- Amogy has signed a contract to purchase fuel cell engines from Ballard Power Systems (BLDP)
- Amogy offers ammonia-based, emission-free, high energy-density power solutions to decarbonize transportation
- It will purchase an initial order of three 200 kW Ballard FCwave engines for ammonia-to-power maritime applications
- A follow-on order for seven more engines is expected upon the successful completion of initial projects
- Ballard Power Systems offers fuel cells that enable the adoption of electric vehicles
- Ballard Power Systems (BLDP) is up by 0.81 per cent, trading at $7.51 per share
Amogy has signed a contract to purchase fuel cell engines from Ballard Power Systems (BLDP).
Amogy offers ammonia-based, emission-free, high-energy-density power solutions to decarbonize transportation. It will use the Ballard engines for ammonia-to-power maritime applications.
Ballard’s FCwave engine is a scalable fuel-cell system certified for operation in marine environments. Amogy’s proprietary ammonia-to-power platform relies on ammonia cracking technology, facilitating the extraction of hydrogen onboard for fuel in a hydrogen engine.
Amogy will purchase an initial order of three 200 kW FCwave engines with Ballard supporting integration work.
Initial deliveries are slated for 2023 for maritime deployment.
A follow-on order for seven more engines is expected upon the successful completion of initial projects.
“This contract and collaboration opportunity with Ballard is a significant and valuable step as Amogy expands its efforts in the maritime sector,” stated Seonghoon Woo, Amogy’s CEO. “With access to their leading fuel-cell technology and team of experts, together we can expedite commercialization of scalable, ammonia-to-power solutions for the maritime industry and support global sustainability goals.”
“We are excited for the opportunity to work with Amogy and bring our clean and innovative technologies together,” added Søren Østergaard Hansen, General Manager, Marine and Stationary, Ballard Power Europe. “We believe Amogy’s onboard capabilities to convert ammonia to gaseous hydrogen combined with our fuel cell engines will be a major milestone to achieve decarbonization in the marine sector.”
Ballard Power Systems’ zero-emission fuel cells enable the electrification of mobility, including buses, commercial trucks, trains, marine vessels and stationary power.
Ballard Power Systems (BLDP) is up by 0.81 per cent, trading at $7.51 per share as of 2:19 pm ET.
