Ballard Power Systems (48C Self-Disclosed)

Ballard Power Systems Inc. (Ballard) plans to construct a new 230,000 square foot facility in Rockwall, Texas which will demonstrate disruptive, low-cost, fully automated manufacturing processes to position Ballard to meet expected future market demand, while significantly driving down costs of its market-leading fuel cell engines. The facility represents the next stage of Ballard's 'local for local' strategy, featuring cutting-edge fuel cell and advanced manufacturing strategy. This will enable further scaling and commercialization of Ballard's zero emission fuel cell solutions across their target markets of bus, truck, rail, marine, off-road, and stationary power applications. Ballard plans for the new facility, dubbed Ballard Rockwall Giga 1, to be located on a parcel of 22 acres of industrial land within the Rockwall Technology Park in Rockwall, Texas. In Phase I, Ballard plans to build and commission this new manufacturing facility with annual production capacity of 8 million MEAs, 8 million bipolar plates, 20,000 fuel cell stacks, and up to 20,000 fuel cell engines per year, or the equivalent of 3 gigawatts of fuel cells.

The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.