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Ballard Power Systems Secures 1.5MW Fuel Cell Order for California Rail Decarbonization

On Thursday, Ballard Power Systems Inc. (NASDAQ:BLDP) announced a new supply agreement with California-based rail operator Sierra Northern Railway, which involve the supply of 1.5MW of fuel cell engines, with delivery expected in 2025.

This partnership is part of Sierra Northern Railway’s broader efforts to decarbonize its operations across California.

An industrial facility floor with employees walking around PEM fuel cell applications.

12 Ballard FCmove-XD engines will be supplied to convert 3 existing diesel switching locomotives into hydrogen-fueled and zero-emission locomotives. The FCmove-XD modules are engineered for heavy-duty applications and provide the environmental benefits of zero emissions without requiring costly overhead catenary systems.

Ballard’s President and CEO Randy MacEwen highlighted the company’s momentum in decarbonizing the North American freight rail sector. For instance, Kennan Trains, which are powered by Ballard fuel cells, offer safe and reliable zero-emission operations. They serve as a direct 1:1 replacement for diesel engines on non-electrified rail lines.

Ballard Power Systems Inc. (NASDAQ:BLDP) designs, develops, manufactures, sells, and services proton exchange membrane/PEM fuel cell products. The company serves bus, truck, rail, marine, stationary power, and similar emerging markets. Sierra Northern Railway is the freight division of the privately owned Sierra Railroad Company, which also holds a principal ownership in Sierra Energy Corporation.

While we acknowledge the potential of BLDP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BLDP and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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