Search form

    Ballard Inks $11M Deal With Broad-Ocean For 200 Fuel Cell Engines in China Market

  • Apr 05, 2017

    Ballard Power Systems announced that it has entered into a definitive equipment supply agreement with Zhongshan Broad-Ocean Motor Co., Ltd. ("Broad-Ocean"; www.broad-ocean.com/en/index.html) for the supply and delivery of 200 FCveloCity® fuel cell engines to be used in demonstrations of clean energy buses and commercial vehicles in key Chinese cities. The engines will be manufactured and supplied by Ballard from its operations in British Columbia, with shipments scheduled for 2017. The deal value is approximately $11 million.

    "We are working to close the strategic technology transfer, licensing and supply deal with Broad-Ocean that we announced in February, under which Broad-Ocean plans to set up three module assembly operations in China," said Randy MacEwen, Ballard President and CEO. "Once closed, we will work to execute terms of the deal this year. In parallel, Broad-Ocean plans to seize early market demand for fuel cell buses and commercial vehicles in strategic demonstration projects in key Chinese cities. As a result, we will supply Broad-Ocean with 200 fuel cell modules in 2017 to support these initial projects. This $11 million order will be incremental to the expected $25 million value of the technology transfer deal."

    Founded in 1994, Broad-Ocean is headquartered in the City of Zhongshan in Guangdong Province and is listed on the Shenzhen Stock Exchange. The Company is a leading global manufacturer of motors that power small and specialized electric machinery for electric vehicles (EVs), including buses, commercial vehicles and passenger vehicles, and for heating, ventilation and air conditioning (HVAC). Broad-Ocean produces more than 50 million motors annually for customers on 5 continents. On August 18, 2016 Broad-Ocean became Ballard's largest shareholder following an investment of $28.3 million in Ballard common shares, representing approximately 9.9% of Ballard's outstanding common shares following the transaction.

    About Ballard Power Systems
    Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit www.ballard.com.

  • Industry News

    Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has joined the Continental Automated Building Association (CABA), a global not-for-profit group dedicated to the advancement of connected home and intelligent building technology. Fulham has been developing standalone intelligent lighting management systems to supplement the company’s comprehensive line of LED lighting products.

    With the water battery, Max Bögl Wind AG has developed a completely new large-scale storage facility, which sets new standards in a technologically innovative way. For the first time, the production of power from renewable energies, such as from a wind or solar farm or from biomass, will be combined with a modern pumped-storage power plant. The water battery can store surplus power from the grid and the energy can bereused as required. It acts as a short-term storage facility and contributes to maintaining stability of the grid, as well as guaranteeing continuous, uninterrupted supply.

  • Keeping Current

    ELEC-TECH SALES LTD. announces the retirement of John Baron after 31 years with the company – the last 20 years as its President.

    John has had a long and illuminating Electrical industry career spanning over 37 years. His journey started after graduating from U. of Manitoba and joining Sylvania Lighting in a Sales and Marketing role in Calgary and Edmonton.

    John's career path opportunities moved him to British Columbia where he soon joined Elec-Tech Sales in 1986. John managed sales and marketing initiatives throughout his outside sales role and territory coverage, eventually becoming President in 1997.

    LAFERT NORTH AMERICA, a Manufacturer of metric AC Motors, metric gearboxes and coolant pumps, announces the following appointments:

    Mario Hartard has been appointed Account Manager/Business Development. Mario brings 17 years of experience in the Electrical Power industry and has developed expertise across the North American market in the area of Mines & Metals, Public Utilities and Oil & Gas. He holds a B.S. Degree in Industrial Engineering from Universidad Iberoamericana – Mexico.

    OUELLET CANADA National Sales Manager, Stéphane Larocque, announces the appointment of Vincent Tremblay as Sales Representative for the provinces of New Brunswick and Prince Edward Island.

    Vincent, a dynamic, proactive and motivated person with extensive knowledge of the construction market, will start his new role in early September 2017. In the meantime, William Healey, Territory Manager of Nova Scotia and Newfoundland, will cover Eric's territory.

    Headquartered in L'Islet, Quebec, Ouellet Canada Inc. develops, manufactures and markets electric heating products throughout North America, Europe and Asia.

    www.ouellet.com

  • Product Showcase

    Nora Lighting expands its low profile, surface-mounted Opal LED Series with the new AC Opal. The AC Opal does not require a driver and mounts easily over a standard J-Box, even pancake-type fixture boxes in retrofits or new construction.

    AC Opal measures just 7/8” deep by 7 ¼” wide. The low profile is ideal for bathrooms, laundries, utility areas, pantries, closets, showers and more. The fixture is dimmable and produces even illumination with 1050 lumen (15W) at 90+CRI.  A white polymer lens diffuser eliminates LED diode images.

    The family of Push-in CAGE CLAMP® PCB Terminal Block complete the roll out of the new additions to WAGO solutions. This new family is composed of three series (2624, 2626, 2636) offering streamlined, compact connections for all wire types. Solid and ferruled wires can be directly pushed in for connection, while tool-actuated termination is available parallel to the conductor entry for stranded wire and for the release of all wire types. These PCB terminal blocks are perfect for panel feed through applications because operation and wire entry are from the same plane.

    Real estate in industrial and factory buildings is nearly always at a premium, so instead of using expensive space unnecessarily, Hammond Manufacturing offers a range of three sizes of fold down shelves. FDS Series shelves can be mounted either to the internal or external surface of the door or to the side of a cabinet. The shelves, rated at 100 lbs capacity, lock solidly up into the horizontal position when required and then fold down out of the way to save floor space when they are not needed.

    A new 200 W LED driver from the ADVANCED range – a high-performance component for high-bay industrial luminaires – has been added to Tridonic’s industrial portfolio. The 0-10 V dimmable driver cannot fail to impress thanks to its unniversal input voltage range, IP 67 protection and high temperature resistance.

  • Product Safety Alert