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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.910-3.8%3:59 PM EST

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To: BMWIN who wrote (3416)12/18/1998 5:32:00 PM
From: BMWIN  Read Replies (1) of 5827
 
And now we see Alstom continue to waste their money on Ballard too!

from interactive.wsj.com

Alstom Invests XEU25 Mln In Fuel Cell
Technology

Dow Jones Newswires

PARIS -- Franco-British engineering group Alstom SA (ALS) said Friday it
will invest 25 million European currency units (XEU) to create a fuel cell
technology factory in Dresden, Germany, in a joint venture with Canadian
engineering company Ballard Generation Systems.

The new fuel cell system will be used in electric and thermal decentralized
power plants which generate between one and 10 Megawatts, Alstom said in
a statement.

The company added that electricity and gas deregulation in Europe will boost
demand for small decentralized power plants to grow substantially in coming
years.
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