March 2010
Posing with a fuel cell bus used during the Vancouver Olympics are BC Transit's Ron Brown and Barry George. See technical report.
CellEra Secures Additional Funding
Fuel cell start-up CellEra Technologies Inc. of Caesarea, Israel, has raised $2 million in its second financing round from Israel Cleantech Ventures Funds and German fund BrainsToVentures AG. B-To-V confirms that CellEra has developed its first prototype and will use the funds to turn the working prototype into its first commercial product within the next two years. MORE
Ballard Announces Sale-Leaseback
Ballard Power Systems has entered into a sale-and-leaseback agreement with Madison Pacific Properties Inc. and will sell its head office building site in Burnaby, British Columbia in return for gross cash proceeds of approximately C$20.8 million (US$14.5 million). The company also has entered into an initial 15-year lease agreement for the same property. MORE