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Palcan Energy Corporation

Palcan is a hi-tech enterprise whose mission is help drive forward the “hydrogen” economy. Palcan produces, reliable, affordable,
power systems for the transportation industry that are powered by “hydrogen” NOT gasoline or diesel.

China’s explosive growth came at a cost and now China’s environmental strategies for cleaner air and water are being rapidly developed and deployed, which Palcan is a part of.

Palcan is the 1st company in China to obtain approval of its own designed methanol reformed fuel cell (MRFC), which will be integrated in fleet vehicles across China beginning in 2020.

Palcan’s MRFC adapts to many other sectors beside transportation including; communication, mobile charging, off grid homes and back-up power.

Palcan has been involved in the fuel cell business for many years, initially in Canada
where much of the fuel cell industry began to commercialize. Since 2016 Palcan made moves to launch
business in China as China was committed to support a hydrogen
society while other countries stood still.

China’s foresight to create a “country wide” distribution of methanol, a fuel that enjoys the highest concentration of hydrogen will fuel Palcan’s MRFC. The MRFC benefits include; extend a vehicle’s range, the life of batteries, reduce operating costs and only discharge warm water and slight CO2.

Palcan is presently completing its manufacturing and research facility which is located near Shanghai. This new complex has a total surface area of 60,000 m², with a planed production scale of 500,000 various fuel cell systems for total investment of ¥500 million. Upon completion the facility will be the largest fuel cell production facility in Asia.