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Ballard Power Systems Inc
Symbol BLDP
Shares Issued 279,697,591
Close 2020-12-11 C$ 24.30
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Ballard, Eltek Nordic to work on telecom backup power

2020-12-14 00:22 ET - News Release

Mr. Jesper Themsen reports

BALLARD AND ELTEK NORDIC TO COLLABORATE ON FUEL CELL BACKUP POWER SYSTEMS FOR COMMUNICATION NETWORKS

Ballard Power Systems Inc. has signed a collaboration agreement with Eltek Nordic -- a power conversion company headquartered in Drammen, Norway, and part of Delta, a global leader in power electronics, automation and infrastructure -- to provide reliable backup power solutions for telecom networks and other critical communication infrastructure, with a focus on Nordic countries, primarily Norway, Denmark and Iceland. The collaboration announced today will utilize Ballard's FCgen-H2PM fuel cell backup power system.

Ballard and Eltek have a long-standing commercial relationship, having sourced products from each other for a number of years. The companies recently collaborated on a project at Trollstigen in the mountains of Norway, installing an off-grid power solution that integrates solar, wind, fuel cells and batteries to ensure continuous operation and connectivity of a remote telecom network site.

Jesper Themsen, president and chief executive officer of Ballard Power Systems Europe A/S, said: "Telecom and critical communication infrastructure require a highly reliable power supply, including backup power capability in the event of grid outages. With Ballard's history and expertise in fuel cell backup power systems, we are delighted to enter into this collaboration agreement with Eltek Nordic, a leading global power solutions provider, for delivery of zero-emission backup power systems to ensure uninterrupted power supply for telecom and other networks."

Ulf Ellingsen, sales director for Eltek Nordic, noted: "Eltek Nordic delivers integrated power solutions for telecom and other critical communications infrastructure, all built around our core power conversion technology. Since hydrogen fuel cells offer a strong value proposition for backup power requirements, we are very pleased to collaborate with Ballard, the leader in PEM fuel cell products, and, with its subsidiary operation in Denmark, Ballard will be virtually local to Eltek projects in Norway, Denmark and Iceland."

As providers of extensive fibre broadband networks for telecommunications services, Nordic countries require reliable backup power systems that ensure continuous connectivity, even in the event of grid failures. Ballard's hydrogen-fuelled 1.7-kilowatt and five-kilowatt FCgen-H2PM backup power systems provide low cost, flexibility and high reliability:

  • Low cost: competitive total cost of ownership is underpinned by an extensive 15-year product lifetime;
  • Flexibility: modular design ensures a fit with various site configurations, and scalability supports power requirements up to 60 kilowatts and beyond;
  • No risk: high reliability in excess of 99 per cent, tolerance to a wide range of temperatures (from minus 40 C to plus 46 C), and an intelligent architecture with predictive maintenance system and automated self-testing design for deployment in unmanned locations.

About Ballard Power Systems Inc.

Ballard Power Systems' 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, passenger cars and forklift trucks.

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