Ballard Power Systems (BLDP, BLD.TO) said Thursday that it has received purchase orders for 102 fuel cell power generation systems to be delivered to the company's new Southeast Asian distributor, Cascadiant Inc.
The systems will be deployed in the networks of two wireless telecom customers in Indonesia, to provide reliable and cost-effective backup power in the event of grid outages.
Ballard recently closed a transaction to acquire select assets from IdaTech, its customer for the past several years. The assets included product lines, distributor agreements and customer contracts.
Ballard had been supplying FCgen-1020ACS fuel cell stacks for use in IdaTech systems, as that company developed markets, built key customer relationships and demonstrated the commercial robustness of its direct hydrogen and methanol fuelled products.
The transaction, along with Ballard's Dantherm Power hydrogen systems, has enabled establishment of a comprehensive portfolio of fuel cell power generation products for backup and continuous power.
The purchase orders for 102 systems include direct hydrogen ELECTRAgenTM-H2 systems, to be deployed in the network of an Indonesian service provider in order to meet 'short duration runtime backup power' requirements.
In addition, the purchase orders include methanol fuelled ELECTRAgenTM-ME systems to be deployed in the network of a different Indonesian service provider in order to meet 'extended duration runtime backup power' needs.
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