Fuel Cell again/end

JOEFREEMEN at aol.com JOEFREEMEN at aol.com
Sat Feb 23 18:57:20 MST 2002


 
DEARBORN, Mich.--(BUSINESS WIRE)--Feb. 19, 2002--Ballard Power Systems'
(TSE:BLD)(NASDAQ:BLDP) Electric Drives and Power Conversion Division has signed
a joint development agreement with Ford Power Products (FPP), a subsidiary of
Ford Motor Company, to jointly develop commercial power generation products.
Ballard and Ford Power Products, suppliers of engines, transmissions and
components to original equipment manufacturers (OEMs), will jointly develop
products driven by spark ignited combustion engines for the generator
market. Other opportunities exist for on-road hybrid applications, such as
commercial trucks and buses, where the powertrain provides power to electric
drive motors, batteries and other equipment.
The main application for the Ballard/FPP powertrain is the electrical power
generation market (i.e. generator sets). Most often, generator sets are used
when power from the electrical distribution grid is not available. This new
alternative in power generation has many advantages to the end-user, including
increased power, lower costs per kilowatt and reduced emissions. These products
will have a considerably lower environmental impact than today's diesel powered
generators and have the same or greater power output at a lower cost.
"Power conversion electronics are a key part of Ballard's core fuel cell based
products," said Ross Witschonke, Vice-President of Ballard's Electric Drives
and Power Conversion Division. "By joining with Ford Power Products we are able
to leverage our world leading power conversion capabilities with Ford's proven
combustion engines to deliver cleaner, more efficient and more comprehensive
customer solutions in today's distributed and standby power generation
markets."
"We continue expanding the products and services we offer to these markets,
giving our customers access to new technologies which will reduce their time to
market, and significantly lower their engineering costs associated with
developing power generation designs," said Paul Moore, Vice-President and
General Manager, Ford Power Products. "Ford Power Product's intention is not to
become a generator set manufacturer, rather a supplier of preferred components
to this market."
The initial products resulting from this joint agreement are expected by
year-end. These products will serve the prime power, standby power, and
emergency power markets. Prime power is used where there is no connection to
the electrical grid; standby power is used to reduce the amount of power drawn
from the electrical grid; and emergency power is used when there is a failure
in the electrical grid.
Since 1947, Ford Power Products has been supplying Ford powertrains to the
industrial, marine and on-road markets. With headquarters in Dearborn,
Michigan, FPP also has offices in Koln, Germany, and Aveley, England. FPP is
ISO 9001 certified and holds the Ford Q1 award. Visit www.fordpowerproducts.com
for additional information.
Ballard Power Systems is recognised as the world leader in developing,
manufacturing and marketing zero-emission proton exchange membrane ("PEM") fuel
cells. Ballard is commercialising fuel cell engines for the transportation
market, electric drive trains for both fuel cell and battery powered electric
vehicles, power conversion equipment for microturbines and other distributed
generation technologies, fuel cell power generation equipment for markets
ranging from 1-kilowatt portable power products to larger stationary power
generation products and is a Tier 1 automotive supplier of friction materials
for power train components. Ballard's proprietary technology is enabling
automobile, electrical equipment and portable power product manufacturers to
develop environmentally clean products for sale. Ballard is partnering with
strong, world-leading companies, including DaimlerChrysler, Ford, ALSTOM and
EBARA, to commercialise BALLARD(R) fuel cells. Ballard has supplied fuel cells
t! o Honda, Nissan, Volkswagen, Yamaha, Cinergy, Coleman Powermate and
Matsushita Electric Works, among others.



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