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PowerDisc Announces Name Change to Loop Energy - Expands Focus to Zero-Emission Transportation Solutions
Friday, February 26, 2016Company Profile | Follow Company
Company Expands Focus to Zero-Emission Transportation Solutions
Vancouver, BC, February 26, 2016--(T-Net)--PowerDisc Development Corp announced today that it has changed its name to Loop Energy to mark the introduction of the company's zero-emission powertrain for heavy-duty transportation.
"Loop Energy better represents our business because it speaks to how our products work and to the larger principles of a zero-emission economy," said Ben Nyland, President of Loop Energy.
Ben Nyland, President
The Loop heavy-duty powertrain combines an electric battery with a hydrogen fuel cell designed around their patented eFlow® technology to deliver superior performance compared to diesel engines, while producing only water vapour as exhaust.
Patented, peer-tested and industry applauded, Loop's eFlow® technology is the first to create uniform current density, solving one of the most challenging issues in hydrogen energy development - and offering a new vision for heavy transport.
In contrast, heavy-duty diesel engines produce a disproportionate share of carbon and particle pollution in North America. The Loop powertrain also matches diesel engines on a total cost basis without subsidies, making it ideal for short and regional-haul trucks that operate at distribution centers and international ports.
"When we talk to freight owners, we find that what they really want is zero-emissions," said Dag Hinrichs, Vice President of Sales and Marketing at Loop. "Customers don't care whether their trucks are powered by fuel cells, batteries or some combination of both. What they care about is a solution that delivers operational efficiency, lower total cost of ownership, and smart ways to get carbon pollution out of their supply chain."
Dag Hinrichs, VP, Sales & Marketing
Loop's ultimate goal is to replace the diesel engine. "We see a world where we no longer have to burn oil to move things," says Nyland. "A world where we create the power we need by working with natural cycles." A world of loops.
David Leger, CEO
For more information about the name change or to learn more about Loop Energy, please visit www.loopenergy.com.
About Loop Energy
Loop Energy provides zero-emission power systems for heavy-duty transport. Loop works with freight owners to design and deliver carbon-free transportation solutions using both electric and hydrogen technologies. Loop powertrains deliver superior performance to conventional diesel engines at a competitive cost of ownership, without subsidies. For more information about how Loop Energy is driving the future of zero-emissions, visit www.loopenergy.com.
Contact:
Business Inquiries:
Dag Hinrichs
1.855.222.1534
dag.hinrichs@loopenergy.com
Media Inquiries:
Debby Harris
1.604.980.4333
debby@riversedgeconsulting.ca
Photo Credit: Loop Energy
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