HTEC Hydrogen Technology & Energy
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€90.0k | Grant | ||
N/A | CAD875k | Grant | |
* | N/A | Late VC | |
* | CAD217m | Late VC | |
* | CAD300k | Grant | |
* | N/A | Grant | |
* | CAD337m | Debt | |
Total Funding | €146m |
Recent News about HTEC Hydrogen Technology & Energy
EditHTEC, or Hydrogen Technology & Energy Corporation, is a Canadian startup that operates in the clean energy sector, specifically focusing on hydrogen energy solutions. The company's primary goal is to facilitate the transition of the transportation sector towards a low carbon future. HTEC operates in strategic North American markets, providing a suite of services that include the design, construction, ownership, and operation of hydrogen fuel production facilities, infrastructure, and supply solutions.
The company's business model is divided into three units: hydrogen production and liquefaction facilities, hydrogen fueling stations and distribution systems, and hydrogen-powered vehicle supply solutions and adoption support. This comprehensive approach allows HTEC to serve a broad range of clients, from commercial trucking companies looking to reduce their carbon footprint, to governments and municipalities seeking to invest in clean energy infrastructure.
HTEC generates revenue by selling hydrogen fuel and related services to its clients. The company also benefits from provincial funding for clean energy initiatives, such as the pilot program in British Columbia that uses hydrogen to power commercial trucking.
HTEC has a strong presence in Canada, being the first company to establish and operate the country's first hydrogen refueling station network. It continues to expand its operations, as evidenced by the recent opening of a hydrogen refueling station in Kelowna and the groundbreaking ceremony for a low-carbon hydrogen production facility in Burnaby.
Keywords: Hydrogen Energy, Clean Energy, Low Carbon Future, Hydrogen Production, Hydrogen Infrastructure, Hydrogen Fueling Stations, Hydrogen-Powered Vehicles, Clean Tech, Commercial Trucking, Hydrogen Economy.