Ballard Power Systems (Toronto:BLD.TO; NasdaqGM:BLDP), an industry leader in fuel cell development and IdaTech plc, a global leader in integrated fuel cell system solutions announced they have signed a supply agreement under which Ballard will provide fuel cells for integration into IdaTech’s next generation power supply.
The three-year agreement is for approximately 100 of Ballard’s Mark1020ACS(TM)fuel cells to be used in IdaTech’s 250-watt iGen(TM) power supply in the first year, with the potential for more than 1,000 units over the full term of the agreement, according to a release.
The companies say auxiliary and backup power solutions based on fuel cell technology deliver a number of significant advantages over conventional batteries and diesel generators, including: higher reliability over a wide range of operating conditions; lower maintenance costs; longer operating life; reduced size, weight, installation footprint and environmental impact.
IdaTech’s power supply is designed as an auxiliary power unit for a number of applications, potentially including recreational vehicles and telecommunications backup power.
"This agreement marks the initiation of a strategic partnership with Ballard, the leading provider of fuel cells in commercial markets like auxiliary and backup power," said Hal Koyama, IdaTech’s CEO.
About Ballard Power Systems
Ballard Power Systems is recognized as a leader in the design, development, manufacture and sale of zero-emission hydrogen fuel cells. Ballard’s mission is to accelerate fuel cell market adoption.
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