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Press Release

Ballard Power Systems Announces Order for 3.6 MW of Fuel Cells for Zero Emission Stationary Power

Published by Todd Bush on May 3, 2023

VANCOUVER, BC , May 3, 2023 /PRNewswire/ - 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.

>> In Other News: Bloom Energy Demonstrates Hydrogen Production with the World’s Largest and Most Efficient Solid Oxide Electrolyzer

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."

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.

SOURCE Ballard Power Systems Inc.

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