Hydrogenics’s Power Systems division based in Toronto has won the largest single order in the firm’s history, from an unnamed ‘major OEM’. The follow-on contract includes a firm-fixed-price exclusive design and manufacture contract valued at more than US$36m.
Over the next three years, Hydrogenics will supply propulsion system equipment including integrated fuel cell power systems, power electronic converters, associated hardware and propulsion system software. The contract includes additional equipment commitments of US$13m as well as optional equipment and services totalling another US$43m over 10 years. These options will be triggered as required for production, spare parts, warranty, and service requirements.
Hydrogenics has been engaged in development work on hydrogen-based propulsion systems with the OEM concerned over the past seven years, and says this follow-on contract represents the transition to full commercialisation of the technology. Hydrogenics says its customer has made an irrevocable commitment to a minimum number of commercial deployments over a fixed time period.
Hydrogenics has to date applied its fuel cell systems to mobile applications including urban transit buses; fleet and utility vehicles; and material handling equipment (e.g. forklifts).
