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Ballard Power Systems Announcing 15 MW Order For Stationary Power Market; No Financials Given
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Ballard Power Systems Announcing 15 MW Order For Stationary Power Market; No Financials Given
Mar 5, 2024 5:59 AM

08:38 AM EST, 03/05/2024 (MT Newswires) -- Ballard Power Systems ( BLDP ) announced Tuesday an order for 15 megawatts (MW) of fuel cell systems from a UK-based company specializing in renewable off-grid power generation. According to a statement, Ballard expects to deliver 150 x FCmove-HD+ 100 kW systems beginning in late 2024 and continuing through 2025. No financials were given.

Tuesday's statement said the current order of 15 MW of fuel cell systems follows prior cumulative orders for roughly 5 MW of fuel cell systems from this customer, "illustrating substantial growth in Ballard's supply relationship and the proven performance of Ballard's fuel cell technology in stationary power applications". It added the purchase order is the first order under a new multi-year supply agreement. And the agreement also provides the customer an option to purchase up to an additional 296 systems by March 2026, which, if fully exercised, would bring the total number of systems ordered to 446.

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