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Ballard Power (BLDP) Deploys Dantherm's Fuel Cell Systems to India

February 21, 2012 8:34 AM EST
BLDP Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Ballard Power Systems (Nasdaq: BLDP) has announced that fuel cell systems manufactured by Dantherm Power, its backup power company, are being deployed in the Idea Cellular wireless telecommunications network in India. Commissioning of thirty (30) 2-kilowatt DBX2000 systems, the sale of which was announced in a Ballard press release on November 1, 2011, will be completed in March.

The Telecom Regulatory Authority of India (TRAI) issued a directive in January, 2012 requiring 50% of all rural telecom base station towers and 33% of all urban towers in the country to be powered by hybrid solutions within 5-years. Hybrid solutions involve a combination of renewable energy sources, such as hydrogen fuel cells, and grid electricity.


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