#None #Vancouver #Ballard Power Systems #eCap Marine #Samskip

Major Announcement in Maritime Fuel Technology

On July 22, 2025, Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), a leader in hydrogen fuel cell technology, declared that it has signed a new purchase order to deliver 6.4 MW of fuel cell engines to eCap Marine GmbH. This deployment targets two vessels operated by Samskip, one of Europe's largest multimodal operators focused on short-distance shipping services across marine, rail, road, and barge pathways.

This order involves 32 FCwave™ fuel cell engines, each rated at 200 kW. These engines are set to be integrated into the sustainable marine propulsion systems developed by eCap Marine. They will play a crucial role in decarbonizing transportation routes between Norway and the Netherlands, highlighting a significant advancement in clean maritime technology. The anticipated delivery of these engines is scheduled for 2025 and 2026, marking another milestone in the ongoing collaboration that began in 2021 between Ballard and eCap Marine.

Marty Neese, CEO of Ballard Power Systems, expressed pride in expanding their partnership with eCap Marine and Samskip, noting, "We are thrilled to execute one of the largest orders for marine fuel cells recorded in history. The integration of our fuel cell engines in these vessels signifies a crucial validation point for the deployment of PEM fuel cell propulsion in maritime applications."

The CEO of eCap Marine, Lars Ravens, emphasized the fundamental role their partnership with Ballard plays in the mission to decarbonize maritime transport. He stated, "This latest order exemplifies our shared commitment to operational excellence and environmental stewardship. Together, we deliver a clean propulsion solution that meets the intense demands of long-distance maritime operations."

The FCwave™ fuel cell system by Ballard holds the distinction of being the first fuel cell module certified by DNV for marine applications, ensuring compliance with stringent international maritime safety and design regulations. This order also gains backing from ENOVA, the Norwegian government’s agency for energy and climate initiatives, underscoring the importance of public-private collaborations in accelerating the shift towards sustainable marine energy solutions.

About Ballard Power Systems

Ballard Power Systems envisions a planet powered by sustainable fuel cells. Their zero-emission PEM fuel cells enable the electrification of transportation across various sectors, including buses, trucks, trains, ships, and stationary energy solutions. For more information, visit www.ballard.com.

Overview of eCap Marine

Based in Hamburg, Germany, eCap Marine specializes in innovative zero-emission shipping solutions, providing expertise in naval architecture, electrical engineering, and hydrogen fuels. They offer comprehensive services ranging from feasibility studies and grant support to engineering design and hydrogen management, ensuring that all regulatory approvals are secured. Their projects focus on mobile energy generation solutions that utilize hydrogen and battery systems, paving the way for emissions-free operations in ecologically sensitive areas.

The partnership developed between Ballard and eCap Marine signifies a substantial commitment to transforming the maritime industry through innovative fuel cell technology. As these companies work together, they exemplify leadership in advancing renewable energy solutions that prioritize environmental sustainability.

For further inquiries regarding Ballard Power Systems, please contact investor relations manager Sumit Kundu at +1.604.453.3517 or via email at [email protected]. For eCap Marine, reach out to Sales Director Josefin Klindt at +49 40 3562577512 or at [email protected].

The path to zero emissions in maritime transport is not just a dream; with collaborations such as these, it is becoming an achievable reality.