Ballard lands order for 102 fuel cell units in Indonesia
Aug 17, 2012 - Canadian fuel cell maker Ballard Power Systems (TSE:BLD) said Thursday it had won a deal to supply two wireless telecommunications providers in Indonesia with 102 of its fuel cell power generation systems.
The units, which will be delivered by Ballard’s Southeast Asian distributor Cascadiant Inc, will be used to increase the reliability of the telecoms’ services in case of power outages.
The 102 systems to be sold in Indonesia include direct hydrogen ELECTRAgen-H2 systems, to be used by a local service provider to offset short-time power shortages. The rest of the order includes methanol fuelled ELECTRAgen-ME systems to be used by another Indonesian sector firm to secure backup power for extended periods of time.
The agreement was signed soon after Ballard acquired a number of assets from one of its long-time customers, US-based backup power solutions provider IdaTech. The assets included product lines, customer contracts and distributor agreements, such as the deal with Cascadiant.