Ballard fuel cells to power expansion of Canadian Pacific Hydrogen Locomotive Program.
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) announced it received an order for eight additional 200 kW fuel cell modules to support the expansion of Canadian Pacific’s (“CP”; TSX: CP; NYSE: CP) Hydrogen Locomotive Program from one to three locomotives, with expected delivery in 2022.
Inclusive of Ballard’s announcement in March 2021, the company will provide a total of 14 fuel cell modules, each module with a rated power output of 200 kW, to support this program.
CP, an industry leader in the North American rail sector, significantly expanded its Hydrogen Locomotive Program, from one to three hydrogen locomotives. This expansion is partially supported by C$15 million in funding from Emissions Reduction Alberta (ERA) as part of its Shovel-Ready Challenge announced late last year.
The CP program was selected as one of sixteen emissions reduction projects to receive provincial funding. CP intends to refine the process of converting diesel-electric powertrains to hydrogen-electric powertrains over a series of three categories of locomotives which collectively represent the majority of locomotives in use throughout North America.
Keith Creel, CP’s President and Chief Executive Officer.
In expanding this groundbreaking project, CP is demonstrating its commitment to combatting climate change through transformative technology.
“I am very pleased that Emissions Reduction Alberta selected this program for a grant and I eagerly anticipate seeing a hydrogen-powered locomotive move CP customer freight in the near future.”
Randy MacEwen, Ballard’s President & CEO.
We are excited to deepen our collaboration with CP and accelerate the energy transition.
“The expansion of CP’s Hydrogen Locomotive Program is illustrative of the confidence in Ballard’s fuel cell technology and the important role hydrogen fuel cells will play in decarbonizing heavy-duty motive applications, such as freight locomotives.”
Steve MacDonald, CEO of ERA.
Alberta is investing to lead the transition to affordable, reliable and clean energy.
“CP’s initiative represents a highly compelling opportunity to catalyze the hydrogen economy in Alberta and around the world.”
“The project will help scale up technology and bring down the costs of deploying hydrogen to address the critical challenge of decarbonizing the long haul, heavy-freight sector.” Thanks for staying up to date at Hydrogen Central.
ABOUT BALLARD POWER SYSTEMS
Ballard Power Systems’ (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 www.ballard.com.
Ballard Fuel Cells to Power Expansion of Canadian Pacific Hydrogen Locomotive Program, Vancouver, Canada, January 19, 2022
