Browsing: Canada

FedDev Ontario Invests in Clean Hydrogen

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) recently announced a $2 million repayable investment for Next Hydrogen Corporation, a Mississauga-based company specializing in innovative electrolyzers.

Wilkinson hydrogen

Green hydrogen is being promoted as a cornerstone for a sustainable energy future in Atlantic Canada, with projections of significant economic and environmental benefits. By 2030, it is estimated that the region could see nearly 1,500 new jobs and over $35 billion in investments.

hydrogen

Fortescue’s announcement to pause its $2-billion green hydrogen plant in Prince George comes amid a global restructuring. This decision, affecting projects beyond Canada, raises questions about the feasibility and strategic planning behind such large-scale green hydrogen initiatives.

Wilkinson hydrogen

Canada embarked on a bold hydrogen strategy four years ago, envisioning a share in a global market anticipated to be worth up to $11.7 trillion by 2050. This ambitious plan attracted billions in public funding aimed at positioning Canada as a key player in the hydrogen sector.