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Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is a proton exchange membrane (PEM) fuel cell power system development and commercialization. The Company’s principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, and the delivery of services, including technology solutions, after sales services and training. It also offers hydrogen fuel cell powertrain integration solutions. Its fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. It also has sales, assembly, research and development, certain engineering services and after-sale service facilities in Hobro, Denmark and London, United Kingdom, and has a sale, supply chain, and after-sales service office in Guangzhou, Guangdong Province, China.


TSX:BLDP - Post by User

Post by Betteryear2on Nov 04, 2021 8:36am
408 Views
Post# 34085729

orders for 40 fuel cell modules in European market

orders for 40 fuel cell modules in European market

VANCOUVER, BC, Nov. 4, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced orders for a total of 40 FCmoveTM-HD (70kW) modules for planned deployment in hydrogen fuel cell electric buses ("FCEB") across Europe in 2022.

These FCEBs are being deployed in FranceGermany, and the UK.

Rouen, France is deploying their first fleet of zero-emission FCEBs powered by Ballard fuel cell technology, and Pau, France is expanding their existing Ballard powered FCEB fleet. There are now four French cities with Ballard fuel cell buses in service or development.

The area of Frankfurt, Germany is also expanding the number of zero-emission FCEBs powered by Ballard fuel cell technology. There are now six German cities with Ballard fuel cell buses in service or development, an increase of three cities since last year.

Brighton, England is the first UK municipality of its kind to have a publicly stated zero emissions goal by 2030, for its fleet of nearly 500 buses. Brighton's initial order of 20 FCEBs is the first phase of FCEB development, with supportive funding from the JIVE program and the UK's Ultra Low Emission Bus Scheme.

Nearly 160 hydrogen FCEBs powered by Ballard are now in service across Europe, an increase of over 80% since October 2020. There are approximately 150 fuel cell modules currently on order with Ballard to support the deployment of an additional 150 FCEBs in the European market, inclusive of the announcement today.

"The hydrogen fuel cell bus market momentum continues to accelerate throughout Europe. In only twelve months, we have expanded from 10 into over 25 cities, across 10 European countries," said Oben Uluc, Ballard's Director, European Sales. "With orders in hand to double the number of FCEBs driving passengers on European city streets, we see an exciting forward step change in the adoption of FCEBs. We see a strong growth ramp over the coming decade as our bus OEM customers deliver Ballard-powered FCEBs to transit operators planning to decarbonize their bus fleets."

 
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