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Ballard Power Systems Inc
Symbol BLDP
Shares Issued 282,078,177
Close 2021-02-01 C$ 45.70
Recent Sedar Documents

Ballard receives fuel cell order from Solaris Bus

2021-02-02 11:27 ET - News Release

Mr. Rob Campbell reports

BALLARD ANNOUNCES FOLLOW-ON ORDERS FOR FUEL CELL MODULES TO POWER 10 SOLARIS BUSES IN EUROPE

Ballard Power Systems has received purchase orders from Solaris Bus & Coach SA, a leading European bus and trolleybus manufacturer and Ballard partner headquartered in Bolechowo, Poland, for 10 Ballard FCmove fuel cell modules to power 10 fuel cell electric buses in the Netherlands. Ballard plans to ship the modules in 2021.

Ballard fuel cell modules will power 10 Solaris Urbino 12 hydrogen buses planned for deployment with Arriva Nederland in the province of Gelderland, the Netherlands, later in 2021. These will replace diesel buses currently in service and are expected to cumulatively travel over one million kilometres (620,000 miles) per year.

Each of the single-decker Solaris Urbino 12 hydrogen buses is 12 metres (40 feet) long, has 37 seats and total capacity for 85 people, and is capable of traveling 350 kilometres (210 miles) on a single hydrogen refueling. The buses are designed for maximum passenger comfort and security, with amenities that include air conditioning, a modern passenger information system, built-in USB charging points, wheelchair access and CCTV cameras.

Rob Campbell, Ballard chief commercial operator, said: "With the deployment of these 10 buses, Ballard modules will be powering a total of 67 Solaris buses in The Netherlands, Germany and Italy. The order we are announcing today is indicative of the growing European and global adoption of zero-emission fuel cell electric buses, driven by recognized benefits such as range, route flexibility, fast refueling and scalability of refueling infrastructure, which all contribute to a competitive total cost of ownership, or TCO, in comparison to other zero-emission bus solutions."

Partial financing for the Netherlands deployment is being provided through Europe's joint initiative for hydrogen vehicles across Europe financing programs, which is intended to pave the way to commercialization of FCEBs by co-ordinating procurement activities to unlock economies-of-scale and reduce costs as well as supporting new hydrogen refueling stations. Results of the JIVE programs are expected to demonstrate the technical readiness of FCEBs to bus operators and the economic viability of hydrogen as a zero-emission bus fuel to policy makers. The JIVE programs are supported by a total of 57 million euros in grants from the fuel cells and hydrogen joint undertaking.

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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