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Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (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, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates in a single segment of fuel cell products and services. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.


TSX:BLDP - Post by User

Post by Betteryear2on Nov 04, 2021 8:36am
497 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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