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Ballard Inks $10 Million Deal to Power 33 Clean Energy Buses in China

2015-06-08 18:25:18| IT Services - Topix.net

Ballard Power Systems announced that it has signed definitive license and supply agreements with each of Nantong Zehe New Energy Technology Co., Ltd. and Guangdong Synergy Hydrogen Power Technology Co., Ltd. to provide fuel cell Power Products and Technology Solutions to support the planned deployment of an initial 33 fuel cell-powered buses in two Chinese cities. The deal has an estimated value of $10 million, the majority of which is expected to be recognized in 2015.

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