Ballard, Plug Power Sign Fuel Cell Supply Agreement for Forklift Trucks

Ballard Power Systems has signed a long-term supply agreement with Plug Power Inc. to provide fuel cell stacks for use in Plug Power's GenDrive systems in forklift trucks.

The new supply agreement, effective immediately, replaces an existing agreement and runs to the end of 2017, with the provision for two one-year extensions.

Ballard says it will be providing the same cell stack products to Plug Power that it has in past years: FCgenTM-1020ACS air-cooled stacks used in GenDrive systems to power Class 3 pallet jacks, as well as FCvelocityTM-9SSL liquid-cooled stacks used in systems to power Class 2 reach trucks and Class 1 counterbalanced lift trucks.

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