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Ballard announces order for 6.4 MW to eCap Marine for Samskip vessels

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Ballard Power Systems (NASDAQ: BLDP) has secured a significant order to supply 6.4 MW of fuel cell engines to eCap Marine for integration into two Samskip vessels. The order comprises 32 FCwave�-200 kW engines that will power vessels operating between Norway and the Netherlands, marking one of the largest marine fuel cell engine orders in history.

The engines will be delivered in 2025 and 2026, building upon a collaboration that began in 2021. Notably, Ballard's FCwave� is the first DNV type-approved fuel cell module for marine applications, and the project is supported by ENOVA, Norway's government agency for energy initiatives.

Ballard Power Systems (NASDAQ: BLDP) ha ottenuto un importante ordine per la fornitura di 6,4 MW di motori a celle a combustibile a eCap Marine, che li integrerà in due navi Samskip. L'ordine include 32 motori FCwave� da 200 kW che alimenteranno le imbarcazioni operanti tra Norvegia e Paesi Bassi, rappresentando uno dei più grandi ordini di motori a celle a combustibile marini mai registrati.

I motori verranno consegnati nel 2025 e 2026, rafforzando una collaborazione iniziata nel 2021. In particolare, FCwave� di Ballard è il primo modulo a celle a combustibile approvato da DNV per applicazioni marine, e il progetto è supportato da ENOVA, l'agenzia governativa norvegese per le iniziative energetiche.

Ballard Power Systems (NASDAQ: BLDP) ha asegurado un pedido significativo para suministrar 6,4 MW de motores de pilas de combustible a eCap Marine para su integración en dos buques de Samskip. El pedido incluye 32 motores FCwave� de 200 kW que impulsarán embarcaciones que operan entre Noruega y los Países Bajos, marcando uno de los pedidos más grandes de motores de pilas de combustible marinos en la historia.

Los motores se entregarán en 2025 y 2026, consolidando una colaboración que comenzó en 2021. Cabe destacar que FCwave� de Ballard es el primer módulo de pila de combustible con aprobación tipo DNV para aplicaciones marinas, y el proyecto cuenta con el apoyo de ENOVA, la agencia gubernamental noruega para iniciativas energéticas.

Ballard Power Systems (NASDAQ: BLDP)ëŠ� eCap Marineì—� 6.4MW 연료전지 엔진ì� 공급하는 대규모 주문ì� 확보했으ë©�, ì´ëŠ” ë‘� ì²™ì˜ Samskip ì„ ë°•ì—� 통합ë� 예정입니ë‹�. ì´ë²ˆ ì£¼ë¬¸ì€ ë…¸ë¥´ì›¨ì´ì™€ 네ëœëž€ë“� ê°� 운항하는 ì„ ë°•ì—� ë™ë ¥ì� 공급í•� 32대ì� FCwaveâ„� 200kW 엔진으로 구성ë˜ì–´ 있으ë©�, 역사ìƒ� ê°€ìž� í� í•´ì–‘ 연료전지 엔진 주문 ì¤� 하나입니ë‹�.

엔진ì¶Ä 2025ë…„ê³¼ 2026ë…�ì—� ì¸ë„ë� 예정ì´ë©°, 2021ë…„ë¶€í„� 시작ë� 협력ì� 기반으로 합니ë‹�. 특히 Ballardì� FCwave™는 해양용으ë¡� DNV 타ìž� ì¸ì¦ì� ë°›ì€ ìµœì´ˆì� 연료전지 모듈ì´ë©°, ì� 프로ì íЏëŠ� ë…¸ë¥´ì›¨ì´ ì—너지 ì •ì±… 기관ì� ENOVAì� ì§€ì›ì„ 받고 있습니다.

Ballard Power Systems (NASDAQ : BLDP) a obtenu une commande importante pour fournir 6,4 MW de moteurs à piles à combustible à eCap Marine, destinés à être intégrés dans deux navires Samskip. La commande comprend 32 moteurs FCwave� de 200 kW qui propulseront des navires opérant entre la Norvège et les Pays-Bas, constituant l'une des plus grandes commandes de moteurs à piles à combustible marins jamais enregistrées.

Les moteurs seront livrés en 2025 et 2026, renforçant une collaboration débutée en 2021. Notamment, le FCwave� de Ballard est le premier module à pile à combustible approuvé par type DNV pour les applications marines, et le projet bénéficie du soutien d'ENOVA, l'agence gouvernementale norvégienne pour les initiatives énergétiques.

Ballard Power Systems (NASDAQ: BLDP) hat einen bedeutenden Auftrag erhalten, um 6,4 MW Brennstoffzellenmotoren an eCap Marine zu liefern, die in zwei Samskip-Schiffe integriert werden sollen. Der Auftrag umfasst 32 FCwave�-200 kW Motoren, die Schiffe zwischen Norwegen und den Niederlanden antreiben und damit einen der größten maritimen Brennstoffzellenmotoren-Aufträge der Geschichte darstellen.

Die Motoren werden in den Jahren 2025 und 2026 geliefert und bauen auf einer Zusammenarbeit auf, die 2021 begann. Bemerkenswert ist, dass Ballards FCwave� das erste DNV-typengeprüfte Brennstoffzellenmodul für maritime Anwendungen ist, und das Projekt wird von ENOVA, der norwegischen Regierungsagentur für Energieinitiativen, unterstützt.

