VANCOUVER, BC and HOBRO, Denmark, April 6, 2022 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced it has received Europe’s industry-first Type Approval by DNV, one of the world’s leading classification and certification bodies, for its marine fuel cell module FCwavetm.
The Type Approval marks an important step in commercializing Ballard’s fuel cell technology for marine applications and is key to including fuel cells as part of zero-emission solutions for the marine industry.
The Type Approval process is extensive, involving a series of simulations and tests which were carried out at Ballard’s global Marine Center of Excellence in Hobro, Denmark, where the FCwavetm is developed and manufactured.
“The new classification of FCwavetm has removed a significant roadblock in helping the marine industry deploy zero-emission technologies and meet global emission reduction targets,” says Søren Østergaard Hansen, General Manager, Marine, Ballard Power Systems Europe A/S.“The Type Approval from DNV is highly important in building market confidence in hydrogen fuel cells and validates that FCwavetm is designed, tested, and prepared for installation. The Type Approved FCwavetm module enables us to deliver the first deployment-ready fuel cell solution, capable of helping the marine sector take the next steps in implementing zero-emission operations.
” The International Maritime Organization has set ambitious targets to cut GHG emissions from ships by at least 50% by 2050. The high-power FCwavetm module is a flexible solution that can support the energy needs of various vessel types as well as onshore power.
The scalable 200kW power module offers a plug-and-play replacement for conventional diesel engines. The Type Approval certification confirms the design meets the stringent safety, functional, design, and documentation requirements necessary for global marine commercialization
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. This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries, and deployments.
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 forward-looking statements are based on Ballard’s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
SOURCE Ballard Power Systems Inc.
