SOURCE: The Bedford Report

The Bedford Report

July 19, 2011 08:16 ET

Fuel Cell and Microturbine Technology Gains International Acclaim

The Bedford Report Provides Equity Research on Capstone Turbine & Ballard Power

NEW YORK, NY--(Marketwire - Jul 19, 2011) - Fuel cells and microturbines are becoming popular energy management solutions as surging oil prices have begun to dampen the strength of the global economic recovery. Fuel cells and microturbines can operate on a variety of fuels, including natural gas and renewable fuels such as landfill gas and digester gas. The Bedford Report examines the outlook for companies in the Alternative Energy Sector and provides stock analysis on Capstone Turbine Corporation (NASDAQ: CPST) and Ballard Power Systems, Inc. (NASDAQ: BLDP) (TSX: BLD). Access to the full company reports can be found at:

Fuel cells convert the stored energy in fuels like natural gas or hydrogen gas into electricity without combustion. They are somewhat similar to batteries, although fuel must be fed continuously to them. Fuel cells have been accused of being expensive, leading competitors such as Capstone Turbine to argue that microturbines hold a brighter future. Microturbines are small power generation systems using a gas turbine engine, based on related turbines used in transportation.

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Earlier this month Capstone Turbine announced that it sold its first microturbine product in Belarus. Capstone distributor BPC Engineering commissioned the C600 in Belarus in a combined heat and power application at a motive power depot in Baranovichi, Belarus.

Ballard Power Systems provides clean energy fuel cell products enabling optimized power systems for a range of applications. Earlier this year Ballard entered into a contract for the supply of fuel cell power modules to power five zero-emission hydrogen fuel cell buses operated by the HyNor Oslo Buss group, to service the greater Oslo, Norway area.

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