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English Español Canada funds $875,000 to develop hydrogen fuel delivery system

With the support of the  Western Economic Diversification Canada (WD) funding, HTEC will develop and commercialize its next-generation PowerCube hydrogen distribution module.

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Author: PetrolPlaza Correspondent Pablo Plaza

The Hydrogen Technology & Energy Corporation (HTEC) will receive $875,000 in public funds to develop and commercialize a next generation hydrogen fuel delivery system. Together with HTEC, the Government of Canada announced $39 million investments through the Business Scale Up and Productivity (BSP) for 17 companies.

The PC65 is a flexible fuel-supply solution that can deliver high-pressure hydrogen to retail hydrogen fueling stations or act as a stand-alone fueling solution in heavy-duty transportation applications.

“With the PC65 system, we can deliver high-pressure hydrogen where and how it’s needed, in larger volumes than more conventional distribution systems like tube trailers. Fewer deliveries mean reduced fuel costs for our customers, and reduced greenhouse gas and particulate emissions associated with transportation of the hydrogen itself”, said Colin Armstrong, President & CEO, HTEC.

This investment will allow the company to refine its existing PowerCube technology to support recently announced projects in Edmonton and the Port of Los Angeles; maintain a competitive advantage as the hydrogen fuel cell electric vehicle (FCEV) market develops; and generate increased employment opportunities, revenue growth, and export sales.

In the coming years, hydrogen-powered cars, trucks, and buses will grow in popularity to meet zero-emission vehicle and climate change goals. HTEC’s mission is to harness hydrogen’s potential to reduce pollution and climate change by building hydrogen supply stations to support this developing industry.

By providing interest free, repayable funding to help qualified companies grow and expand, WD is delivering on the Budget 2018 commitment to grow the western Canadian economy through regional innovation.

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