Investing over $1.1m to grow clean technology sector in Burnaby

eAwazLocal News

This announcement was made by Minister Sajjan while attending the Burnaby Board of Trade’s 2023 Business Excellence Awards.

Burnaby – The transition to a cleaner, more prosperous economy will require innovation to support the adoption of clean energy solutions. Canada is a world leader in hydrogen technology and know-how. As countries around the globe look to meet their net-zero emission targets by 2050, hydrogen will help position Canada as a global leader in clean renewable fuels.

Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced 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 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.

The Minister made this announcement while attending the Burnaby Business Excellence Awards, co-presented by the Burnaby Board of Trade and the City of Burnaby. During his remarks, the Minister commended the co-hosts and attendees for helping to build a thriving business ecosystem that benefits the whole community, the B.C. economy, and that supports Canada’s transition to a greener, cleaner future.

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 BC, 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.” – Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada