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Ballard Power Systems (BLDP)

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Ballard Signs Service Contract Extension With Daimler For Hamburg Fuel Cell Buses

7/28/08- VANCOUVER, BRITISH COLUMBIA (NASDAQ: BLDP) today announced that it has signed a two-year service agreement with Daimler AG, under which Ballard will continue providing a full service support package for fuel cell systems on six Mercedes-Benz Citaro buses. This is the third service contract awarded to Ballard for these buses, which are currently used in revenue producing service in the city of Hamburg, Germany.

 "The Hamburg Citaro bus service contract is a significant milestone for our work in the fuel cell bus arena," said John Sheridan, Ballard's President and CEO. "These Hamburg vehicles are the largest fleet of fuel cell buses in operation anywhere today, and 2010 will be the fleet's eighth year of operation - the longest of any fuel cell bus fleet to date. This is positive evidence of the reliability of our fuel cell bus products."

The Hamburg buses are powered by Ballard-designed P5 fuel cell engines. Two of Ballard's Mark902 HD fuel cell modules, with a total power output of 300 kW's, are installed on the roof of each bus together with other equipment needed to manage the entire fuel cell system. Ballard will provide a number of services in support of all fuel cell components, including: repair and logistics; provision of spare parts, as needed; plus remote and on-site technical services. Each bus is also equipped with a hydrogen fuel storage tank and the city of Hamburg maintains a central fueling facility for the fleet.

Fuel cell buses offer a number of advantages over diesel buses, including: zero tail pipe emissions; significant reduction in greenhouse gas emissions on a well-to-wheels basis; reduced future operating cost; high level of reliability; noise reduction; and improved performance.

Ballard fuel cell modules have provided power for buses in revenue service across 15 cities in 12 countries around the world. These buses have traveled over 2.0 million kilometers (1.2 million miles) and have carried in excess of 7 million passengers. The company is currently developing a next-generation fuel cell bus module, called HD6, which will be supplied for the BC Transit 2010 Olympic Bus Program and the London Bus Program.

Hamburg is a fuel cell demonstration centre under the German government's National Innovation Programme (NIP). Goals of the NIP are to generate environmental benefits through reduced (or zero) emissions, increase energy supply through the use of various sources of hydrogen and achieve economic growth by means of innovative and sustainable technologies.

Ballard Power Systems and ACME Group Sign Multi-Year Fuel Cell Supply Agreement for Wireless Telecom Backup Power Solution
May 8, 2008

VANCOUVER, BRITISH COLUMBIA (NASDAQ: BLDP), a world leader in clean energy fuel cell products, today announced that it has signed a multi-year supply agreement with an affiliate of the ACME Group (ACME), a leading provider of telecommunications infrastructure solutions in India, to provide fuel cells for backup power in the wireless telecom market.

The supply agreement imposes mutual exclusivity on both companies for the India wireless telecom backup power market through 2010, subject to certain conditions. Although the agreement does not specify minimum volumes, in order to maintain its right to exclusivity, ACME must order at least 22.7 megawatts (MW) of fuel cell products through 2010, specifically 0.1 MW, 3.3 MW and 19.3 MW in 2008, 2009 and 2010, respectively. Ballard will supply the company's existing Mark1020(TM) ACS fuel cell product as well as a new liquid-cooled reformate-capable fuel cell product currently in development, in sizes ranging from the sub-kilowatt level to 7 kilowatts. ACME will begin systems design work immediately to integrate Ballard's fuel cell products for trials beginning in early 2009, with initial deployments planned later that year.

John Sheridan, President and CEO of Ballard, said, "The need for extended runtime capability throughout wireless networks in India is acute, given the unreliable electricity grid in that country combined with the tremendous growth rate in telecom services. This agreement with ACME, a highly capable and knowledgeable partner with a leading share of the India telecom infrastructure solutions market, positions Ballard with a strong lead customer. The agreement will help accelerate fuel cell product adoption."

Fuel cell-powered systems offer more reliable and cleaner backup power alternatives than incumbent technologies. This is valuable in India where many towns and cities experience an average of four to six hours of daily power outages. While Ballard's Mark1020 ACS fuel cell product is commercially available today, an additional liquid-cooled fuel cell product capable of operating with reformed fuel will maximize the size of the addressable market.

"Fuel cell backup power systems offer an excellent value proposition to telecom service providers," said Manoj Upadhyay, CEO of the ACME Group. "The quality of Ballard's fuel cell products gives us a strong foundation on which to build a leading fuel cell market position over the next few years."

