Canadian hydrogen electrolyser maker admits it will need government grants to stay afloat

Next Hydrogen’s cash reserves have plunged 67% year-on-year, while long-term debt doubles in six months

Ontario Premier Doug Ford visiting Next Hydrogen's plant in 2024.
Ontario Premier Doug Ford visiting Next Hydrogen's plant in 2024.Photo: Doug Ford's LinkedIn profile
Published 18 August 2025, 11:48Updated 18 August 2025, 11:56
CanadaNext HydrogenFinanceElectrolysersSungrow