Press release - 20/04/21

HTEC Collaborates with Mitsui to Increase Green Hydrogen Production in British Columbia

The partnership will support HTEC’s capacity to meet increasing market demand for hydrogen and the company’s fuel supply solutions.

 

VANCOUVER, BRITISH COLUMBIA, April 20, 2021 –HTEC Hydrogen Technology & Energy Corporation (HTEC) today announced a collaboration with Mitsui & Co. (Canada), Ltd., which is the wholly-owned Canadian subsidiary of Mitsui & Co., Ltd., (Mitsui), to develop a 5.0 megawatt (MW) electrolytic hydrogen production project in British Columbia that will provide fuel to HTEC’s network of fueling stations and help decarbonize local natural gas use. In a province like BC, where more than 90 percent of the energy produced is generated using cost-effective, clean, and reliable hydroelectric power, the partnership with Mitsui allows HTEC to meet increasing market demand for green hydrogen, produced by electrolysis.

 

“Partnerships make what we do possible,” says Colin Armstrong, HTEC’s CEO. “Hydrogen is part of the solution on the global path to a zero-emission future, in transportation, industry, homes, and our workplaces.  HTEC and Mitsui are aligned in our commitment to developing a renewable hydrogen value chain in North America and this project is a great first step in what I hope will become a long and successful relationship.”

 

With 132 offices and affiliates in 64 countries worldwide, Mitsui & Co., Ltd. is collaborating across companies, countries, and industries, to develop hydrogen solutions to accelerate the clean energy transition.  The company is already engaged in a number of upstream and downstream hydrogen-related projects, making investments not only in production, but also in storage tanks for passenger vehicles and heavy duty applications, ground storage, distribution solutions, fueling infrastructure and FC transports.

 

“We are expanding our partnerships with strategic players like HTEC who shares the common goal of decarbonization.” says Sayu Ueno, Chief Operating Officer of the Americas Business Unit of Mitsui & Co., Ltd. “Developing clean energy projects with companies like HTEC supports the strategic focus of our Medium-term Management Plan 2023 and moves us towards our company-wide commitment to play our part in creating a low-carbon, globally sustainable society.”

 

HTEC is Canada’s number one hydrogen production, distribution, and dispensing solutions company and a market leader in North American clean hydrogen infrastructure and technology solutions.  The collaboration with Mitsui will support HTEC’s capacity to meet increasing market demand for the company’s hydrogen fuel supply solutions.


 

HTEC Media

Grace Kariuki, Marketing Communications Specialist

604-904-0412

gkariuki@htec.ca

 

Mitsui Media

Takeshi Enowaki, General Manager of Corporate Department

416-947-3809

toraa@dg.mitsui.com

 

About HTEC:

HTEC is unlocking the potential of hydrogen to reduce climate change and air pollution. The company designs build and operate hydrogen fuel supply solutions to support the deployment of hydrogen fuel cell electric vehicles. Partnering with government, industrial gas companies, key equipment suppliers, automotive companies, and energy companies, HTEC is delivering safe, reliable, convenient, sustainable, and low-cost hydrogen to customers and consumers, how, when, and where they need it.

HTEC: Fueling the Drive to Hydrogen. www.htec.ca

 

About Mitsui:

Mitsui & Co. (Canada) Ltd. is the wholly-owned Canadian subsidiary of Mitsui & Co., Ltd., one of the world's most diversified trading, investment and services enterprises. Mitsui has a long history of more than 50 years in Canada since the former Mitsui & Co. (Canada) Ltd. was established in 1956. https://www.mitsui.com/