Vancouver, CANADA – May 13, 2021 — Foresight Cleantech Accelerator Centre today announced a new partnership with the Canadian Hydrogen and Fuel Cell Association (CHFCA) to work together to advance hydrogen and fuel cell technology development and adoption in Canada.
This partnership is timely, as Canada’s federal government released its Hydrogen Strategy in December 2020, which recognized that hydrogen is a critical opportunity for Canada to meet net-zero carbon emissions by 2050 and that Canada has the potential to be a global leader in hydrogen technologies. The Strategy set an ambitious framework to advance hydrogen commercialization, and this partnership helps to bring together key players to facilitate the growth of the sector.
Foresight and CHFCA have agreed to work together in several areas including to:
- Provide ventures with training, resources, and support to launch and scale their technologies and services through Foresight’s accelerator programs
- Accelerate adoption through capacity building projects and demonstrations
- Collaborate on Industry Challenges that match industry needs with cleantech solutions
- Share market research
- Partner on marketing initiatives
“By taking a sectoral approach, Foresight brings together key players to accelerate the development and commercialization of cleantech solutions,” says Jeanette Jackson, CEO of Foresight. “We recognize the importance of clean hydrogen and fuel cell technologies, and believe this partnership with CHFCA will help Canada meet emissions targets and support the global transition to a green economy.”
”Canada has a world-leading hydrogen and fuel cell sector that is seeing strong growth and investment due to global demand for clean hydrogen and fuel cell products,” says Mark Kirby, President & CEO of CHFCA. “Foresight has a proven track record in helping cleantech companies scale, improve capabilities, and compete in a global market. We are pleased to be working with them to support our members, so Canada can achieve its emissions targets and benefit from this enormous business opportunity.”
The Canadian Hydrogen and Fuel Cell Association (CHFCA) is a national industry and academic association that supports industry, academia, government agencies, financial organizations and other stakeholders in the value chain of hydrogen and fuel cell technologies and products. As the collective voice of Canada’s world-leading hydrogen and fuel cell sector, the CHFCA’s mission is to strengthen Canadian leadership, raise awareness of the benefits of the technology, and accelerate the adoption of its members’ products and services in Canada and abroad. The CHFCA currently has 100 members across Canada and two regional branches in British Columbia and Quebec. You can also follow CHFCA on Twitter at @PoweringNow or visit www.chfca.ca for more information.
About Foresight Cleantech Accelerator Centre
Foresight is Canada’s cleantech ecosystem accelerator. Foresight supports the identification and validation of cleantech opportunities and the successful commercialization of solutions. We bring together industry, government, academia, investors, and innovators to address today’s most urgent climate issues and support a global transition to a green economy. Find out more at www.foresightcac.com and follow on Twitter @ForesightCAC.