VANCOUVER - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) has secured a significant order for 15 megawatts (MW) of its FCmove®-HD+ fuel cell systems from a UK-based company focused on renewable off-grid power generation.
The order, which is a follow-up to previous purchases totaling approximately 5 MW, marks a substantial expansion in Ballard's supply relationship with this customer.
The company is set to start delivering 150 of the 100 kW systems in late 2024, with the fulfillment continuing into 2025. This new purchase order is part of a multi-year supply agreement that also gives the UK customer an option to buy up to an additional 296 systems by March 2026. If the customer exercises this option in full, the total count of systems ordered would reach 446.
David Mucciacciaro, Ballard's Chief Commercial Officer, expressed enthusiasm about the growth of their partnership with the customer, highlighting the increasing demand for fuel cell systems as alternatives to traditional diesel generators.
These systems are touted for their resilience, predictability, cleanliness, and quiet operation, suitable for various onsite power generation needs such as electric vehicle charging, film production, events, and construction sites.
Ballard Power Systems, a company that envisions delivering fuel cell power for a sustainable planet, develops zero-emission proton exchange membrane (PEM) fuel cells. These fuel cells are utilized in the electrification of different forms of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power.
This announcement is based on a press release statement from Ballard Power Systems Inc .
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