VANCOUVER, BC , May 3, 2023
/CNW/ - 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.
"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.
This release contains forward-looking statements concerning
anticipated product performance and other characteristics, product
deliveries and deployments. 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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ballard-power-systems-announces-order-for-3-6-mw-of-fuel-cells-for-zero-emission-stationary-power-301814438.html
SOURCE Ballard Power Systems Inc.