0001309014-13-000413.txt : 20130605 0001309014-13-000413.hdr.sgml : 20130605 20130605172002 ACCESSION NUMBER: 0001309014-13-000413 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130605 FILED AS OF DATE: 20130605 DATE AS OF CHANGE: 20130605 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: 13895121 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_7738.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

June 5, 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: June 5, 2013 By: Tony Guglielmin

  Name:  Tony Guglielmin
  Title: Chief Financial Officer
     

EXHIBIT INDEX

Exhibit No.   Description

 
99.1   Growing Demand For Ballard Backup Power Systems Driven By Two Distinct Telecom Needs
     

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

Ballard Power Systems Inc.

News Release

Growing Demand For Ballard Backup Power Systems Driven By Two Distinct Telecom Needs

    Daily Outages in Markets with Unreliable Grids

    Crisis Situations in Markets with Reliable Grids

For Immediate Release – June 5, 2013

VANCOUVER, CANADA– As addressed at the Company’s Annual General Meeting yesterday, Ballard Power Systems (NASDAQ: BLDP)(TSX: BLD) confirmed that recent growth in shipments of its ElectraGenTM Telecom Backup Power systems is being driven by two distinct needs: (i) backup power for regular, even daily, power outages in markets with unreliable electricity grids; (ii) backup power for markets with reliable grids yet vulnerable to extended power outages in crisis situations such as extreme weather conditions.

As explained at the Meeting by Larry Stapleton, Ballard Vice President of Sales, the first driver of this growing demand emanates from geographical markets where the electricity grid is unreliable, including parts of Asia, Africa and Latin America. Unreliable grids can result in regular, even daily, power outages. These outages disrupt wireless telecom services, since traditional battery and diesel generator backup power solutions are often unable to bridge the gap in power for a sufficient period of time, or fail to start at all.

As an alternative to these legacy battery and diesel generator solutions, fuel cell backup power systems have proven efficient and reliable performance over extended durations, at over 2,000 sites. As a result, a significant volume of fuel cell systems are now being ordered and installed in markets with unreliable grids. For example, Ballard has shipped more than 200 ElectraGenTM systems to South Africa and Indonesia over the past 10 months, where unreliable grid conditions result in frequent outages that often last for extended periods of time. In these markets, the need for extended duration backup power is an ongoing operational requirement for telecom operators.

Laurentius Human, CEO of Inala Technologies, a Ballard distribution partner in South Africa said, “Our telecom customers in South Africa and other parts of Africa have been very pleased with the reliability of the fuel cell systems deployed to date and are seeing a large opportunity for further deployments across their networks. These products address many of the challenges faced with diesel and battery based backup power alternatives.”

A second driver of the growing demand for fuel cell backup power solutions in the telecom industry, is the need for extended backup power solutions in geographical markets with reliable grids but with concern over crisis situations, which result in extended power disruptions to telecom networks; including extreme weather, floods, earthquakes and security situations.

As an example, Ballard has shipped more than 300 ElectraGenTM systems this year to Nokia Siemens Networks (NSN) for deployment with major telecom service providers in Japan, who are ‘hardening’ their networks with extended backup power capabilities, in the aftermath of the 2011 tsunami crisis.

Mark Donaldson, Head of Mobile Broadband Energy Solutions at NSN said, “Mobile networks can be vital when a disaster strikes, and power outages make other forms of communication difficult. Integrating fuel cells with our base stations can significantly increase the resilience of the mobile networks we provide.”

Ballard’s ElectraGen™-ME methanol-fuelled products are particularly well suited for ‘extended duration runtime’ backup power needs. These systems are designed for high reliability, long life and minimal preventive maintenance – in addition to being a clean energy solution. These products include a fuel reformer that converts HydroPlus™ (a methanol-water liquid fuel mixture) into hydrogen used by the fuel cell to power the telecom site.

About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP)(TSX: BLD) 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 drivers for our products 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