VANCOUVER – The Canada Infrastructure Bank (CIB) and Vancouver-based HTEC, a designer, builder, owner and operator of hydrogen supply solutions, are partnering to speed up deployment of hydrogen and refuelling infrastructure.
The CIB’s $337 million loan will expedite and expand HTEC’s operations in B.C. and Alberta and the investment will contribute to implementing HTEC’s H2 Gateway, a full-service, sustainable fuel supply chain focused on reducing emissions in the transportation sector, a release said.
HTEC plans to build and operate an interprovincial network of up to 20 hydrogen refuelling stations to support the deployment of fuel cell vehicles, supported by three new electrolyzers located in Burnaby, Nanaimo and Prince George, and a facility that liquefies 15 tonnes per day of vented byproduct hydrogen in North Vancouver, the release said.
“With the CIB’s strategic investment, we are poised to establish highly sustainable hydrogen ecosystems that will drive the adoption of zero-emission transportation and support larger regional hydrogen hubs. An investment of this magnitude signals confidence in HTEC and the network of dedicated partners delivering safe, low-carbon energy solutions, putting Canada on the map,” HTEC president and CEO Colin Armstrong said in a statement.
As part of the investment, 14 of the 20 new stations will enable the refuelling of up to 300 heavy duty vehicles per day, the release said.
The partnership is the third investment through the CIB’s Charging and Hydrogen Refuelling Infrastructure initiative, which focuses on expanding the private sector’s rollout of large-scale charging and hydrogen refuelling infrastructure.
HTEC previous received $5 million in investment from PacifiCan’s Business Scale-up and Productivity funding and $3 million from Natural Resources Canada’s Zero Emissions Vehicle Infrastructure Program for its two-tonne-per-day low-carbon hydrogen production and liquid transfer facility in Burnaby.
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