HTEC's $900M H2 Gateway Project to Revolutionize Transport in British Columbia
Key Ideas
- HTEC plans to establish a $900 million network of up to 20 hydrogen refuelling stations across British Columbia and Alberta, with key production plants in Prince George, Burnaby, and Nanaimo.
- The project is expected to create over 280 full-time jobs to support the network, with 14 stations catering to heavy-duty vehicles and the potential to reduce transportation sector emissions by 133,000 tonnes annually.
- Supported by a $337 million loan from the Canada Infrastructure Bank and backed by the provincial government's low carbon fuel standard agreements, the H2 Gateway aims to accelerate hydrogen technology adoption and infrastructure development.
- The HTEC president highlighted the importance of creating a hydrogen supply ecosystem to drive demand in the transportation industry, with plans to expand hydrogen usage nationally and globally once established.
Hydrogen Technology & Energy Corporation (HTEC) announced their ambitious $900 million H2 Gateway project to establish a network of hydrogen refuelling stations, including up to 20 stations in British Columbia and Alberta. Key production plants are planned in Prince George, Burnaby, and Nanaimo, with the aim to support heavy-duty vehicle adoption of hydrogen technology. The project, backed by a $337 million loan from the Canada Infrastructure Bank, is also supported by the provincial government through low carbon fuel standard agreements valued at up to $133 million. The initiative is expected to create over 280 full-time jobs and could significantly reduce transportation sector emissions by an estimated 133,000 tonnes annually. HTEC's focus on building a hydrogen supply ecosystem to stimulate demand in the transport industry aligns with their vision to expand hydrogen usage nationally and eventually globally. The project signifies a major step towards sustainable and innovative transportation infrastructure in British Columbia.
Topics
Production
Infrastructure
Carbon Emissions
Transportation
Job Creation
Sustainable
Government Support
Energy Project
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