Canada invests $49m in HTEC’s hydrogen liquefaction facility
As the world transitions toward cleaner energy solutions, Canada is taking decisive action to solidify its leadership in sustainable innovation. Recognising the urgent need to reduce carbon emissions and invest in renewable energy sources, the federal government is backing projects that drive economic growth while enhancing environmental sustainability. One such transformative initiative is a significant investment in hydrogen liquefaction technology, which promises to revolutionise the clean energy sector and pave the way for a greener future. Major investment in hydrogen liquefaction Anita Anand, Minister of Innovation, Science and Industry, has announced a significant $49m investment in HTEC through the Strategic Innovation Fund. This funding will support a $472m project to establish and operate a cutting-edge hydrogen liquefaction facility in North Vancouver. The facility will be able to capture and liquefy 15 tonnes per day of industrial by-product hydrogen, converting waste into a valuable, clean fuel source. Anand commented: “Low-carbon hydrogen is key in achieving our goal of net-zero emissions by 2050 – and the demand for it is growing across Canada and around the world. …