Loop Energy Inc.

$8,855,371.00 CAD

≈ 114 Canadians' average pay for a year
Department
Pacific Economic Development Canada
Program
Regional Economic Growth through Innovation
Recipient country
Canada
Fiscal year
2021-2022
Agreement period
March 30, 2022 – March 31, 2025
Reference
pacifican:GC-WD-DEO-2024-2025-Q2-26

Published purpose

Increase Manufacturing of Hydrogen Fuel Cell Stacks & Modules - Budget 2021

In plain English AI-generated

Funding to Loop Energy Inc. to increase manufacturing of hydrogen fuel cell stacks and modules, supporting clean energy technology production in Canada.

Category: Climate Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful
View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions