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February 16, 2013
16:00 EDTBLDPBallard announces additional SDTC funding to advance fuel cell modules
Ballard Power Systems announced that it has been awarded approximately C$2M in funding from Sustainable Development Technology Canada, SDTC, for a one-year extension to a project that is furthering commercialization of the company's fuel cell power module for use in the transit bus market. In January 2010, SDTC awarded Ballard up to C$4.8M for a development project under which Ballard has now completed the design, testing and implementation of new sub-systems for its FCvelocity -HD6 power module. The project has improved durability and reliability of the power module as well as reducing its cost.
News For BLDP From The Last 14 Days
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October 1, 2015
05:17 EDTBLDPBallard Power receives purchase order from Aditya Birla in India
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September 28, 2015
08:09 EDTBLDPBallard Power signs $6M joint development agreement and supply agreement
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September 27, 2015
14:41 EDTBLDPBallard signs license, supply agreement with Synergy Hydrogen for roughly $17M
Ballard Power Systems signed a new long-term license and supply agreement with an existing partner in China, Guangdong Synergy Hydrogen Power, to provide fuel cell power products and technology solutions in support of the planned deployment of approximately 300 fuel cell-powered buses in the cities of Foshan and Yunfu, China. The deal has an estimated initial value of $17M through 2016, with the opportunity for "significant" recurring royalties starting in 2017, the company said. The agreement includes supply and sale of fully-assembled fuel cell power modules, ready-to-assemble module kits, a technology license for localization of assembly, supply of proprietary fuel cell stacks and long-term recurring royalties leveraged to unit volumes of locally assembled modules. "This deployment in Foshan will serve as a major competitive advantage for Ballard and our local partners as we seek to bring additional Chinese cities onboard. China's new energy program involves 48 cities that are focused on addressing severe air quality issues, in part through expansion of public transit, with 1,000 clean energy buses to be deployed in each participating city," remarked Ballard CEO Randy MacEwen. The announcement is in addition to Ballard's June announcement regarding the signing of license and supply agreements with Synergy as well as with Nantong Zehe New Energy.
September 24, 2015
08:11 EDTBLDPBallard Power to launch complementary fuel cell power module configurations
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