As more North American commercial fleets look to reduce tailpipe emissions and fuel costs, Delta’s Hydra Energy has secured $15 million from Just Business to expand beyond pilots and deliver hydrogen-powered trucking today.
This funding is to support the further development of Hydra’s initial waste hydrogen capture plant in British Columbia, its fuelling infrastructure, and conversion kits in the company’s quest to make hydrogen transport a reality today.
By replacing 40 percent of diesel with hydrogen in Canada alone, Hydra could displace the equivalent of approximately 7.1 billion liters worth of diesel per year. That’s the equivalent of taking over four million passenger cars off the road each year.
After completing extensive on-road testing by professional drivers on commercial routes covering over 200,000 km, Hydra’s flagship HaaS project is scheduled to break ground later this year.
Hydra offers truck fleets and commodity haulers Hydrogen-as-a-Service (HaaS), including hydrogen-diesel, dual-injection conversion kits and green hydrogen fuel at fixed discount five percent lower than their existing diesel costs with no up-front investment.
With transportation currently responsible for the fastest growth in CO2 emissions accounting for 24 percent of global greenhouse gas emissions, trucking being one of the fastest growing sectors, and zero-emission semi-truck advancements slow to commercialize, Hydra aims to create an economical, low-risk, scalable solution using existing trucks and resources to decarbonize the trucking industry.
Hydra also installs green hydrogen fueling stations on-site at no cost to the fleet owner. The green hydrogen used by Hydra is sourced from waste hydrogen, a by-product of various manufacturing processes.