Ideanomics partners with Palcan Energy

Ideanomics partners with Palcan Energy

Ideanomics Inc. has partnered with Shangahi Bo Hydro New Energy Technology (Palcan Energy Corporation) to deploy methanol to hydrogen technology to existing fuel station networks.

Vancouver-based Palcan produces power systems for the transportation industry that are powered by hydrogen generated from methanol, rather than traditional fuels such as gasoline or diesel.

The agreement allows the use of Palcan’s technology outside of electricity-generation for charging networks, and into other areas of industry, such as hydrogen-based batteries and vehicle charging stations.

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