dynaCERT Inc Welcomes Expanded Ontario Hydrogen Innovation Fund - Cozzy Energy Solutions
dynaCERT Inc. Welcomes Expanded Ontario Hydrogen Innovation Fund The Company applauds the Ontario Government for its decision to expand the Ontario Government Hydrogen Innovation Fund (HIF) with a new budget of $30 million and broadened eligibility criteria. This development is significant as it provides a substantial boost to the hydrogen industry in Ontario, enabling companies like dynaCERT to scale up innovation, grow domestic manufacturing, and create good-paying jobs. The expanded HIF will also help advance clean energy solutions and position Ontario as a global leader in next-generation industrial technology. dynaCERT has been engaged in extensive consultations with cabinet ministers, elected politicians, senior officials within the government, and industry experts over the past six years to promote the implementation of clean technology legislation and grants. The Company's participation in the Hydrogen Strategy Working Group advising the Ontario government led to the release of its Low-Carbon Hydrogen Strategy in April 2022. Mohamed Firin, Ontario MPP for York South–Weston, stated that the investment will help create good-paying jobs, grow local manufacturing, and strengthen Ontario's position as a leader in hydrogen innovation. Maike Althaus, Executive Director of Hydrogen Ontario, expressed gratitude for the ongoing support of the government, highlighting the potential of hydrogen to drive economic growth and create high-quality jobs across Ontario. Jim Payne, Chairman and CEO of dynaCERT, welcomed the expanded HIF as a crucial step towards advancing the hydrogen economy. He emphasized that this kind of targeted support would enable companies like dynaCERT to scale innovation, grow domestic manufacturing, and contribute to a cleaner, more competitive future.
