B.C. Premier Christy Clark and India Minister of New &
Renewable Energy preside over signing ceremony
VANCOUVER, November 11, 2011 - Ballard
Power Systems has signed a Memorandum of Understanding (MOU) with
Delta Power Solutions (India) Pvt. Ltd. [Delta], expanding the
range of clean energy applications they will focus on under an
existing fuel cell system collaboration agreement.
Christy Clark, British Columbia's Premier and Dr. Farooq
Abdullah, India's Minister of New & Renewable Energy, hosted a
signing ceremony in New Delhi with senior representatives of
Ballard and Delta. Premier Clark is currently conducting a
Province-led jobs and trade mission in India.
Dalip Sharma, Managing Director of Delta Power Solutions (India)
said, "The MOU represents an exciting expansion of our
collaboration agreement with Ballard, enabling
environmentally-sound fuel cell solutions for the India
economy."
"This will be an important step toward delivery of a growing
proportion of energy requirements in India by means of renewable
power solutions," he added.
John Sheridan, Ballard's President and CEO added, "This is a
strategic agreement underpinning Ballard's participation in India's
expanding economy, where GDP growth is projected at more than
seven-percent annually for the next several years. There are
numerous applications in which clean fuel cells can replace dirty
lead-acid batteries and noisy, polluting diesel generators."
Ballard and Delta recently announced their collaboration
agreement in relation to sales of fuel cell-powered backup power
systems in the India telecommunications market, under which an
initial purchase order was issued by Delta earlier this
month. Delta subsidiary of Delta Electronics (Thailand)
PLC.
Under the new MOU, the collaboration agreement has been expanded
to encompass utilization of fuel cell-powered backup power systems
in additional India market applications, including commercial
uninterruptable power supply (UPS) systems for data centres,
industrial power solutions and distributed power generation.
Ballard Power Systems provides clean energy fuel cell products
enabling optimized power systems for a range of applications.
Products contain proprietary esencia™ technology, ensuring
incomparable performance, durability and versatility. Please visit
www.ballard.com.