The Burnaby, B.C. company, which makes fuel-cell systems for electrifying commercial vehicles, has filed a preliminary prospectus to go public on the TSX. (The Logic)

Talking Point: The offering contributes to a hot market for initial public offerings in general, and cleantech companies in particular. As The Globe noted, the S&P/TSX Composite Index hit a record high early Monday, and companies are eager to cash in on investor interest in new listings. Clean-energy companies like Canada’s Ballard Power and American fuel-cell producer Plug Power have seen huge share-price gains over the past year as institutional investors increasingly seek them out. Buoyed by the same factors, Newfoundland mining company Altius Minerals plans to hive off its renewable-power division in a $100-million IPO of its own. Cleantech went through a similar boom cycle during the dot-com craze, but technologies like fuel cells are still being tested and developed, and it remains to be seen whether another bust is around the corner.