Loop Energy Awarded $9.75 Million in Funding From Government of Canada to Scale Production Capabilities of Hydrogen Fuel Cell Stacks
Loop Energy Awarded $9.75 Million in Funding From Government of Canada to Scale Production Capabilities of Hydrogen Fuel Cell Stacks. Burnaby, BC, May 3, 2022--Loop Energy (TSX: LPEN) announced that it has been awarded $9.75 million CAD over three years from the Government of Canada through Pacific Economic Development Canada's (PacifiCan) Jobs and Growth Fund. Loop Energy will invest the funding into increasing the manufacturing capacities of its hydrogen fuel cell stacks and modules at its Burnaby, Canada, manufacturing facility.
Source: bctechnology.com