Ballard Power announces largest order in company history

Ballard Power Systems announced the signing of a Long Term Supply Agreement with its customer Solaris Bus & Coach sp. z o.o., a European bus manufacturer, for the supply of 1,000 hydrogen fuel cell engines through 2027 for the European transit bus market. The LTSA consolidates existing orders for approximately 300 fuel cell engines, while adding after-market and extended warranty services to such existing orders, with a new supply commitment for an incremental approximately 700 fuel cell engines and related after-market extended warranty services. This consolidated order represents the largest order of fuel cell engines in Ballard’s history and marks a significant step forward in the relationship with Solaris. The 1,000 units will be made up of approximately 80% FCmove-HD 70 kW and 20% FCmove-HD+ 100 kW engines to address both the 12-metre and 18-metre bus markets, with delivery starting in 2024 and running through the end of 2027.