IdaTech and Ballard Annouces Supply Agreement

IdaTech today announces that it has signed a second three-year supply agreement with Ballard Power Systems.

The agreement is for the supply of fuel cell stacks, which will be used in the next generation of IdaTech’s commercial critical backup power supply product, the ElectraGen. While the contract will commence immediately, full integration of the Ballard fuel cell stacks into the ElectraGen product is contingent on final testing and validation of the stack performance. IdaTech intends to source the stack in two power outputs, 3 and 5kW, to meet IdaTech’s customers’ needs.

The decision to use Ballard’s fuel cells in higher power backup products demonstrates IdaTech’s confidence in the associated technical performance, reliability and cost advantages, in line with IdaTech’s stated strategy.

This agreement builds on IdaTech’s existing agreement with Ballard to supply its fuel cell stack modules for incorporation into the next generation of iGen, IdaTech’s integrated sub-kilowatt fuel cell fuel system.

IdaTech will continue its own internal stack research, development and production capability. This will give the Company the ability to remain on the leading edge of stack technology and allows the Company to maintain a viable second source for this important component. IdaTech believes this approach is key in delivering the best technology for its current and future commercial products and to bring the greatest value to its customers and shareholders. In the near term, the supply agreement enables IdaTech to focus on its fuel reforming, controls and integration requirements for the next generation of IdaTech’s ElectraGen and iGenTM products, areas where the company has successfully differentiated itself.

Source: Fuel Cell Today