NTE Discovery Park Ltd. (“NTE”) and Quantum Technology Corp (“Quantum”) have signed a Memorandum of Understanding on [June 3rd], 2024 regarding the co-development of green hydrogen production plants in Campbell River, B.C., Canada.
The green hydrogen production plants are intended to produce green hydrogen using renewable electricity. The proposed first pilot phase of the project with a daily production target of 15 metric tons per day of green hydrogen gas and liquid, is intended to provide mobility fuels for Vancouver Island, Powell River and Vancouver markets. Green hydrogen allows ferries, buses, trucks, trains, and cars to operate with zero CO2 emissions, which contributes to mitigating the effect of the earth’s climate change. Hydrogen will also be blended as a small percentage of natural gas to further reduce CO2 emissions.
The potential second phase will be a full-scale project with an expanded capacity and will deliver green liquid hydrogen to Vancouver and Victoria regions for heavy transportation.
NTE and Quantum intend to work with First Nations on whose traditional territories the project is to be built, and additionally, other stake holders, to ensure the effective development of the project.
NTE Discovery Park Ltd., a B.C. company based in Campbell River, B.C., Canada, owns the Discovery Park industrial site in Campbell River.
Quantum Technology Corp, a B.C. company based in Squamish, B.C., Canada is an industry leader in hydrogen liquefication and purification technology.
Contacts:
QTC: Dr. Calvin Winter. Phone: 604 222 5539 Email: calvin.winter@quantum-technology.com
NTE: John Tang Phone:403 477 6485 Email:john.tang@nt-energy.com
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