Mr. Larry Stapleton reports

BALLARD ANNOUNCES SALES AGREEMENT WITH M-FIELD FOR CLEAN BASELOAD POWER SYSTEMS

Ballard Power Systems Inc. has sold approximately 400 kilowatts of the company's FCgen-1300 fuel cell stack product to M-Field Energy Ltd., a Taiwan-based leader in the development of stationary fuel cell power systems.

M-Field plans to integrate the Ballard fuel cell stacks into multiple 100-kilowatt fuel cell systems designed to provide baseload power as part of a complete hybrid renewable energy solution, in combination with wind turbines or photovoltaic power. These will be deployed throughout Asia in regions where there is demand for zero-emission energy sources as a way of reducing greenhouse gas emissions.

Bin Hsu, M-Field's chief executive officer, said: "Highly reliable fuel cell systems are the ideal way to overcome the issue of intermittent power availability often experienced with other renewable energy sources. Hydrogen and fuel cell technology will play an important role in the widespread adoption of alternative power generation."

Surplus solar or wind energy will be stored in the form of hydrogen, which will subsequently produce power when needed by means of the fuel cell system. Proton-exchange-membrane fuel cell systems, such as Ballard's FCgen-1300, are capable of load following and rapid start-up at a low life cycle cost.

Larry Stapleton, Ballard's vice-president of sales, said: "This sales agreement is a positive reflection of the growing demand for clean fuel cell power solutions in Asia. We are pleased to extend our long-standing relationship with M-Field as it pursues larger-scale fuel cell opportunities in the region."

Ballard has supplied fuel cell stacks to M-Field over the past 10 years, primarily for lower-power backup power systems. Ballard's FCgen-1300 fuel cell stack is a low-cost liquid-cooled proton-exchange-membrane product specifically designed for stationary applications.

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