VANCOUVER and HOBRO,
Denmark, Feb. 2, 2022 /CNW/ - Ballard Power Systems
(NASDAQ: BLDP) (TSX: BLDP) has delivered two, 200 kilowatt (kW)
FCwaveTM modules to Norled A/S (www.norled.no), one of
Norway's largest ferry and express
boat operators. The fuel cell modules will power the world's first
liquid hydrogen-powered ferry, the MF Hydra, later this year.
MF Hydra will be the first hydrogen-powered ship to be approved
by the Norwegian Maritime Directorate, the Norwegian Directorate
for Civil Protection and Emergency Planning (DSB) and DNV. The
vessel has a capacity of up to 300 passengers and 80 cars and will
sail on the triangular route between Hjelmeland-Skipavik-Nesvik in
Norway.
Erlend Hovland, Chief Technology
Officer at Norled A/S says: "This is a pioneering project. It
represents a significant turning point for both Norled A/S and the
rest of the maritime sector. We believe that hydrogen will play a
significant role in the future of zero-emission ships. The delivery
of the fuel cell modules from Ballard enables us to continue our
work to deliver and operate the world's first ferry to be fueled by
liquid hydrogen."
The FCwaveTM modules for Norled A/S have been
designed, manufactured, and tested at Ballard's Marine Center of
Excellence in Hobro, Denmark. The
two FCwaveTM marine fuel cell modules have been approved
by DNV, one of the world's leading classification and certification
bodies. The approval of the two modules confirms that the design of
FCwaveTM conforms to recognized marine industry quality
and safety standards and regulations, as well as international
conventions.
Søren Østergaard Hansen, General Manager, Marine and Stationary,
Ballard Power Systems Europe A/S adds: "The handover of the
FCwaveTM modules to Norled A/S marks an important
milestone for Ballard and demonstrates that hydrogen fuel cells are
out of the starting blocks and on the way to lead in zero-emission
technologies for the marine industry. Through the experience gained
in projects with Norled A/S and other marine partners, we have
taken a big step towards the goal of receiving the official Type
Approval from DNV, which will certify that the FCwaveTM
has met the functional, design, documentation and safety
requirements necessary for global marine commercialization."
The Norwegian government has introduced its action plan for
green shipping with an ambitious goal to reduce emissions from
domestic shipping and fishing vessels by 50 percent by 2030. This
also included the introduction of requirements for zero-emission
cruise ships and ferries in its World Heritage Fjords no later than
2026. This will make the fjords the world's first zero-emission
zone at sea.
Hydrogen fuel cell systems are a viable zero-emission pathway
for ferry operators and Ballard's fuel cell modules offer a
compelling value proposition for the marine market in: (i) design
flexibility, including modular components and scalable power (from
200kW to MWs) to support vessel propulsion, auxiliary power and/or
system redundancy; (ii) extended range, proportionate to the volume
of energy-rich liquid hydrogen fuel stored on board a vessel; and
(iii) positive economics, underpinned by the compatibility of fuel
cell DC power with battery hybrid electric architectures.
ABOUT BALLARD POWER SYSTEMS
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to
deliver fuel cell power for a sustainable planet. Ballard
zero-emission PEM fuel cells are enabling electrification of
mobility, including buses, commercial trucks, trains, marine
vessels, passenger cars and forklift trucks. To learn more about
Ballard, please visit www.ballard.com.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements concerning the
development and delivery of fuel cell products and Norled A/S's use
of such products, and the benefits and anticipated market adoption
of them by CP and others. These forward-looking statements reflect
Ballard's current expectations as contemplated under section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Any such statements
are based on Ballard's assumptions relating to its financial
forecasts and expectations regarding its product development
efforts, manufacturing capacity, and market demand. For a detailed
discussion of the factors and assumptions that these statements are
based upon, and factors that could cause our actual results or
outcomes to differ materially, please refer to Ballard's most
recent management discussion & analysis. Other risks and
uncertainties that may cause Ballard's actual results to be
materially different include general economic and regulatory
changes, detrimental reliance on third parties, successfully
achieving our business plans and achieving and sustaining
profitability. For a detailed discussion of these and other risk
factors that could affect Ballard's future performance, please
refer to Ballard's most recent Annual Information Form. These
forward-looking statements are provided to enable external
stakeholders to understand Ballard's expectations as at the date of
this release and may not be appropriate for other purposes. Readers
should not place undue reliance on these statements and Ballard
assumes no obligation to update or release any revisions to them,
other than as required under applicable legislation.
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SOURCE Ballard Power Systems Inc.