Strategic Alliances

Palcan has established a number of Strategic alliances including; two Chinese joint ventures, Wuxi Shangfu Energy JV and Palcan Suzhou JV, several cooperative agreements including; Shanghai Power Research Institute a subsidiary of China Space Agency, University of East China and Ballard Technology.

Wuxi Shangfu Energy JV is between Palcan and the Wuxi local Govt. Wuxi city is a 3000 years old city in Jiangsu China. It is often referred to as “little Shanghai”, which speaks to its industriousness as well as its proximity to Shanghai being 124 km from Shanghai.

Wuxi wished to expand its manufacturing base in the alternative energy sector and selected Palcan and its founder, Dr Shen, to move into the Fuel Cell space. Wuxi provided a mix of investment and grants including cash, office and factory space to assemble Palcan’s system integration product, “Palpac Remote”

This system is designed to provide electricity for remote off grid locations. The system utilizes a new electrolyser that generates H2 from water that is stored in Palcan’s storage system.

Shanghai Power Research Institute, a sub Chinese Space Institute represents another strategic alliance who are developing a new, lower cost electrolyser for the Palcan's "PalPac" Remote.

Palcan will assemble the PalPac Remote in the Wuxi JV facility.

The Palcan Suzhou JV is a Joint Venture between Palcan and SuZhou City. SuZhou is also located in Jiangsu China.

The JV terms are similar to the Wuxi JV save that this JV will assemble all other Palcan Products. The production facility is located in Suzhou Production facilities.

Ballard Technology

Palcan has elected to use Ballard Power System's as it's fuel cell stack supplier.

Ballard is the recognized global leader in stack developmenrt that leads in quality,efficiency and robustness.

Temasek Polytechnic

Temasek's renowned engineering faculty has been funded by the Singapore's EDB (Economic Development Board) to be a centre of excellence to advance fuel cell innovation. Palcan has entered into an agreement with Temasek to jointly work on specific fuel cell projects. This arrangement gives Palcan's engineers unprecedented access to state of the art facilities that will enable Palcan to better "fast track" system advances to their fuel cell driven applications.

Green Power for a Green Earth