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Ballard Power Systems Announces Order for 3.6 MW of Fuel Cells for Zero Emission 'Stationary Power' Applications in Europe
Friday, May 5, 2023Company Profile | Follow Company
Burnaby, BC, May 5, 2023--(T-Net)--Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced an order for 3.6 megawatts (MW) of fuel cell systems from a European provider of clean energy solutions for critical stationary power applications. Ballard expects to deliver 36 x 100 kW systems in 2023 and 2024.
Ballard's fuel cell systems will be integrated into stationary power units which provide zero-emission power for a range of applications, including construction sites, EV charging stations, and data centers.
This order represents a progression of the relationship between Ballard and its customer following the successful initial roll-out of stationary power units powered by Ballard fuel cells. Prior to this new purchase order, Ballard had supplied its customer with approximately 1.2 MW of fuel cells.
David Mucciacciaro, Senior Vice President and Chief Commercial Officer, Ballard Power Systems Inc.
"We are seeing growing market interest for zero-emissions critical power generation for off-grid applications and applications where grid congestion makes grid availability unreliable," said David Mucciacciaro, Ballard's Chief Commercial Officer. "Displacing traditional diesel generators with an emissions-free alternative will require creative solutions. Fuel cell-based electricity generators offer high reliability and long run-time, while also cutting carbon emissions and improving local air quality and noise levels."
About Ballard Power Systems
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.
Forward-looking statements This release contains forward-looking statements concerning the development and delivery of fuel cell products, and the benefits and anticipated market adoption of them. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. [ MORE ] |
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