Daily Outages in Markets with Unreliable Grids
Crisis Situations in Markets with Reliable Grids
VANCOUVER, June 5, 2013 /CNW/ - As addressed at the Company's Annual
General Meeting yesterday, Ballard Power Systems (NASDAQ: BLDP)(TSX: BLD) confirmed that recent growth in shipments of
its ElectraGenTM Telecom Backup Power systems is being driven by two distinct needs: (i)
backup power for regular, even daily, power outages in markets with
unreliable electricity grids; (ii) backup power for markets with
reliable grids yet vulnerable to extended power outages in crisis
situations such as extreme weather conditions.
As explained at the Meeting by Larry Stapleton, Ballard Vice President
of Sales, the first driver of this growing demand emanates from
geographical markets where the electricity grid is unreliable,
including parts of Asia, Africa and Latin America. Unreliable grids can
result in regular, even daily, power outages. These outages disrupt
wireless telecom services, since traditional battery and diesel
generator backup power solutions are often unable to bridge the gap in
power for a sufficient period of time, or fail to start at all.
As an alternative to these legacy battery and diesel generator
solutions, fuel cell backup power systems have proven efficient and
reliable performance over extended durations, at over 2,000 sites. As a
result, a significant volume of fuel cell systems are now being ordered
and installed in markets with unreliable grids. For example, Ballard
has shipped more than 200 ElectraGenTM systems to South Africa and Indonesia over the past 10 months, where
unreliable grid conditions result in frequent outages that often last
for extended periods of time. In these markets, the need for extended
duration backup power is an ongoing operational requirement for telecom
Laurentius Human, CEO of Inala Technologies, a Ballard distribution
partner in South Africa said, "Our telecom customers in South Africa
and other parts of Africa have been very pleased with the reliability
of the fuel cell systems deployed to date and are seeing a large
opportunity for further deployments across their networks. These
products address many of the challenges faced with diesel and battery
based backup power alternatives."
A second driver of the growing demand for fuel cell backup power
solutions in the telecom industry, is the need for extended backup
power solutions in geographical markets with reliable grids but with
concern over crisis situations, which result in extended power
disruptions to telecom networks; including extreme weather, floods,
earthquakes and security situations.
As an example, Ballard has shipped more than 300 ElectraGenTM systems this year to Nokia Siemens Networks (NSN) for deployment with
major telecom service providers in Japan, who are 'hardening' their
networks with extended backup power capabilities, in the aftermath of
the 2011 tsunami crisis.
Mark Donaldson, Head of Mobile Broadband Energy Solutions at NSN said,
"Mobile networks can be vital when a disaster strikes, and power
outages make other forms of communication difficult. Integrating fuel
cells with our base stations can significantly increase the resilience
of the mobile networks we provide."
Ballard's ElectraGen™-ME methanol-fuelled products are particularly well
suited for 'extended duration runtime' backup power needs. These
systems are designed for high reliability, long life and minimal
preventive maintenance - in addition to being a clean energy solution.
These products include a fuel reformer that converts HydroPlus™ (a
methanol-water liquid fuel mixture) into hydrogen used by the fuel cell
to power the telecom site.
About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP)(TSX: BLD) provides clean energy
fuel cell products enabling optimized power systems for a range of
applications. Products deliver incomparable performance, durability and
versatility. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning market
drivers for our products and corresponding value propositions for our
customers. 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
SOURCE: Ballard Power Systems Inc.
For further information:
Guy McAree +1.604.412.7919, email@example.com or firstname.lastname@example.org