Ballard Announces Dantherm Power Agreement to Collaborate with Delta Power Solutions (India)
• Collaboration agreement provides a managed approach to address telecom backup power market opportunity
VANCOUVER, July 27, 2011 /CNW/ - Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) today announced that Dantherm Power, the backup power systems company in which it has a controlling interest, has signed a collaboration agreement with Delta Power Solutions (India) Pvt. Ltd. [Delta] to market clean energy fuel cell power solutions in the India telecommunications sector. Delta Power Solutions (India) is a subsidiary of Delta Electronics (Thailand) PLC, part of the Delta Group, the world's leading energy saving solutions provider.
Under the agreement, Dantherm Power and Delta will jointly work to deploy product field trials comprised of Dantherm Power's direct hydrogen 2-kilowatt (kW) DBX2000 fuel cell system as well as its 5kW DBX5000 fuel cell system, which will be integrated by Delta, along with its Site Management & Control System (SMCS), and deployed at telecom customer sites in India. Delta will take responsibility for installation, commissioning, maintenance and management of these field deployments. These sites will be remotely monitored by Delta's Network Operation Centre (NOC).
John Sheridan, CEO of Ballard and Chairman of Dantherm Power said, "This agreement represents an effective, managed approach to backup power market development in India. Delta will leverage its existing telecom industry relationships in order to identify interested customers, and Delta will provide on-the-ground support throughout the trial period. Onsite expertise and customer support is the key to gaining traction with solutions that are new to the market, such as fuel cells in the India telecom sector."
These field trials will enable an informed assessment of the commercial market opportunity, including identification of appropriate fuel cell solutions. Commercial deployments in India would then benefit from Delta's in-country marketing, sales, distribution and servicing capabilities.
Dalip Sharma, Managing Director of Delta Power Solutions said, "We are very pleased to be working with PEM fuel cell products from premier providers such as Dantherm Power and Ballard. This collaborative partnership has all the right elements for a successful evaluation of the market opportunity and for potentially large-scale product roll-out down the road."
Delta Power Solutions serves many of the largest service and infrastructure providers in the Indian telecom industry, including Indus, Bharti, Vodafone, Reliance and Idea Cellular.
About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. Products are based on proprietary esencia™ technology, ensuring incomparable performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.
About Delta Group
Delta Group is the world's leading provider of power management and thermal management solutions, as well as a major source for components, visual displays, industrial automation, networking products and renewable energy solutions. Delta Group has sales offices worldwide and manufacturing plants in Taiwan, China, Thailand, Japan, Mexico, India, Brazil and Europe. As a global leader in power electronics, Delta's mission is "To provide innovative, clean and efficient energy solutions for a better tomorrow." Delta is committed to environmental protection and has implemented green, lead-free production and recycling and waste management programs for many years. More information about Delta Group can be found at www.deltaww.com.