OIL - Ballard announces largest order in company history - 1000 engines to power Solaris buses across Europe | Benzinga
VANCOUVER, BC and BOLECHOWO, Poland, April 1, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced the signing of a Long Term Supply Agreement ("LTSA") with its customer Solaris Bus & Coach sp. z o.o. ("Solaris"; www.solarisbus.com), a leading European bus manufacturer, for the supply of 1,000 hydrogen fuel cell engines through 2027 for the European transit bus market.
The LTSA consolidates existing orders for approximately 300 fuel cell engines, while adding after-market and extended warranty services to such existing orders, with a new supply commitment for an incremental approximately 700 fuel cell engines and related after-market extended warranty services. This consolidated order represents the largest order of fuel cell engines in Ballard's history and marks ...