The ACME Group is a leader in the field of innovative solutions for the wireless telecom industry, cold chain management systems, alternate energy and waste water treatment. To learn more about the Acme Group, visit

Raymond Corp and Ballard Power Sign Joint Development Agreement for Fuel Cell Lift Truck Research and Development
April 21, 2008 - 12:00 PM EDT

The Raymond Corporation, a leading North American manufacturer of materials handling solutions, has signed a joint development agreement with Ballard Power Systems (TSX: BLD)(NASDAQ: BLDP), a world leader in zero-emission hydrogen fuel cells, to commence research on lift truck designs, with the goal of developing a prototype using the next-generation of Ballard's Mark9 SSL(TM) fuel cell product technology to power Raymond® lift trucks.

"Raymond is committed to demonstrating the advantages that hydrogen fuel cells can offer the materials handling industry," says James Malvaso, president and CEO for The Raymond Corporation. "This partnership will further enhance our research into fuel cell-powered lift trucks and help uncover additional value related to the merging of these technologies."

The Raymond Corporation began a three-year research program of hydrogen fuel cells in January 2007 by using Raymond's Greene manufacturing facility as a "living lab". The research includes using hydrogen fuel cell-powered Raymond® lift trucks in real applications including an indoor, fast-fill hydrogen refueling system.

Advantages of a fuel cell solution over batteries have been shown to include: increased uptime; consistent power; longer runtime; and elimination of battery storage. These advantages create tangible economic and operational benefits. In addition, fuel cells are a clean technology, producing zero emissions while removing the need to handle and dispose of lead acid batteries.

"We are pleased to partner with an important materials handling equipment manufacturer of Raymond's caliber," says John Sheridan, president and CEO of Ballard. "Raymond has a deep understanding of end-user needs, and we believe that a successful prototype could represent the first important step toward purpose-built fuel cell lift trucks."

Ballard and Heliocentris Sign Supply Agreement for Mark1020 ACS(TM) Fuel Cell Products
April 18, 2008 - 3:05 AM EDT

Ballard Power Systems (TSX: BLD)(NASDAQ: BLDP) today announced it has signed a supply agreement with German systems integrator Heliocentris Fuel Cells AG, under which Ballard will supply Mark1020 ACS(TM) air-cooled fuel cell products for integration by Heliocentris into demonstration and teaching systems for sale to educational institutions as well as for specialized commercial and industrial use.
William Foulds, Ballard's Vice President of Sales, stated, "Heliocentris' capability and experience in systems integration combined with their significant exposure to the post-secondary education market will help ensure a high-profile and successful presence for Ballard among the next generation of highly capable scientists and engineers."

Heliocentris will display its first prototype system incorporating the Mark1020 ACS(TM) fuel cell product at the 2008 Hannover Messe event. Fuel cell systems will be available from Heliocentris for purchase beginning fourth quarter of 2008. Heliocentris foresees the system being applicable for educational institutions as well as industrial niche applications. The three-year supply agreement is expected to generate a minimum of 350 Mark1020 ACS(TM) fuel cell units shipped to Heliocentris over the term of the agreement.

