0001309014-14-000021.txt : 20140109 0001309014-14-000021.hdr.sgml : 20140109 20140109172850 ACCESSION NUMBER: 0001309014-14-000021 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140109 FILED AS OF DATE: 20140109 DATE AS OF CHANGE: 20140109 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: 14519518 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_8245.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

January 9, 2014

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: January 9, 2014 By: Tony Guglielmin

  Name:  Tony Guglielmin
  Title: Chief Financial Officer
     

EXHIBIT INDEX

Exhibit No.   Description

 
99.1   Ballard Announces Sales Agreement With M-Field For Clean Baseload Power Systems
     

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

Ballard Power Systems Inc.

News Release

Ballard Announces Sales Agreement With M-Field For Clean Baseload Power Systems

For Immediate Release – January 9, 2014

VANCOUVER, CANADA – Ballard Power Systems (NASDAQ: BLDP)(TSX: BLD) today announced the sale of approximately 400 kilowatts (kW) of the Company’s FCgen™-1300 fuel cell stack product to M-Field Energy Ltd. (www.m-field.com.tw), a Taiwan-based leader in the development of stationary fuel cell power systems.

M-Field plans to integrate the Ballard fuel cell stacks into multiple 100kW fuel cell systems designed to provide base load power as part of a complete hybrid renewable energy solution, in combination with wind turbines or photovoltaic power. These will be deployed throughout Asia in regions where there is demand for zero emission energy sources as a way of reducing greenhouse gas emissions.

Bin Hsu, M-Field CEO said, “Highly reliable fuel cell systems are the ideal way to overcome the issue of intermittent power availability often experienced with other renewable energy sources. Hydrogen and fuel cell technology will play an important role in the widespread adoption of alternative power generation.”

Surplus solar or wind energy will be stored in the form of hydrogen, which will subsequently produce power when needed, by means of the fuel cell system. Proton exchange membrane fuel cell systems, such as Ballard’s FCgen™-1300, are capable of load following and rapid startup at a low lifecycle cost.

Larry Stapleton, Ballard Vice President of Sales said, “This sales agreement is a positive reflection of the growing demand for clean fuel cell power solutions in Asia. We are pleased to extend our long-standing relationship with M-Field as it pursues larger-scale fuel cell opportunities in the region.”

Ballard has supplied fuel cell stacks to M-Field over the past ten years, primarily for lower power backup power systems. Ballard’s FCgen™-1300 fuel cell stack is a low-cost, liquid-cooled proton exchange membrane product specifically designed for stationary applications.

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 regarding anticipated business opportunities, product attributes, anticipated customer benefits and market drivers for our products which are provided to enable external stakeholders to understand Ballard’s expectations as at the date of this release and may not be appropriate for other purposes. These forward-looking statements are based on the beliefs and assumptions of Ballard’s management and 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. Such assumptions relate to Ballard’s financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand, and include matters such as generating new sales, producing, delivering and selling the expected number of units, and controlling its costs.

These statements involve risks and uncertainties that may cause Ballard’s actual results to be materially different, including, without limitation, the condition of the global economy, the rate of mass adoption of its products, product development delays, changing environmental regulations, its ability to attract and retain business partners and customers, its access to funding, increased competition, its ability to protect its intellectual property, changes in its customers’ requirements, foreign exchange impacts on its net monetary assets and its ability to provide the capital required for product development, operations and marketing. For a detailed discussion of these risk factors 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