Ballard announces purchase order to supply 200 fuel cell engines to New Flyer
Ballard Power Systems has received a purchase order for 200 fuel cell engines from New Flyer, representing approximately 20 MW of power. This is the second order under their January 2024 long-term supply agreement, doubling the previous order of 100 engines. The engines, scheduled for delivery in 2025, will power New Flyer's Xcelsior CHARGE FC™ hydrogen fuel cell buses for deployment across multiple US states including California, Washington, Arizona, Nevada, and New York.
Ballard Power Systems ha ricevuto un ordine di acquisto per 200 motori a celle a combustibile da New Flyer, rappresentando circa 20 MW di potenza. Questo è il secondo ordine nell'ambito del contratto di fornitura a lungo termine del gennaio 2024, raddoppiando l'ordine precedente di 100 motori. I motori, previsti per la consegna nel 2025, alimenteranno gli autobus a celle a combustibile a idrogeno Xcelsior CHARGE FC™ di New Flyer da utilizzare in vari stati degli Stati Uniti, tra cui California, Washington, Arizona, Nevada e New York.
Ballard Power Systems ha recibido un pedido de compra de 200 motores de celdas de combustible de New Flyer, lo que representa aproximadamente 20 MW de potencia. Este es el segundo pedido bajo su contrato de suministro a largo plazo de enero de 2024, duplicando el pedido anterior de 100 motores. Los motores, programados para entrega en 2025, alimentarán los autobuses de celdas de combustible de hidrógeno Xcelsior CHARGE FC™ de New Flyer para su implementación en varios estados de EE. UU., incluyendo California, Washington, Arizona, Nevada y Nueva York.
발라드 파워 시스템즈는 뉴 플라이어로부터 200개의 연료전지 엔진에 대한 구매 주문을 받았습니다. 이는 약 20MW의 전력을 나타냅니다. 이는 2024년 1월 장기 공급 계약에 따른 두 번째 주문으로, 이전의 100개 엔진 주문을 두 배로 늘린 것입니다. 이 엔진은 2025년에 배송될 예정이며, 뉴 플라이어의 수소 연료전지 버스인 Xcelsior CHARGE FC™에 전력을 공급하여 캘리포니아, 워싱턴, 애리조나, 네바다, 뉴욕 등 여러 미국 주에서 배치될 예정입니다.
Ballard Power Systems a reçu une commande d'achat pour 200 moteurs à hydrogène de New Flyer, représentant environ 20 MW de puissance. Il s'agit de la deuxième commande dans le cadre de leur contrat de fourniture à long terme de janvier 2024, doublant la commande précédente de 100 moteurs. Les moteurs, dont la livraison est prévue en 2025, alimenteront les autobus à hydrogène Xcelsior CHARGE FC™ de New Flyer, qui seront déployés dans plusieurs États américains, notamment la Californie, Washington, l'Arizona, le Nevada et New York.
Ballard Power Systems hat einen Kaufauftrag über 200 Brennstoffzellenmotoren von New Flyer erhalten, was etwa 20 MW Leistung entspricht. Dies ist die zweite Bestellung im Rahmen ihrer langfristigen Liefervereinbarung vom Januar 2024, die die vorherige Bestellung von 100 Motoren verdoppelt. Die Motoren, die für die Lieferung im Jahr 2025 geplant sind, werden die Wasserstoff-Brennstoffzellenbusse Xcelsior CHARGE FC™ von New Flyer antreiben, die in mehreren US-Bundesstaaten einschließlich Kalifornien, Washington, Arizona, Nevada und New York eingesetzt werden sollen.
- Secured order for 200 fuel cell engines, double the size of previous order
- 20 MW total power capacity order for 2025 delivery
- Geographic expansion across multiple US states
- Strengthening of long-term supply agreement with major bus manufacturer
- None.
Insights
This significant order of 200 fuel cell engines from New Flyer represents a major commercial milestone for Ballard Power Systems, doubling their previous order of 100 engines. The deal, valued at approximately
The geographic diversity of deployment across multiple U.S. states (California, Washington, Arizona, Nevada and New York) indicates broad market penetration and growing adoption of hydrogen fuel cell buses. This expanded order strengthens Ballard's position in the zero-emission transit market and provides clear revenue visibility for 2025. The repeat order from a major customer like New Flyer validates the technology's reliability and performance, potentially catalyzing additional orders from other transit operators.
The expanded order highlights several key technological advantages of hydrogen fuel cell buses:
- Extended operational range compared to battery-electric alternatives
- Quick refueling capabilities
- All-weather performance reliability
- High vehicle availability
The order of 200 fuel cell engines, representing a total of approximately 20 MW of power, is the second purchase order under the long-term supply agreement announced in January 2024, and double the first purchase order of 100 engines under this agreement. Delivery of the 200 engines is planned for 2025 and will power New Flyer's next generation Xcelsior CHARGE FC™ hydrogen fuel cell buses for deployment across the US, including
"We are thrilled to strengthen our partnership with Ballard and bring cutting-edge zero-emission fuel cell buses to the market," said David White, Executive Vice President, Supply Management, NFI. "As more transit operators transition to zero-emission fleets, they are increasingly adopting fuel cell technology to meet their goals. We are committed to supporting our customers through their journey to sustainability."
"We are very excited by the continued partnership with New Flyer and their growth in demand for fuel cell engines," said David Mucciacciaro, Ballard's Chief Commercial Officer. "This order demonstrates New Flyer's continued confidence in the performance of Ballard's fuel cell engines and the growing market interest in the value proposition of hydrogen fuel cell buses, including long range, rapid refueling times, performance in all weather conditions, and high availability."
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, and stationary power. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning anticipated product deliveries, customer deployments, and customer benefits and market adoption of our products. 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.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including 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. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation.
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SOURCE Ballard Power Systems Inc.
FAQ
How many fuel cell engines did Ballard (BLDP) sell to New Flyer in their latest order?
When will Ballard (BLDP) deliver the 200 fuel cell engines to New Flyer?
Which US states will deploy New Flyer buses powered by Ballard (BLDP) fuel cells?
How does this order compare to Ballard's (BLDP) previous order from New Flyer?
