{"id":398652,"date":"2020-12-14T00:18:13","date_gmt":"2020-12-14T05:18:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398652"},"modified":"2020-12-14T00:18:13","modified_gmt":"2020-12-14T05:18:13","slug":"ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/","title":{"rendered":"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">VANCOUVER, BC<\/span> and HOBRO, <span class=\"xn-location\">Denmark<\/span>, <span class=\"xn-chron\">Dec. 14, 2020<\/span> \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has signed a collaboration agreement with Eltek Nordic (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011489-1&amp;h=2385364024&amp;u=http%3A%2F%2Fwww.eltek.com%2F&amp;a=www.eltek.com\" rel=\"nofollow noopener noreferrer\">www.eltek.com<\/a>) \u2013 a power conversion company headquartered in Drammen, <span class=\"xn-location\">Norway<\/span> and part of Delta, a global leader in power electronics, automation and infrastructure \u2013 to provide reliable backup power solutions for telecom networks and other critical communication infrastructure, with a focus on Nordic countries, primarily <span class=\"xn-location\">Norway<\/span>, <span class=\"xn-location\">Denmark<\/span> and <span class=\"xn-location\">Iceland<\/span>. The collaboration announced today will utilize Ballard&#8217;s FCgen<sup>\u00ae<\/sup>-H2PM fuel cell backup power system.\u00a0\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1384662\/Ballard___Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1384662\/Ballard___Logo.jpg\" title=\"Ballard Power Systems Inc. (CNW Group\/Ballard Power Systems Inc.)\" alt=\"Ballard Power Systems Inc. (CNW Group\/Ballard Power Systems Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Ballard and Eltek have a long-standing commercial relationship, having sourced products from each other for a number of years. The companies recently collaborated on a project at Trollstigen in the mountains of <span class=\"xn-location\">Norway<\/span>, installing an off-grid power solution that integrates solar, wind, fuel cells, and batteries to ensure continuous operation and connectivity of a remote telecom network site. \u00a0\u00a0\u00a0 <\/p>\n<p>Jesper Themsen, President and CEO of Ballard Power Systems Europe A\/S said, &#8220;Telecom and critical communication infrastructure require a highly reliable power supply, including backup power capability in the event of grid outages. With Ballard&#8217;s history and expertise in fuel cell backup power systems, we are delighted to enter into this collaboration agreement with Eltek Nordic, a leading global power solutions provider, for delivery of zero-emission backup power systems to ensure uninterrupted power supply for telecom and other networks.&#8221;\u00a0 <\/p>\n<p>\n        <span class=\"xn-person\">Ulf Ellingsen<\/span>, Sales Director for Eltek Nordic noted, &#8220;Eltek Nordic delivers integrated power solutions for telecom and other critical communications infrastructure, all built around our core power conversion technology. Since hydrogen fuel cells offer a strong value proposition for backup power requirements, we are very pleased to collaborate with Ballard, the leader in PEM fuel cell products. And, with its subsidiary operation in <span class=\"xn-location\">Denmark<\/span>, Ballard will be virtually local to Eltek projects in <span class=\"xn-location\">Norway<\/span>, <span class=\"xn-location\">Denmark<\/span> and <span class=\"xn-location\">Iceland<\/span>.&#8221;\u00a0 <\/p>\n<p>As providers of extensive fiber broadband networks for telecommunications services, Nordic countries require reliable backup power systems that ensure continuous connectivity, even in the event of grid failures. Ballard&#8217;s hydrogen fueled 1.7 kilowatt (kW) and 5kW FCgen<sup>\u00ae<\/sup>-H2PM backup power systems provide low cost, flexibility and high reliability:<\/p>\n<ul type=\"disc\">\n<li>\n          <b>Low cost<\/b> \u2013 Competitive total cost of ownership is underpinned by an extensive 15-year product lifetime. <\/li>\n<li>\n          <b>Flexibility<\/b> \u2013 Modular design ensures a fit with various site configurations and scalability supports power requirements up to 60kW&#8217;s and beyond. <\/li>\n<li>\n          <b>No risk <\/b>\u2013 High reliability in excess of 99%, tolerance to a wide range of temperatures (from -40<sup>o<\/sup>C to +46<sup>o<\/sup>C), and an intelligent architecture with predictive maintenance system and automated self-testing design for deployment in unmanned locations. <\/li>\n<\/ul>\n<p>\n        <b>About Ballard Power Systems<br \/><\/b>Ballard Power Systems&#8217; (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks. To learn more about Ballard, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011489-1&amp;h=146488743&amp;u=http%3A%2F%2Fwww.ballard.com%2F&amp;a=www.ballard.com\" rel=\"nofollow noopener noreferrer\">www.ballard.com<\/a>.<\/p>\n<p>This release contains forward-looking statements concerning anticipated outcome of the announced collaboration and the customer value proposition for our products. These forward-looking statements reflect Ballard&#8217;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&#8217;s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. <\/p>\n<p>These statements involve risks and uncertainties that may cause Ballard&#8217;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&#8217;s future performance, please refer to Ballard&#8217;s most recent Annual Information Form. Readers should not place undue reliance on Ballard&#8217;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 legislation.