Why Ballard Power Systems (BLDP) Stock Is Up Today

NEW YORK (TheStreet) -- Ballard Power Systems  (BLDP) rose on Wednesday after the fuel cell manufacturer announced four buses had been deployed with Ballard modules.

Ballard announced Van Hool NV, the fourth-largest bus manufacturer in Europe, delivered the first four buses powered by Ballard's 150-kilowatt FCvelocity-HD6 fuel cell module. Van Hool will deliver the other six buses in the fleet of ten known as the "Aberdeen Hydrogen Bus Project" to transit agencies in Aberdeen, Scotland in the next few weeks. 

The stock was up 12.03% to $5.03 at 10:16 a.m. on Wednesday.

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