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Azure Introduced Ballard ElectraGenTM system with a value of approximately $6 million
Date:2014-08-19
June announcement of a definitive agreement with Azure Hydrogen ("Azure") in China for a license to assemble ElectraGenTM systems in that market, with a 2014-15 value of approximately $6 million. Ballard is to be the exclusive supplier of sub-systems – including fuel cell stacks and fuel processors – and will receive royalty payments for system sales, if Azure is successful with its business plan. 

Links:   Ballard |  Dantherm |  DOE |  FCworks |  China-hydro. |
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