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TC Energy Corporation TSX:TRP Toronto Common Stock
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Hyzon Motors, TC Energy In Hydrogen Production Hub Agreement

10/11/2021 2:34pm

Dow Jones News


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By Michael Dabaie

 

Hydrogen-powered fuel cell electric vehicles company Hyzon Motors Inc. and TC Energy Corp. said they would work together on hydrogen production facilities across North America.

The hydrogen production hubs will be used to meet hydrogen fuel cell electric vehicle demand by focusing on low-to-negative carbon intensity hydrogen from renewable natural gas, biogas and other sustainable sources, the companies said.

The companies will evaluate sites to develop hydrogen production facilities aimed at hydrogen delivery to fuel heavy duty vehicles. The hubs will be prioritized near existing and potential customer demand, with a goal to produce up to 20 tons of hydrogen per hub per day.

TC Energy will operate the hubs, supply the power and gas commodities, and provide asset development, management services, and power and gas sales marketing.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

November 10, 2021 09:19 ET (14:19 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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