Energy Storage

Ballard’s GeoPura Deal Turns Private Hydrogen Losses Into Public Dilution

Perpetual loss-making hydrogen fuel cell firm Ballard Power is paying £275 million for GeoPura, but only £82.5 million is cash. Most of the price is 50.8 million newly issued and dilutive Ballard shares, leaving GeoPura’s investors with about 14.4% of the combined company and subjecting much of their consideration to … [continued]

CleanPeak Energy & Western Sydney International Airport Partner on 100% Renewable Electricity Deal

CleanPeak Energy has partnered with Western Sydney International (Nancy-Bird Walton) Airport (WSI) to deliver 100% renewable electricity to Australia’s newest airport. CleanPeak Energy will invest over $50m at the site to develop 9 MWp of new rooftop solar and a 120 MWh Battery Energy Storage System (BESS). Combined with WSI’s existing 4.5 … [continued]