0001309014-13-000277.txt : 20130411 0001309014-13-000277.hdr.sgml : 20130411 20130411170833 ACCESSION NUMBER: 0001309014-13-000277 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130411 FILED AS OF DATE: 20130411 DATE AS OF CHANGE: 20130411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ballard Power Systems Inc. CENTRAL INDEX KEY: 0001453015 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53543 FILM NUMBER: 13756808 BUSINESS ADDRESS: STREET 1: 9000 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 5J8 BUSINESS PHONE: 206-903-8850 MAIL ADDRESS: STREET 1: 9000 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 5J8 FORMER COMPANY: FORMER CONFORMED NAME: 7076991 Canada Inc. DATE OF NAME CHANGE: 20090102 6-K 1 htm_7598.htm LIVE FILING Ballard Power Systems Inc. - Form 6-K
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

April 11, 2013

Commission File Number: 000-25270

Ballard Power Systems Inc.
———————————————————————————————————
(Translation of registrant’s name into English)
 
Canada
———————————————————————————————————
(Jurisdiction of incorporation or organization)
 
9000 Glenlyon Parkway
Burnaby, BC
V5J 5J8
Canada
———————————————————————————————————
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  [ ] Form 20-F    [x] Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  [ ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  [ ]
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  [ ] Yes    [x] No
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 
 



SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
    Ballard Power Systems Inc.
     
Date: April 11, 2013 By: Tony Guglielmin

  Name:  Tony Guglielmin
  Title: Chief Financial Officer
     

EXHIBIT INDEX

Exhibit No.   Description

 
99.1   Ballard Ships Its 500th ElectraGen™-ME Fuel Cell System For Telecom Backup Power
     

EX-99.1 2 exhibit1.htm EX-99.1 Exhibit  EX-99.1

Ballard Power Systems Inc.

News Release

Ballard Ships Its 500th ElectraGen™-ME Fuel Cell System For Telecom Backup Power

    Reflects rapidly growing market for methanol-fuelled solutions

For Immediate Release – April 11, 2013

VANCOUVER, CANADA– Ballard Power Systems (NASDAQ: BLDP)(TSX: BLD) today announced shipment of its 500th methanol-fuelled telecom backup power system, since the Company expanded its product line in August 2012. Ballard is strongly positioned as the leader in the fuel cell sector for telecom backup power systems, offering both ElectraGen™-ME liquid fuelled methanol systems as well as ElectraGen™-H2 gaseous hydrogen fuelled systems.

Larry Stapleton, Ballard Vice President of Sales said, “This milestone highlights the growing traction we have been experiencing over the past two quarters with our telecom customers in key growth markets around the world.”

In regions such as Southeast Asia and South Africa, where Ballard is actively engaged, electricity grids can be unreliable. As a result, telecom networks are vulnerable to frequent grid outages, impacting continuity of service to subscribers. In these situations, lead acid batteries and diesel generators are not necessarily a practical or financially attractive means of providing backup power, whereas fuel cell systems can offer a reliable, economic alternative in addition to being a clean energy solution.

In these and other geographies, beyond grid unreliability, power disruptions also occur as the result of natural disasters and extreme weather conditions. For instance, in the span of a few years, there have been numerous earthquakes in various parts of Asia, a catastrophic tsunami in Japan and Hurricane Sandy in the Caribbean and U.S. The resulting power disruptions from such events cause service outages in communication networks at critical times. This reality is putting a higher focus on the need for extended duration backup power solutions in telecom networks, which in turn is leading to a heightened interest in fuel cell systems, a proven solution for extended duration backup power.

This heightened interest has translated into growing demand for fuel cell telecom backup power solutions, both gaseous hydrogen fuelled as well as liquid methanol fuelled. In 2012 Ballard shipped approximately 400 ElectraGen™ backup power systems, comprised of 240 methanol fuelled and 160 hydrogen fuelled. Demand growth has continued in 2013 and, with an additional 260 methanol-fuelled systems in Q1 2013, Ballard has now shipped the Company’s 500th methanol fuelled system, since the expansion of its product line to include ElectraGen™-ME last August.

Methanol is a readily available fuel that maximizes flexibility for siting and supporting a fuel cell system, such as the ElectraGen™-ME. The ElectraGen-ME system has an integrated fuel reformer that converts HydroPlus™ (a methanol-water liquid fuel mixture) into hydrogen gas to power the fuel cell system. Ballard’s products are being sold through distribution partners that include Nokia Siemens Networks, Motorola, Cascadiant, Azure, Inala Technologies and Precision Power and Air.

About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. Products deliver incomparable performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.

This release contains forward-looking statements concerning market developments for our products, competitive advantage over incumbent solutions and corresponding value propositions for our customers. These forward-looking statements reflect Ballard’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard’s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.

These statements involve risks and uncertainties that may cause Ballard’s actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard’s future performance, please refer to Ballard’s most recent Annual Information Form. Readers should not place undue reliance on Ballard’s forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.

Further Information: Guy McAree +1.604.412.7919, media@ballard.com or investors@ballard.com