Ballard Announces Fuel Cell Supply Agreement with Baxi Innotech for German Callux Project

Ballard Power Systems announced today that it has entered into a three-year supply agreement with Baxi Innotech. Under the agreement, Baxi Innotech agrees to exclusively purchase Ballard fuel cells through to the end of Phase 2 of the German Callux Project, scheduled to conclude in 2012.

Ballard brings its extensive experience in the Japanese residential cogeneration market to the European market with its FCgen-1030 fuel cell product, which Baxi Innotech, a division of leading European heating equipment company the Baxi Group, will integrate into its 1 kW GAMMA 1.0 natural gas pilot production series. The performance and durability Ballard's products have demonstrated in Japan will prove invaluable, particularly when partnered with Baxi's broad experience and channel strength supplying heating equipment in Europe.

In consideration of Baxi Innotech's agreement to exclusively purchase and use Ballard fuel cell products for the Callux Project, Ballard has in return agreed to exclusively supply fuel cell stack products to Baxi Innotech for the same project. The supply agreement also provides for joint product development efforts, and lays the groundwork for future collaboration beyond the scope and timing of the current project.

Source: Fuel Cell Today