Two B.C. companies working to usher in the zero-emissions hydrogen economy have announced merger plans.
Vancouver-based hydrogen fuel-cell supplier Loop Energy, and industrial equipment developer H2 Portable Power Corp. of Chilliwack, issued a news release Feb. 9 to say they’ve entered into a “three-cornered” amalgamation agreement.
Hydrogen fuel-cell technology is being applied to the challenge of replacing diesel equipment, and H2P is helping carve out a niche with several Lower Mainland pilot projects, including a decarbonization project of the gantry cranes at the Port of Vancouver.