"Ballard's technology has proven itself in terms of performance, reliability and ease of integration," said Dr. Henrik Colell, Chief Executive Officer of Heliocentris. "The Mark1020 ACS(TM) is the best choice for our next generation system platforms that will feature flexible integration into various applications and a wide operating temperature range."
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BLDP News: Report of Foreign Issuer (6-k) 08/03/2017 01:18:51 PM
BLDP News: Report of Foreign Issuer (6-k) 08/03/2017 06:06:32 AM
BLDP News: Ballard Reports Q2 2017 Results 08/02/2017 06:34:00 PM
BLDP News: Ballard Reports Q2 2017 Results 08/02/2017 06:34:00 PM
BLDP News: Report of Foreign Issuer (6-k) 07/19/2017 02:40:01 PM
#2204  Sticky Note Ballard Closes Transaction With Broad-Ocean For Fuel Cell Dadx4 04/06/17 08:28:56 PM
#2247   KABBUMMM SOON?? $3+ BY END OF WEEK? iHub Time Traveler 08/15/17 12:17:53 PM
#2246   looks like Ballard is seting up for a iHub Time Traveler 08/15/17 12:16:39 PM
#2245   Ballard has far and away the most robust tykundegex 08/14/17 03:38:00 PM
#2244   Because fuel cell technology is still in developmental Parapraxis 08/14/17 10:14:02 AM
#2243   do you have any idea why BLDP Inst. iHub Time Traveler 08/14/17 10:05:56 AM
#2242   very true! $3.50 coming for the next weeks.. IMO iHub Time Traveler 08/14/17 10:00:30 AM
#2241   Buying opportunity right now. Parapraxis 08/11/17 05:02:15 PM
#2240   PPS $30 by year 2020 ~ 2022 iHub Time Traveler 08/08/17 02:29:02 PM
#2239   I bought this LONG and see a gradual Ben Lurkin 08/08/17 02:12:23 PM
#2238   I am predicting Q3 with profit numbers iHub Time Traveler 08/08/17 02:06:09 PM
#2237   This company is making steady progress. A Ben Lurkin 08/08/17 08:50:47 AM
#2236   Ballard Reports Q2 2017 Results; Dadx4 08/02/17 08:56:52 PM
#2235   Good quarter numbers as well as good outlook. icecreamman 08/02/17 08:11:00 PM
#2234   Ballard Announces Second Quarter 2017 Conference Call Flanker100 07/26/17 03:18:05 PM
#2233   someone know what is the date for the iHub Time Traveler 07/26/17 01:25:13 PM
#2232   Ballard to Supply 5 Fuel Cell Engines to Dadx4 07/18/17 09:41:33 AM
#2231   I'm in at $3.00 so I was glad icecreamman 07/13/17 09:16:14 AM
#2230   I added last week and was happy to Parapraxis 07/12/17 09:36:20 PM
#2229   I'm guessing that investors seen a bottom a icecreamman 07/12/17 06:30:04 PM
#2228   Does anyone know what moved this today? Parapraxis 07/12/17 05:52:04 PM
#2227   Ballard's Protonex Subsidiary Receives First Order For Fuel Flanker100 06/14/17 06:31:21 AM
#2226   TIME TRAVELER PREDICTIONS!!! ALLWAYS AND FOREVER iHub Time Traveler 06/10/17 08:36:56 AM
#2225   6$ BY END OF YEAR!!! iHub Time Traveler 06/10/17 08:36:29 AM
#2224   Ballard TO THA MOON!!! iHub Time Traveler 06/10/17 08:36:12 AM
#2223   BLDP---GLTU/A! Dadx4 06/06/17 05:46:52 PM
#2222   Congrats to the long terms bulls here on Ballard. Ecomike 06/06/17 10:15:42 AM
#2221   Ballard Awarded $18M Follow-On Deal With Broad-Ocean To Dadx4 06/05/17 06:43:44 PM
#2219   Kenworth Truck with Ballard inside!! Flanker100 05/03/17 10:07:02 AM
#2218   * * $BLDP Video Chart 05-02-17 * * ClayTrader 05/02/17 05:20:55 PM
#2217   I am so happy with this thing. Ben Lurkin 05/01/17 12:03:50 PM
#2216   Ballard Appoints Rob Campbell As Chief Commercial Officer Dadx4 05/01/17 06:35:58 AM
#2215   BLDP---Strong move off of the $2 area---GLTA! Dadx4 04/28/17 04:37:51 PM
#2213   Ballard Signs Further Follow-On Technology Solutions Agreement With Dadx4 04/28/17 07:49:32 AM
#2212   Nice spike this morning! bagwa-john 04/27/17 10:40:19 AM
#2211   no surprise news here. Those guys are uksausage 04/25/17 08:54:23 PM
#2210   Ballard's Protonex Subsidiary Powers Successful Test Flights of Dadx4 04/25/17 05:53:37 PM
#2209   Already over 3 dollars after hours on this bagwa-john 04/25/17 05:28:43 PM
#2208   * * $BLDP Video Chart 04-17-17 * * ClayTrader 04/17/17 04:16:41 PM
#2207   * * $BLDP Video Chart 04-13-17 * * ClayTrader 04/13/17 04:15:06 PM
#2206   It's coming. Here's an idea of just one Dadx4 04/12/17 03:54:05 PM
#2205   ! Let the public opinion on green energy bagwa-john 04/07/17 01:12:28 AM
#2204   Ballard Closes Transaction With Broad-Ocean For Fuel Cell Dadx4 04/06/17 08:28:56 PM
#2203   BLDP---Up 30% in the past month---GLTA! Dadx4 04/06/17 04:56:03 PM
#2202   VANCOUVER and ZHONGSHAN, China, April 5, 2017 /CNW/ qqbmed 04/06/17 08:49:55 AM
#2201   BLDP---GLTA! Dadx4 04/05/17 09:38:41 AM
#2200's refreshing. I don't see "Real" very often. Ben Lurkin 03/16/17 04:45:17 PM
#2199   BLDP Real company--Real potential! Dadx4 03/16/17 04:43:49 PM
#2198   Slow and steady --- I'm loving it. Ben Lurkin 03/16/17 04:41:47 PM
#2197   Slow climb back to good green is good. bagwa-john 03/16/17 01:28:31 PM
#2196   Thanks for the report. Still looking for Ben Lurkin 03/14/17 08:38:59 PM