The Canadian federal government has invested CAD $8.9m in two domestic hydrogen companies as part of a CAD $68.2m deployment into 17 total cleantech companies through Sustainable Development Technology Canada, according to a news release.
Aurora Hydrogen of Edmonton will receive CAD $3.9m and Next Hydrogen of Mississauga will receive CAD $5m.
Aurora uses microwaves to produce turquoise hydrogen, made via methane pyrolysis, with no direct CO2 emissions or water consumption, the release states. Next Hydrogen is developing electrolysis technology to break water into hydrogen and oxygen, decreasing the cost of hydrogen production.
