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Government of Canada announces over $1.1 million to grow the clean technology sector in Burnaby (CNW Group/Pacific Economic Development Canada)

Burnaby, BC, November 20, 2023--(T-Net)--The Pacific Economic Development Agency of Canada (PacifiCan), announced today funding of over $1.1 million to Burnaby-based Greenlight Innovation Corporation, a market leader in the testing equipment required to develop and manufacture hydrogen fuel cells, electrolysers, and energy storage devices.

With this funding, Greenlight says it will upgrade its internal business systems to improve inventory management and reduce administrative and operational costs. It is anticipated that these improvements will generate increased revenues and the create 45 new jobs.

Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan) made the announcement while attending the Burnaby Business Excellence Awards, co-presented by the Burnaby Board of Trade and the City of Burnaby.

PacifiCan is the dedicated federal regional economic development agency for British Columbia. The agency promotes growth and diversification in British Columbia's economy by enhancing innovation, improving business competitiveness, and promoting inclusive growth.

"As the third-largest city in B.C., Burnaby is home to a diversified local economy and thriving industry clusters - many of whom were celebrated at the Burnaby Board of Trade's Excellence Awards today. Greenlight Innovation Corporation is an example of a local company playing a key role in delivering innovative solutions that are building a cleaner, more sustainable future. PacifiCan is a proud partner in propelling these businesses forward." said Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada.

"Today, we invested $1.1 million in Burnaby's Green Light Innovation, highlighting Burnaby's role as a hub for innovation and clean energy in British Columbia. This funding will not only create high quality jobs but also boost a growing industry right in our own backyard." stated Terry Beech, Minister of Citizens' Services and Member of Parliament for Burnaby North - Seymour.

Greenlight PEM Fuel Cell Test Stations (Photo Credit: Greenlight Innovation)

"The Management of Greenlight Innovation is grateful to have been select by Pacifican for funding on this digitization project. Investing in our internal business systems will help facilitate Greenlight's continued growth by streamlining our internal processes as we scale our operations. Greenlight is the global leader in providing test equipment to companies developing and manufacturing fuel cells and electrolyzers, two technologies that will play a critical role in the transition away from fossil fuels to clean, renewable energy." said Ross Bailey, Co-founder and Managing Director, Greenlight Innovation.

Quick Facts

• PacifiCan provided $24,000 in funding to the Burnaby Board of Trade to support the Clean Energy Summit in June 2023. The summit covered a broad spectrum of topics related to renewable energy, transportation and climate change mitigation.
• PacifiCan is the federal economic development agency dedicated to British Columbians. PacifiCan works with partners who are building innovative businesses, creating quality jobs and supporting inclusive growth throughout our province.
• The Business Scale-up and Productivity program makes strategic investments in key economic sectors, helping innovative companies accelerate their growth and compete globally.
• According to the Hydrogen Strategy for Canada report, the global hydrogen industry is expected to reach $300B by 2030.

Associated Links:

• PacifiCan
• Business Scale-Up and Productivity program
• Greenlight Innovation Corporation
• Burnaby Board of Trade

About Greenlight Innovation

Greenlight Innovation is the leading global supplier of testing and manufacturing solutions for hydrogen fuel cells, electrolysers, and lithium batterie packs. Greenlight designs and manufactures automated industrial test and assembly equipment for PEM and SOFC fuel cells, reformers, electrolyzers, flow batteries, fuel cell engines as well as EV, HEV and PHEV battery packs.

Greenlight's fuel cell test stations and EV battery test equipment, ranging in power up to 500kW, are the recognized industry standards for quality and reliability. Our product portfolio includes flow battery, electrolyser, and fuel cell test systems (PEM, DMFC, SOFC, MCFC), as well as battery / hybrid test systems for electric vehicle battery systems.

Our battery testing platforms are turn-key, integrated solutions combining hardware such as load banks, power supplies, coolant modules, impedance devices and environmental chambers with software controls including automation capability, data handling, central control, and exterior interfaces through ethernet or CANbus protocols.

Greenlight also has the capability to design and manufacture custom test equipment for a variety of applications. Greenlight has a global customer base of automotive companies, fuel cell developers, battery pack developers, system integrators, and research organizations. We provide sales and service throughout North America, Asia and Europe.