Initiative Includes Deployment of Fuel Cell Hybrid Delivery Truck and Hydrogen Refueling System
Purolator Courier Ltd. a Canadian courier company has contracted with Hydrogenics Corporation (Nasdaq: HYGS; TSX: HYG), a designer and manufacturer of hydrogen and fuel cell systems, to develop and deploy a fuel cell hybrid delivery van and an on-site hydrogen refueling system as part of their "Greening the Fleet" initiative. During this two-year initiative, Hydrogenics will develop a fuel cell/battery electric propulsion system that will be integrated into a hybrid-electric Vehicle produced by Azure Dynamics. Purolator will use the vehicles in its delivery fleet.
Hydrogenics will also develop and commission a PEM hydrogen generation and refueling system using its proprietary PEM electrolysis technology, which generates hydrogen from water using renewable energy, such as wind power. This refueling station will be located at one of Purolator's depots in the Greater Toronto Area, where it will potentially become one part in Toronto's emerging hydrogen refueling infrastructure.
"Fleet applications such as this represent an early-adopting market for fuel cells primarily because fleets typically return daily to a central depot where an appliance can easily refuel them," explains Pierre Rivard, President and CEO. "What's unique about this contract is that Hydrogenics' proprietary technology is providing a complete solution, from the fuel cell power for the van to the hydrogen refuelling appliance."
The initiative is being partially funded through the Canadian Transportation Fuel Cell Alliance (CTFCA), a $23-million Canadian partnership initiative with the Government of Canada to demonstrate and evaluate various fuelling options for fuel-cell vehicles in Canada.