Feds give millions to B.C.’s STEMCELL Technologies and HTEC for facility construction
March 19, 2025
The federal government says it’s pumping nearly $100-million into two B.C. firms to support the construction of a hydrogen fuel facility and two “cutting-edge biomanufacturing facilities” for vaccines and other treatments.The Ministry of Innovation, Science and Industry says North Vancouver-based HTEC, a hydrogen energy firm, is getting $49-million toward a facility that turns “industrial byproduct hydrogen” into fuel.The ministry says the facility is part of the company’s plan to create a hydrogen fuel station network between B.C. and Alberta, which has also received support from the provincial government and a sizable loan from the Canada Infrastructure Bank last year.
Unpublished Newswire
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