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1384663\/H2PM_Outdoor_Compact_Ballard.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1384663\/H2PM_Outdoor_Compact_Ballard.jpg\" title=\"Ballard FCgen\u00ae-H2PM fuel cell backup power system (CNW Group\/Ballard Power Systems Inc.)\" alt=\"Ballard FCgen\u00ae-H2PM fuel cell backup power system (CNW Group\/Ballard Power Systems Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA22472&amp;sd=2020-12-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks-301191745.html\">http:\/\/www.prnewswire.com\/news-releases\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks-301191745.html<\/a><\/p>\n<p>SOURCE  Ballard Power Systems Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA22472&amp;Transmission_Id=202012140015PR_NEWS_USPR_____VA22472&amp;DateId=20201214\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire VANCOUVER, BC and HOBRO, Denmark, Dec. 14, 2020 \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has signed a collaboration agreement with Eltek Nordic (www.eltek.com) \u2013 a power conversion company headquartered in Drammen, Norway and part of Delta, a global leader in power electronics, automation and infrastructure \u2013 to provide reliable backup power solutions for telecom networks and other critical communication infrastructure, with a focus on Nordic countries, primarily Norway, Denmark and Iceland. The collaboration announced today will utilize Ballard&#8217;s FCgen\u00ae-H2PM fuel cell backup power system.\u00a0\u00a0 Ballard and Eltek have a long-standing commercial relationship, having sourced products from each other for a number of years. The companies recently collaborated on a project at Trollstigen &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398652","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire VANCOUVER, BC and HOBRO, Denmark, Dec. 14, 2020 \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has signed a collaboration agreement with Eltek Nordic (www.eltek.com) \u2013 a power conversion company headquartered in Drammen, Norway and part of Delta, a global leader in power electronics, automation and infrastructure \u2013 to provide reliable backup power solutions for telecom networks and other critical communication infrastructure, with a focus on Nordic countries, primarily Norway, Denmark and Iceland. The collaboration announced today will utilize Ballard&#8217;s FCgen\u00ae-H2PM fuel cell backup power system.\u00a0\u00a0 Ballard and Eltek have a long-standing commercial relationship, having sourced products from each other for a number of years. The companies recently collaborated on a project at Trollstigen &hellip; Continue reading &quot;Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-14T05:18:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1384662\/Ballard___Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks\",\"datePublished\":\"2020-12-14T05:18:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\\\/\"},\"wordCount\":684,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1384662\\\/Ballard___Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\\\/\",\"name\":\"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/","og_locale":"en_US","og_type":"article","og_title":"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks - Market Newsdesk","og_description":"PR Newswire VANCOUVER, BC and HOBRO, Denmark, Dec. 14, 2020 \/PRNewswire\/ &#8211;\u00a0Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has signed a collaboration agreement with Eltek Nordic (www.eltek.com) \u2013 a power conversion company headquartered in Drammen, Norway and part of Delta, a global leader in power electronics, automation and infrastructure \u2013 to provide reliable backup power solutions for telecom networks and other critical communication infrastructure, with a focus on Nordic countries, primarily Norway, Denmark and Iceland. The collaboration announced today will utilize Ballard&#8217;s FCgen\u00ae-H2PM fuel cell backup power system.\u00a0\u00a0 Ballard and Eltek have a long-standing commercial relationship, having sourced products from each other for a number of years. The companies recently collaborated on a project at Trollstigen &hellip; Continue reading \"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-14T05:18:13+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1384662\/Ballard___Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks","datePublished":"2020-12-14T05:18:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/"},"wordCount":684,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1384662\/Ballard___Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ballard-and-eltek-nordic-to-collaborate-on-fuel-cell-backup-power-systems-for-communication-networks\/","name":"Ballard and Eltek Nordic to Collaborate on Fuel Cell Backup Power Systems for Communication Networks - 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