Positive
  • Secured one of the largest marine fuel cell engine orders in history for 6.4 MW
  • Expanding existing partnership with eCap Marine, demonstrating customer confidence
  • FCwaveâ„� holds distinction as world's first DNV type-approved fuel cell module for marine use
  • Project backed by Norwegian government agency ENOVA, indicating strong institutional support
Negative
  • None.

Insights

Ballard secures major 6.4 MW fuel cell order for maritime vessels, validating commercial viability in a critical decarbonization market.

This 6.4 MW order from eCap Marine represents a significant commercial milestone for Ballard in the maritime sector. The deal for 32 FCwave�-200 kW engines to power two Samskip vessels demonstrates growing commercial traction for hydrogen fuel cells in shipping - one of the hardest-to-decarbonize transportation segments.

The order's scale is particularly noteworthy, described as "one of the largest marine fuel cell engine orders in history." This suggests Ballard is successfully moving beyond pilot projects to larger commercial deployments. For context, maritime applications require extensive power capacity and reliable performance under harsh conditions, making this a demanding use case that validates Ballard's technology.

Strategic partnerships are driving adoption here. This continues a collaboration with eCap Marine that began in 2021, indicating successful prior engagements. Samskip's position as "one of the largest multimodal European operators" provides Ballard with a high-profile reference customer in commercial shipping.

The DNV type-approval for Ballard's FCwave� module represents a critical regulatory achievement, removing a key adoption barrier by ensuring compliance with international maritime safety standards. Additionally, ENOVA's support (Norway's government agency for energy initiatives) demonstrates how public policy is accelerating hydrogen adoption in hard-to-electrify sectors.

This order targets specific commercial routes between Norway and the Netherlands, providing a real-world validation case for fuel cells in regular shipping operations rather than just demonstration projects. The delivery timeline spanning 2025-2026 indicates a medium-term revenue impact rather than an immediate financial catalyst.

VANCOUVER, BC, July 21, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the signing of a new purchase order for the supply of 6.4 MW of fuel cell engines to eCap Marine GmbH ("eCap Marine", ), a long-standing expert in emission free power, for deployment on two vessels by Samskip (), one of the largest multimodal European operators specializing in short sea, rail, road and barge services.

The 32 FCwave�-200 kW engines will be integrated into green marine propulsion systems by eCap Marine and power two vessels in Samskip's fleet to decarbonize routes between Norway and the Netherlands. The order continues the collaboration with eCap Marine which started in 2021. Delivery of the engines is planned for 2025 and 2026.

"We're proud to expand our partnership with eCap Marine and Samskip with one of the largest marine fuel cell engine orders in history," said Marty Neese, President & CEO, Ballard Power Systems. "Deploying our fuel cell engines on these two Samskip vessels provides a critical validation point for the use of PEM fuel cell propulsion for maritime applications."

Lars Ravens, Managing Director of eCap Marine stated, "Our continued collaboration with Ballard is central to our mission to decarbonize marine transport. This latest order exemplifies our shared commitment to operational excellence and environmental stewardship. Together, we are delivering a clean propulsion solution that meets the rigorous demands of long-haul marine operations."

Ballard's FCwave� is the world's first DNV type-approved fuel cell module for marine applications, ensuring compliance with international maritime safety and design standards. This order is supported by ENOVA, Norway's government agency for energy and climate initiatives, reinforcing the role of public-private collaboration in accelerating the transition to sustainable marine energy solutions.

About Ballard Power Systems

Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells enable electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit .

This release contains forward-looking statements concerning anticipated product deliveries, customer deployments, and customer benefits and market adoption of our products. These forward-looking statements 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. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.

These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these 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.

About eCap Marine

eCap Marine, based in Hamburg, Germany, provides innovative solutions for emission-free shipping by covering propulsion or specific loads on board. With in-house experts in naval architecture, electrical engineering, and hydrogen-based fuels, the company offers comprehensive services ranging from feasibility studies and subsidy support to technical design and handling of hydrogen and its derivatives, ensuring all necessary approvals from relevant authorities until delivering these solutions to their customers.

eCap Marine specializes in both mobile and containerized power generation solutions, as well as fixed installations under deck, utilizing, for example, hydrogen and batteries. Their initial hydrogen project has been the retrofitting of an offshore supply vessel by designing and delivering a hydrogen generator (H2PowerPac) with integrated battery storage, and swappable hydrogen tanks—enabling the vessel zero-emission operations through the ecologically sensitive Wadden Sea.

Further Information

Ballard Power Systems:
Sumit Kundu –Investor Relations +1.604.453.3517 or [email protected]

eCap Marine:
Josefin Klindt –Sales Manager +49 40 3562577512 or [email protected]

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SOURCE Ballard Power Systems Inc.

FAQ

What is the size of Ballard Power's new marine fuel cell order from eCap Marine?

Ballard received an order for 6.4 MW of fuel cell engines, consisting of 32 FCwave�-200 kW engines, to be used in two Samskip vessels.

When will Ballard (BLDP) deliver the fuel cell engines for the Samskip vessels?

The fuel cell engines are scheduled for delivery in 2025 and 2026.

What routes will the Ballard-powered Samskip vessels operate?

The vessels will operate routes between Norway and the Netherlands, helping to decarbonize maritime transportation in these regions.

What certification does Ballard's FCwave� fuel cell module have?

Ballard's FCwave� is the world's first DNV type-approved fuel cell module for marine applications, ensuring compliance with international maritime safety and design standards.

Who is supporting the Ballard-eCap Marine fuel cell vessel project?

The project is supported by ENOVA, Norway's government agency for energy and climate initiatives.
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