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Ballard Power Systems Up 0.7% In US Premarket Trade After Announcing US$40 million in DOE Grants to Support Build Out of Industry-leading Integrated Fuel Cell Production Gigafactory in Rockwall, Texas
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Ballard Power Systems Up 0.7% In US Premarket Trade After Announcing US$40 million in DOE Grants to Support Build Out of Industry-leading Integrated Fuel Cell Production Gigafactory in Rockwall, Texas
Mar 14, 2024 6:02 AM

08:35 AM EDT, 03/14/2024 (MT Newswires) -- Ballard Power Systems ( BLDP ) was at last look up 0.7% in US premarket trade after announcing Thursday it has received notification from the Hydrogen and Fuel Cell Technologies Office within the U.S. Department of Energy (DOE) that Ballard's applications for two grants totaling US$40 million under the Clean Hydrogen Electrolysis, Manufacturing, and Recycling Program have been selected and recommended for negotiation of financial awards. The grants will support Ballard's construction and build-out of an integrated fuel cell production Gigafactory based in Rockwall, Texas.

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