores
Municipal Bond Offerings This Week See High Flood Scores
Aug 25, 2025
09:07 AM EDT, 08/25/2025 (MT Newswires) -- Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood Scores, according to ICE Climate Data. A $27 million offering from Cape May, N.J., records a Flood Score of 4.8 out of 5.0, ICE reports. Locations with a component Physical Climate Risk Score, which includes Flood, Wildfire...
Copyright 2023-2026 - www.financetom.com All Rights Reserved