Hydra Energy is scaling its green hydrogen fuelling infrastructure and hydrogen-diesel conversion kits to help North American fleets reduce both tailpipe emissions and fuel costs.
The company today (May 27) said it had received a $12m investment from Just Business to support the efforts and expand beyond pilots to deliver hydrogen-powered trucking.
Specifically, the funding will help further development of Hydra’s initial waste hydrogen capture plant in British Columbia, its fuelling infrastructure and conversion kits – all of which will support the growth of a hydrogen mobility market.
Commenting on the company’s plans, Badr Abduljawad, Co-Founder and Chief Innovation Officer of Hydra, said, “Hydrogen is no longer a fuel of the future. This funding brings Hydra closer to having 65 trucks on today’s roads that deliver significant fuel and emissions savings to our early users.
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