After losing 98% of its value since first trading on the Toronto Stock Exchange in 2021 and then laying off a majority of staff in 2023, Burnaby’s Loop Energy now intends to amalgamate with another B.C.-based company operating in the hydrogen space. Loop is amalgamating with H2 Portable Power Corp, the companies announced this week. Based in Chilliwack, […]
Loop Energy
Tough Market Batters Loop Energy as Company Unveils Drastic Cuts
Burnaby’s Loop Energy, a designer and manufacturer of hydrogen fuel cell solutions, is laying off a majority of its staff. “Due to challenging capital market conditions, including significant stock price declines in the hydrogen fuel cell sector since the beginning of the year, and after careful consideration of its alternatives, the board of directors has […]
Decoding Vancouver Tech
As Vancouver’s technology publication of record, Techcouver reports on and discusses at length the many regional entrepreneurs and organizations applying technology and innovation to the Canadian economy. There are now more than 111,000 tech occupations in Vancouver, where tech work accounts for roughly one-third of all occupations—a figure up 69% over five years. The West Coast city proudly maintains the […]
Moment Energy and Svante Among Finalists for 2023 BC Cleantech Awards
The finalists for the 2023 BC Cleantech Awards have been announced. Chosen from over 200 nominations, these individuals and organizations reflect the best of BC cleantech. The BC Cleantech Awards ceremony will be a virtual event this year with finalists and program partners gathering online on March 30th. Among the companies nominated in for the […]
Burnaby’s Loop Energy to Power New Hydrogen-Electric Forklifts
Burnaby’s Loop Energy has been selected by Wiggins Lift Co., a leading American material handling vehicle manufacturer, to provide the fuel cell system for its new hydrogen-powered eBull forklift product. Loop is a designer and manufacturer of hydrogen fuel cell solutions and will support commercial deployment of the hydrogen-electric forklifts in late 2023. Wiggins provides material […]
BC Tech Crowns Winners of 2022 Technology Impact Awards
Now in their 29th year, the Technology Impact Awards (TIAs) have never had more reasons to celebrate than they did last night at the Vancouver Convention Centre. Ambition was the theme of the 2022 TIAs and through the evening’s celebration 45 TIAs finalists across 12 categories were honoured. Staged before a sold-out crowd at the Vancouver Convention […]
BC Tech Unveils Finalists For 2022 Technology Impact Awards
The BC Tech Association has announced the finalists for the 2022 Technology Impact Awards (TIAs). 48 finalists across 12 Technology Impact Award categories who achieved exceptional success in the past year made the final cut. With ambition as the theme for this year’s awards, the award finalists showcase the incredible accomplishments of BC’s tech companies. […]
Green Growth: BC Makes Strong Showing in Future 50 List
There are at least 50 reasons to be optimistic about climate change in Canada. Corporate Knights this month revealed what it dubs the Future 50: the fifty fastest-growing green companies in the country. “Our objective was to identify outstanding Canadian entrepreneurs and companies that are gaining significant traction in the fight against carbon – with exciting […]
Finalists Announced for 2022 BC Cleantech Awards
The finalists for the 2022 BC Cleantech Awards have been announced. Chosen from more than 140 nominations, these individuals and organizations reflect the best of BC cleantech. The BC Cleantech Awards ceremony is a hybrid event, with finalists and program partners gathering in downtown Vancouver, and everyone in the broader cleantech community invited to join […]
Loop Energy to Fuel 8-Meter Minibus in Slovakia
Burnaby’s Loop Energy is going to Europe. The developer and manufacturer of hydrogen fuel cell-based solutions has sold a S300 fuel cell module to Slovakia-based company, Mobility & Innovation (M&I) to fuel the electric powertrain of their new 8-meter transit bus. This order is the first under the commercial agreement signed between the parties, which anticipates […]