VANCOUVER and HOBRO,
Denmark, Oct. 2, 2019 /PRNewswire/ - Ballard Power Systems
(NASDAQ: BLDP; TSX: BLDP) today announced receipt of a purchase
order for 3 of its FCveloCity® 100 kilowatt (kW) fuel
cell modules from Berlin-based
BEHALA (www.behala.de), a port and logistics specialist, to power
the world's first zero-emission push boat. The boat, to be named
Elektra, will be used primarily to transport goods between
Berlin and Hamburg as well as on inner-city transport
routes in Berlin.
Ballard plans to work with BEHALA and other consortium partners
to assist in the design, construction and deployment of the
Elektra, with construction of the almost 20 meter long and
8.2 meter wide push boat scheduled to begin this month at the
Hermann Barthel shipyard in Derben, Germany, and completion expected by
end-2020.
Propulsion power for the Elektra will be provided by the Ballard
fuel cell modules along with modular batteries (2.507 kWh
capacity). Ballard intends to ship 3 of its FCveloCity® 100kW fuel
cell modules in 2020 and the company will also support integration,
commissioning and testing during the demonstration phase of the
project. While the Elektra is under construction, electricity and
hydrogen infrastructure is planned to be installed in the vessel's
inland waterways operating area.
With maritime transport estimated to emit approximately 940
million tons of CO2 annually, there is increased
pressure for the shipping industry to deploy means of reducing
harmful pollutants. As a result, zero-emission fuel cells are an
integral part of the Elektra design.
Jesper Themsen, President and CEO of Ballard Power Systems
Europe A/S noted, "We are excited that the Marine Center of
Excellence at our facility in Hobro, Denmark – which we announced in April this
year – will be integral to our activities on this project with
BEHALA and other consortium partners. During 2019 we have taken on
a growing number of European marine projects, a sign of the growing
interest around zero-emission solutions for the marine industry,
with the Elektra being the latest example."
The Elektra project is being led by the Department of
Design and Operation of Maritime Systems of the Technical
University in Berlin. In addition
to Ballard, BEHALA and the Schiffswerft Hermann Barthel shipyard,
other partners include Anleg GmbH (hydrogen storage tanks),
Schiffselektronik Rostock (maritime electronics), EST-Floattech
(batteries), and Imperial Logistics.
About Ballard Power Systems
Ballard Power Systems'
(NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for
a sustainable planet. The Company builds fuel cell products that
reduce customer costs and risks, and helps customers solve
difficult technical challenges or address new business
opportunities. To learn more about Ballard, please visit
www.ballard.com.
This release contains forward-looking statements concerning
planned product deployments, provision of services, market adoption
and demand for our products and available subsidies. 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. Any such forward-looking statements are based on Ballard's
assumptions relating to its financial forecasts and expectations
regarding its product development efforts, manufacturing capacity,
and market demand.
These statements involve risks and uncertainties that may cause
Ballard's actual results to be materially different, including
general economic and regulatory changes, detrimental reliance on
third parties, successfully achieving our business plans and
achieving and sustaining profitability. For a detailed discussion
of these and other risk factors that could affect Ballard's future
performance, please refer to Ballard's most recent Annual
Information Form. Readers should not place undue reliance on
Ballard's forward-looking statements and Ballard assumes no
obligation to update or release any revisions to these forward
looking statements, other than as required under applicable
legislation.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities. The Ballard
Common Shares have not been registered under the United States
Securities Act of 1933, as amended, or the securities laws of any
other jurisdiction and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
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SOURCE Ballard Power Systems Inc.