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Ballard Signs Supply Agreement With Norled for Fuel Cell Modules to Power Ferry in Norway
Ballard Signs Supply Agreement With Norled for Fuel Cell Modules to Power Ferry in Norway ...
About this update from Ballard Power Systems Inc.
[{"type":"text","content":"\n\n\n\nBallard Signs Supply Agreement With Norled for Fuel Cell Modules to Power Ferry in Norway\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER and HOBRO, Denmark, April 9, 2019\n\n\n\nVANCOUVER and HOBRO, Denmark, April 9, 2019 /CNW/ - Ballard Power Systems Europe A/S – a subsidiary of Ballard Power Systems, Inc. (NASDAQ: BLDP; TSX: BLDP) – today announced that it has signed an Equipment Supply Agreement (ESA) with Norled A/S (Norled; www.norled.no/en), one of Norway's largest ferry and express boat operators, to provide two of the Company's next-generation 200 kilowatt (kW) modules that will be used to power a hybrid ferry planned to begin operating in 2021. The Ballard modules will be designed and manufactured at the Company's new Marine Center of Excellence at its facility in Hobro, Denmark.\n\n \n \n\n \nThe Norled vessel – which has carrying capacity for up to 299 passengers and 80 cars – is expected to be the first liquid hydrogen fuel cell-powered ferry in commercial operation globally.\nThe Administration Director of Norwegian Public Roads, Terje Moe Gustavsen said, \"Hydrogen will be the last piece in order to get zero-emissions in the ferry sector. Hydrogen is the solution where electric operation alone is not possible.\"\nIngvald Løyning, Norled's Chairman added, \"On behalf of Norled, I am both proud and humble to be a part of this pioneer project. This represents a green historical turning point for both Norled and the rest of the maritime sector.\"\nJesper Themsen, President and CEO of Ballard Power Systems Europe A/S noted, \"Norway's government has demonstrated leadership by enforcing the phasing in of low and zero-emission solutions in its marine industry by 2030, including the introduction of requirements for zero-emission tourist ships and ferries in its world heritage fjords by no later than 2026. For many of the 100 high speed ferries operating on routes in Norway, however, battery powered propulsion is not practical due to the associated weight and long recharging time r...