VANCOUVER - Ballard Power Systems says it has shipped the first 100 ElectraGen fuel cells to distributors in Southeast Asia and South Africa.
The Vancouver-based firm (TSX:BLD) announced in August it had recieved an order from Cascadiant Inc. for 102 fuel cell power generation systems to provide back-up power to two Indonesian wireless companies.
Earlier this month, Ballard signed a deal to supply Inala Technologies, its new African distributor, with up to 192 methanol fuelled power systems.
The shipments follow Ballard's acquisition of some assets belonging to IdaTech, a long-time customer of the fuel-cell maker.
Methanol is plentiful around the world, so cells that run on that fuel are a good way to provide backup power in remote locations, Ballard said.
Ballard shares closed down nearly seven per cent to 70 cents on the Toronto Stock Exchange Wednesday.