• Oli Capital

Ballard announces MOU with Adani for hydrogen fuel cells in India



Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it has signed a non-binding Memorandum of Understanding ("MOU") with the Adani Group ("Adani Group"; NSE: ADANIENT) to evaluate a joint investment case for the commercialization of fuel cells in various mobility and industrial applications in India. Under the MOU, both parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India.


Reference:

https://www.prnewswire.com/news-releases/ballard-announces-mou-with-adani-for-hydrogen-fuel-cells-in-india-301487336.html


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