Ballard signs partnership deal with Vertiv for backup power systems for data centres
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Hey there, time traveller!
This article was published 18/06/2024 (538 days ago), so information in it may no longer be current.
VANCOUVER – Ballard Power Systems Inc. and Vertiv have signed a partnership deal focused on the use of hydrogen-powered fuel cell systems for backup power applications in data centres.
Vertiv is a maker of power and cooling systems and other equipment used by data centres.
Nicolas Pocard, vice-president of marketing and strategic partnership at Ballard, says the agreement allows the companies to work together to offer cost-effective, zero greenhouse gas emission fuel cell backup power solutions that are scalable.
Vertiv has used Ballard fuel cell power modules as part of one of its uninterruptible power systems in a proof of concept at its Ohio facility.
The companies say the initial validations and tests have demonstrated successful operation of zero GHG emission backup power integrated into an uninterruptible power architecture.
Ballard shares were up 31 cents or nearly nine per cent at $3.82 in trading on the Toronto Stock Exchange on Tuesday afternoon.
This report by The Canadian Press was first published June 18, 2024.
Companies in this story: (TSX:BLDP)