Ballard Power Systems
{{Short description|Hydrogen fuel cells for heavy-duty transportation}}
{{Infobox company
| name = Ballard Power Systems Inc.
| logo =
| logo_size = 180px
| type = Public
| traded_as = {{tsx|BLDP}}
| key_people = Jim Roche, Chairman of the Board of directors
Randy MacEwen, President and Chief Executive Officer
| industry = Alternative energy
| products = {{plainlist |
- Fuel cells stacks
- Fuel cells modules
}}
| former_names = Ballard Research
| num_employees = 800 (Oct 2024)
| website = {{URL|https://ballard.com}}
| foundation = 1979
| location = Burnaby, British Columbia, Canada
}}
Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive (consisting of bus and tram applications), portable power, material handling as well as engineering services. Ballard has designed and shipped over 400 MW of fuel cell products to date.
History
Ballard was founded in 1979 by geophysicist Geoffrey Ballard, Keith Prater, and Paul Howard, under the name Ballard Research Inc. to conduct research and development on high-energy lithium batteries. Since committing to the development of PEM fuel cell technology in 1989, Ballard has delivered PEM fuel cell products worldwide to a number of leading product manufacturers.{{cite web|url=https://finpedia.co/bin/Ballard%20Power%20Systems/|title=Ballard Power Systems|publisher=Finpedia.co|access-date=13 October 2019}}
Ballard went public in 1993 on the Toronto Stock Exchange (TSE), and in 1995 was listed on the NASDAQ. Ballard Power Systems opened a fuel cell manufacturing facility in 2000 in Burnaby, B.C.{{cite web|url=http://publications.gc.ca/collections/collection_2016/isde-ised/Iu4-38-1-2003-eng.pdf|title=The Practice of Innovation: Seven Canadian Firms in Profile|year=2003|publisher=Government of Canada|access-date=1 July 2016}}
Automotive fuel cell cooperations
On February 1, 2008, Ballard spun out Automotive Fuel Cell Cooperation (AFCC){{Cite web |url=http://afcc-auto.com/about.php?name=company |title=AFCC Automotive Fuel Cell Cooperation |access-date=2018-04-14 |archive-url=https://web.archive.org/web/20150405152327/http://www.afcc-auto.com/about.php?name=company |archive-date=2015-04-05 |url-status=dead }} to allow for further expansion of fuel cell technology.Automotive Tech: [http://www.technologynewsdaily.com/node/8474 "The Automotive Fuel Cell Cooperation (AFCC)"] {{Webarchive|url=https://web.archive.org/web/20090108181917/http://www.technologynewsdaily.com/node/8474 |date=2009-01-08 }} - technologynewsdaily.com - November 8, 2007 - Retrieved November 08, 2007[http://media.daimler.com/dcmedia/0-921-614216-1-987935-1-0-0-0-0-1-11700-0-0-1-0-0-0-0-0.html?TS=1194552622715&REF=921%2Fen%2FNewsroom%20%28Home%29%2F.Newsroom%20%28Home%29%2F%23XCID%3D614228%20%7C%20XPID%3D0%20%7C%20XCTY%3D3897%20%7C%20XAID%3D "Daimler AG to become majority stake holder in new ”Automotive Fuel Cell Cooperation”"] - Daimler AG - November 8, 2007 - Retrieved November 08, 2007 After the split, Ballard continued as a publicly traded company focusing on non-automotive applications (including buses), while AFCC became a privately held company of 150 employees, developing hydrogen fuel cell stacks for automobiles. AFCC's initial ownership split was Daimler AG (50.1%), Ford Motor Company (30.0%), and Ballard itself (19.9%).{{cite web|url=http://jalopnik.com/320383/daimler-ford-teaming-up-on-fuel-cells|website=Jalopnik|access-date=12 March 2015 |title=Daimler, Ford Teaming Up On Fuel Cells |date=9 November 2007}}
In 2018, Ballard signed a contract with Weichai Power for a strategic partnership. Weichai acquired for US$163 million19.9 percent of Ballard's shares.{{cite web|title=China: Weichai wird größter Anteilseigener von Ballard|publisher=electrive.net|url=https://www.electrive.net/2018/08/29/china-weichai-wird-groesster-anteilseigener-von-ballard/|access-date=2020-03-29|date=2018-08-29|language=de}} As part of this collaboration, Ballard and Weichai intend to supply the Chinese market with fuel cell systems for trucks, busses, and forklifts.{{cite web|title=Ballard Receives $19.2M Order from Weichai-Ballard JV for MEAs to Power Fuel Cell Electric Vehicles in China|publisher=PRNewswire|url=https://www.prnewswire.com/news-releases/ballard-receives-19-2m-order-from-weichai-ballard-jv-for-meas-to-power-fuel-cell-electric-vehicles-in-china-300975073.html|access-date=2020-03-29|date=2019-12-16|language=en}}
