BC Centre for Innovation Funds 13 Climate Tech Companies to Decarbonize Heavy-Duty Trucking
Key Ideas
- The B.C. Centre for Innovation and Clean Energy (CICE) has allocated $7.7 million to 13 climate tech companies targeting decarbonization in heavy-duty trucking.
- Funding focuses on driving significant reductions in greenhouse gas emissions, with $4.2 million directed towards companies specializing in low-carbon hydrogen, battery technology, energy storage, and low carbon fuels.
- Companies like Edison Motors, Noram Electrolysis Systems, AlgaFilm Technologies, and NanosTech Environmental are among the recipients, each contributing innovative solutions to advance sustainability in different sectors.
- Innovations in low carbon hydrogen production, circular processing for lithium battery manufacturing, and efficient fueling of hydrogen-fueled heavy trucks are highlighted as key areas of focus for the funded companies.
The B.C. Centre for Innovation and Clean Energy (CICE) has recently announced $7.7 million in funding for 13 climate tech companies aiming to drive decarbonization efforts within heavy-duty trucking. This investment is strategically directed towards companies that demonstrate a commitment to achieving significant reductions in greenhouse gas emissions. A substantial portion of the funding, amounting to $4.2 million, is specifically earmarked for seven B.C. companies focusing on low-carbon hydrogen, battery technology, energy storage, and low carbon fuels. Companies like Edison Motors, Noram Electrolysis Systems, AlgaFilm Technologies, and NanosTech Environmental have been selected as recipients, showcasing their dedication to advancing sustainability across various sectors.
Noteworthy projects include Edison Motors' development of the world's first EV tri-blade snowplow and Noram Electrolysis Systems' efforts to enable sustainability in lithium battery manufacturing through circular processing. The funding also extends to innovations in low carbon fuels, with AlgaFilm Technologies and NanosTech Environmental being acknowledged for their contributions in this area.
The initiative also addresses low carbon hydrogen production, with companies like Ekona Power focusing on converting carbon waste into catalysts for greenhouse gas reductions. Quantum Technology is working towards eliminating hydrogen loss during storage and transfers, thereby enabling more efficient fueling of hydrogen-powered heavy trucks. Additionally, Unilia Fuel Cells is dedicated to developing hydrogen fuel cells tailored for heavy-duty vehicles.
Sarah Goodman, president and CEO of CICE, emphasized the importance of expediting the commercialization of British Columbia's most promising climate solutions. By supporting innovators during crucial stages, the goal is to ensure the delivery of impactful solutions on a global scale while simultaneously generating economic benefits for both British Columbia and Canada.
Topics
Fuel Cells
Clean Energy
Innovation
Sustainability
Funding
Economic Benefits
Greenhouse Gas Emissions
EV Technology
Climate Tech
Latest News