financetom
Business
financetom
/
Business
/
Ballard Power Systems Announcing 15 MW Order For Stationary Power Market; No Financials Given
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ONGC partners to splash over $6 bn on green energy projects
ONGC partners to splash over $6 bn on green energy projects
Jul 28, 2022
State-owned Oil and Natural Gas Corporation (ONGC) has signed a pact with Greenko, one of India's largest renewable energy companies, to form a 50:50 joint venture for green energy projects.
HCL Tech’s Roshni Nadar to Nykaa’s Falguni Nayar, here are the top 10 richest women in India
HCL Tech’s Roshni Nadar to Nykaa’s Falguni Nayar, here are the top 10 richest women in India
Jul 27, 2022
Kotak Private Banking in collaboration with Hurun Report on Wednesday released the third annual list of India’s wealthiest women entrepreneurs and professional managers. According to the Kotak Private Banking Hurun Leading Wealthy Women List 2021, the cut-off for the list of top 10 wealthiest Indian women is at Rs 6,620 crore; up 22 percent compared to last year. The top 10 list, which includes data up to the end of December 2021, also saw two new entrants. Here’s a countdown to the top 10 wealthiest women featured in the list.
ED attaches Rs 253.6-crore Nirav Modi assets in Hong Kong
ED attaches Rs 253.6-crore Nirav Modi assets in Hong Kong
Jul 22, 2022
With this, the total attached and seized assets tally in the $2-billion PNB scam case stands at Rs 2,650.07 crore, the Enforcement Directorate said. Nirav Modi has been lodged in a London prison since his arrest in March 2019.
Roshni Nadar retains richest woman tag, Falguni Nayar replaces Biocon’s Kiran as wealthiest self-made woman
Roshni Nadar retains richest woman tag, Falguni Nayar replaces Biocon’s Kiran as wealthiest self-made woman
Jul 27, 2022
Kotak Private Banking Hurun - Leading Wealthy Women List 2021 which includes data up to December end 2021, highlighted a significant increase in wealth possessed by Indian businesswomen. According to the new list, Roshni Nadar Malhotra, chairperson of HCL Technologies is India’s wealthiest woman for 2021. In the richest self-made women's list, Kiran Mazumdar-Shaw, head of one of India's largest Pharma majors, was replaced by Nykaa's Falguni Nayar.
Copyright 2023-2026 - www.financetom.com All Rights Reserved