In cooperation with German car manufacturer Audi, Ballard is part of a development partnership for automotive fuel cells, which will run at least until 2022.{{cite web|title=Audi and Ballard extend fuel cell cooperation|publisher=electrive.com|url=https://www.electrive.com/2018/06/12/audi-ballard-extend-fuel-cell-cooperation/|access-date=2020-03-29|date=2018-06-12|language=en}} Ballard delivers fuel cells to bus manufacturers, e.g. Van Hool (Belgium), New Flyer (Canada) and Solaris (Poland).{{cite web|title=Pau (France) welcomes the launch of the world's first hydrogen BRT|publisher=Sustainable Bus|url=https://www.sustainable-bus.com/news/pau-welcomes-the-launch-of-the-worlds-first-hydrogen-brt/|access-date=2020-03-29|date=2019-12-18|language=en}}{{cite web|title=Solaris orders 25 Ballard fuel cell modules to power hydrogen buses in Germany|publisher=Sustainable Bus|url=https://www.sustainable-bus.com/news/pau-welcomes-the-launch-of-the-worlds-first-hydrogen-brt/|access-date=2020-03-29|date=2010-03-13|language=en}}
Other activity areas
Besides road vehicles, Ballard delivers fuel cells also for trains,{{cite web|title=Brennstoffzellen: Siemens beauftragt Ballard Power|publisher=electrive.net|url=https://www.iwr.de/news.php?id=34729|access-date=2020-03-29|date=2017-11-15|language=de}} mining trucks,{{cite web|title=Ballard Receives PO From Anglo American for 900kW of Fuel Cell Modules to Support Mining Truck Demonstration Project|publisher=PR Newswire|url=https://www.prnewswire.com/news-releases/ballard-receives-po-from-anglo-american-for-900kw-of-fuel-cell-modules-to-support-mining-truck-demonstration-project-300946734.html|access-date=2020-03-29|date=2019-10-29|language=en}} marine applications,{{cite web|title=Ballard to produce FC modules for ships in Denmark|publisher=electrive.net|url=https://www.electrive.com/2019/04/04/denmark-ballard-plans-to-produce-fc-modules-for-ships/|access-date=2020-03-29|date=2019-04-04|language=en}}{{cite web|title=LH2 Vessel Liquid H2 concept Validation for Efficient, Scaled and Stacked FC Electric Power Systems|publisher=energiforskning.dk|url=https://energiforskning.dk/en/node/9446|access-date=2020-03-29|date=2020-03-25|language=en|archive-date=2020-03-28|archive-url=https://web.archive.org/web/20200328195849/https://energiforskning.dk/en/node/9446|url-status=dead}}{{cite web|title=Ballard udvikler maritim brændselscelle i Hobro|date=25 March 2020 |publisher=energiforskning.dk|url=https://www.energy-supply.dk/article/view/708604/ballard_udvikler_maritim_braendselscelle_i_hobro|access-date=2020-03-29|language=da}}{{cite web|title=Flagships Partners|publisher=flagships.eu|url=https://flagships.eu/partners/|access-date=2020-03-30|archive-url=https://web.archive.org/web/20200406123711/https://flagships.eu/partners/|archive-date=2020-04-06|year=2019|language=en|url-status=bot: unknown}} and backup power systems for critical infrastructures such as radio towers.{{cite web|title=Ballard Signs ESAs for Fuel Cell Stacks to Support Backup Power Systems at German Radio Towers|publisher=Ballard Power Systems|url=https://www.ballard.com/about-ballard/newsroom/news-releases/2020/01/14/ballard-signs-esas-for-fuel-cell-stacks-to-support-backup-power-systems-at-german-radio-towers|access-date=2020-03-29|date=2020-01-13|language=en}}{{cite web|title=Fuel Cells: The Better Backup Power Solution for Scandinavia|publisher=H2 View|url=https://www.h2-view.com/story/fuel-cells-the-better-backup-power-solution-for-scandinavia/|access-date=2020-03-29|date=2020-03-25|language=en}} Furthermore, a fuel cell system for application in drones is under development.{{cite web|title=UAV Fuel Cells Tested in Cold-Weather Conditions|publisher=Unmanned Systems Technology|url=https://www.unmannedsystemstechnology.com/2019/12/uav-fuel-cells-tested-in-cold-weather-conditions/|access-date=2020-03-29|date=2019-12-30|language=en}}
Achievements
Ballard has:
- supplied vehicles with fuel cells traveling more than 200 million kilometers in total to date 2024{{cite web|title=Ballard Powers Fuel Cell Electric Vehicles For Unprecedented 30 Million Kilometers - Enough to Circle the Globe 750 Times|publisher=PRNewswire|url=https://www.prnewswire.com/news-releases/ballard-powers-fuel-cell-electric-vehicles-for-unprecedented-30-million-kilometers--enough-to-circle-the-globe-750-times-300993981.html|access-date=2021-10-05|date=2020-01-27|language=en}}
- access to 2,000 patents/applications{{citation needed|date=July 2018}}
References
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Category:Companies listed on the Toronto Stock Exchange