The B.C. Centre for Innovation and Clean Energy (CICE) has announced $1.25 million in non-dilutive investment in three innovative B.C. companies scaling solutions focused on low carbon hydrogen, carbon management, and low carbon synthetic fuels.
Unilia Fuel Cells and Expander Technologies are both addressing the challenge of reducing carbon emissions in transportation.
Burnaby’s Unilia is rolling out a hydrogen fuel-cell-powered heavy-duty truck, offering a zero-emission alternative to battery-electric models.
Meanwhile, Penticton’s Expander is producing fossil-free, net-zero renewable diesel and sustainable jet fuel, providing low carbon solutions for long-haul trucking and aviation.
Together, these innovations address critical emissions challenges across the transportation sector.
Mission’s InnoCast Concrete is tackling the dual challenge of carbon sequestration during hydrogen production and reducing concrete’s high carbon footprint through the permanent capture and storage of carbon compounds in concrete, enabling large-scale carbon sequestration and potential applications for millions of tons of carbon by-products.
CICE leads catalytic investment into clean energy innovation at its earliest stages, enabling the next wave of made-in-B.C. technologies that address global hard-to-decarbonize challenges in high-emitting industries from transportation, mining, forestry, construction, industrial manufacturing and more.
As B.C.’s largest early-stage climate investor, CICE is leveraging B.C.’s energy and technology advantages to attract investment, create good jobs and build sustainable economic prosperity for decades to come.
“Investing in British Columbia startups is more than fostering innovation; it’s about driving economic growth and creating jobs for sustainable economic prosperity,” said Sarah Goodman, CEO of CICE.
“At CICE, we are proud to support these groundbreaking companies by unlocking capital to commercialize and scale essential net-zero technologies that can transform our construction and transportation sectors.”
To date, CICE has invested $32 million in 48 clean energy and climate technology projects valued at over $174 million.