VANCOUVER, CANADA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced receipt of a purchase order from Weichai Ballard Hy-Energy Technologies Co., Ltd. (“Weichai-Ballard JV”) for Membrane Electrode Assemblies (MEAs) valued at $19.2 million, to be delivered in 2020 under a long-term MEA supply agreement.
Proton Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announces that further to the receipt of the order for €630K from APEX Energy Teterow GmbH (“APEX”), which was announced on 14 May 2019, it has signed a letter of intent (“LoI”) with this customer.
La Motte Fanjas (France)– McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, today announces the success of a capital increase via the issuance of new ordinary shares without preferential subscription rights (the “Issuance”).
SAN JOSE, Calif.–Bloom Energy Corporation (NYSE: BE) today announced financial results for the third quarter ended September 30, 2019. The Company has issued a shareholder letter discussing its third-quarter 2019 financial results and forward estimates.
Oslo–Nel ASA (“Nel”) reported all-time high revenues of NOK 148.9 million (116.0) in the third quarter of 2019, in line with company outlook, and an order backlog of NOK 575 million. The order backlog grew 58%, compared to the end of the third quarter of 2018, and Nel reiterates the strong market outlook.
La Motte Fanjas (France)—McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, today announces the launch of a capital increase via the issuance of new ordinary shares without preferential subscription rights for certain categories of investors, of approximately €8 million, as well as a warrant allocation project for all shareholders to enable them to subsequently participate in the capital increase operation. A request to list the new shares will be made to Euronext.
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the appointment of Juergen Nowicki, currently Senior Vice President Commercial & CFO of Linde Engineering, as a Non-executive Director of ITM Power with effect from 1 November 2019.