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Ballard signs deal with WEG Industries to develop fuel cells for clean energy in Brazil

Canadian-based Ballard Power Systems has signed a non-binding Memorandum of Understanding with WEG Industries in Brazil, to collaborate on product and market development of clean energy fuel cell products.

Under the agreement, Ballard will work with WEG Industries to identify and evaluate market opportunities for hydrogen PEM fuel cell products and services in applications related to WEG’s businesses and technologies, in vertical markets such as bus, rail, and mining.

‘This agreement with WEG Industries will be an important enabler for increased fuel cell product traction in the fast-growing Brazil market,’ says John Sheridan, President and CEO of Ballard. ‘There are a number of important commercial applications that we will focus on and evaluate with WEG.’

WEG Industries is a multinational corporation headquartered in Jaragua do Sul, Brazil, operating globally in the electrical engineering, power, and automation technology sectors. The company produces electric motors, generators, transformers, drives, and coatings.

‘WEG is committed to expanding into new clean energy-related businesses,’ says Umberto Gabbato, Managing Director of WEG Automation.

‘We see the work with Ballard as consistent with our desire to ensure the smallest impact on the environment,’ he continues. ‘Furthermore, we see potential for fuel cells ranging from public transit to mining and other critical power applications.’

 

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