Ballard Power to offer first NPMC-based PEM fuel cell product
Ballard Power Systems announced that the company has collaborated with Nisshinbo Holdings to develop a Non Precious Metal Catalyst for use in the world's first commercialized NPMC-based proton exchange membrane fuel cell product. Nisshinbo and Ballard have jointly collaborated on the development of NPMC since 2013. Ballard has successfully incorporated the Non Precious Metal Catalyst into a high performing catalyst layer under a Technology Solutions program and plans to launch a new 30-watt FCgen-1040 fuel cell stack product incorporating NPMC for commercial use in late-2017. The NPMC-based FCgen-1040 fuel cell stack will be a variant of Ballard's FCgen-micro fuel cell stack, derived from the Company's air-cooled fuel cell technology designed for integration into ultra lightweight applications. In morning trading, Ballard shares rose 63c, or 16.9%, to $4.34.